Wall Street closes modestly higher after Fed keeps rates
The Federal Reserve held the federal funds rate at 2 percent after a two day meeting and issued a mixed economy assessment. The Dow rose 4.40 points to 11811.83, the S P 500 gained 7.68 to 1821.97, and the Nasdaq increased 32.98 to 2401.26. Hills Bank temporarily relocated its flood damaged Iowa City location to 1210 S Gilbert St opening July 7 with hours 9 to 5:30 weekdays and 9 to noon Saturdays.
MENTIONED IN THIS ARTICLE
Wall Street
Federal Reserve
Central Bank
Fed
Standard & Poor
General Mills plans price hikes as cereal costs rise
General Mills reports a 17 percent drop in Q4 profit to 185.2 million or 53 cents per share as sales rise 13 percent to 3.47 billion. The Minnesota maker notes higher ingredient costs and hints at further price increases. it operates plants at Edgewood Road SW and Weing Road NE.
MENTIONED IN THIS ARTICLE
General Mills
Wheaties
Strudel
Golden Valley
Edgewood Rd
Weing Rd
Monsanto Co
Williamsburg
Thomson Financial
Gas Price Survey for Corridor Markets
A selective survey of gas prices in the Corridor released yesterday afternoon shows local stations rounding prices to the nearest cent. The report highlights typical regional costs and variations across outlets.
Clipper Windpower workers vote on union representation
About 165 cedar rapids plant employees will decide this weekend on unionizing with Local 204 ibew. the petition filed may 20 seeks to represent all full time part time and lead workers across base hub gearbox and finishing operations. the vote marks a new foothold for the ibew in wind turbine manufacturing.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Cedar Rapids
Clipper Windpower
International Brotherhood of Electrical Workers
Bob Chester
National Labor Relations Board
Minneapolis
Chester
Aquila Gas
Duane Arnold Energy Center
Alliant Energy
Dave George
Ity
George
Carpinteria
Calif
Kevin Rawson
Rawson
Clipper
Iowa DNR coordinates with EPA and National Guard on flood hazardous waste
The Iowa DNR with EPA Region 7 and the 71st Civil Support Team will locate and remove orphan drums and fuel tanks from flood areas in Cedar Rapids and surrounding counties. Tanks from Time Check area and Clark station may have leaked. soil samples are taken. About 40 contractors assist with household hazardous waste collection. residents should separate waste from debris. Call DNR spill line at (515) 281 8694 for tank or drum discoveries.
MENTIONED IN THIS ARTICLE
Gazette de Iowa Department of Natural Resources
Environmental Protection Agency Region 7
National Guard 71St Civil Support Team
Cedar Rapids
Clark Station
E Ave. NW
L Street
Amanda Proctor
Child Care and Learning Center
EPA
71St Civil Support Team
Iowa Army
Air National Guard
Iowa City
Butler
Bremer
DNR
Two Cedar Rapids Firms Hit by Floods After 100th Celebrations
Cedar Rapids losses struck Terry-Durin Co and Norwood Souvenir on June 12 as floodwaters inundated their plants less than two months after both marked their 100th anniversaries. Terry-Durin rushed to move operations to new sites. Norwood salvaged equipment and shifted output to Minnesota locations.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Cedar Rapids
Terry-Durin Co
Seventh Ave
Midwest
George Durin
Terry-Durin
Hiawatha
Cal
Durin
Norwood Souvenir
F Ave
Cedar River
Red Wing
Minn
Norwood
Sleepy Eye
Flying Wienie Reopens After Flood Amid Steady Lineups
John Martin co owner of The Flying Wienie in southwest Cedar Rapids discusses steady customer flow since the restaurant reopened Tuesday after flooding. Jeff King a Penford Products Co. employee waits for his order as patrons note the speedy restart and lingering surprise at the early reopening.
MENTIONED IN THIS ARTICLE
John Martin
Cedar Rapids
Jeff King
Penford Products Co
Martin
Flying Wienie Reopens After Flood Cleanup Aid
Cedar Rapids restaurant Flying Wienie at 103 Eighth Ave SW resumes operations with help from local churches First Assembly of God River of Life and volunteers. Owner John Martin notes minor flood damage, saved main items, and expresses optimism amid community prayers and support.
MENTIONED IN THIS ARTICLE
Cedar Rapids
John Martin
Denise
Eighth Ave
Cedar River
Martin
First Assembly of God
River of Life
Also Mentioned on This Page
Monsanto
First Ave
15Th St
Williams Boulevard
Casey
Manoa
David.dewitte
Gazcomm.com
Jonathan D. Woods
the Gazette
Fourth Avenue
Iowa
Anhen Sehmidt
C.R
George G. Ford
George.ford
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