Markets tumble then rebound as oil rout spooks investors
Global markets swing wildly with oil prices plunging to about 26 dollars a barrel, the Dow down over 500 points before finishing near 15,766. S&P 500 slipped about 1 percent while Nasdaq erased losses to post a small gain. Oil’s 30 percent drop since January signals weak global demand and potential slower growth, though economists note improving employment and cheap fuel as offsetting factors.
MENTIONED IN THIS ARTICLE
New York
China
U.S
Dow
Standard & Poor
Chris Rupkey
Mufg Union Bank
Wal-Mart to raise pay for 1.2 million workers this year
Wal-Mart will increase pay for more than 1.2 million US and global employees as part of a two year 2.7 billion investment in wages benefits and training. Raises begin February 20 lifting entry level to 10 dollars per hour and boosting full time and part time averages.
MENTIONED IN THIS ARTICLE
Wal-Mart
United States
U.S
Judith McKenna
Caring hands drive Right at Home franchise growth in aging care
My Biz profiles Riffey who opened a Right at Home franchise to help seniors remain at home. Her firm employs 49 workers offering respite, non medical care, home health aides, dementia care, companionship and homemaking while stressing the personal, human aspects of caregiving and the need for clearer home health legislation.
MENTIONED IN THIS ARTICLE
Riffey
Rrisbane
Biffey
Right At Home
Liz Martin
the Gazette
Tiffany Carpenter
Gloria Sears
Sears
Hilltop Manor
Marion
Carpenter
Iowa
Renee Riffey
Right At Home Cedar Rapids Aims to Meet Silver Tsunami Demand
Renee Riffey explains Home Care agency Right At Home Cedar Rapids sees rising demand as thousands reach 65 daily and more seniors wish to stay at home. She warns the legislature is unprepared and calls for public education and laws to support aging in place. Contact Francie Williamson for business inquiries.
MENTIONED IN THIS ARTICLE
Riffey
Kirkwood
Renee Riffey
Center Point Rd
Ste. D. Cedar Rapids
Raher
Francie Williamson
Francie. Williamson
Farm bankruptcy debt cap urged to rise to ten million
Midwest lawyers urge Senator Grassley to raise the Chapter 12 debt limit from 4 million to at least 10 million to help family farmers facing rising costs, tighter credit and falling crop prices. They warn many will otherwise enter costly Chapter 11 filings as dairy and grain firms also feel pressure.
MENTIONED IN THIS ARTICLE
Chicago
Midwest
Chuck Grassley
Iowa
Illinois
Indiana
Joseph Peiffer
Cedar Rapids
Peiffer
Grassley
Senate Judiciary Committee
U.S. Department of Agriculture
USDA
Deere & Co
Monsanto Co
Archer Daniels Midland Co
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