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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 22, 2008

Page

16

Wall Street Dip After Oil Gains as Market Rallies Recede

Wall Street fell modestly as oil priced up to 131.04 per barrel, prompting profit taking after a strong rally. The Dow declined 29.23 to 11,467.34, the S P 500 slid 0.68 to 1,260.00, and the Nasdaq dropped 3.25 to 2,279.53. Jean Robillard joins Iowa Business Council, representing UI Hospitals and Clinics.

Wall Street New York Mercantile Exchange Standard & Poor Jean Robillard University of Iowa Iowa Business Council Robillard The Regent Iowa

Flooded Westside Maid-Rite Reopens After Remodel

Westside Maid-Rite at 621 First Ave SW will open at 10 a.m. after last minute construction delays from June flood. Owner Jim Henson said the gutted 1935 site passed Health Department inspection Monday and will resume service today.

Westside Maid-Rite First Ave Jim Henson Health Department

Treasury Bills Fall in Rates in Monday Auction

The Treasury sold 24 billion dollars of three month bills at a discount rate of 1.520 percent, down from 1.610 percent, and 23 billion dollars of six month bills at 1.920 percent, down from 1.955 percent. A 10000 dollar three month bill sold for 9961.58 and a six month bill for 9902.93, reflecting prices below face value.

Treasury Treasury Department

Gas Price Survey in the Corridor for Yesterday

A selective survey of gas prices in the Corridor shows prices rounded to the nearest cent as of yesterday afternoon with a low price today recorded at 3.20 dollars in 2007 terms.

Steam system collapse will hike Cedar Rapids energy costs

About 200 customers on Alliant Energy's downtown steam system face rate increases of three to six times current levels after the Sixth Street Generating Station flood. Hospitals colleges and businesses warn higher annual costs exceed millions while temporary natural gas package boilers replace coal-fired steam. Regulators note no price controls and customers seek new contracts or alternate heating options ahead of winter.

Dave DeWitte Gazette Cedar Rapids Sixth Street Alliant Energy Allianz St. Luke’s Hospital Mike Easley Coe College Rod Pritchard Crowne Plaza Five Seasons Dave Hockenberry Alliant Ryan Stensland Stensland Iowa Utilities Coe Pritchard St. Luke’s Easley Hockenberry St. Paul’s United Methodist Church Church Board of Trustees Bill Pepper Pepper David.dewitte Gazcomm.com

Green mold cleaner touts eco friendly edge in Cedar Rapids

Cedar Rapids reports mold from last month's flooding spurs interest in SportCLEAN from US Biologics. Avon Lake based firm says its enzyme coconut oil solution penetrates fibrous materials to digest mold roots, unlike chlorine bleach which can release gases and leave mold to regrow.

Nick Martello US Biologics Avon Lake Ohio Sportclean Cedar Rapids Rick Sampson Do It Best Hardware Edgewood Martello Ford le Gazette Edar Martella

Flood recovery funds distribute over quarter million in Iowa

Cedar Rapids area fund has distributed 228 500 to 10 businesses including a child care center and a retailer. Coralville and Iowa City loans total nearly 38 000 to 10 businesses. Programs offer base grants up to 15 000 or loans up to 5 000 for uninsured flood costs.

Cedar Rapids Cedar River Coralville Iowa City Nancy Quellhorst Iowa City Area Quellhorst FEMA

Beware of seminars scams targeting workers at companies

Regulators warn HR professionals to vet financial speakers at in house seminars after cases like an ExxonMobil Baton Rouge incident where workers were pressured into early retirement with misleading pension payouts. FINRA urges checks of credentials and pre review of materials.

Mployers Financial Industry Regulatory Authority ExxonMobil Corp.po Baton Rouge David McFadden Exxon America Sharon Burns International Foundation of Employee Benefit Plans Brookfield Wis FINRA U.S Burns Finra.org

Also Mentioned on This Page

UI Hospitals’ Robillard Business Council Westside 1St Av 15Th St Williams Boulevard Dubuque & Market Streets First Avenue Cliff Jette the Gazette
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