Consumer spending slowed in April

Consumer spending slowed in April as income gains weakened, a sign the biggest part of the economy may be faltering.

The 0.2 percent rise in spending followed a 0.4 percent increase in March, the U.S. …

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Business Tickers: May 30

A lawsuit filed this week in Polk County District Court seeks $871,202 in principal and accrued interest on a $1.5 million note issued in 2002 to Westwood Partners L.C., whose president at the time was …

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Wellmark breaks ground for new headquarters

About 200 invited business and government leaders joined Wellmark Blue Cross and Blue Shield officials in a groundbreaking ceremony this morning for the company’s new corporate headquarters near Western Gateway Park.

The five-story, 550,000-square-foot building, …

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Business Tickers: May 28

Orders for durable goods, excluding automobiles and airplanes, unexpectedly rose in April, signaling that demand from abroad may be helping factories ride out the housing-led economic slowdown, the U.S. Commerce Department said today. Excluding transportation …

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Residential project hits a lending snag

A Des Moines developer claims it was forced to stop work on a residential construction project in southeast Des Moines after Legacy Bank terminated a loan.

DRC Land and Development LLC said in a lawsuit …

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