Business/Finance Feed

Trump: Ford to announce 'major' Michigan investment

Ford Motor is expected Tuesday to announce a "major investment" in three Michigan factories, President Trump said on Twitter.

The automaker declined to comment.

But the announcement is believed to be connected in part to its recent decision to revive the Ford Bronco sport-utility vehicle and Ford Ranger mid-size pickup truck.

Ford CEO Mark Fields told USA TODAY in January that the company would make both vehicles at its assembly plant in Wayne, Mich., to replace production of the Focus sedan, which is moving to Mexico, and preserve 3,600 jobs.

via www.usatoday.com


Big Ten Rentals added to the Corridor Search business directory

The Coralville Courier is pleased to announce the addition of Big Ten Rentals to the 'Rental Service' and 'Wedding Supplies & Services' categories in the Corridor Search business directory.

Big Ten RentalsBig Ten Rentals was started in 1981 with a $50 compact refrigerator. Initially run out of a University of Iowa dorm room, in 1986 Big Ten Rentals moved to a commercial location. That same year we became incorporated and expanded our inventory to include tents.

Today Big Ten Rentals’ inventories of tents, bleachers, flooring, audio and video equipment, lighting, food service equipment and more fill over 40,000 square feet.

Our vast tent inventory places us among the top providers of quality tents in Iowa and the Midwest. Our inventory includes the largest and most versatile tents in the industry. We can accommodate nearly any situation, with heating, air conditioning, lighting and flooring for the event.

We are also the largest provider of Interactive Entertainment in the state. Big Ten Rentals was one of the first in the country to introduce Interactive Entertainment. We have consistently been the leader in this market with over 20 cutting edge interactive inflatable games, carnival equipment, and more.

All in all, if we don’t have what you’re looking for, we can usually point you in the right direction. Please visit our other links under products and services, or stop by our store in Iowa City.

319-337-RENT (7368)

Physical Address:

1820 Boyrum St,
Iowa City, IA 52240
Map It

via bigtenrentals.com

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Uber slams on the brakes, stops self-driving car tests | ZDNet

Uber has suspended autonomous car tests in the US following an incident in which one of its self-driving cars was involved in a collision in Tempe, Arizona.

The ride-hailing service's tests in both Arizona and Pittsburgh, Pennsylvania have been stopped following the high-impact crash, in which photos on Twitter reveal an Uber car on its side while another vehicle is behind, laden with dents, scratches, and smashed windows.

As reported by Bloomberg, the vehicle involved in the collision is a self-driving SUV, one of a fleet being tested by Uber.

An Uber spokesperson confirmed the crash, saying that tests have been paused while the ride-hailing service completes an investigation into the situation.

via www.zdnet.com


Trump trade doubts send dollar, shares tumbling | Reuters

The dollar and share prices tumbled on Monday, as investors worried that U.S. President Donald Trump's defeat over healthcare reform foreshadowed difficulties delivering other key campaign promises, in particular tax cuts and spending.

Trump's failure to rally enough support from his own Republican party to repeal and replace Obamacare spurred a rush to safe haven assets such as gold XAU=, the Japanese yen JPY= and the Swiss franc CHF=.

So-called "Trumpflation trades" - bets that Trump's pro-business policies would stoke growth and inflation in the U.S. and global economies, boosting assets such as commodities - came under heavy selling pressure.

The dollar, whose index had surged more than 6 percent in the aftermath of Trump's election to hit 14-year highs at the start of 2017, slipped to its lowest since Nov. 11, two days after the results of the presidential vote .DXY.

via www.reuters.com


Amazon eyes delivering on grocery sales - The Blade

“Very wasteful” isn’t a phrase usually associated with Amazon.com Inc., which is so cost-conscious it once removed the light bulbs from its cafeteria’s vending machines. But after spending several months analyzing the online retailer’s grocery-shipping hubs back in 2014, that’s exactly how a mechanical engineering student described its approach to selling bananas.

Workers at Amazon Fresh, its grocery-delivery business, threw away about a third of the bananas it purchased because the service only sold the fruit in bunches of five, the student said. Employees trimmed each bunch down to size and chucked the excess.

via www.toledoblade.com


Trucking IPO will net Schneider family $230 million

Members of the Schneider family will get about $230 million from the sale of stock in the Green Bay trucking company that bears their name, a document filed Friday with securities regulators shows.

Schneider National Inc., meanwhile, expects to net about $281 million from the initial public offering.

Shares are expected to be priced initially at $18 to $20.

The filing did not say when Schneider stock will hit the market, but it likely will be within the next 30 days. Shares will trade on the New York Stock Exchange as “SNDR.”

via www.jsonline.com


Trump administration to give green light to Keystone XL pipeline - LA Times

Reviving a big oil project which environmentalists had hoped was dead and buried, the Trump administration plans to announce Friday that it has issued a permit for the Keystone XL pipeline.

The project, which would ship 800,000 barrels of oil a day from Canada's tar sands to Gulf Coast refineries, had been rejected by the Obama administration last year, a move heralded by climate activists. The rejection came just before the former president signed an international agreement on global warming in Paris.

But Trump vowed to undo the previous administration’s work on climate change. He announced soon after taking office that he would seek to restart the pipeline project, a clear signal that he would move aggressively to promote oil development.

via www.latimes.com


Fed rate hike highlights economic news this week

An expected Federal Reserve rate hike highlights a busy week of economic news. While a rate increase is virtually certain, economists will be looking to see whether Fed officials bump up their forecasts for hikes over the next couple of years now that inflation and business confidence are picking up. The week also features reports on inflation, retail sales, housing starts and industrial production.

