Stocks rise on strong GDP data and easing oil prices
Stocks closed higher as a better than expected gross domestic product reading eased worries about the economy. Investors cheered lower weekly jobless claims and cooling oil, with the Dow up 95.31 at 10,205.20 and the Nasdaq up 8.35 to 1,984.50.
MENTIONED IN THIS ARTICLE
John Lynch
Evergreen Investments
New York Stock Exchange
Youth job prospects improve in Iowa amid expanding economy
Iowa teens face stiffer competition as adults and grads vie for summer work amid a growing economy. Labor analysts note early retirements and tight markets. farms like corn detasseling offer options for 14 and 15 year olds, while employers seek reliable applicants with clean records and references.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Iowa
Ann Wagner
Iowa Workforce Development
Bonnie Sovern
Metro High School
Cedar Rapids
Sovern
Wagner
Hills Bank to relocate downtown Iowa City branch
Hills Bank and Trust Co will move its downtown Iowa City office from 132 East Washington Street into 6000 square feet at the Old Capitol Town Center mall. The relocation to a Talbots space at Clinton and Washington streets is slated to open in the fall, mall manager Kevin Digmann said.
MENTIONED IN THIS ARTICLE
Hills Bank and Trust Co
Iowa City
Old Capitol Town Center
Washington St
Talbots
Clinton and
Washington Streets
Kevin Digmann
Hills Bank
Digmann
Mortgage rates rise edging refinancing slowdown
Mortgage rates on 30 year fixed rose to 6.32 percent up from 6.30 and 15 year fixed to 5.69 up from 5.67. One year adjustable rates fell to 3.87 from 3.99. Points averaged 0.6 for all loan types per Freddie Mac survey.
MENTIONED IN THIS ARTICLE
Freddie Mac
Gas prices push resident to smaller car choice
A resident from Iowa City reports choosing a smaller vehicle after higher gas costs while noting they are a low-mileage commuter. The change reflects how rising prices alter daily travel habits for some workers who must drive to reach their jobs.
MENTIONED IN THIS ARTICLE
Iowa City
EU urges oil producers to burst price bubble
EU Energy Commissioner Loyola de Palacio calls on oil producing nations to raise output to deflate a speculative bubble pushing prices to record levels. She warns continued high prices threaten Europe’s rebound and global recovery, urging OPEC to increase production at the June 3 Beirut meeting.
MENTIONED IN THIS ARTICLE
Brussels
Belgium
European Union
Loyola de Palacio
Europe
de Palacio
Saudi Arabia
OPEC
Organization of Petroleum Exporting Countries
Beirut
Lebanon
Iowa teen workers face permits and age proof rules
The piece notes Iowa teens ages 14 to 15 must obtain a work permit and those 16 or older may need a certificate of age. It highlights employer preferences for applicants with extracurricular activities and potential for training, with resources from Iowa Workforce Development Centers and help with job listings. Contact info for the writer is provided.
MENTIONED IN THIS ARTICLE
Severn
Julie McGraw
Culver
Cedar Rapids
Hiawatha
McGraw
Iowa
Grovert Chevrolet to debut mountain display in Newhall
Grovert Chevrolet opens a new dealership next month featuring a 15 foot high mountain display with a waterfall built by Terrascena Inc. designer Al Mango. The structure, crafted from reinforced concrete and steel, will host four vehicles and include a large illuminated gold Chevrolet bow tie. The display cost ranges from twenty one thousand to forty five thousand dollars and Mango has built similar rock displays for twenty dealerships nationwide.
MENTIONED IN THIS ARTICLE
George C. Ford
Gazette
Grovert Chevrolet
Newhall
al Mango
Terrascona Inc
Lake County
Fla
Marshall Productions
Resorts International Casinos
Universal Studios
Mango
Grovert
Duane Croek
the Gazette
Highway 30
Walt Disney World
Florida
Rockwell Collins picks Wellmark for 23 000 employees health plan
Rockwell Collins selects Wellmark Blue Cross Blue Shield for medical administration and provider network coverage for 23 000 employees and retirees. The deal marks the company's first self managed health plan since 2001 and takes effect January 1 2005.
MENTIONED IN THIS ARTICLE
the Gazette
Cedar Rapids
Rockwell Collins
Wellmark
Blue Cross
Rockwell International
Aetna
Ron Kirchenbauer
Kirchenbauer
Rockwell
Collins
Blue Cross Blue Shield
Wellmark Blue Cross
Blue Shield
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