Business News

New data from the Cedar Rapids Metro Economic Alliance shows that Cedar Rapids is starting to shed its reputation as a “chain restaurant city” as it becomes a state leader in independent restaurant trends.

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McDonald’s, Coca-Cola and PayPal Holdings are temporarily halting operations in Russia, joining a lengthening list of businesses that are cutting ties with the country or suspending activities there because of the fallout over the invasion of Ukraine nearly two weeks ago.

U.S. Sens. Joni Ernst and Chuck Grassley of Iowa are introducing legislation to replace banned Russian oil with American renewable fuels, saying biofuels are less expensive then straight-up petroleum products.

The credit union is trying to shrink the gap between Black and white homeowners by pledging $1 billion over 10 years in home loans to people of color. The credit union this week committed $500 million to loans to people of color on top of $500 million announced last year for home loans to Black borrowers.

The scientists from Florida State University and Duke University found that 90% of children born in the U.S. between 1950 and 1981 had blood-lead levels higher than the CDC threshold. And the researchers found significant impact on cognitive development: on average, early childhood exposure to lead resulted in a 2.6-point drop in IQ.