Oil prices rise as demand concerns loom over June
Oil finishes higher above 62 dollars a barrel in New York after the IEA warns OPEC must boost output to meet a projected 1.6 million barrel a day rise in June demand for oil products. Analysts cite tight gasoline supplies and refinery outages as drivers behind the move.
MENTIONED IN THIS ARTICLE
New York
International Energy Agency
Tim Evans
Citigroup Global Markets
IEA
Organization of Petroleum Exporting Countries
OPEC
New York Mercantile Exchange
United States
ISU study questions effectiveness of sow crates
Researchers from Iowa State University report that free moving pigs in hoop barns perform at least as well as those in narrow gestation crates. The study suggests no clear advantage to crates, fueling debate among animal welfare groups and industry stakeholders.
MENTIONED IN THIS ARTICLE
AMES
Iowa State University
Peter Lammers
ISU
IFP Group Expands in Cedar Rapids Headquarters Growth
IFP Group of Companies begins a five phase expansion at its northeast Cedar Rapids base adding over 4 800 square feet and a fully mechanized parts retrieval system. The project aims to boost space efficiency and staff while Cedar Rapids supports other offices including engineering and IT. The company plans a Minneapolis area facility and has offices in Olathe and Wichita Kansas.
MENTIONED IN THIS ARTICLE
The
Gazette
Cedar Rapids
IFP Group
United States
Don
Kaas
Olathe
Kan
Wichita
Minneapolis
Minnesota
Kansas
Blairs Ferry Rd
Jim Kaas
Renew Rural Iowa workshop aims to boost rural businesses
A Renew Rural Iowa seminar at Riverside Casino, sponsored by the Iowa Farm Bureau, helps entrepreneurs develop or expand interstate commerce. Day one covers equity, IP, finance, banking, marketing, and resources. day two features Curt Nelson on five key areas of building a successful business.
MENTIONED IN THIS ARTICLE
Renew
Iowa
Riverside Casino
The
Iowa Farm Bureau
Curt Nelson
Entrepreneurial Development Center of
Consumers tighten belts as fuel prices rise in April
U S consumers cut back on clothes, cars and other items as gasoline costs surged. Retail sales fell 0.2 percent in April, the first drop in seven months, while wholesale prices jumped 0.7 percent led by another rise in gasoline. Analysts warn of a double whammy for the economy and possible recession if prices stay high. Residents report sharp gas expenses and seek cheaper ways to entertain at home. Growth in the first quarter slowed to 1.3 percent, the softest pace in four years.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Labor Department
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