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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 08, 2001
Page
1
A Cedar Rapids woman and 25 friends attended a Matchbox Twenty show last weekend after winning a VH1 contest. The event highlighted fan participation and promotional giveaways in local entertainment coverage.
The U S unemployment rate rose to 4.9 percent in August as manufacturing layoffs pushed yearlong job losses past 1 million. The 0.4 point rise from July marked the largest monthly increase in six years, signaling potential Fed rate cuts to spark growth.
The August unemployment rate climbs to 4.9 percent as manufacturing loses 141,000 jobs, the largest one-month drop this year. The Dow ends down 234.99 points at 9,605.85, marking its lowest close since April 4, while service-sector gains tamp down losses. Analysts warn consumer spending may suffer as the recession lingers and Fed policy eyed for later cuts.
President Bush holds talks with GOP leaders over the budget and blames the previous administration for the economic slowdown. Senator Grassley foresees a sweeping compromise on minimum wage and tax incentives. Unemployment data heightens Wall Street concerns.
Cedar Rapids Airport Commission approves $73 675 contract to Ament Inc for 700 rock built parking spaces north of the current lot and south of relocated Wright Brothers Boulevard. A climate controlled elevated walkway may cost 6 to 8 million and the plan remains flexible.
Ricky Bartell 42 was critically injured at University Hospitals in Iowa City after a standoff with Cedar County deputies. Investigators say Bartell, armed with multiple guns, refused to surrender during a domestic call three miles northeast of Tipton, firing at officers before being wounded in a return volley. Rita Bartell was uninjured.
NBC Today sends Bob Faw and crew to Cedar Rapids Anamosa and Stone City to film Overalls All Over American Gothic Happening exhibit based on Grant Wood’s American Gothic The segment airs late next week for four to six minutes Proceeds from Oct 23 auction of unsold statues go to Renaissance Group and CVB Exhibit runs until Sept 17 with potential two year repeat plans.
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