Wall Street rises as consumer price data ease inflation fears
The Labor Department reported April consumer prices up 0.2 percent after March's 0.3 percent gain, easing inflation concerns. The Dow gained 66.20 points to 12,898.38, the S&P 500 rose 5.62 to 1,408.66, and the Nasdaq added 1.58 to 2,496.70. Deere & Co posted second quarter profit up 22 percent to 763.5 million on 8.1 billion sales, but warned higher steel costs may trim earnings. stock fell nearly 10 percent.
MENTIONED IN THIS ARTICLE
Wall Street
Labor Department
Dow
Standard & Poor
Deere
Mediacom Boosts Online Max Speeds for Iowa Customers
Mediacom Communications announced faster download speeds for its Mediacom Online Max Internet service to 20 megabytes per second and upload up to 2 megabytes per second. The upgrade, serving a large portion of Iowa, takes effect by end of June at no extra cost. Four access plans range from 19.95 to 59.95 dollars monthly.
MENTIONED IN THIS ARTICLE
Mediacom Communications
Mediacom
Iowa
GE plans auction of appliance unit to exit business
GE to auction its appliances division in a move likely to end involvement in white goods. Goldman Sachs leads the sale, with an estimated price range of 5 to 8 billion dollars, reflecting the unit's roughly four percent share of GE revenue last year.
MENTIONED IN THIS ARTICLE
General Electric Co
Wall Street Journal
Goldman Sachs Group
Gas prices survey in Cedar Rapids and surrounding areas
A selective survey of Corridor gas prices as of yesterday afternoon shows unleaded regular rates at Road Ranger 3.63, 1st Av and 15th St NE Cedar Rapids 3.61, Williams Blvd SW Cedar Rapids 3.51, Casey’s in Dubuque and Market streets Iowa City 3.75 to 3.65, and 3.80 in Coralville. The note records prices rounded to the nearest cent with a low price listed as 3.04 in 2007.
MENTIONED IN THIS ARTICLE
1St Av
15Th St
Cedar Rapids
Williams Boulevard
Casey's
Dubuque & Market Streets
Iowa City
First Avenue
Coralville
DuPont Danisco form $140 million cellulosic ethanol venture
DuPont and Genencor announced a $140 million joint venture to develop and commercialize cellulosic ethanol from non food sources. The plan includes a pilot facility by 2009 and a commercial scale demonstration by 2012, with initial fuel from corn leaves stalks and sugarcane bagasse.
MENTIONED IN THIS ARTICLE
Associated Press
DuPont
Wilmington
Del
DuPont Danisco Cellulosic Ethanol LLC
Bush
Overhead Door Embraces Recycling in Cedar Rapids
At Overhead Door Co of Cedar Rapids Iowa City Scott Wennermark tosses old aluminum panels into a recycling bin. General manager Fauchier leads a five year company wide program to recycle office waste cardboard and metal springs. The Iowa Waste Exchange matches waste producers with buyers to cut disposal costs and protect the environment.
MENTIONED IN THIS ARTICLE
Mark Tade
the Gazette
Scott Wennermark
Overhead Door Co
Cedar Rapids
Cindy Hadish
Fauchier
Iowa City
Deric Powell
Linn County
Stacie Johnson
IowaWaste Exchange
Dick Slater
Slater
Match.com
Iowa Waste Exchange
Stater
University of Iowa
Iowa Memorial Union
Barb Gartner
House OKs farm bill by veto-proof margin
The House approved a $290 billion farm bill by 318 to 106, signaling bipartisan support and a likely veto override. Iowa delegates backed the measure despite costs, while President Bush criticized subsidies for high income farmers. The bill funds nutrition programs, conservation, and farm subsidies.
MENTIONED IN THIS ARTICLE
E. Michael Myers
Washington
House
Bush
Iowa
Tom Latham
Steve King
Congress
America
Senate
Leonard Boswell
Rona
Boswell
You really can save for retirement
The column urges retirement savings despite many workers lacking a employer plan. It explains IRA options traditional and Roth with limits for 2008 and rules for married vs single filers, plus SEP and Simple IRA options for self employed and a Solo 401k with higher limits.
MENTIONED IN THIS ARTICLE
Nonpartisan
Retirement Security Project
Washington
Irahelp.com
Also Mentioned on This Page
United States
Charles Holliday Jr
Genencor
Holliday
DuPont Danisco
Archer Daniels Midland
Veronium Corp
BlueFire Ethanol Inc
Cindy
Hadish
Gazcomm.com
Martin Fauchier
Barbara Gartner
Ul Memorial Union
The
Emmva
Aol
McGuire ON
MONEY
Kara McGuire
Minneapolis Star Tribune
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