Lightwaves Systems secures venture credits for Cedar Rapids rollout
Cedar Rapids startup Lightwaves Systems wins state tax credits to attract angel investors and fund development of a broadband access product aimed at solving the last mile. The firm, with nine employees, plans outsourced manufacturing and expects R D to create local jobs and economic payoff.
MENTIONED IN THIS ARTICLE
Rie Gazette
Cedar Rapids
Phil Kennedy
Lightwaves
Kennedy
Edar Rapids
Weing Rd
Wall Street Slumps as U.N. Iraq Vote Delayed
Wall Street extended its decline after the United States postponed a vote on its U.N. resolution on Iraq. The Dow fell 44 points to 7524.06 while the Nasdaq slipped to 1271.47. Spiegel Inc. warned of bankruptcy, and Heinz reported lower quarterly earnings amid spinoff charges.
MENTIONED IN THIS ARTICLE
Wall Street
United States
U.N
Iraq
Saddam Hussein
New York Stock Exchange
Spiegel Inc
Eddie Bauer
Newport News
Spiegel
Securities and Exchange Commission
Heinz
Cedar Rapids
Corn and soybean stocks tighten on weak exports
The Gazette reports U.S. ending corn stocks at 1.004 billion bushels up from 929 million, with soybean stocks at 160 million. USDA Outlook forecast suggested 1.2–1.3 billion for corn and 175–200 million for soybeans. Analysts warn higher fuel costs may trim corn plantings this spring. shifts to 15–22 million more acres possible in dry regions. Potential impact on prices and planting decisions noted.
MENTIONED IN THIS ARTICLE
Gazette
U.S
U.S. Department of Agriculture
Terry Roggensack
Hightuwec
Chicago
Usda Outlook
USDA
Greg Grow
R.J. O’brien
Colorado
Nebraska
Grow
Maytag shares tumble after profit warning
Maytag Corp shares drop 13.9 percent after warning it will miss quarterly earnings due to weak demand for home care products. Executives cited February sales decline and earnings about 25 percent below expectations, with analysts noting broader industry shipment slowdowns and cautious consumer sentiment.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Newton -- Maytag Corp
Maytag
Ralph Hake
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