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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jan 27, 2018

Page

19

Casey’s bids for Kroger convenience stores

Casey’s General Stores has submitted an initial bid for Kroger Co’s roughly $2 billion KwikShop and related stores. CNBC reports the deal could help Casey’s avoid activist pressure to sell. Final offers are due in early February. Kroger aims to refocus on online businesses amid competition.

Casey’s General Stores Kroger Co CNBC Casey’s Kroger Cedar Rapids U.S Alimentation Couche-Tard Inc ATD Murphy USA Murphy Goldman Sachs

Siemens lays off about 195 at Fort Madison plant

Siemens Gamesa confirms roughly 195 jobs cut at the Fort Madison wind turbine facility, leaving about 330 employees. The move aims to align staffing with business needs through 2018 while signaling continued long term investment, including new blade mold capacity. The plant, opened in 2007, employs workers from Iowa Illinois and Missouri.

Fort Madison Siemens Siemens Gamesa Hawk Eye U.S Iowa Illinois Missouri Joe Steil Lee County Economic Development Group Steil Tri-State Iowa Works Ment of Energy Barack Obama Ilinois Hutchinson Kan Ontario Canada

U.S. GDP rose 2.3 percent in 2017 economy gains slow Q4

The 2017 GDP climbed 2.3 percent led by domestic demand while Q4 annualized growth cooled to 2.6 percent. Unemployment stood at 4.1 percent with 2.1 million jobs added in 2017. Analysts note global conditions influence export demand and foreign investment.

Washington U.S Donald Trump Trump United States

Soros says Facebook and Google face regulation to curb power

The billionaire philanthropist warned at Davos that Facebook and Google are growing monopolies harming innovation and democracy. He urged stricter EU enforcement and broader regulation amid rising tech scrutiny in Washington and beyond.

Facebook Google Soros George Soros Davos Switzerland European Union Silicon Valley Washington, D.C

Also Mentioned on This Page

Kroger Convenience Stores JCP Investment Management BLR Partners Joshua Schechter JCP Couche-Tard Seven &i Holdings Bilion Sunoco LP Siemens Energy Agustea Ource Bureau Tibune News Service TECH
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