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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 24, 2015
Page
11
Deborah Nevens profiles John Raid founder of Ruminate, Cedar Rapids based startup. He aims to bring Jetsons like home automation to homeowners via a smart lamp with embedded electronics and Wi Fi that learns when to turn on and off.
John Raid builds Ruminate a smart lamp offering motion microphone and temperature sensors with email or text alerts. He pitched to Nest and Google Ventures noting interest and potential funding expected in March. Major sales began through the company site while awaiting Nest decision.
The Cedar Rapids Airport Commission selected Kleiman Construction of Cedar Rapids for 11.48 million in phase two of a 47 million passenger terminal remodel. Work starts after spring break, with skylights seating and terrazzo floor in the pre security area.
The National Association of Realtors reports existing home sales dropped 4.9 percent to 4.82 million units, the lowest since April of the previous year. All four regions saw declines amid tight inventories, keeping prices elevated and weighing on first time buyers.
Port and trade officials warn it will take 45 to 60 days to clear backlogs following a tentative 29 port labor agreement involving 20,000 dockworkers. Executives say full normal operations may take months as retailers brace for continued shipments delays across apparel, furniture, and groceries.
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