Wall Street slides on debt worries extends decline
Stocks extended their retreat as investors remained wary of European debt burdens. The Dow dropped 59.94 to 10,866.83 after fluctuating, the S&P 500 fell 9.42 to 1,164.18, and the Nasdaq slipped 24.14 to 2,400.11.
MENTIONED IN THIS ARTICLE
Standard & Poor
Bank of the West to break ground for Coralville branch
Bank of the West will break ground at 1 p.m. Monday for a new Coralville branch at 800 22nd Ave. The Hy-Vee in-store branch at 1914 Eighth St will close. The facility will have three tellers, a drive-up ATM, and a night deposit box. Completion is set for the third quarter with about four employees transferring from the Hy-Vee location.
MENTIONED IN THIS ARTICLE
Bank of the West
Coralville
22Nd Ave
Eighth St
Bob Wolff
Freddie Mac seeks 10.6 Billion in Federal Aid After Loss
Freddie Mac, based in McLean Virginia, seeks 10.6 billion dollars in additional federal aid after posting an 8 billion dollar loss for January through March. The company states the total rescue cost now stands at 61.3 billion dollars. The first quarter drop includes 2.45 dollars per share and factors in 1.3 billion dollars paid as dividends to the Treasury.
MENTIONED IN THIS ARTICLE
Freddie Mac
McLean
Treasury Department
Bank of America Enables 19.4 Billion in SME Loans
Bank of America reported 19.4 billion dollars in loans to small and medium sized businesses in Q1, up nearly 3 billion from a year earlier. The bank plans 86.4 billion in SME lending for the year, about 5 billion more than 2009.
MENTIONED IN THIS ARTICLE
Bank of America
Bank of America Corp
Oil settles below 80 as dollar strengthens and supplies rise
Oil prices fell below 80 dollars a barrel as the dollar gained strength and a government report showed crude inventories rose more than forecast. Benchmark crude dropped 2.77 to 79.97 on the NIMEX in a second straight day of sharp declines.
MENTIONED IN THIS ARTICLE
New York Mercantile Exchange
Free labor farm network draws volunteers to California
Erik Ramfjord and Andrew Riddle joined World Wide Opportunities on Organic Farms USA to work on an organic ranch in central California for meals and housing. The program links 1200 U S farms with about 9000 members, drawing urban youths and jobseekers seeking rural life and sustainable agriculture.
MENTIONED IN THIS ARTICLE
Bonnie
Erik Ramfjord
Douglas Ranch
Paicines
Calif
Ramfjord
World Wide Opportunities On Organic Farms
Aicines
Andrew Riddle
Oregon
Riddle
Humboldt State University
California
Organic Farms USA
Woofers
U.S
Clark College
Portland
California Conservation Corps
Rumfjord
Gas stations show steady BP sales as Gulf spill prompts few changes
Motorists continue filling at BP stations nationwide with little sign of a gas boycott. A mix of price focus and convenience keeps demand steady despite the Gulf of Mexico spill and comparisons to the Exxon Valdez incident.
MENTIONED IN THIS ARTICLE
Los Angeles
Gulf of Mexico
Edwin Cueva
Louisiana
Jeff Dolch
Baltimore
Gulf Coast
Alaskan
Grassley presses for biodiesel tax credit extension
Sen. Chuck Grassley urges President Obama to push for a long term biodiesel tax credit to save and create jobs. He notes idled plants in Keokuk Washington and Crawfordsville and says about 23,000 biodiesel workers could be rehired with a quick renewal.
MENTIONED IN THIS ARTICLE
James Q. Lynch
Des Moines
Chuck Grassley
Barack Obama
Grassley
Iowa
Obama
Keokuk
Washington
Crawfordsville
Brad Albin
Renewable Energy Group
Iowa Renewable Fuels Association
Albin
Ralston
Newton
Maria Cantwell
Senate
House
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