Archive for February 2009

The Iowa Power Fund Board this afternoon approved a $14.75 million contract to assist POET LLC in developing a commercial-sized cellulosic ethanol plant, state officials announced this afternoon.

The Sioux Falls, S.D.-based ethanol producer plans …

Stocks were up this morning despite more economic data that shows the United States is falling deeper into a recession.

As of 11:05 a.m., the Dow Jones industrial average was up 62.36 points to 7,333.25. …

The production of advanced biofuels could result in more than 800,000 jobs by 2022, according to a report released yesterday by the Biotechnology Industry Organization (BIO), the Associated Press reported. However, a lot of the …

American Equity Investment Life Holding Co. reported fourth-quarter operating income of $15.6 million, or 29 cents per share, compared with $17 million, or 29 cents per share, in the year-earlier period. For the entire year, …

The price of construction materials edged downward for the fourth consecutive month, falling 0.3 percent from December to January, according to a recent producer price index report released by the U.S. Labor Department.

Citing “extraordinarily …

Potential home buyers are still on the fence about purchasing a house, and as a result, sales of previously owned homes plunged last month, Bloomberg reported.

From December to January, sales of existing homes fell …

Des Moines-based IPC Inc. announced yesterday that it would merge its staff and resources with JW Peters Inc. of Burlington, Wis.

The two concrete producers are owned by Elk River, Minn.-based Cretex Cos. and have …

A union alliance is claiming that Principal Financial Group Inc. should be denied government funds from the Troubled Asset Relief Program because of its lobbying activity, which includes efforts to defeat a pro-labor initiative and …