EPA proposes modest rise in biofuel targets for next year
The EPA calls for 18.8 billion gallons of biofuels to be blended in 2017, up 4 percent from 18.1 billion this year, with 14.8 billion for conventional biofuels led by ethanol. The proposal, smaller than farm and biofuel industry requests, faces oil industry opposition and falls short of the 24 billion gallon goal set by the 2007 law. The plan aims to revive the stalled renewable fuel program amid ongoing lobbying.
MENTIONED IN THIS ARTICLE
Washington
U.S
Environmental Protection Agency
Archer Daniels Midland
Poet
United States
EPA
Overtime rule expands pay for 4.2 million workers
The Obama administration unveiled final overtime rules raising the salaried threshold from 23660 to 47476 and requiring updates every three years. Dec 1 start. Officials estimate 12 billion in higher wages over a decade while some workers gain time back. Biden said over 4 million will be paid more or regain family time. Beneficiaries include nonprofits, retailers, hotels, and restaurants. critics warn of reduced wages and hours and slower hiring.
MENTIONED IN THIS ARTICLE
Obama
U.S
Joe Biden
Local entrepreneur builds Little Sports Program for ages three to five
Eichhorn Recreation LLC founder Eichhorn creates a Cedar Rapids area program teaching basic sports to 3 to 5 year olds. Sessions use age appropriate equipment with a 1-to-6 ratio and include basketball soccer tennis and more with short drills and story based start. He aims to expand to volleyball and golf.
MENTIONED IN THIS ARTICLE
Ed Eichhorn Long
Eichhorn
Belle Plaine
Sauk Prairie
Wis
Iowa
Eichhorns
Cedar Rapids
Eichhorn Recreation LLC
Ticipants
Eichhorn Recreation founder builds family friendly camps
Jed Eichhorn owner of Eichhorn Recreation LLC visited St. Matthew ECC in 2018 to offer summer camps and programs. The initiative grew to over a dozen preschool and day care locations while focusing on daytime programming to maximize family time. He also runs community programs with Cedar Rapids Public Library and NewBo City Market.
MENTIONED IN THIS ARTICLE
Sions
St. Matthew Ecc
Eichhorn
Fed minutes show hawkish tilt toward June rate rise
The April 26-27 FOMC minutes indicate a June rate increase is likely if growth and labor markets strengthen and inflation nears 2 percent. Officials were divided on timing, with many maintaining flexibility. markets saw a hawkish tone and possible June hike, contingent on data.
MENTIONED IN THIS ARTICLE
Federal Reserve
Federal Open Market Committee
Washington
Tony Bedikian
Global Markets
Citizens Bank
Boston
Fed
U.K
European Union
China
Boston Fed
Eric Rosengren
San Francisco
Janet Yellen
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