Archive for May 2009

The U.S. trade deficit expanded to $27.6 billion in March as the global recession cut into export sales, the Associated Press reported.

The March deficit was 5.5 percent higher than February’s revised $26.1 billion trade …

The Polk County Board of Supervisors voted today to move forward with an estimated $40 million renovation of Veterans Memorial Auditorium in an effort to boost Des Moines’ convention business.

The plan calls for adding …

Ames-based Renewable Energy Group announced yesterday that it has entered into agreements with Western Iowa Energy, Central Iowa Energy LLC and Blackhawk Biofuels LLC to consolidate their plants. The combined business is expected to better …

Three companies have announced plans to sell shares in order to repay government bailout funds, after stress tests showed the institutions had enough capital to sustain themselves in a worsened economy without additional aid, Bloomberg …

More companies are freezing employee pension plans, a trend that is likely to continue throughout the year, USA Today reported.

At least 16 companies already have announced plans to freeze pensions this year, compared with …

Principal Financial Group Inc. announced this morning that it is planning a public offering of approximately 42.3 million shares of its common stock, valued at about $1 billion, the Associated Press reported. The Des Moines-based …

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