Archive for March 2009
Plans for new fire department facilities moving forward with land acquisition
The Des Moines City Council has authorized the acquisition of an East Side property with plans to construct a logistics and training facility for the city’s fire department.
The resolution, which established the fair market …
Read MoreSupervisors aim to decide Events Center fate in next 45 days
The Polk County Board of Supervisors will try to decide in the next 45 days whether to expand the Iowa Events Center by renovating Veterans Memorial Auditorium and moving out of the Polk County Convention …
Read MoreIndex shows American’s spending less, saving more
A weak economy has forced many Americans to re-evaluate their financial status, and according to the most recent Principal Financial Well-Being Index, released today, Americans are spending less and focusing more on their long-term financial …
Read MoreDrake Law School, DMU to offer joint degrees in health law
Recognizing the increasing interrelationships between law and medicine, Drake University Law School and Des Moines University (DMU) have partnered to offer a joint program to prepare graduate students for careers in health law. The program, …
Read MoreTickers: March 11
Iowa’s unemployment rate increased to 4.8 percent in January, compared with 4.4 percent in December and 3.9 percent in January 2008, according to a report released today by Iowa Workforce Development. The total number of …
Read MorePrivate nonresidential construction spending continues to slide
Private nonresidential construction spending in the United States fell 4.3 percent in January compared with December 2008, according to a report released this week by the U.S. Census Bureau.
“The ongoing U.S. recession has become …
Read MoreTransportation Commission approves use of recovery funds
The Iowa Transportation Commission has approved the use of $30.9 million from the American Recovery and Reinvestment Act (ARRA) for transportation and transit projects in Iowa, Gov. Chet Culver announced this morning. Those ARRA funds …
Read MoreBernanke lays out regulatory overhaul strategies
Major overhaul of the nation’s financial regulatory system is needed to strengthen oversight of banks, mutual funds and other large financial institutions and to avoid a similar financial crisis in the future, Federal Reserve Chairman …
Read MoreCommunity banks gain business in tough times
Fifty-five percent of community banks have had an increase in deposits from new customers according to a report by the Independent Community Bankers of America (ICBA) and Aite Group LLC. Seventeen percent reported customers withdrawing …
Read MoreTickers: March 10
Casey’s General Stores Inc. reported net earnings of $14 million, or 28 cents per share, in its fiscal third quarter ended Jan. 31, compared with $13 million, or 26 cents per share, a year ago. …
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