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home : news : latest news September 07, 2010 

NEWS


Upcoming Business Record Event: Power Breakfast - Ignite Des Moines

You are invited Tuesday September 14th 7:30-9am at the Des Moines Club.

The next event in our Power Breakfast Series, this one will take on a slightly different twist.  Local business and community leaders will get the chance to enlighten us on an important topic - but they only have 5 minutes to do it.

 

 


Ticker: August 2
Updated: 12:08 p.m.
Monday, August 02, 2010
DMACC to lease space in former hospital for nurse training
Des Moines Area Community College (DMACC) officials have entered into a 10-year agreement with the state of Iowa to lease 20,000 square feet of space in the vacant building that formerly housed the Mercy Capitol hospital Updated July 30 at 3 p.m.
Friday, July 30, 2010
Executive job seekers finding similar positions
Three out of four laid-off executives find a new position at the same or higher level as the one they previously held, according to a new study by Right Management Inc. Updated at 1:02 p.m. on July 30


Friday, July 30, 2010
Smart phone competition to drive supply, hinder profits
A heated competition in the global smart phone market may not bode well for handset vendors' profit margins, Reuters reported. Updated at 1:01 p.m. on July 30
Friday, July 30, 2010
Ticker: July 30
Updated at 12:57 p.m. on July 30
Friday, July 30, 2010
Ticker: July 29
Updated at 11:20 a.m. on July 29.
Thursday, July 29, 2010
75 percent of U.S. cities see foreclosure filings rise
Toxic mortgages are no longer the leading cause of foreclosures in the United States. The country's homeowners have a new leading enemy -- unemployment.
Thursday, July 29, 2010
Wells Fargo CEO: Customers to feel burden of financial reform
Last week's 2,300-page overhaul of financial regulation could mean that consumers, not just banks, will bear the financial burden of the regulations, said Wells Fargo & Co. CEO John Stumpf.
Thursday, July 29, 2010
Durable goods orders take unexpected tumble
New orders for long-lasting U.S. manufactured goods unexpectedly fell for a second straight month in June, posting their largest decline since August, providing further evidence that economic growth cooled in the second quarter, Reuters reported. Updated July 28 at 12:15 p.m.
Wednesday, July 28, 2010
Ticker: July 28
Ticker Updated July 28 at 12:13 p.m.
Wednesday, July 28, 2010
Ticker: July 27
Updated at 11:57 a.m.
Tuesday, July 27, 2010
Home prices rise in May
Home prices in 20 metropolitan cities in the United States rose in May, recording the biggest year-over-year increase since August 2006.
Tuesday, July 27, 2010
Unemployment fears drive confidence down in July
Consumer confidence fell again in July, a sign that the scarcity of jobs is keeping consumers pessimistic.
Tuesday, July 27, 2010
Business-loan bill could create $300 billion in 'junk' loans
President Barack Obama is on the verge of creating as much as $300 billion in credit for small businesses as bankers raise doubt about whether there's demand for new loans and how much will be repaid, Bloomberg reported. Updated July 26 at 10:49 a.m.
Monday, July 26, 2010
Shareholders challenge Casey's
Updated July 26 at 10:48 a.m.
(3 comments)

Monday, July 26, 2010
Ticker: July 26
Updated July 26 at 10:41 a.m.
Monday, July 26, 2010
Ticker: July 23
Updated at 1:36 p.m. on July 23
Friday, July 23, 2010
Hubbell to put Kaleidoscope up for sale
Hubbell Realty Co. will place the Kaleidoscope at the Hub on the market today with an asking price of $2,515,000.Updated at 1:07 p.m. on July 23
(1 comments)

