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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 01, 2008
Page
15
The Dow Jones dropped 315.79 points to 12,266.39 a 2.51 percent decline. The S&P 500 fell 37.05 points to 1,330.63, down 2.71 percent, and the Nasdaq declined 60.09 points to 2,271.48, down 2.58 percent.
Alcoa Inc. said it completed the sale of its packaging and consumer businesses to Bank Group Ltd of New Zealand for 2.7 billion dollars in cash. The deal reflects modest profits from the segment which contributed 11 percent of 2007 revenue and 4.6 percent of after tax operating income. The sale includes closure systems, flexible packaging and Reynolds Wrap.
United Airlines faced an automated check in outage on Leap Day causing long lines at counters. The Chicago based carrier cited software issues tied to the leap year and said boarding passes could not be printed for several hours. No flights were delayed due to the problem.
Six members of the Congressional Black Caucus led by Barack Obama demanded an explanation from Agriculture Secretary Ed Schafer after USDA blocked a government audit this week. The lawmakers called the move a pattern of obstructing congressional efforts to address decades of discrimination against African American farmers.
A random survey shows current gas prices in the Corridor as of yesterday afternoon. Prices are rounded up to the nearest cent.
The Pentagon chose Northrop Grumman with its KC-30 tanker, a $35 billion program to replace aging U.S. Air Force refueling aircraft. Rockwell Collins, a Boeing partner on the project, will see reduced work though it will supply avionics components and radio gear.
Construction to begin this month on a 113 500 square foot University Hygienic Laboratory at Oakdale on the University of Iowa campus. The 37.75 million project replaces Oakdale Hall and will house about 280 workers, addressing disease outbreaks homeland security and environmental monitoring.
OPN Architects designed the building for the Net University Hygienic Laboratory using LEED Green Building Rating System. LEED covers five design categories and designations include certified silver gold and platinum. The lab aims for silver and highlights the designation for its environmental health role for the state.
CarMax offers tips to extend battery life. Check tightness and corrosion on terminals, keep them clean, secure the battery, and suspect loose fittings. Maintain fluid levels if not maintenance free, clean the case with baking soda solution, and replace with correct size. Disconnect negative cable first when replacing. Do not charge a frozen or dead battery with the alternator and avoid overheating. Never disconnect cables with engine running or lean over the battery during charging. Don’t fully discharge the battery as it harms lead cells.
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