Archive for March 2008
Iowa banking superintendent to Congress: Widespread failures not expected
Iowa banking superintendent to Congress: Widespread failures not expected
Iowa Superintendent of Banking Thomas Gronstal told the U.S. Senate Banking, Housing and Urban Affairs Committee today that the problems the banking industry currently faces primarily …
Bernanke calls for more action to prevent foreclosures
Today Federal Reserve Chairman Ben Bernanke called for greater efforts to prevent more homeowners from reaching foreclosure, such as having lenders reduce the principal on home loans, the Associated Press reported.
“Reducing the rate of …
Oil prices retreat in early trading
Oil prices have fallen slightly from record territory after reaching nearly $104 a barrel yesterday, as the Organization of the Petroleum Exporting Countries is expected to decide to hold output steady at its Wednesday meeting, …
Read MoreWells Fargo records $39 million loss
Wells Fargo & Co. said on Friday that it has recorded a $39 million loss tied to some complex debt that has lost value and which is held by its money market mutual funds, Reuters …
Read MoreIBC economic outlook holds steady
Iowa companies projected increased sales and employment levels for the next six months, according to the Iowa Business Council Economic Outlook Survey Index released today. The overall index remained at 66.3 for the second consecutive …
Read MoreDomini finds creativity and the arts in Des Moines
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Read MoreECS helps companies handle workers’ comp
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Read MoreIowa’s Research Activities Credit under scrutiny
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Read MoreInnovative New Yorker shakes up private club
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Read MoreCentral Iowa real estate faces challenges in 2008
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