Archive for June 2008

Part of the price tag for Bank of America Corp.’s purchase of Countrywide Financial Corp. are two state lawsuits accusing Countrywide of purposely deceiving borrowers into taking out risky loans they couldn’t afford, the Associated …

Memorial services for Jim Goodman, president and founder of Consumer Ease Inc., have been arranged. The visitation will be held tonight from 5 to 7 p.m. with a vigil service immediately following from 7 to …

World energy consumption is expected to jump 50 percent from 2005 to 2030, largely due to an expanding population and increased economic growth, CNN reported. According to a government report, developed countries are expected to …

Interest groups, government agencies and businesses wined and dined Iowa lawmakers during this year’s legislative session, according to the Associated Press. According to new financial disclosure forms filed with the Iowa Ethics and Campaign Disclosure …

The worst could still be ahead for job cuts in the financial sector, with the world’s largest financial firms cutting as many as 175,000 jobs by this time next year, Bloomberg reported.

Citigroup Inc. plans …

Goldman Sachs & Co. analysts downgraded U.S. financial and consumer stocks, admitting it made a mistake when it upgraded both sectors on May 5, Reuters reported.

Financial stocks have fallen 18 percent since the upgrade …

Spencer-based Cycle Country Accessories Corp., which manufactures all-terrain vehicles, garden tractors and golf carts, said orders for its fiscal third quarter were up 200 percent through mid-June compared with orders received in the year-ago period. …

As Baby Boomers retire, the demand for qualified individuals to fill technical jobs is increasing, the Associated Press reported. According to the U.S. Bureau of Labor Statistics, 854,000 professional IT jobs will be added between …

Flood damage estimates should not be considered as definitive, as many projected numbers are premature and could change with time, Iowa State University’s Regional Capacity Analysis Program (ReCAP) said in a release.

According to “Economic …

Funeral service arrangements for Jim Goodman, president and founder of Consumer Ease Inc., are expected to be determined later today or early tomorrow, said Jenny Condon of Goodman’s office. The time and location will be …