Stock rally lifts Dow above 10,000 on upbeat corporate news
The Dow Jones industrial average rose 88.86 to 10,077.40 as traders shrugged at oil prices and focused on corporate gains. The Nasdaq gained 9.99 to 1,869.87 while Starbucks announced an 11 cent beverage price increase. Meredith to publish Marvel licensed books and Mazda recalls 42,000 Mazda3s for air bag issues.
MENTIONED IN THIS ARTICLE
Scott Wren
Equity
A.G. Edwards & Sons
New York Stock Exchange
Starbucks Corp
North America
Minnesota
New York City
Boeing bets on 7E7 Dreamliner amid global aviation growth
Boeing officials project stronger airline industry growth outside the United States and say the 7E7 will cut operating costs and enable new long distance routes. The plan supports Iowa vendors and Rockwell Collins, with thousands of U.S. jobs tied to development and production beginning 2008.
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U.S
Alan Mulally
Boeing Commercial Airplanes
Boeing Aerospace
Rockwell Collins
Mulally
Boeing
Air
China
Iowa
Clay Jones
Jones
Infinity Marketing pivots to Infinity Contact growth plan
Infinity Marketing Solutions rebrands to Infinity Contact as it shifts from cold call telemarketing to customer contact management. The Cedar Rapids firm aims to double its staff from 90 to about 170 and expand its 373 Collins Rd NE office, citing existing relationships and data driven services. It extended major contracts with Experian Automotive Dealer Product Services and Findex Inc and added an Automotive Sales Team.
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The
Gazette One
Cedar Rapids
Infinity Marketing Solutions
Infinity
Experian Automotive
Findex Inc
Lehdigh
Collins Rd
David Wallace
the Gazette
Joyce Rodgers
Infinity Contact
Vina McDermot
Group targets lost jobs in Cedar Rapids protest
Dawn Teo leads Rescue American Jobs visitors in Cedar Rapids to urge voting on outsourcing. The campaign handed out leaflets citing a 1 million Bush-era job loss and recruited for United Steelworkers associates drive. They met striking Penford workers and noted 8,900 local job losses over four years.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Dawn
Teo
U.S
United Steelworkers of America
Penford Products
Niles Ross
Ross
Mesa, Ariz
China
Doug Wagner
Paul Pate
Senate mulls 3.1B farm disaster aid amid funding fight
Iowa farmers facing 750 million in 2003 crop losses may get 3.1 billion in disaster assistance if the Homeland Security Appropriations bill amendment survives conference action. Supporters say aid is an emergency response while opponents seek offsets from other farm programs in a tight budget. Several farm groups press for relief while critics weigh Florida hurricane needs and overall discretionary limits.
MENTIONED IN THIS ARTICLE
Marlene Lucas
Iowa
Homeland Security
Senate
U.S
Tom Harkin
Congress
Harkin
Chuck Grassley
Lown
Consumer confidence dips in September as job worries persist
The Conference Board reports the Consumer Confidence Index fell to 96.8 in September from 98.7 in August, signaling renewed concern over the labor market. The Present Situation index declined to 95.5 while the Expectations Index rose to 97.6.
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New York
U.S
Iraq
Franco
Conference Board
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Mazda3
Mazda Motor Corp
National Highway Traffic Safety Administration
Jeremy Barnes
SciTyme
Iowa City
AP Stockquote
Gazette Editorial Board
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