Archive for March 2009
Stimulus adds uncertainty to lobbying process
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Read MoreAcceptable losses?
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Read MoreConsumers confident, but gloomy
Consumers were more confident in March, but had little expectation that their personal finances would improve any time soon, Reuters reported.
The Reuters/University of Michigan Survey of Consumers said its final index of confidence rose …
Read MoreDeveloper’s wife seeks to shield assets from bankruptcy case
John Kline’s right against self-incrimination does not translate into a right to have his debts forgiven, according to a federal bankruptcy official who moved to stop the developer’s bankruptcy case.
Assistant U.S. Trustee James Snyder …
Read MoreObama administration ready to regulate financial companies
Treasury Secretary Timothy Geithner said sweeping new “rules of the game” are required to make sure the financial system is tightly enough regulated that it cannot again threaten the entire economy, Reuters reported.
The failures …
Read MoreGovernment report shows a shrinking economy
The U.S. economy shrank at its fastest pace since 1982 in the fourth quarter and corporate profits plunged a record $120.1 billion, pulled down by falling consumer spending and exports, the U.S. Commerce Department said …
Read MoreTickers: March 26
Monsanto Co. announced a $10 million grant to establish the Beachell-Borlaug International Scholars Program to identify and support young scientists interested in improving research and production in rice and wheat through plant breeding techniques. Students …
Read MoreInsufficient space could derail restaurant development
A city-owned right of way is at the heart of a debate centered on the proposed construction of a Taco John’s restaurant.
On Monday, the West Des Moines City Council approved a master plan that …
Read MoreRecession’s toll: Tenants signing smaller spaces
The average amount of space being leased by industrial tenants fell to 22,974 square feet in the first quarter of 2009, its lowest level in 10 years, according a report released by Grubb & Ellis …
Read MoreDurable goods orders rise unexpectedly
Orders for durable goods unexpectedly increased 3.4 percent to $165.6 billion in February, the largest gain in more than a year and the first in more than seven months, Bloomberg reported.
Last month’s rise comes …
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