Archive for February 4th, 2010

Senate to take up rare bipartisan jobs bill (AP)

Senate leaders plan to pass a jobs bill next week featuring tax breaks for employers that hire unemployed workers, a rare bipartisan effort in an election-year Congress sharply divided along political lines.

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Rebuilding Haiti’s shattered economy, $50 at a time (CNNMoney.com)

As Haiti continues to dig out from the earthquake that leveled Port-au-Prince, local microlenders are gearing up to begin rebuilding the country’s shattered economy.

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Old Mo. River bridge saved for use on Katy Trail (AP)

A rusty Missouri River railroad bridge that came to symbolize the battle between historical tourism and modern transportation has been saved from demolition due largely to federal stimulus funds.

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Stocks tumble on worries about jobs, European debt (AP)

Stocks buckled Thursday under the growing belief that the global economy is weaker than many investors expected and likely to stop companies from hiring. The Dow Jones industrials briefly traded below 10,000 for the first time in three months.

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Fed emergency loans to banks continue to decline (AP)

Banks borrowed less from the Federal Reserve’s emergency lending program over the past week, another sign that strains on private credit markets are easing.

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Flexsteel Announces Second Quarter and Year-To-Date Fiscal 2010 Operating Results (Business Wire)

DUBUQUE, Iowa—-Flexsteel Industries, Inc. today reported results of operations for its second quarter and fiscal year-to-date December 31, 2009.

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Stone & Youngberg Underwrites Landmark $145 Million Harbor Point Financing (Business Wire)

NEW YORK—-Stone & Youngberg, a leading financial services firm, and Building & Land Technology, a Connecticut-based developer, today announced that they have completed a $145 million financing for the Harbor Point Project in Stamford, Connecticut, a pioneering smart growth project that has been awarded a LEED-ND Gold Certification by the U.S.

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How the major stock indexes fared on Thursday (AP)

Stocks buckled Thursday under the growing belief that the global economy is weaker than many investors expected and likely to stop companies from hiring. The Dow Jones industrials briefly traded below 10,000 for the first time in three months.

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Companies boost productivity and put off hiring (AP)

Employers are managing to boost production without creating new jobs. The question is when they’ll feel the need to ramp up hiring.

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Architect Lora Grgich Joins SEH (Business Wire)

ST. PAUL, Minn.—-Professional consulting services firm Short Elliott Hendrickson Inc. announced their selection of Lora Grgich, AIA, LEED AP as the Architecture Practice Center Leader.

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