Archive for March 2009
Winnebago’s revenues plummet more than 80 percent
Winnebago Industries Inc. reported an 80.6 percent decline in revenues for its fiscal second quarter, due to less demand for motor homes, increased incentives at dealerships and a greater demand for cheaper vehicles.
Revenues were …
Read MoreFed announces another $1.2 trillion plan to boost economy
The Federal Reserve launched a new $1.2 trillion plan yesterday to boost lending and revive the economy, the Associated Press reported.
The government will spend up to $300 billion to buy long-term government bonds and …
Read MoreTickers: March 19
Yesterday, Moody’s Investors Service cut the ratings on Principal Financial Group Inc. and its subsidiaries under expectations that the volatility in the markets and weaker earnings due to the recession will place greater pressure on …
Read MoreSoutheast connector project prompts relocation of downtown business
Central Wire & Iron will relocate its light industrial manufacturing business from 401 S.E. Fourth St. to make way for the Southeast Connector, which will link West Martin Luther King Jr. Parkway to the U.S. …
Read MoreDowntown Art Park will be ‘pleasant surprise’ to some
Construction of the Pappajohn Sculpture Garden in Western Gateway Park is on schedule and moving forward, said Shane Madison, president of Pinnacle Construction Group.
“We just completed the first of three concrete walls … which …
Read MoreOlder workers are working longer
A survey released today found that 60 percent of workers over the age of 60 are putting off retirement plans and are continuing to work to help offset the lowered value of their long-term savings …
Read MoreCPI experiences biggest jump since July
The Consumer Price Index (CPI) rose 0.4 percent in February after climbing 0.3 percent in January, making it the largest monthly gain since July, the U.S. Labor Department announced today.
About two-thirds of the rise …
Read MoreTickers: March 18
Planned Parenthood of Greater Iowa and Planned Parenthood of Nebraska/Council Bluffs announced they would form a collaboration as a result of the Iowa affiliate entering into a management contract with the Nebraska organization. Greater Iowa …
Read MoreBranding the Chops
Troubled loans soar
Banks’ troubled assets rose 149 percent in 2008, according to an analysis of more than 8,000 U.S. banks’ financial reports to the federal government conducted by MSNBC.com and the Investigative Reporting Workshop at American University …
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