Retailers’ initial sales figures down in January

Retailers are reporting a decline in sales in January, but some are beating expectations, MSNBC reported.

According to a Thomson Reuters retail sales tally, seven retailers beat expectations, while five fell short of projections. The …

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Tickers: Feb. 5

Gov. Chet Culver has named Terry Rich to be the Iowa Lottery’s new chief executive officer. Rich will leave his position as CEO of the Blank Park Zoo, which he has held since 2003, pending …

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$500,000 executive pay cap possible

President Barack Obama has expressed frustration with Wall Street executives who have spent large sums of money while at the same time receiving federal bailout funds, and today he is expected to do something about …

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Unemployment rises more slowly in private sector

A report released today states that unemployment rates rose in 98 percent of metropolitan areas across the country in the last month of 2008, CNNMoney reported.

According to the Labor Department, the unemployment rates in …

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Tickers: Feb. 4

Centro and South Union Bakery in the Temple for Performing Arts downtown are closed this week for renovations. Work began Sunday, and Paul Rottenberg, president of Orchestrate Management, which runs the restaurants, said he hoped …

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Luncheon puts ’09 CRE outlook on the table

Four industry experts shared their views on trends affecting the Greater Des Moines commercial real estate market at the Institute of Real Estate Management’s annual market survey update luncheon last week.

The panel discussion, moderated …

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Earnings down, Rockwell will cut 500 jobs

Cedar Rapids-based Rockwell Collins Inc. reported slight declines in sales and profits in its first fiscal quarter ended Dec. 31 and announced that it will lay off 500 employees over the next few weeks. The …

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