Wall Street Falls as Obama Presses Tighter Bank Rules
U S stocks drop with the Dow down 213 points to 10 389 88 as Obama calls for stricter big bank rules Bond prices rise amid market volatility The Standard & Poor s 500 slips 21 56 to 1116 48 and Nasdaq falls 25 55 to 2265 70 Separately Modernfold Inc cuts a second shift at its Dyersville Iowa plant laying off 40 workers as it consolidates manufacturing into one shift The plant employs 340 and was acquired by The Dorma Group in 2002.
MENTIONED IN THIS ARTICLE
Barack Obama
Standard & Poor
Dyersville
Modernfold Inc
al Hartman
Greenfield
Ind
Modernfold
Dorma Group
Ennepetal
Germany
Toyota recalls 2.3 million U S vehicles over pedal issue
Toyota recalls 2.3 million U S vehicles to fix sticky accelerator pedals. Affected models include 2009 2010 Rav4, Corolla, Matrix, Avalon, Camry, Highlander, Tundra, and Sequoia with各 years noted.
MENTIONED IN THIS ARTICLE
Toyota
U.S
Mortgage rates dip under 5 percent for 30 year loans
The 30 year fixed mortgage averaged 4.99 percent, down from 5.06 percent a week earlier, marking the third straight weekly decline as bond markets eased. The 15 year fixed averaged 4.40 percent, 5 year adjustable at 4.27 percent, and 1 year adjustable at 4.32 percent.
MENTIONED IN THIS ARTICLE
Freddie Mac
Associated Press. Gazette
Farmland scarcity keeps Iowa prices high amid strong demand
Farmers National Co. executives say limited high quality Iowa land keeps prices up above appraisal levels with buyers ready. Auction results show top quality land reaching 8000 per acre in Missouri and 5500 to 7000 in Iowa, while investors seek 3 to 5 percent returns as cattle demand wanes.
MENTIONED IN THIS ARTICLE
Orlan Lava
Ge Robert Shaffer
Rural
West Union
Iowa
George C. Ford
Gazette
Sam Kain
Omaha
Farmers National Co
Kain
Monty Mensch
Farmers National
Kansas
Mensch
Lee Vermeer
Vermeer
Nebraska
Missouri
Mediacom Internet outage traced to processing error
Mediacom reports a processing issue improperly routed network traffic caused a systemwide Internet outage from about 5 p.m. to 11:30 p.m. The company says the problem was intermittent and not related to the ice storm or an email migration. Customers told to reboot modems and power cycle routers. vendors and Mediacom engineers are investigating and adding monitoring to prevent recurrence.
MENTIONED IN THIS ARTICLE
Mediacom Internet
Phyllis Peters
Mediacom
Des Moines
Peters
Iowa
Haiti crisis sparks call for world food reserve
At its Coralville convention, the National Farmers Organization endorsed a global food reserve concept. Gene Paul argues for an international body to donate surplus grain and related products during good harvests to stabilize prices without dampening markets.
MENTIONED IN THIS ARTICLE
Haiti
National Farmers Organization
Coralville
Gene Paul
Paul
Italy
U.S
U.S. Department of Agriculture
Foreign Agricultural Services
Michael Michener
World Grain Forum
Russia
WEP
United Nations’ World Food Programme
Michener
Reuters
Eco Lips launches Cause Balms for Haiti relief via Worldwide Village
Cedar Rapids Eco Lips expands Cause Balms to include Worldwide Village aiding Haiti relief. The program donates 2 from every 350 lip balm sale to Worldwide Village, plus support to Shakti Rising Cheerful Givers Motivating Miles Foundation and Breast Cancer Society. Dr. Buresh aided Haiti relief, and online orders fund the causes.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Eco Lips
Hoo Lips
Jen Johnson
Worldwide Village
Haiti
Ecolips.com
Cheerful Givers
Motivating Miles Foundation Inc
Breast Cancer Society Inc
Also Mentioned on This Page
Wall Street
Obama
Minnesota
Ilinois
eNon
Central
South Dakota
Farmers National Company Agent
Survay
Lee
Beorge Jord
Gazcomm.com
Lea Vermeer
Farmers Nationa
Monty Meusch
Mediacom Network
David
Dewitte
Gazcomm
Christopher Buresh
University of Hospitals and Clinics
Iowa City
Buresh
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