S&P downgrades US credit rating
(National News ~ 08/06/11)
WASHINGTON (AP) -- The United States has lost its sterling credit rating from Standard & Poor's. The credit rating agency on Friday lowered the nation's AAA rating for the first time since granting it in 1917. The move came less than a week after a gridlocked Congress finally agreed to spending cuts that would reduce the debt by more than $2 trillion -- a tumultuous process that contributed to convulsions in financial markets. The promised cuts were not enough to satisfy S&P...
Bidding for Cape building passes $500,000 mark
(Local News ~ 08/06/11)
The bid for the former federal building in Cape Girardeau now stands at more than half a million dollars. A bid of $510,003 was submitted in the U.S. General Services Administration's online auction of the building Sunday, adding another 24-hour extension to the auction...
(Obituary ~ 08/06/11)
CAIRO, Ill. -- Hazel C. Gilpin, 94, of Cairo died Friday, Aug. 5, 2011, at Daystar Care Center in Cairo. Visitation will be from noon to service time Sunday at Barkett Funeral Home in Cairo. The funeral will be at 3 p.m. Sunday at the funeral home, with Dr. Larry L. Potts officiating. Burial will be at 1 p.m. Tuesday at Camp Butler National Cemetery in Springfield, Ill...
Out of the past 8/6/11
(Out of the Past ~ 08/06/11)
City officials and civic leaders express disappointment in the aftermath of yesterday's election, in which two of three city issues were defeated; voters approved a measure establishing a residential trash fee of $4.85 a month and hiking commercial rates and the landfill fee; but a $3.3 million flood-control bond issue and a half-cent transportation sales tax measure failed...
Stories from Saturday, August 6, 2011
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