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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 19, 2008
Page
20
The Dow, S&P 500, and Nasdaq all fell as investors grew wary despite President Bush's stimulus plan. The Dow slid 59.91 points to 12,099.30, the S&P 500 dropped 8.06 to 1,325.19, and the Nasdaq declined 6.88 to 2,340.02.
General Electric reports fourth quarter net income of $6.7 billion or 66 cents a share, up from $6.44 billion or 62 cents. Revenue climbs 18 percent to about $48.6 billion as more than half of sales come from outside the United States. GE also notes its Cedar Rapids based GE Financial Services unit.
Tyson Foods announces a settlement with Don Tyson and the Tyson Limited Partnership to pay 4.5 million to end a shareholder lawsuit. Wells Fargo plans to cut about 130 Iowa jobs, around 1 percent of its local workforce, as part of a technology project reorg.
A random survey shows gas prices in the Corridor as of yesterday afternoon with figures rounded to the nearest cent. The report notes price variations across stations and outlines current trends in consumer fuel costs.
A report by the Iowa Policy Project finds one child needs 28 956 a year and two children 44 482 to cover basics. Median wages fall short in Cedar Rapids and Iowa City, with Des Moines easiest and Sioux City hardest to manage. energy costs and transportation strain budgets.
Destiny Hastings of Kaplan University seeks methods to keep staff positive after a leadership transition. Cedar Rapids Area Chamber of Commerce hosted a two hour Chamber Academy class led by Chris Scaffidi from The Pacific Institute, focusing on creating constructive cultures to boost performance. Hastings found the session inspiring and said the exercises are easy to apply in staff meetings.
Cedar Rapids area Chamber members and the public can join Chamber Academy courses on topics from Building Brand Wealth to Effective Marketing in Today’s Financial Market. Classes run two hours to several days, taught by professional consultants, with $50 member and $85 non member fees and lunch provided. Stow says the program boosts networking and business growth. Contact: George Ford at Gazette Communications.
A Greensboro Center for Creative Leadership study notes that office politics can aid career growth when managed well. Bill Gentry cites six tips: choose organizational battles, manage up, practice influence, hone perception, network effectively, and be sincere in interactions.
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