Fed policymakers signaled last week that a rate increase is likely at a two-day meeting that ends Wednesday. A move was all but guaranteed by Friday’s strong jobs report, which showed 235,000 payroll gains in February, as well as faster wage growth and a drop in the unemployment rate to 4.7%. More suspense surrounds Fed policymakers’ projections. Economists generally believe the central bank’s median estimate will continue to call for three quarter-point rate increases both this year and in 2018. But there’s some risk that gets pushed to four as inflation nears the Fed’s annual 2% target and business confidence keeps juicing markets in anticipation of President Trump’s plan to cut taxes and regulations.

via www.usatoday.com


Millennial love for Snapchat extends to the stock - Business Insider

NEW YORK, March 12 (Reuters) - For some millennial investors, loyalty to one of their favorite apps matters more than financial details in the case of Snap Inc.

The stock of Snapchat's parent company has been on a roller-coaster ride since its market debut last week, surging more than 70 percent from the initial public offering price in the first two days of trading and plunging back down by a quarter since.

Some seasoned investors have been wary of the volatile, relatively high-priced stock of a company that has yet to report a profit. But novice investors said their deep affinity with the disappearing-message app prompted them to jump in.

via www.businessinsider.com


Fuzzy’s Taco Shop is Now Open In Coralville, IA

Bringing Unique and Flavorful Fast Casual Fare to Iowa River Landing

Fuzzy'sCoralville, IA – Fuzzy’s Taco Shop is now open in Coralville, IA. The 4,533 square-foot fast casual restaurant is instilled with the promise to focus its full attention on promptly and efficiently providing guests with generous helpings of uniquely flavorful foods at a fair price, in a fun atmosphere. Located at 201 East 9th Street, #100, the Coralville location is the fourth built, owned and operated by Corey Butcher, with existing locations in Ankeny, Des Moines and Ames, IA.

“We are very excited to become part of the Iowa River Landing and Coralville community,” said Corey Butcher. “We introduced the Fuzzy’s brand a little over a year ago, and now with our fourth location, we are thrilled to see Iowa is getting a little Fuzzier! Our promise to our guests is a generous helping of fresh, fast, and fun!”

The Coralville location features a large garage door opening up to outdoor two patios, and a variety of booths and high top community tables that allow for both families and parties to dine comfortably. The new Fuzzy’s Taco Shop location is easily accessible for all members of the Iowa River Landing community.  Additionally, on Saturday, March 11th from 4 p.m .to 7 p.m., Fuzzy’s is celebrating its first weekend being open with the launch of Fox Brewing in Eastern Iowa. Fox Brewing is an Iowa Brewery, and they’ll have the Quick Brown Fox available in the area. Brian Fox, owner of Fox brewing, will also be in attendance.  

Fuzzy Taco Shop’s signature Baja Tacos are served on the guests’ choice of a soft or crispy shell, and consist of the diner’s choice of protein including chicken, brisket, ground beef, pork, veggies, grilled or tempura fish, grilled or tempura shrimp, fajita chicken, or fajita beef, and topped with garlic sauce, lettuce, tomatoes, shredded cheese, cilantro and feta. Diners can also choose from jumbo burritos, salads, nachos, quesadillas and sandwiches. For a more traditional Mexican dinner, look to one of the enchilada, fajita or combo plates, also customizable with choice of protein.

Fuzzy’s Taco Shop’s 100-plus locations serve breakfast all day long, offering a robust selection that includes breakfast tacos and jumbo burritos (guests can choose from eggs, bacon, cheese, potatoes, chorizo and shrimp) as well as the brand’s “breakfast favorites”, including huevos rancheros, migas, chilaquiles, and the breakfast taco plate (all served with Latin-fried potatoes and refried beans), or the signature Big Fuzz Breakfast Sandwich, which is a meal in itself!

Entrees are complimented by starters, including chips paired with queso, fire-roasted salsa, or guacamole, and essential sides such as simmered black beans with pico de gallo, mix-mex rice, cilantro-lime rice, Latin-fried potatoes, Borracho beans, and refried beans. Delicious desserts are the perfect way to complete any meal at Fuzzy’s.

Beverage service showcases soft drinks and tea, as well as draught beer and signature Fuzzy’s margaritas, both served in an 18 oz. schooner.

A kid’s menu featuring entrees children will love is also available, including a taco plate, nachos, cheeseburger quesadilla and chicken sticks, with carrots and ranch dressing offered as a side.

Download the Fuzzy’s Taco Shop “Friends With Benefits” loyalty app to start earning points towards free Fuzzy’s food and merchandise. Every dollar spent is a point earned (on the pre-tax total), and can be used towards great food and merchandise rewards. To download the app visit the iTunes App Store or Android Google Play store and search for “Fuzzy’s”.

Service is provided continuously from 10 a.m. to 10 p.m. seven days a week, and catering is also be available. For more information visit, www.FuzzysTacoShop.com. Like Fuzzy’s Taco Shop on Facebook, follow on Twitter, and Instagram for updates on promotions and your daily fix of taco pictures.

About Fuzzy’s Taco Shop

The original Fuzzy’s Taco Shop on Berry Street in Fort Worth, Texas is where the brand’s version of taco heaven was created in 2003. It would have frosty drinks. It would have good vibes. It would be a huge, craving-inducing success. With the continued dedication to serve fresh Mexican-food favorites and the addition of frosty drinks, Fuzzy’s earned a cult-like following, and that first location turned into more than 100 across the country. That means no matter where you roam, you’re never far from Baja tacos, guac and chips, and frozen margaritas. Which is reason enough to celebrate with some, as far as we’re concerned. For more information on Fuzzy’s Taco Shop, please visit their website, Facebook, Instagram and Twitter pages.