Archive for July 2009

Industrial vacancy rates soared by 120 basis points to 10.7 percent in the second quarter, Grubb & Ellis Co. reported yesterday.

Fueled by the recession’s impact on the retail sales, global trade and the construction …

Construction materials prices inched up 1 percent in June from May, according to the July 14 producer price index report by the U.S. Labor Department.

The prices of crude energy material, natural gas and crude …

Record earnings in E. I. du Pont de Nemours & Co.’s agriculture and nutrition division, which includes Johnston-based Pioneer Hi-bred International Inc., were not enough to offset declines in DuPont’s other business segments in the …

Bradley Long has left Mid-America Group to become vice president of regional operations at Seedorff Masonry Inc.

Long had been with Mid-America since 2003, and in February 2008, became executive vice president of Mid-America Group …

Meredith Corp. has taken a strategic stake in The Hyperfactory, an independent mobile-marketing specialist. The investment will help continue Meredith Integrated Marketing’s transformation toward offering comprehensive marketing services, especially in the digital marketing realm. It …

The nation’s governors, Democrats as well as Republicans, voiced deep concern Sunday about the shape of the health-care plan emerging from Congress, fearing that Washington is about to hand them expensive new Medicaid obligations without …

Just eight months after leaving for a position in Chicago, David Stark will return to Greater Des Moines to become president and chief operating officer of Blank Children’s Hospital and executive vice president of Iowa …

CIT Group Inc.’s board has approved a deal with major bondholders to keep the company out of bankruptcy with a $3 billion rescue loan, the Associated Press reported. The emergency loan gives the commercial lender …