Wall Street Edges Higher After Fed Lending Cut
Stocks rose modestly as investors cheered the Fed for winding down emergency lending for banks. The Dow gained 9.45 to 10,402.35, the S&P 500 added 2.42 to 1,109.17, and the Nasdaq inched up 2.16 to 2,243.87. Mortgage delinquencies fell for the first time in years and core CPI eased 0.1 percent in January amid housing and auto price declines.
MENTIONED IN THIS ARTICLE
Federal Reserve
Standard & Poor
U.S
Mortgage Bankers Association
U.S. Labor Department
Oil Prices Rally Near $80 Amid Supply Concerns
Oil prices flirt with 80 dollars as a two week rally fueled by hopeful economic data and fears of supply tightness from Europe and the Middle East. benchmark crude for March delivery rose to 79.81 dollars on the Nymex while April contract settled at 80.06 dollars as trading shifted forward.
MENTIONED IN THIS ARTICLE
Europe
Middle East
New York Mercantile Exchange
Rockwell Collins leaders rotate in company reorg
Rockwell Collins unveils leadership shifts and a rename of Rockwell Collins Services to International and Service Solutions. The Simulation and Training group moves to Government Systems, with executives Churchill Ortberg and Statler exchanging roles to boost cross unit leadership.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Ne Gazette
Rockwell Collins
Rockwell Collins Services
International
Pam Tordy
Tional
Kelly Ortberg
Commercial Systems
Churchill
Government
Kent Statler
Ortberg
Clay Jones
Jones
Tordy
Cedar Rapids
Riley's Cafe grows from diner to Cedar Rapids chain
Phil Pankey moved from buying Willy Woodburn's 836 First Ave to rename Diner on First as Riley's Cafe. He expanded to 515 Williams Blvd Fairfax and 112 Second St SE, adding dinner hours and more sites. The chain emphasizes low hours, a hometown feel, and affordable menu with burgers and breakfast entrees while renovating (and possibly adding an ice cream parlor) the First Ave location.
MENTIONED IN THIS ARTICLE
Ine Gazette
Phil Pankey
Cedar Rapids
Pankey
Marriott Hotel
Willy Woodburn
First Ave
Bill Woodburn
Ellis Boulevard
Riley
Williams Blvd
Fairfax
Riley’s
LoDo’s Pizza
Second St. SE
Kevin Schmidt
First Avenue
Boyson Road
Richard Pankey
Phil
Riley's Cafe
First Ave SE
Iowa wind energy potential quadruples previous estimate
A National Renewable Energy Laboratory study raises Iowa from tenth to seventh in wind energy capacity, projecting 2.02 million gigawatt hours annually. Higher towers and advanced turbines at 80 meters enable access to stronger winds, boosting national potential to 37 million gigawatt hours yearly.
MENTIONED IN THIS ARTICLE
Lowa
Dave DeWitte Te Gacette Lowa
National Renewable Energy Laboratory
Iowa
American Wind Energy Association
United States
U.S
Texas
California
Also Mentioned on This Page
Wall Street
Associated Press
Avid
Dewitte
Gazcomm
Greg Churchill
By Dave DeWitte
David.dewitte
Gazcomm.com
Cliff Jette
the Gazette
Paul Peterson
New
David Dewitte
Peea
Hillsbkhillsbank
FDIC
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