This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 29, 2008
Page
16
Federal Reserve Chair Ben Bernanke and colleagues open a Tuesday afternoon two day session to reassess conditions and decide next moves on rates. A rate cut is expected, with economists forecasting a 0.50 percentage point decrease to 1 percent and the decision due Wednesday.
Boeing Co is set to hold a vote on a tentative four year labor agreement after an eight week strike by the Machinists union. The walkout halted commercial jet production and disrupted deliveries, with the plan offering strengthened job security as the key negotiator point. The deal would affect Boeing and its customer Rockwell Collins in Cedar Rapids.
Gannett Co Inc says it will lay off about 10 percent of staff in its local newspapers division by early December after an 18 percent drop in ad revenue in the July-September quarter. USA Today remains unaffected. The cuts are involuntary and no specific headcount is released. Oil prices slid as traders awaited the weekly inventory report with December crude settling at $62.73 a barrel.
The June flood case has allowed several local businesses to reopen. Cooter's at 729 First Ave SW Cedar Rapids and Hills Bank & Trust at 1401 S Gilbert St Iowa City are now open. If your business has reopened, write to money gazcomm com.
A selective survey of gas prices in the Corridor as of yesterday afternoon reports the lowest price at $2.67 per gallon in 2007.
Whirlpool Corp plans about 5 000 permanent job cuts through 2009 due to the housing downturn and weak demand. Third quarter earnings fell 7 percent as costs rose, prompting an 8 to 10 percent North American price increase and plant closures in LaVergne Oxford Puebla Reynosa. Global staff reductions include 1 900 positions overseas and 500 salaried North American jobs, with 73 000 employees overall and hoped annual savings of 275 million dollars.
Sybil Merfeld owner of Positively Plus opens Diva Dudz at 615 Center Point NE after the Second Act building floods. The new consignment shop offers plus size and standard women’s clothing plus jewelry with 50 percent consignor payouts and 90 day acceptance.
The Dow rose 889.35 points to 9065.12 and the S P 500 advanced 91.59 to 940.51 while the Nasdaq gained 143.57 to 1649.47 as late buying and bargain hunting drove broad gains amid volatility. Analysts cited no single catalyst and noted optimism despite a consumer confidence drop to 38 in October.
The downturn prompts shoppers to curb debt and save as bargains surge. Used luxury cars drop to 19 500 with low overhead dealers, new car incentives include zero percent financing on 11 Toyota models, and 36 to 60 month plans. Stocks offer long term buy opportunities, while home projects and appliances see deep discounts. Major retailers tout 3 year interest free plans on select items.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.