Friday, July 23, 2010
Ticker: July 22
Thursday, July 22, 2010
Declining existing home purchases point to housing slump
Purchases of existing homes dropped less than forecast in June, but the decine still added to the growing amount of evidence that the housing market will slump as the effects of the federal tax credit for first-time home buyers fade.
Thursday, July 22, 2010
Wells Fargo's net income tops estimates
Wells Fargo & Co., the top U.S. home lender, has reported a second-quarter profit that beat most analysts' estimates as the company's loan losses eased, Bloomberg reported. Updated July 21 at 11:53 a.m.
Wednesday, July 21, 2010
Survey: One-third of small employers plan to hire
CareerBuilder's latest nationwide survey shows that small businesses - one of the major drivers for economic recovery and job growth - will be hiring in the second half of 2010. Updated July 21 at 11:47 a.m.
Wednesday, July 21, 2010
Ticker: July 21
Ticker Updated July 21 at 11:45 a.m.
Wednesday, July 21, 2010
Ticker: July 20
Updated at 11:33 a.m on July 20
Tuesday, July 20, 2010
Schapiro: More people, cash needed to carry out reform
Mary Schapiro is expected to tell lawmakers today that the Securities and Exchange Commission (SEC) needs to hire 800 people to help it implement the new Wall Street reform law, CNNMoney.com reported. Updated at 11:32 a.m. on July 20
Tuesday, July 20, 2010
We've lost that entrepreneurial feeling
Start-up activity plummeted in the first half of 2010 as would-be entrepreneurs were either scooped up by employers or scared off by fragile economic conditions, a tight lending market and uncertainty over the sustainability of the recovery, a study said. Updated July 19 at 10:55 a.m.
Monday, July 19, 2010
Training for a letdown
Updated July 19 at 10:52 a.m.
Monday, July 19, 2010
Ticker: July 19
Updated July 19 at 10:48 a.m.
Monday, July 19, 2010
Ticker: July 16
Friday, July 16, 2010
Five grants to support start-ups awarded
Five Iowa businesses in the process of expansion received financial awards from the Economic Development Board and Iowa Department of Economic Development on Thursday.
Friday, July 16, 2010
Consumer confidence tanks in July
U.S. consumers had quite the mood swing in July.Consumer confidence hit an 11-month low in July, according to the Thomson Reuters/University of Michigan preliminary sentiment index.
Friday, July 16, 2010
Ticker: July 15
Updated at 12:03 p.m.
Thursday, July 15, 2010
Bank seizures up, foreclosure filings down in last six months
Foreclosure filings fell 5 percent in the first six months of 2010, with 1.9 million foreclosures filed on 1.6 million properties, RealtyTrac Inc. announced today.
Thursday, July 15, 2010
Mercy to operate second air ambulance
Mercy Medical Center - Des Moines will expand its air ambulance fleet to two helicopters beginning in November to meet an increasing demand for service, the hospital system announced this morning. Updated July 14 at 12:50 p.m.
Wednesday, July 14, 2010
Ticker: July 14
Ticker Updated July 14 at 12:45 p.m.
Wednesday, July 14, 2010
Ticker: July 13
Updated at 11:54 a.m.
Tuesday, July 13, 2010
Small business owners are less optimistic
After several months of increased optimism among small business owners in the United States, the National Federation of Independent Business (NFIB) announced today that its small business optimism index fell to 89, a loss of 3.2 points, in June.
Tuesday, July 13, 2010
Student loan defaults higher than government estimates
The share of borrowers who default on their student loans is bigger than the federal government's short-term data suggest, with thousands more facing damaged credit histories and millions more tax dollars being lost in the long run, The Chronicle of Higher Education reported. Updated July 12 at 11:50 a.m.
Monday, July 12, 2010
Greater Des Moines home sales rise again
Updated July 12 at 11:49 a.m.
Monday, July 12, 2010
Ticker: July 12
Updated July 12 at 11:45 a.m.
Monday, July 12, 2010
Ticker: July 9
Updated: 11:13 a.m.
Friday, July 09, 2010
May wholesale inventories increase, sales fall
May 2010 sales of merchant wholesalers were down 0.3 percent to $350.6 billion from April, but were up 15.1 percent from the May 2009 level, according to a U.S. Census Bureau report released today. It was the first monthly decline since March 2009.
Friday, July 09, 2010
Report: Freight traffic to increase drastically
If you hate the feeling of being boxed in on the interstate by a couple of semitrailer trucks, you likely won't be thrilled with the latest study of freight traffic in America.
Friday, July 09, 2010
Downtown awaits fallout of Wells Fargo Financial restructuring
Wells Fargo & Co.'s announcement yesterday that it will restructure its Wells Fargo Financial Consumer Division sent shock waves through Greater Des Moines' business community. Updated at 12:07 p.m. on July 8
Thursday, July 08, 2010
CEO turnover drops in June; up year-over-year
Turnover among the nation's chief executive officers fell 16.8 percent in June from the prior month, according to a report from Challenger, Gray & Christmas Inc. Updated at 12:06 p.m. on July 8
Thursday, July 08, 2010
Ticker: July 8
Updated at 12:01 p.m. on July 8
Thursday, July 08, 2010
Wells Fargo Financial closes doors
Wells Fargo & Company (NYSE: WFC) today announced the restructuring of its Wells Fargo Financial division, including closing its 638 Wells Fargo Financial stores across the U.S. and exiting the origination of non-prime portfolio mortgage loans.
Wednesday, July 07, 2010
Sam's Club to offer SBA loans
Add small-business loans to the items you can purchase at a discount from Sam's Club. Updated July 7 at 11:53 a.m.
(1 comments)

Wednesday, July 07, 2010
Ticker: July 7
Ticker Updated July 7 at 11:50 a.m.
Wednesday, July 07, 2010


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