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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

Jul 15, 2009

Page

16

Sinclair faces bankruptcy risk if Cunningham groups fails

Sinclair Broadcasting warned Wall Street Tuesday that a Cunningham Broadcast Group bankruptcy could trigger a debt refinancing squeeze and revenue loss. The firm sells about 26 million yearly under local marketing agreements and could suffer synergies and loan impacts if Cunningham collapses. Shares fell to 1.10 on Nasdaq amid the turmoil.

Dave DeWitte Tis Gacett Sinclair Broadcasting Cunningham Broadcast Group Sinclair Wall Street Hunt Valley Cedar Rapids KDSM Des Moines Fox Cunningham Cun

Iowa Receives 1.4 Million for Farm Conservation Aid

The Agriculture Appropriations Bill allocates 1.406 million to Iowa for conservation and environmental management. Funds support the Watershed Demonstration Project and Soap Creek Watershed Project, plus programs with the Iowa Soybean Association for environmental systems and watershed management. U S Rep Dave Loebsack praised the effort as boosting farm operations and land protection. Additional allocations include 288000 for Certified Environmental Management Systems and 134000 for Watershed Management and Demonstration Program.

Iowa Iowa Soybean Association Soap Creek Soap Creek Watershed Board

All-pet airline launches first flight from New York

Pet Airways, the all-pet carrier started by Alysa Binder and Dan Wiesel, launched its first flight from Republic Airport in Farmingdale New York. The service will operate five aircraft to five cities including New York Washington Chicago Denver and Los Angeles with a $250 one way fare.

New York Alysa Binder Dan Wiesel Pet Airways Republic Farmingdale N.Y Binder Wiesel Jor Washington Chicago Denver Los Angeles U.S Alyse Tognotti Omaha Neb

SEC chief outlines reform after Madoff crisis

SEC Chair Mary Schapiro told the House panel the agency is revamping itself after the Bernard Madoff scandal and the financial crisis. Proposals include restricting short selling in down markets, tougher mutual fund oversight, tighter adviser scrutiny, and easier shareholder director access.

Washington House Securities and Exchange Commission Bernard Madoff SEC Mary Schapiro Financial Services Subcommittee On Capital Markets

Ginsberg Will Turn Downtown Retailer With Homelike Market

The Ginsbergs plan a Market Place store designed to feel homelike and showcase extended bridal rings. Groundbreaking is set for 4 p.m. July 21 by Aspect Architecture and Hunter Cos. of Cedar Rapids. four spaces remain open. The family history spans Sedalia and Cedar Rapids with regional stores.

Steve Ginsberg Ginsbergs Market Place Aspect Architecture Hunter Cos Cedar Rapids Craig Byers NAI Iowa Realty Ginsberg Steve Leavenworth Kan Kansas City Sedalia Herman Rozen Paris Ginsberg Jewelers Okinow’s Second Ave. SE Iowa City West Des Moines Westdale Mall

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