Iowa gas prices rise 18.5 percent in June
Iowa residents paid an average 2.56 per gallon for self-serve regular with 10 percent ethanol on June 15, up 40 cents from May 15. Diesel and heating fuel also rose, while natural gas and propane fell slightly. prices likely to fluctuate through summer per state official.
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Pedicab venture sprouts in Iowa City crowds
The Patels launch a green pedicab service in downtown Iowa City targeting students without cars. They operate from the pedestrian mall and clubs, offering a pay whatever you think is fair model. Ads on cabs and seasonal shutdowns after early football games aim to boost income amid long hours and friendly riders.
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Koenigsegg-led bid rescues Saab from GM collapse
Saab Automobile, GM's Swedish unit, is saved by a consortium led by Koenigsegg Automotive AB. The deal includes a potential 600 million euro funding from the European Investment Bank, backed by the Swedish government, with GM and Koenigsegg providing additional support. GM executives say the move marks a reinvention of GM's European operations and vehicle prospects for Saab.
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