Wall Street climbs as Countrywide raises funds and GM, McDonald’s lead gains
Stocks rose sharply with the Dow up 133.23 points to 13,424.88 as General Motors and McDonald’s pushed gains and Countrywide Financial lined up 12 billion in credit easing fears of a mortgage lender collapse. Mortgage rates fell to four month low with 30 year fixed at 6.31 percent. In Waterloo Cedar Falls, Nancy Raffensperger Newhoff named editor of the Courier after 28 years as interim.
MENTIONED IN THIS ARTICLE
Countrywide Financial Corp
Dow Jones
General Motors Corp
McDonald's Corp
Countrywide
Standard & Poor
Federal Home Loan Mortgage Corp
Nancy Raffensperger
Newhoff
Courier
Waterloo
Antitrust probe opens into Monsanto practices
Iowa Attorney General Tom Miller has begun a civil antitrust inquiry into Monsanto Co. for its seed trait and chemistry licensing and marketing programs. Monsanto will provide information in response to the civil investigative demand as authorities seek details on its business practices. Monsanto, based in St. Louis and owner of Holden Foundation Seeds in Williamsburg, is a leading biotech seed producer.
MENTIONED IN THIS ARTICLE
Iowa
Tom Miller
Monsanto Co
Monsanto
Miller
Bob Brammer
St. Louis
Gas Price Survey in Corridor as of Yesterday
A random survey records gas prices in the Corridor with figures rounded to the nearest cent. The report notes the low price today in 2006 at 2.25 dollars per gallon.
Iowa City Ambulatory Surgical Center seeks 600000 TIF
Developers of a 9.3 million 20000 square foot center in Northgate Corporate Park seek up to 600000 in tax rebates over 2011 to 2013. The project aims for LEED design, 20 full time jobs at 20 per hour, and property tax payments in exchange for TIF. The Economic Development Committee wants wage and design details clarified before Oct 1.
MENTIONED IN THIS ARTICLE
Gregg
the Gazette
Iowa City
Regenia Bailey
Connie Champion
Bob Elliott
Champion
Mercy Iowa City
Northgate Corporate Park
Highway 1
Kelly
Durian
Wendy Ford
Steve Rohrbach
Rohrbach Associates
China not an enemy says Cedar Rapids business leader
Jim Gradoville president of United Technologies China says China welcomes direct investment and exports. notes open market, growth in Iowa trade, and need for U.S. firms to vet partners with the American Chamber or U S Embassy Beijing while stressing mutual responsibilities in the evolving bilateral relationship.
MENTIONED IN THIS ARTICLE
the Gazette Edar Rapids
China
Jim Gradeville
Gradeville
United Technologies International Operations
United Technologies
Otis Elevator
Pratt & Whitney
Cedar Rapids
All Saints School
Regis High School
Motorola
Cedar Rapids Area
United States
U.s.-China
American Chamber of Commerce
U.S
Beijing
Cedar Rapids Chamber chairman urges bold action for growth
Cedar Rapids Area Chamber of Commerce marks its 89th luncheon as outgoing chair urges members to engage and reinvest to move the community forward. Bruce Anderson calls for courage, creativity, and willingness to take risks while incoming chair Ralph Russell cites a need to abandon a "no" mindset and pursue bold ideas.
MENTIONED IN THIS ARTICLE
Anderson
Chamber
Ralph Russell
Howard R. Green Co
Russell
Eorge
Ford
Gazettecommunications.com
Path to success through dues and hedge fund careers
A reader argues that success may hinge on paying dues and considers hedge fund managers as aspirational careers for children. The piece notes top earners pull enormous salaries, discusses education and risk, and urges parents to guide discussions on money values and economic fairness with their teens.
MENTIONED IN THIS ARTICLE
Ama
Institute For Policy Studies
United For A Fair Economy
Wall Street
America
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Adi
15Th St
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Casey's
Dubuque & Market Streets
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Coralville
Nasdaq
Hennigané
Ations
Owa Gity
Gazette Map
C.A
George C. Ford
George. Ford
Uramdblnur
Slosiarek
Luette
United Technologies International Operations China
Jay Clancey
The
Clancey Co
C.R. Chamber
Move Community Forward
Bruce Anderson
Den
Steve Rosen
Kansas City Star
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