Iowa economy rated below average in Development Report Card
The Development Report Card for the States gives Iowa a D in economic vitality for the third straight year. Iowa ranks last in new company formation and low in growth of the traded sector, while Milken Institute places Iowa at 38th in readiness for a new information economy.
MENTIONED IN THIS ARTICLE
Iowa
Milken Institute New Economic Index
Iowa Department of Economic Development
Phil Thomas
Wall Street Holds Cautious Tone as Dow Dips
U S stock indexes drifted with the Dow down 36.75 to 9 554.37 while the Nasdaq rose 2.45 to 1837.53. Volume reached 1.74 billion shares as investors await clear signs of real economic improvement. Local movers include Genencor and Nash Finch advances, U S Cellular and Toyota declines, with Famous Footwear expanding in Heartland Plaza. Lands End reports strong quarterly earnings and Progress Lighting recalls 10 600 fluorescent lights over fire risk. no injuries reported.
MENTIONED IN THIS ARTICLE
Wall Street
New York Stock Exchange
Genencor
Nash Finch
AEGON
U.S. Cellular
Toyota
Wal-Mart
South Carolina
Progress Lighting
Spartanburg
Consumer Product Safety Commission
Genencor and P&G sign $600 million five year pact
Genencor International and Procter & Gamble sign a five year agreement to supply protease enzymes for laundry and dish detergents. The contract, worth about 600 million over its life, expands a nearly 20 year partnership and positions Genencor as a leading biotechnology supplier.
MENTIONED IN THIS ARTICLE
Genencor
Biotechnology
W. Thomas Mitchell
Tom Pekrich
Procter & Gamble
Cedar Rapids
Maytag Amana union talks resume after eight weeks
Negotiations between Maytag and Machinists Local 1526 at Amana Refrigeration Products restart with a Federal Mediation Service presence. The union seeks improved pay and benefits while Maytag offered increases totaling 1.47 per hour over three years and higher health insurance costs for workers.
MENTIONED IN THIS ARTICLE
Amana
Maytag
Federal Mediation & Conciliation Service
Ed Miller
Machinists Local 1526
Miller
U S Productivity Rises in Third Quarter Amid Hour Cuts
The Labor Department says output per hour rose 2.7 percent in Q3, while total hours worked fell by 3.6 percent as businesses cut payrolls to cope with weak demand. The drop in hours was the largest since 1991, marking a sharp productivity gain.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
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Colorado
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Minnesota
Thomas
David DeWitte
Davidd
Corporation For Enterprise Development
Famous Footwear
Coralville
Heartland Plaza
Mark Abels
Long Grove
Elissa Frederick
Lands’ End
Dodgeville
Wis
Djia
Sabena
Brussels
P&g
George C. Ford
Carlo Soave
Vice Press
George Ford
Georgef
Collins Community Credit Union
Benton
Buchanan
Cedar
Delaware
Johnson, Jones
Iowa & Linn
Collinscn.org
42Nd St. NE
Poe Axry Reed
14Th Ave
Marion Branch
45Th St
45Th St. NE
NCUA
Amana Union
Commercial Federal. Bank
FDIC
Williams Blvd
First Avenue
Cn Avenue
Marion
Van
Edgewood Rd
1St St
Monticello
Mt. Vernon Road
Johnson Avenue
Comfedbank.com