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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 09, 2015
Page
15
Federal Reserve minutes show policymakers debated a rate increase but chose to wait for more evidence amid global slowdown concerns. The decision to hold at the September meeting reflected unsettled views on inflation and employment while investors priced in slim odds of a move at the October or December meetings.
Gannett Co Inc plans to buy Journal Media Group, owner of Milwaukee Journal Sentinel and others, for about 280 million in cash. The deal, expected to close in Q1 2016 subject to regulatory and shareholder approvals, expands local media scale amid industry consolidation.
Brainerd based Fleet Farm, a six Twin Cities area plus 85 store Midwest chain, is up for sale. Executives say they seek an outside partner to strengthen management and future growth while the Mills family contemplates departure, though the Mills name may stay on some stores.
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