Wall Street Falls as Global Slowdown Foreshadows Trouble
Markets slid across all major indexes as signs of slowing economies in China and the United States unsettled investors. The Dow dropped 268.22 points to 9,870.30, the S P 500 fell 33.33 to 1,041.24, and the Nasdaq declined 85.47 to 2,135.18. The House rejected unemployment-benefits extension, phasing out aid for over 200,000 weekly, including 1500 to 2000 Iowans, with more than 1 million long-term unemployed losing support.
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China
United States
Standard & Poor
S&p
House
House Democrats
House votes to extend credit for homebuyers
The House approved an extension allowing homebuyers with signed agreements by April 30 to close by September 30 to qualify for tax credits up to 8000 dollars. The extension applies only to those buyers and aims to boost purchases amid shifting policy. Hulu launches a 9.99 per month paid tier called Hulu Plus offering current season and back episodes across ABC Fox and NBC shows.
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Hulu
Hulu Plus
The
Office
House
ABC
Fox
NBC
Apple Inc
Eastern Iowa Airport seeks low-fare carrier judge community needs
New airport director Tim Bradshaw aims to meet Cedar Rapids business leaders to gauge what it will take to attract a low-cost airline. He notes carriers may demand subsidies and that community will drive decisions, with Frontier and Milwaukee hub links explored as potential options. He emphasizes maintaining service levels amid mergers and leakage to Moline while working with marketing chief Pam Hinman to target key destinations.
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Gazette
Cedar Rapids
Eastern
Iowa
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Bradshaw
Frontier Airlines
Denver
Milwaukee
Frontier
Boston
New York
United
Continental
Pam Hinman
Dan Mann
Columbia
S.C
Man sues Walmart over medical marijuana firing in Michigan
Joseph Casias, a Battle Creek Walmart employee with an inoperable brain tumor and cancer, claims he was unlawfully fired after testing positive for medical marijuana. The suit seeks to test Michigan protections while noting federal law remains unchanged. Casias says the drug was prescribed by his oncologist and did not affect his work performance.
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Walmart
Michigan
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Battle Creek
Casias
Scott Michelman
The
American Civil Liberties Union
Calhoun County
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Obama
Oregon Supreme Court
Montana
California
ACLU
Justice Hall
Mich
Kirkwood amphitheater to be culinary teaching tool
The Hotel at Kirkwood Center in Cedar Rapids will house an amphitheater serving as classroom studio and gourmet kitchen. It will seat over 100 with cable and Internet broadcasts and feature four video cameras and five large LCD monitors for multiple viewing angles. Planned guest chefs include Paolo Monti as the program aims to expand culinary demonstrations and wine tastings for students and the public.
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George C. Ford
Gazette
Cedar Rapids
Kirkwood Center
Mary Jane German
Kirkwood Community College
Hospitality Arts
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Iowa
Kirkwood
Ag Science Department
Wesley Reynolds
OPN Architects
Chicago
Reynolds
Paolo Monti
Italy
North America
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