Restaurants delay reopening after flood costs and buyout plans
Restaurateurs weigh heavy post flood costs delaying reopenings in Marion and Cedar Rapids. Dee Corum will not reopen Dee's Japanese & American Cafe citing $100,000 needed and advanced age. Kacy Smith also stalls Flamingo reopening amid uncertain neighborhood after flood buyout plans. Landlord delays persist at Roosevelt Building. Some area venues gain temporary business from flood disruption while state smoking ban pressures overall sales.
MENTIONED IN THIS ARTICLE
the Beans
Marion
Dee Corum
Dee
Third St. SE
Corum
Kacy Smith
Ellis Boulevard
Smith
17Th St
Cedar Rapids
Roosevelt Building
Rising costs and staff turnover challenge Cedar Rapids restaurants
Slender profit margins and rising operating costs pressure local eateries in Cedar Rapids and Iowa City. Wholesale food prices rose sharply in 2007 and 2008, with March inflation at 8.5 percent. Fuel surcharges and minimum orders appear as suppliers adjust, delaying restaurant reopenings and staffing stability. Betty and Don Conker lost Blimpie subs to flooding but reopened temporarily, while Doug Neumann notes workforce return as key to restaurant recovery.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iowa City
U.S
Dave Allick
Emil
U.S. Bank
Allick
Betty
Don Conker
First Ave. NW
Esca
Betty Conker
Westdale Mall
First Avenue SE
Doug Neumann
Great Depression echoes in modern financial fears
Experts compare today’s market turmoil with the 1929 crash and 1930s banking collapses. Ben Bernanke and Robert Aliber note lessons from the Great Depression, while Michael Bordo cautions against alarming the public as policymakers point to tighter regulation and safety nets.
MENTIONED IN THIS ARTICLE
Washington and Lee University
Federal Reserve
Ben Bernanke
Princeton University
Fed
Robert Aliber
University of Chicago
United States
Michael Bordo
Rutgers University
Bordo
Clock displays debt milestone as sign near Times Square shocks onlookers
A public clock in Times Square drew attention when the figure $10 trillion was marked as debt for the U.S. government. Onlookers including Nancy Gurzo expressed anger and concern while observers noted the display’s symbolic critique of national fiscal policy. The clock now shows a separate line reading YOUR Family share with an $86,023 figure fitting the LCD space.
MENTIONED IN THIS ARTICLE
U.S
Times Square
Nancy Gurzo
Noah Webster and the rise of an American language
Noah Webster proposed the first comprehensive dictionary to shape American identity. He created a spelling system and Americanized words, facing mockery yet helping unify language and education in a new nation. Yale commemorations mark his 250th birthday with lectures and exhibits.
MENTIONED IN THIS ARTICLE
New Haven
Joshua Kendall
Webster
Harlow Giles Unger
Lepore
Philadelphia
Noah Webster
West Hartford
Also Mentioned on This Page
Corey Nanke
Iowa Restaurant Association Board
John Huntington
Huntington’s
Huntington
Iowa
Dave DeWitte
KCRG
David.dewitte
Gazcomm.com
Roosevelt
America
Florida
Japan
New York
Manasquan, N.J
Svet Stauber
STIHL
Anamosa Edens Ltd
Mechanic St
Acme
Blairs Ferry
Stihlusa.com
3Rd Avenue
Hiawatha Midway Outdoor Equipment Inc
Center Point Rd
Midwayoutdoor.com
Mt Vernon
Mt Vernon Ace Hardware
1St Ave
S.E
North Liberty
Sugar Creek Ln
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