Oxford fiber project to upgrade with South Slope network
South Slope Cooperative Communications will install a fiber network in Oxford starting in August within the city and then expand outward. The project uses a $5.4 million USDA Reconnect Program grant and loan, half grant and half low interest loan, to replace copper with fiber optic lines for higher broadband capacity. CEO Chuck Deisbeck says the upgrade aims to close the connectivity gap amid remote work and streaming growth.
MENTIONED IN THIS ARTICLE
North Liberty
U.S. Department of Agriculture
South Slope
Chuck Deisbeck
Lumber makers see DIY remodel rebound amid price swings
Lumber producers Resolute Forest Products and West Fraser Timber forecast a DIY home renovation revival as prices stabilize after record swings. Disruptions from wildfires in Canada and production curbs in Ontario and British Columbia straggle demand, even as overall housing construction remains robust and demand for pulp and cardboard climbs with e commerce.
MENTIONED IN THIS ARTICLE
Remi Lalonde
Montreal
Resolute Forest Products
Resolute
West Fraser Timber
Canada
Ontario
West Fraser
British Columbia
SBA to let small PPP borrowers seek loan forgiveness online
The SBA will start Aug 4 offering direct forgiveness for PPP loans of 150000 or less via a government portal, removing private lenders from the process. The change aims to wind down the program, which distributed about 806 billion to millions from 2020 to 2021, and ease concerns on debt forgiveness for sole proprietors and microbusinesses.
MENTIONED IN THIS ARTICLE
The
Small Business Administration
SBA
PPP
Patrick Kelley
Office of
Capital Access
Consumer Bankers Association
Enders
Richard Hunt
Wall Street slides as Amazon disappointment weighs on indexes
US stock indexes fell on Friday with the S&P 500 down 0.5 percent to 4395.26 and the Dow off 149 points while Amazon.com led losses after quarterly sales growth missed expectations. Pinterest also declined as users grew slower, amid a week of mixed earnings and forecasts.
MENTIONED IN THIS ARTICLE
Amazon.com
Amazon
Wall Street
Pinterest
S&p 500
FactSet
Also Mentioned on This Page
Oxford
North Liberty-based
John Steppe
the Gazette
John
Steppe
Thegazette
Bloomberg News
New York Stock Exchange
Associated Press
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