Summer airfares ease may end as July Fourth nears
Travel experts say cheap flights persist though prices have ticked up slightly on some routes. Fares fell for months as travelers delayed trips, with Memorial Day to Labor Day discounts reported by Travelocity and Bestfares.com. Analysts urge booking now before mid August increases.
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Rick Seaney
FareCompare.com
AirTran
Genevieve Shaw Brown
Travelzoo
Parsons
Stimulus boosts May savings to 15 year high
U S households saved more in May with the savings rate at 6.9 percent, the highest since December 1993 as stimulus payments boosted incomes. Consumer spending rose 0.3 percent while incomes jumped 1.4 percent, aided by temporary factors from the $787 billion package. Economists note the gain helps nest eggs but warn a revival may require stronger spending.
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Dublin City Pub to reopen in new Cedar Rapids riverside venue
Dublin City Pub will reopen by July 4 at 415 First St SE after two downtown Cedar Rapids pubs were destroyed by the June 2008 flood. The revived two level venue merges Grafton Street Pub offerings in a 9,000 square foot 1923 building formerly housing Muddy Waters. The ground floor offers dining Irish pub style while the upper level becomes a sports pub with darts electronic games and a music stage.
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the Gazette
Cedar Rapids
Riverside
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Matt Blake
Third St. SE
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Blake
Qantas halts and delays 30 Boeing 787 orders
Qantas says it canceled 15 of the 787-9 orders and delayed 15 787-8 deliveries by four years amid weaker demand and tight credit. CEO Alan Joyce notes the operating environment has changed since 2005 orders. Boeing and Qantas pause further 787 shipments while remaining a major customer with 50 aircraft still on order.
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Qantas Airways Ltd
Qantas
Alan Joyce
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Boeing
Hauers to Open Gatherings Cafe in BottleWorks Loft
Toni and Tom Hauer plan to open Gatherings cafe in BottleWorks Loft Condominiums at 905 Third St SE serving BottleWorks and Water Tower Place residents. Julia N LeChef will provide food service, replacing an in building kitchen and supporting a long-term business plan.
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Toni Hauer
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Fred Timko
Bottle Works
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