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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 04, 2012
Page
6
The Dow Jones Industrial Average closes at its highest level since the 2008 crisis, up 157 points to 2882. The S&P 500 adds and the market sees broad gains while airline and transportation talks emerge in political actions.
Readable pieces are insufficient to identify people places organizations or events for a valid card.
A Micron Technology executive died in a plane crash amid undisclosed circumstances. Investigators are reviewing flight data and collecting statements from potential witnesses. Officials confirmed the identity of the deceased and said no further details are available pending family notification.
The January job gain of 243000 beats expectations, pushing unemployment to 8.3 percent. Growth spans professional services manufacturing and construction, while government payrolls fell, boosting private-sector hiring by 297000.
Cedar Rapids based Rockwell Collins CEO Jones says the company survived two recessions, wars, an epidemic, and a credit crisis through market diversity and shared services. He warns that federal defense cuts and sequestration could threaten national security and the firm, outlining steps to offset losses via international growth and disciplined guidance.
President Obama outlines a Veterans Job Corps inspired by the Civilian Conservation Corps to put about 20,000 veterans to work restoring habitats and removing invasive species. He seeks $1 billion over five years plus $4 billion for COPS and $1 billion for firefighter grants to fund police, parks, and fire projects.
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