Wall Street Backs Bernanke To Remain Fed Chief
US stocks rose as momentum favored Bernanke’s renewal. Senate leader Reid predicted a vote by week’s end and Axelrod said Bernanke has the votes. Dow gained 23.88 to 10,196.86 while S&P 500 rose 5.02 to 1,096.78 and Nasdaq added 5.51 to 2,210.80.
MENTIONED IN THIS ARTICLE
Federal Reserve
Ben Bernanke
Senate
Harry Reid
Dnev
David Axelrod
Bernanke
Fed
Dow Jones
Standard & Poor
Gasoline Pricing Lags Oil Decline as Crude Rises
Gasoline prices dipped by less than a nickel from a 15 month peak while oil fell about 10 percent over two weeks. The national average reached $2.709 on Monday, down from $2.7543 on January 14, per AAA Wright Express and OPIS. Benchmark crude for March settled at $75.26 on NYMEX.
MENTIONED IN THIS ARTICLE
AAA
Wright Express
Oil Price Information Service
New York Mercantile Exchange
Rates Drop at Weekly Treasury Bill Auction
The Treasury Department’s Monday auction showed three month bills sold at 0.055 percent discount, down from 0.060, and six month bills at 0.135 percent, down from 0.145. This marks the lowest levels in two weeks with the three month and six month yields near January readings. The one year average yield slipped to 0.31 percent from 0.35 last week.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
Heartland Financial posts quarterly loss
Heartland Financial Corp of Dubuque reported a net loss of 7.9 million for Q4 2009, widening from 2.7 million in Q4 2008. For 2009 the company posted a 6.4 million profit, down from 11 million in 2008, with the Q4 loss tied to a 12.7 million goodwill impairment charge amid weak markets in Arizona and Montana.
MENTIONED IN THIS ARTICLE
Heartland Financial USA
Dubuque
Heartland Financial
Arizona
Montana
Cedar Rapids airport approves 39.7 million budget with runway project
The Eastern Iowa Airport's fiscal 2011 budget totals 39.7 million led by an 16.2 million main runway rebuild. Revenue is projected at 36.9 million with grants and fees funding operations. passenger projections drop 8 percent to 443 440. The plan funds a new fire truck 1.2 million baggage screening move 583 thousand and boiler replacement 575 thousand.
MENTIONED IN THIS ARTICLE
Nealese
Cedar Rapids
Iowa
Baggage Claim
Donald Swanson
Swanson
George.ford
Gazcomm.com
Private donors back Tree of Five Seasons repair project
Private donors will cover about 350000 to repair flood damage to the Tree of Five Seasons at First Avenue and First Street NE Cedar Rapids and create a new surrounding plaza. The work includes sculpture repair lighting restoration and a larger plaza with granite facing elevated flagpoles and a water feature.
MENTIONED IN THIS ARTICLE
George C. Ford
Edar Rapids
Bill Munsell
Five Seasons Plaza
Cedar Rapids
Munsell
First Avenue
First Street
Gary Anderson
Jim Prosser
Prosser
Mark Gullickson
Ryan Companies US Inc
OPN Architects
Ron Corbett
Corbett
Julie Sina
Cedar Rapids airport to hire new director under $30,000 search
The Cedar Rapids Airport Commission approved a $30,000 plus expenses contract with ADK Consulting to run a nationwide search for a replacement for Dan Mann who resigns to lead Columbia Metropolitan Airport. The new director will earn $115,918 to $159,619 annually. Acting director is Donald Swanson as the commission awaits candidates.
MENTIONED IN THIS ARTICLE
George C. Ford
Gazette
Cedar Rapids
Iowa
Mann
Columbia
S.C
ADK Consulting
ADK Executive Search
Richland- Lexington
Airport Commission
ADK
Carroll Reasoner
Donald Swanson
Swanson
Larry Mullendere
Tax credits reshape 2009 2010 filings under new schedules
Taxpayers face IRS Schedule M and Schedule I for Making Work Pay and government retiree credits. The credits total up to 400 per person or 800 per couple, with wage thresholds. Schedule L allows new deductions while simplifying itemization. Some filers may seek professional help or e filing to navigate the changes.
MENTIONED IN THIS ARTICLE
American Recovery and Reinvestment Act
IRS
Chris
Topher Miller
Linda Lundahl
Lundahl Hart & Austad Tax Services
Marion
Sundah
Lundahl
Also Mentioned on This Page
Wall Street
Gary Ande
Teorgeford
ADK Consulting Inc
Atlantic Beach
Fla
Dan Mann
Eastern
Ford
Dave DeWitte
E Gazette
Avid
Dewitte
Gazcomm
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