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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 31, 2011
Page
15
Tele communications firms helped lift a broad market rally after a report showed private employers adding workers. The Dow rose 71.60 to 12,350.61, the S&P advanced 8.82 to 1,328.26, and the Nasdaq climbed 19.90 to 2,776.79.
Google announced Kansas City Kansas as the inaugural site for its Fiber for Communities network. The project promises Internet speeds more than 100 times faster than typical home broadband nationwide as part of the new ultrafast system.
The FTC orders Google to implement a comprehensive consumer privacy program with regular audits for 20 years, a first in federal action. The settlement stems from alleged deception and violations of privacy promises tied to the 2010 Google Buzz launch. Google apologizes in a company blog post for the mistakes.
Business Roundtable members forecast stronger sales with more than half planning increased hiring in the next six months. Over 60 percent expect higher spending on durable goods, based on a survey of 142 executives conducted in early March.
Whirlpool Corp seeks antidumping and countervailing duties after filing a 188 page petition with the Commerce Department and ITC. The company accuses Samsung Electronics and LG Electronics of dumping bottom-mount models to injure Whirlpool's Middle Amana production while Korea's prices differ from U.S. levels.
Burk Miehe and Ron Klein founded American Pattern & CNC Works in Cedar Falls Industrial Park in 1995. The firm now occupies at least 70 000 square feet across several locations with about 65 employees and serves major clients like John Deere Caterpillar Toro Case IH New Holland Bobcat and Tenneco. The company offers end to end pattern tooling from concept design to finished machined castings and can turn around prototype castings in days aided by CNC tools and cold jet cleaning.
The Tax Foundation notes Americans must work 102 days to pay total tax bills in 2011 up from 99 in 2010. Tax Freedom Day falls April 12 nationally, with Mississippi earliest March 26 and Connecticut latest May 2. Taxable activity excludes the federal deficit. deficits would push to May 23.
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