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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 27, 2021
Page
15
A brief stock market ticker shows Alliant at 58.60 down 0.01 and Deere at 355.46 up 0.76 with GenMills and Werner listed with small changes. Trading activity reflects marginal shifts as investors reassess near term catalysts.
Eddie Darwich of EZ Mart in Wilmington sues Colonial Pipeline after a May 12 gas outage tied to a major ransomware hack. The case joins other class actions targeting Colonial, Scripps Health, and broader outages that disrupted fuel, electricity, and services, with potential damages extending beyond data breaches.
Bloomberg News reports Amazon payments team is exploring cryptocurrency payments for orders. A digital currency and blockchain product lead role seeks expertise in blockchain and central bank digital currencies to build a case for new capabilities. Amazon confirms interest while noting no current crypto payment option for customers.
U.S. new home purchases dropped 6.6 percent in June to a 676,000 annual pace, the lowest since April 2020, amid high costs and tight supply. The median price rose 6.1 percent to 361,800, while backlogs eased to 229,000 and homes under construction totaled 289,000, with 353,000 for sale and only 10 percent completed.
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