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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 02, 2007
Page
12
Wall Street rose Friday as a solid May jobs report and a lower inflation read from the Commerce Department boosted confidence. The ISM May manufacturing survey showed expansion, with the Dow up 40.47 to 13,668.11 after hitting 13,692.00, and the Nasdaq gaining 9.40 to 2,613.92.
The government urged consumers to discard toothpaste manufactured in China due to possible diethylene glycol contamination. The FDA has not recorded U S poisonings but found the chemical in a shipment at the border and in two stores in Miami and Puerto Rico.
Greyhound Lines Inc. says a tentative labor contract covering about 3,300 bus drivers and other employees has been reached and would extend the current agreement while Amalgamated Transit Union Local 1700 members vote on ratification. Terms were not disclosed.
SABMiller PLC Americas chief Norman Adams says a potential tie up with Molson Coors could yield cost efficiencies as the brewer seeks to improve U S operations. He declined to comment on specifics but praised Molson Coors portfolio and management.
A random survey shows gas prices in Conider as of yesterday afternoon with prices rounded to the nearest cent. The item notes typical regional fluctuations and highlights small differences between stations.
The Iowa Insurance Division seeks a 10000 penalty against Jesse Dylan host of The Good Life Show for misrepresenting Luminar Media invest ments to Cedar Rapids area investors Dennis Walters and Michael Karal. The cease and desist targets Dylan and Luminar Media Corp. and notes Walters invested 112500 and Karal 15000 after being told of an IPO price and stock conversion details.
Marlene Lucas Ham, honoring Gary Ham and his parents, dedicates a 10 acre marsh and 44 surrounding acres as a public preserve. Gary Ham, 57, recalls his father John buried May 18 and his mother Maxine dying shortly after. The site, a cherished 14 acre sedge meadow, has been part of the Ham family's life since 1959.
The Ham Marsh will be dedicated at 10 a.m. today with a botanished walk through the marsh and sedge meadow. The site lies on Indiana Avenue south of 170th Street, about five miles northwest of Independence. Gary recalls his grandfather living nearby before 1963 when his family moved there. The marsh attracted many ducks geese and mud hens and inspired memories of frogs lizards and croaking muskrats.
John Brown of the Business Enterprise Institute urges owners to start five to seven years before retirement. Five steps include setting objectives, naming a coordinator, obtaining a professional appraisal, boosting cash flow, and forming a management team to ensure a smooth ownership transfer. Don’t delay planning.
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