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Health exchange reporting requirement delayed

Federal regulators have delayed indefinitely a health-care overhaul requirement that employers notify employees in writing by March 1 about the availability of public health insurance exchanges, Business Insurance reported. Regulators cited several reasons for delaying …

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Des Moines and Perry on RAGBRAI map

Perry and Des Moines will be overnight stops for this year’s edition of RAGBRAI. An estimated 10,000 bicyclists are expected, with stops scheduled for July 22 in Perry and July 23 in Des Moines.…

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Caterpillar beats estimates

Caterpillar Inc. reported fourth-quarter profits that topped analysts’ estimates, Bloomberg reported. Net income fell to $1.04 a share from $2.32 a year earlier. Profits excluding a $580 million write-down on its ERA Mining Machinery Ltd. unit in …

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S&P 500 rally is best in five years

Buoyed by strong quarterly earnings reports, the Standard & Poor’s 500 index rallied for a seventh day on Thursday, a five-year peak, Reuters reported. 

The equity market was also boosted by the agreement by Congress to …

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New home sales slip in December

Purchases of new U.S. homes unexpectedly dropped in December, indicating that the U.S. housing rebound will take time to develop after the industry completed its first year of recovery, Bloomberg reported. 

Sales declined 7.3 percent to …

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LWBJ names Juffer as managing partner

LWBJ Financial LLC announced the election of Paul Juffer as managing partner. Juffer, a senior partner and one of the firm’s founders, replaces Marv Debner, who left the firm to take a position with BKD …

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FBL Chief Actuary Russell Wiltgen passes away

FBL Financial Group Inc. announced the sudden passing of Russell Wiltgen, chief actuary – life companies, in Arizona on Wednesday. Wiltgen, 53, is survived by his wife, Annette.

“This is a shocking loss for our …

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Former federal prosecutor to lead SEC

President Barack Obama has nominated former federal prosecutor Mary Jo White to head the Securities and Exchange Commission, Reuters reported. 

White, the former U.S. attorney for the Southern District of New York, is known for …

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Apple’s shares rotten after weak sales increase

Apple Inc. shares fell the most in two years after posting the slowest profit growth since 2003 and weakest sales increase in 14 quarters, Bloomberg reported.

The shares dropped 9.7 percent this morning, the biggest …

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Skywalk Golf Classic to take place Feb. 2

The First Tee of Greater Des Moines will host the Skywalk Golf Classic on Feb. 2.

Participants will play a round of 18 holes and be eligible to win prizes such as a Blue Ribbon …

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