Archive for October 2008
Executive Profile: Steve Bruere
Describe your transition from college student to CEO.
I graduated from UNI on a Saturday and started working for Peoples Co. on a Monday. I knew I wanted to work for a small real estate …
U.S. stocks up in early trading
U.S. stocks rebounded this morning after the Dow Jones industrial average fell by more than 200 points yesterday and world stocks closed up, the Associated Press reported.
The market winner in Europe was Germany’s DAX, …
Whirlpool to eliminate 5,000 jobs
Whirlpool Corp. will cut about 5,000 jobs after its North American sales fell 7 percent in the third quarter due to waning demand.
In its third-quarter earnings release, the company that acquired Newton-based Maytag Corp. …
Tickers: Oct. 28
The U.S. Small Business Administration approved 741 loans to small businesses in Iowa in the 2008 fiscal year ended Sept. 30, compared with 822 in the prior year. However, the total loan amount increased to …
Read MoreTickers: Oct. 27
John Bucksbaum resigned on Sunday as CEO of Chicago-based General Growth Properties Inc., developer of Jordan Creek Town Center in West Des Moines, and this morning the company announced that it will put several of …
Read MoreStocks decline worldwide
Shares in Japan have fallen to their lowest level in 26 years, as fears of a global recession plague global markets, CNNMoney.com reported.
Japan’s Nikkei index closed its session 6.4 percent lower, which marks the …
$700 billion bailout ready to begin
The federal government will start distributing funds from its $700 billion bailout package this week to nine major banks and 10 regional banks, according to a CNNMoney.com article.
The government announced this morning that it …
Smith sees growth in real estate
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Read MoreEducation Collaborative still in incubation period
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Read MoreCoworking: a new concept in office design
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