Wall Street Opens Year With Sharp Gains After Manufacturing Dip
Wall Street started the year optimistic as investors ignored a weaker than expected manufacturing report. The Dow Jones rose 258.30 points to 9034.69, the S&P 500 gained 28.55 points to 931.80, and the Nasdaq climbed 55.18 points to 1632.21.
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Oil price halves from $100 as 2009 trading opens
A year after crude topped $100 a barrel, February crude rose to $46.34 on the NYMEX. Analysts cite Gaza violence and expectations of OPEC’s biggest ever production cut as factors shaping the decline and potential further drops.
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Verizon Wireless to close Alltel deal on January 9
Verizon Communications says the 5.9 billion Alltel acquisition will close January 9 making Verizon Wireless the nation’s largest carrier with about 78 million subscribers. Regulatory review extended into December despite earlier hopes to finish in 2008.
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Midwest recession to worsen in nine-state survey
Creighton University economist Ernie Goss reports December readings show a contracting regional economy across Arkansas Iowa Kansas Minnesota Missouri Nebraska North Dakota Oklahoma and South Dakota. The survey warns of rising unemployment and job losses through early 2009 with deflation likely in the first half of next year.
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Crazy dream comes true as Stone City pub reopens
Anamosa woman revives the Stone City General Store Pub overlooking the Wapsipinicon River near Cedar Rapids. Tristan Langdon, a former travel agent, opened the historic tavern in the old H Dearborn store six months ago with help from Tad Larson and Langdon’s mother Susannah Maddock. The project drew on Langdon’s childhood memories and local support, turning a nearly century old building into a functioning restaurant with a menu from Jeff Kock.
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Stone City General Store Pub Opens After Zoning Win
Langdon completed the Stone City project with a 2008 health code upgrade and a contested zoning change. The venue at 12612 Stone City Rd Anamosa offers open-mike Sundays 4 to 8 pm and a menu of sandwiches and drinks drawing locals and visitors.
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Plan ahead for rewired leisure in retirement
The authors Miners and Sedlar urge planning five years before retirement. Assess overlap of work and leisure, identify passions, and map two weeks of life to expand current activities into a fulfilled rewired life using work connections to springboard into new leisure groups and opportunities.
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Rick Miners
Jeri Sedlar
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