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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 22, 2012
Page
11
Apple said advance orders for the iPhone 5 topped 2 million in 24 hours, more than double the iPhone 4S. Orders opened at 3 a.m. Eastern Time last Friday. A senior bank official called Peregrine Financial Group’s CEO’s effort to shift blame for a $200 million fraud meritless.
MobileDemand introduced its newest rugged handheld computer with a sunlight readable screen aimed at expanding access to new markets. The device targets outdoor workers and field teams seeking durable, high-visibility data terminals.
American Airlines notified over 11,000 workers they could lose jobs under its bankruptcy reorganization. Flights will be trimmed 1 to 2 percent for September and October. Eastern Iowa Airport reports no bankruptcy impact per marketing director Heather Wilson. Capone's restaurant and bar at 1201 Third St SE Cedar Rapids closed suddenly Monday. owner Dave Fountain says parties are interested in leasing the space.
DES MOINES An Oregon based buying club will change its marketing practices and pay more than $26,000 to lowans and to the state after an Iowa Attorney General Office investigation.
Siemens Energy plans 615 job cuts across Iowa, Kansas and Florida due to extended wind tax credits. The largest impact hits Fort Madison where 407 workers at the wind turbine blade plant will lose their jobs. A related lawsuit against US Bank is noted in the report.
HNI Corp requests 293400 in Enterprise Zone tax benefits for a 20.9 million expansion in Muscatine Iowa. A drought and soil moisture deficit lower 2013 Iowa crop yields with a 56 percent chance of impact per ISU agricultural meteorology professor Elwynn Taylor.
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