Archive for July 2009
Kraft has the right recipe for the long run
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Read MoreSolid Iowa native needed to balance Obama’s books
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Read MoreInfluence should not be for sale
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Read MoreIowa’s towns keep shrinking
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Read MoreNational lender wants to sever a Regency life rope
Bank of America has filed a lawsuit to foreclose on a $26.5 million loan that was to provide a rescue line for Regency Homes prior to its collapse in 2008.
The lawsuit, which was filed …
U.S. unemployment rate inches up to 9.5 percent
The nation’s unemployment rate inched up to 9.5 percent in June as employers shed 467,000 jobs.
The layoffs were more than the 363,000 economists expected, according to the Associated Press, a sign that the economy …
Ticker: July 2
Wellmark Blue Cross and Blue Shield has ended contracts with 37 of its information technology consultants as it puts on hold several projects that require IT resources. It began ending contracts with consultants last week …
Read MoreNew Gannett layoffs will hit Register
The Des Moines Register will be affected by the 1,400 job cuts Gannett Co. Inc. announced across its U.S. community publishing division today.
The job cuts will affect 80 local dailies, including the Register and …
Economic data mixed
Several government reports are providing mixed signals about the prospects for economic recovery.
The National Association of Realtors’ seasonally adjusted index of pending sales rose by 0.1 point to 90.7 in May, the fourth straight …
Number of announced job cuts in June falls under 100,000 mark
Employers announced 74,393 job cuts in June, the first time since September 2008 that the monthly tally was less than 100,000, according to figures from Challenger, Gray & Christmas Inc.
The figure was 9 percent …