Wall Street Edges Up on Positive Economic Signals
The Dow rises 40.48 points to 10,309.24 as upbeat economic reports bolster hopes of a recovery. The S&P 500 adds 4.64 to 1,099.51 and the Nasdaq climbs 12.10 to 2,226.29 amid steady demand for risk assets.
MENTIONED IN THIS ARTICLE
Treasury
Greece
Dow
Standard & Poor
State to approve loan for Whirlpool unit at Amana plant
The Iowa Department of Economic Development Board will consider a 6.5 million forgivable loan for Maytag Whirlpool unit. The due diligence panel recommended approval and a 1 p.m. news conference is set at the Amana Heritage Society Museum to discuss the plant modernization and 1600 jobs at Whirlpool operation in Amana.
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Iowa Department of Economic Development Board
Maytag
Whirlpool Corp
Due Diligence Committee
Ided Board
Amana Heritage Society Museum
Main Amana
Whirlpool
IDED
Brett Mills
Horizons GEO CEO Resigns to Pursue Theology
Horizons GEO chief Scott Jamieson will leave in August after 18 years with the nonprofit. The 56 year old will pursue a master’s in theological studies at Vanderbilt University in Nashville Tennessee. An executive search committee will seek his replacement.
MENTIONED IN THIS ARTICLE
Horizons
Scott Jamieson
Jamieson
Vanderbilt University
Nashville
Tenn
Businesses begin Haiti relief campaign in Iowa City
Eleven Iowa City retailers launch "Small Businesses Have Big Hearts" to raise funds for Haiti earthquake relief. Each $5 donation earns a unique offer from participating stores. promotion runs through February 28 at Akar Dawns Discerning Eye Dulcinea Herteen and Stocker Om Gifts Prairie Lights Revival RSVP Textiles and Zenders.
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Iowa City
Akar
Dawns
Discerning Eye
Dulcinea
Herteen and Stocker
Om Gifts
Prairie Lights
Revival
RSVP
Textiles
Zenders
SBA action key to new downtown G R restaurant
Cedar Rapids building owner says the SBA has a 60 day cure period to bring rent current on the Blend lease enabling a new restaurant to open at 221 Second Ave SE. SBA holds first lien on restaurant equipment and furnishings from the original loan, complicating immediate occupancy.
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George C. Ford
Gazette
Cedar Rapids
Blend
Steve Emerson
Second Ave
U.S. Small Business Administration
SBA
Emerson
Andy Deutmeyer
Vic Kuper
Mark Young
Gold Estate expands with in-home gold evaluation events
North Liberty entrepreneur Matt Gibson opens Sophia's Gold house party evaluations after The Gold Estate stores in Cedar Rapids and Coralville. Guests bring jewelry in bags for on-site testing and offers, with checks to reduce security risks.
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the Gazette
North Liberty
Matt Gibson
Cedar Rapids
Coralville
Gibson
Sophia
First Ave
Dubuque
Waterloo
Quad Cities
Iguana
Iowa City
Reminisce Scrapbook
Reminisce
Gold Estate
First Avenue SE
Deere reports higher first quarter earnings and raised forecast
Deere & Company posted a 19 percent rise in first quarter net income to 243.2 million dollars and lifted its 2010 profit view to about 1.3 billion. Worldwide revenue fell to 4.835 billion as equipment sales weakened slightly, offset by gains in the financial services unit.
MENTIONED IN THIS ARTICLE
George C. Ford
Gazette Deere & Co
Moline
Deere
Financial Services
Waterloo
Toyota widens probe to Corolla power steering issues
Toyota reviews power steering complaints in the Corolla amid broader safety lapses. Shinichi Sasaki says under 100 reports exist, possible causes include braking or tire problems, and a recall could be used if defects are found. U.S. officials also investigating. Toyota vows fixes and renewed safety focus.
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Tokyo
Toyota Motor Corp
Akio Toyoda
Washington
Toyoda
Toyota
Shinichi Sasaki
Sasaki
U.S
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Wall Street
GEO
SBA Action
G.R
Deutmeyer
Kuper
Young
Paramount Theatre
Theatre
George
Ford
Gazcomm.com
By Dave DeWitte
David
Dewitte
Gazcomm
Veu
Ine Gold Estate
Georgeford
Corolla