Archive for March 2008
U.S. lost 63,000 jobs in February
The U.S. Labor Department reported today that payrolls fell for the second consecutive month in February, confounding economists’ predictions of an increase in jobs, Bloomberg reported.
Payrolls fell by 63,000, the most in five years, …
Volunteers will unearth the past at Heritage Park site
Archeologists are waiting for the snow to clear before digging for artifacts on property that Living History Farms is selling to a developer.
Tallgrass Historians L.C., a private historical research and environmental consulting firm based …
Principal looks to expand in Mexico
Principal Financial Group Inc. is looking to double its assets under management in Mexico within five years, expecting that people close to retirement will seek higher investment returns, Bloomberg reported.
The company currently has $4.5 …
February retail sales mixed
Though retailers reported mixed February sales results, many beat low forecasts, giving them a little reprieve after one of the weakest January performances in nearly four decades, the Associated Press reported. According to Thomson Financial …
Read MoreRandolph project gets $3.6 million in tax credits
A proposal to rehabilitate the Randolph Hotel at Fourth Street and Court Avenue received tax credits valued at $3.6 million today from the Iowa Finance Authority (IFA).
Harry Bookey’s BHE Acquisitions LLC plans to convert …
GuideOne’s 2007 profits rise
GuideOne Insurance had net income of $62 million last year, up from $49.8 million in 2006, the company announced today. Solid underwriting results, favorable weather and positive reserve development on prior-year claims contributed to the …
Read MorePrivate sector jobs fell last month
According to a private report released today, for the first time in nearly five years, U.S. private employment dropped unexpectedly in February, dealing another blow to a wavering economy, Reuters reported.
The decline of 23,000 …
Prometheus Awards released
The 2008 Prometheus winners are:
Software Companies of the Year:
Small company: T8DESIGN, Cedar Falls Midsize company: MediNotes Corporation, West Des Moines Large company: GeoLearning, West Des MoinesTechnology Companies of the Year:
Small to…Read MoreJordan Creek Town Center attracts investor from New York City
A shopping mall that sits on 200 acres of land and has more than 900,000 square feet of retail space is not only attracting shoppers from Greater Des Moines. It’s attracting out-of-state property investors too. …
Read MoreTwo tenants to relocate and occupy old dealership downtown, add restaurant
Two local firms will join forces to give the vacant Stivers auto dealership a green face lift.
Simonson & Associates Architects LLC and Gilmor & Doyle Ltd. have major green renovation plans for the 24,028-square-foot …