Stocks climb near records as Fed holds rates
The Dow gains 74.58 to 7303.46 and advances outnumber declines 4 to 3 on the NYSE as technology and financial shares lift markets. Eastern Iowa stocks rise with GE up 1 percent and Kodak, HON, Raytheon edging higher amid broader index strength.
MENTIONED IN THIS ARTICLE
Federal Reserve
New York Stock Exchange
Iowa
General Electric
Eastman Kodak
HON Industries
Raytheon
United Fire & Casualty
Pveraew
ED Corp
American Stock Exchange
Hasbro
Intel
Cisco
DOW Jones
Amex
Ind
Biotech
Transpl
Telecom
Utilities
Transport
Wilshire
Wilshire Associates Equity
Associated Press
Paxson to buy Cedar Rapids TV station KTVC Channel 48
Paxson Communications Corp. announced it will acquire KTVC Channel 48 in Cedar Rapids from Fant Broadcasting. The sale, pending FCC approval, involves a local marketing agreement with Fant with terms undisclosed. KTVC plans infomercials and paid programming before adding mainstream network content.
MENTIONED IN THIS ARTICLE
Federal Communications Commission
Seth Grossman
Paxson
Fant
Charles Rountree
KTVC
Cedar Rapids
General Motors
Car
Retailer rejects Destroy apparel sparks backlash
In Indianapolis AP reports Galyan's Trading Co pulled full Senate line of skatewear after a slogan reading Destroy all girls sparked complaints. Senate's Arlo Eisenberg said the tag was misinterpreted and not meant literally. Senate sold about $10 million in goods last year aimed at teenage skaters.
MENTIONED IN THIS ARTICLE
Chris Wiggins
Senate
Litzmark
Carmel
Ind
Galvan’s Trading Co
the Limited Inc
Indianapolis
Galyan’s Trading Co
Huntington Beach
Calif
Arlo Eisenberg
Great Lakes Aviation chief blames FAA on reports of faults
Great Lakes Aviation president Doug Voss says FAA reports about bad plane inspections at Fargo are inconsistent and the agency has left the carrier in the dark. He notes four of 54 turboprops reinspected and ready, while workers face layoffs and the airline remains grounded. The Transportation Department briefing cites untrained Fargo mechanics performing unqualified maintenance.
MENTIONED IN THIS ARTICLE
Doug Voss
Great Lakes Aviation
Spencer
Federal Aviation Administration
United Express
Midway Connection
FAA
Gayle Voss
Great Lakes
Voss
Bloomington
Minn
Department of Transportation
Fargo
Mobile home near hog lot sparks regulatory clash in Iowa
Opponents of a 2,700 head hog operation south of Millersburg placed a mobile home near the site arguing it violated buffer laws. The DNR denied the permit but the Environmental Protection Commission reversed, ruling the mobile home not a permanent residence due to limited utilities. Neighbors consider further legal options.
MENTIONED IN THIS ARTICLE
Associated Press and Gazette
Iowa County
Millersburg
Iowa Department of Natural Resources
Maple Grove
DNR
Environmental Protection Commission
Rozanne King
John Williams
Kalona
Interstate hog manure pipeline shocks Iowa officials
Missouri pig farm Premium Standard Farms uses a pipe to pump liquid hog manure into southern Wayne County Iowa where it is applied to fields. Officials say state cannot block interstate waste flow and face legal questions on regulating cross border disposal. Attorney General Miller and NDR spokesman Stokes warn of legal and political implications.
MENTIONED IN THIS ARTICLE
Des Moines
Missouri
Iowa
Department of Natural Resources
Allan Stokes
Tom Miller
Wayne County
Miller
Stokes
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Great Western Financial Corp
H.F. Ahmanson & Co
Great Western
Washington Mutual Inc
Herbert W. Hoover Jr
Hoover
North Canton
Ohio
The
Hoover Co
Newton
Maytag Corp
Grace
U.S
Consumer Product Safety Commission
Grace Children’s Products Inc
Cnet Bulg
C.R
Florida Company
Ktvc-Tv
By Rebecca Lindwall
Grossman
Warner Brothers
United Paramount Network
Palen
Walker
TCI
Supreme Court
Debora Blume
Galyan
Minnesota
Joan Hurley
Plainfield, Ind
Galvan’s
Hurley
Eisenberg
N.D
Washington
Congressional Affairs Office
Les Marquart
Skogman
Securities P
Frontier Investment Services
Ffutures.com
Van
Advisors Group, Inc
River Riple Drive
Cedar Rapips
EPA
Williams
Eldon McAfee
JM Best, Inc
Joecotchen