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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

May 30, 2020

Page

10

Eastern Iowa Stocks Report Snapshot

Readable stock table from Eastern Iowa market showing Ingredion trading at 84.23 with a 0.20 rise, Midwane at 19.19 down 0.36, PrinFinel at 38.62 down 1.62, Prod tGam at 115.92 down 0.14, RayTech at 64.52 down 2.75, and UFG at 26.83 up 0.77 with minor variations across tickers. The fragmentary data lists yeartland ex 21.90 and other near-term changes.

Yeartland Ingredion Midwane H PrinFinel ProdtGam RayTech UFG

Iowa unveils 26 more weeks of unemployment benefits

Town Workforce Development announced Iowans who used 26 weeks of regular benefits will gain 26 additional weeks through PEUC and State Extended Benefits. PEUC provides 18 weeks funded by the CARES Act, with back pay to March 29 and lasting until December 26. State EB adds 13 weeks based on Iowa’s 13 week rate.

Iowa

Return-to-work bonuses debated in Congress and White House

Debates over a summer return-to-work bonus for the more than 40 million unemployed aim to entice workers back to jobs. Proposals range from $450 weekly for several weeks to as high as $1,200 upon finding employment, with Republicans wary of disincentives and concerns about health risks and equity.

Congress White House Donald Trump United States Rob Portman Rohio Kevin Brady Texas Diane Swank Grant Thornton

CBOE to reopen trading floor with new rules in Chicago

The CBOE Options Exchange will reopen its Chicago trading floor on June 8 after a mid March closure due to the coronavirus. New rules include temperature checks, medical screenings, mandatory face coverings, six foot distancing, capacity limits, and revised operations while offices remain closed.

Chicago Cboe Options Exchange CBOE Exchange New York Stock Exchange

Airlines hold $29 billion in federal loans unused

U S airlines have not drawn from a $29 billion Treasury pandemic relief pool, awaiting demand revival and easing government conditions. American Airlines is the only major carrier to plan tapping funds, while Southwest United and Delta will decide after the summer travel period amid an uncertain recovery and potential future waves. The program serves as backstop finance with restrictions on executive pay and possible government equity stakes.

U.S Treasury Department American Airlines Southwest Airlines United Delta Air Lines Helane Becker Cowen and Co New York US Airlines Lions In Capital Becker

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