Archive for January 2009
Culver pledges sweeping spending cuts, no new taxes
Gov. Chet Culver last night unveiled his plan to cut 6.5 percent in spending from more than 200 state programs to balance the fiscal 2010 budget, while at the same time pledging “we will not …
Read MorePioneer’s parent company reports $629 million loss
E.I. du Pont de Nemours & Co., parent company of Johnston-based Pioneer Hi-Bred International Inc., reported a net loss of $629 million, or 70 cents per share, in the fourth quarter of 2008, due to …
Read MoreTickers: Jan. 27
Iowa’s unemployment rate rose to 4.6 percent in December from 4.3 percent in November and 3.8 percent in December 2007. It remained much lower than the national unemployment rate of 7.2 percent, which was up …
Read MoreNearly 45,000 layoffs announced today
Caterpillar Inc. said today it will cut nearly 20,000 positions, The Home Depot Inc. announced 7,000 jobs will be slashed, Sprint Nextel Corp. plans to lay off 8,000 of its workers, ING Groep NV will …
Read MoreFederal Home Loan Bank will share info with North Dakota
The Federal Home Loan Bank (FHLB) of Des Moines and the North Dakota Department of Financial Institutions announced Friday the signing of a first-in-the-nation information-sharing agreement between a federal home loan bank and a state …
Read MoreTickers: Jan. 26
Bob Vander Plaats today formed a candidate’s committee for a potential 2010 gubernatorial bid, with Jodi Tymeson of Winterset as state chair and former state Auditor Richard Johnson as co-chair. Vander Plaats, the 2006 Republican …
Read MoreYoung Professionals: Chuck Grassley Event
VentureNet Iowa connects start-ups, resources
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Read MorePercival helps investors weather tough economy
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Read MoreBank strategist sees slow ’09, then recovery
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