Wall Street slides as manufacturing dip hits stocks
The market closed lower after a day of volatility as investors weighed GDP gains against a surprise drop in Midwestern manufacturing. The Dow fell 29.92 to 9712.28, the S&P 500 slipped 3.53 to 1057.08, and the Nasdaq lost 1.62 to 2122.42. In Cedar Rapids, Tim Boyle resigns as president of the Convention & Visitors Bureau effective Dec 31 after 18 years, with a replacement search to begin immediately. J W Morton & Associates marks its 25th anniversary with an open house at 1924 St Andrews Court NE today.
MENTIONED IN THIS ARTICLE
Dow
Standard & Poor
Tim Boyle
Cedar Rapids Area
J.W. Morton & Associates
Cedar Rapids
Jeff Westrom
Dave Morton
Marion
University of Northern Iowa
Wood Design Group
Cedar Falls
Morton and Westrom
St. Andrews Court
Toyota recalls 3.8 million vehicles over floor mat crash risk
A fatal August crash in which a Lexus ES 350 killed four members of a family spurred Toyota to issue its largest U S recall. About 3.8 million cars including Camry and Prius are affected by removable floor mats that can trap the accelerator. Owners are urged to remove mats until fixes are available.
MENTIONED IN THIS ARTICLE
Toyota Motor Corp
U.S
Toyota
$350 Million Dairy Aid Reaches Bipartisan Accord
Lawmakers from dairy states announced a $350 million aid package for milk farmers split into $290 million for direct support and $60 million for purchases of surplus cheese and other dairy products for food banks. The plan aims to help small operators facing low prices amid a contentious subsidy debate.
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Washington
Agriculture Department
David Obey
Herb Kohl
Wisconsin
Senate
Kohl
House
Vermont
Dianne Feinstein
D-Calif
Obey
House Appropriations Committee
Northeast
Midwest
Feinstein
Senate Appropriations Subcommittee
Sen
Bernie Sanders
Coffee shops weigh free Wi-Fi risks and rewards
Silicon Valley cafes face a dance between drawing digital nomads with free Wi-Fi and protecting profits. Owners cite loyalty gains from longer visits versus higher power costs and freeloader pressures. Some shops limit outlets to curb drain while customers expect wireless access as a right.
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Chris O’brien
San Jose Mercury News
San Jose
Calif
Silicon Valley
Daniel Garcia
Hillside Evangelical Free Church
Starbucks
At&t
Willow Glen
Garcia
Andrew Zielinski
Eileen Hassi
Ritual Coffee Roasters
San Francisco
Mission District
Ritual
Hassi
Herricrey
Mount Vernon Makes Budget Travel Coolest Small Towns List
Mount Vernon, population 4600, is named one of America's Coolest Small Towns by Budget Travel in its October issue. The article highlights coffee, food, galleries, and a homeward-bound vibe, citing local spots like FUEL Lincoln Cafe and Lincoln Wine Bar.
MENTIONED IN THIS ARTICLE
Mount Vernon
Dave DeWitte
Gazette
America
Budget Travel Magazine
Budget Travel
FUEL
Coffee House Gallery
Lincoln Cafe
Lincoln Wine
Kristy SeBlonka
Lisbon
Cornell College
GM and dealers press Capitol Hill talks on dealership cuts
GM and Chrysler met with dealers and lawmakers on Capitol Hill as they discuss closing about 3,000 dealerships in a restructuring plan begun after bankruptcy. Congress weighs potential rulings to reverse cuts while GM insists the downsizing is cost saving. GM also announced Saturn wind down after Penske walked away from Saturn sale talks.
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Washington
General Motors
Chrysler
Capitol Hill
Congress
Saturn
Penske Automotive Group Inc
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Jacob Leader
Bill Kettlekamp
Breaux Bridge
Cayucos
Tubac, Ariz
Wallace, Ida
Saugerties
N.Y
Jacksonville
Ore
Lexington
Rockland
Maine
Whitefish
Mont
David. Dewitte
Gazcomm.com