Archive for February 2009
Local stations mixed on delaying digital switch
Congress’ move to delay the transition to digital television has caused mixed reactions at Des Moines stations, with at least two saying they intend to turn off their analog signals on Feb. 17 and another …
Read MoreRetailers’ 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 …
Read MoreTickers: 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 …
Read MoreRatemaking principles set for Marshalltown electric plant
The Iowa Utilities Board (IUB) today decided the rate-making principles to be applied to Interstate Power and Light Co.’s proposed Sutherland Generating Station Unit 4 in Marshall County. The board established a requirement of 10.1 …
Read More$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 …
Read MoreUnemployment 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 …
Read MoreTickers: 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 …
Read MoreLuncheon 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 …
Read MoreWetlands mitigation required for proposed Urbandale development
The Urbandale City Council last week approved a site plan that will allow the creation of a five-acre wetland at Living History Farms.
The project, intended to mitigate the impending elimination of an existing wetland …
Read MoreEarnings 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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