Wall Street up as Dow tops yearhigh on rate hopes
The Dow Jones climbed 203.52 points to 10,226.94, its best close since October 2008, as hopes for sustained low rates boosted commodities. The S P 500 rose 23.78 to 1,093.08 and the Nasdaq gained 41.62 to 2,154.06 amid rising investor confidence. Thomas L Cardella & Associates will add 55 jobs at its Coralville contact center, expanding from 180 to about 230 workers with weekend and evening shifts, with operations at 2000 James St. plans for fifth and sixth centers in 2010.
MENTIONED IN THIS ARTICLE
Dow
Standard & Poor
Thomas L. Cardella & Associates
Coralville
Cedar Rapids
Tom Cardella
Coralville Center
James St
Oil prices rise as dollar falls and storm looms
Oil prices climbed above 80 dollars a barrel as a weaker dollar spurred volatility akin to a Gulf storm. Benchmark crude for December delivery settled at 79.43 dollars on the New York Mercantile Exchange, rising before retreating from the 80-dollar mark as trading continued.
MENTIONED IN THIS ARTICLE
U.S
Gulf of Mexico
Ida
Euro
New York Mercantile Exchange
Fannie Mae seeks more aid after tax credit sale blocked
Fannie Mae said it may need additional government help after being blocked from selling about 2.6 billion in low income housing tax credits. The Treasury blocked the sale because it would cut tax revenue more than the savings. The lender reported a 19.8 billion quarterly loss and sought 15 billion in aid, raising the taxpayers' rescue total to 60 billion.
MENTIONED IN THIS ARTICLE
Fannie Mae
Treasury Department
Goldman Sachs Group Inc
Treasury
BBB relaunches in Cedar Rapids with new rep Barbara Green
After a 17 year absence the Better Business Bureau of Greater Iowa re establishes a presence in Cedar Rapids named Barbara Green as community relations representative. The BBB serves Iowa five Nebraska South Dakota counties and Rock Island County Illinois and handles consumer complaints arbitration. President Chris Coleman notes stronger roots in the Corridor and more online contact while community reps offer in person help amid a slowing economy and rising complaints.
MENTIONED IN THIS ARTICLE
George G
Better Business Bureau of
Greater Iowa
Iowa
Barbara Green
Nebraska
South Dakota
Rock Island
Ilinois Quad Cities
Chris Coleman
The
BBB of
Greater
Linn and Johnson Counch
Barbara
Cedar Rapids
BBB Introduces Letter Grades for Iowa Accredited Businesses
Barbara Green of the Better Business Bureau notes the December shift to A through F letter grades in online reports. The system ranks 16 criteria to a percentage, yields a grade, and requires a B or higher to keep accreditation. About half of Iowa’s 13,000 BBB accredited firms hold A-minus or better. Contact: George Ford.
MENTIONED IN THIS ARTICLE
Coleman
Iowa
BBB
Willis Tower goes green to slash city carbon footprint
Sara Beardsley, senior architect at Adrian Smith Gordon Gill, leads a 200 to 300 million plan to retrofit Willis Tower. Replacing 16 000 windows and updating lighting aims to cut heating by half and water use by 24 million gallons annually. The project seeks long term energy savings and job creation, framing the tower as a model for sustainable design.
MENTIONED IN THIS ARTICLE
The
Science Tribune
HICAC
Aera
Sara Beardsley
Chicago
Willis Tower
Beardsley
Adrian Smith + Gordon Gill Architecture
Hemisphere
Sears Tower
Re&k
Wintter
Steen
Charles Jackson
Illinois Environmental Council
Springfield
Sears
Iowa City dam may power up with new turbine test
The University of Iowa and AmJet Turbine Systems seek $630,000 from the Iowa Power Fund to test a modular low head hydroelectric generator at the Burlington Street dam. If approved, the 0.3 to 0.4 MW unit would power the US Physical Plant and could revive local hydro power.
MENTIONED IN THIS ARTICLE
Iowa City
Burlington Street
Dave DeWitte
The
Gazette
University of Iowa
AmJet
Larry Weber
ITHR
Iowa Power Fund Board
ISHR
Weber
IHR At US
Iowa
Iowa Power Fund
Also Mentioned on This Page
Wall Street
Associated Press and Gazette Reports
C.R
Green Better Business Bureau
Ers
Chris
Better Business Bureau
George. Ford
Gazcomm.com
Ills
Hydroscience and Engineering
Larry Webe
AHR
Hydroscience An Engineering
David. Dewitte
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