Archive for August 2009

Des Moines remained relatively unscathed during a rash of manufacturing job losses that caused 92 of the top 100 labor markets to suffer massive job losses in the manufacturing sector between 2004 and 2009, according …

Carmel, Ind.-based Pedcor Investments LLC is requesting preliminary plat and site plan approval for a 13-building apartment complex on the northwest corner of 88th Street and Bridgewood Boulevard in West Des Moines. The developer is …

Billionaire Warren Buffett was in town last week to help dedicate the newly expanded and remodeled Homemakers Furniture in Urbandale. Buffett, whose Berkshire Hathaway Inc. owns Homemakers, as well as Nebraska Furniture Mart, spoke on …

Marsh & McLennan Cos. Inc. reported a second-quarter net loss this morning, partly due to a write-down of the value of its security consulting business. The net loss of $193 million, or 37 cents a …

Kyle Krause has been selected to serve as chairman of the Community Foundation of Greater Des Moines Board. Krause, the president and CEO of Kum & Go L.C., has served as vice chair of the …

American Equity Investment Life Holding Co. on Tuesday reported record annuity sales of $1.1 billion during the second quarter. The West Des Moines-based company, which is a leading underwriter of fixed-rate and fixed index annuities, …

Many major automakers reported a rise in July auto sales, thanks to a spike in demand as a result of the governments Cash for Clunkers program, cnnmoney.com reported today.

Compared with June’s figures, Ford Motor …

U.S. consumer spending rose 0.4 percent in June, slightly more than expected, despite personal incomes suffering their biggest decline in 4 1/2 years, Reuters reported Tuesday.

Market expectations were for a 0.3 percent spending increase …

More than $7.2 million in funding was awarded to Iowa to help in the state’s recovery from 2008 flooding by the Federal Emergency Management Agency (FEMA), Sen. Chuck Grassley said Monday. The funding, which came …