Archive for September 2009
Ticker: Sept. 17
Hubbell Homes wrapped up its “Nine Homes in Nine Days” construction project yesterday afternoon with a ribbon-cutting ceremony at the site on 21st Street south of Forest Avenue. More than 200 sponsors and 2,000 volunteers …
Read MorePoll: 86 percent of Americans believe country is still in recession
Americans’ optimism about the economy doesn’t quite match the optimism of the chairman of the Federal Reserve.
A CNN/Opinion Research Corp. survey found that 86 percent of those questioned said they think the United States …
U.S. housing starts climb; still well below 2008
U.S. builders broke ground in August on the most houses in nine months, according to a Census Bureau report released today.
Privately owned housing starts in August were at a seasonally adjusted annual rate of …
Baucus unveils health-care bill details
Democratic U.S. Sen. Max Baucus unveiled an $856 billion health-care overhaul today that would dramatically revamp insurance rules but does not include the government-run health coverage backed by liberal Democrats, Reuters reported.
Baucus, chairman of …
Ticker: Sept. 16
Midland National Life Insurance Co. plans to move its West Des Moines-based annuity division at 4601 Westown Parkway into a larger vacant building in the city early next year. The private company, based in Sioux …
Read MoreCold Stream’s anchor project put on hold
In June, the Des Moines City Council approved in June the preliminary terms of a development agreement for the build-out of Cold Stream Business Park.
CFI Tire Inc. was slated to be the first business …
Ruhl & Ruhl president and property manager remodel former cinema
Kurt Mumm, president of Ruhl & Ruhl Commercial Co.’s West Des Moines office, and Tom Knapp, a Ruhl & Ruhl property manager, have purchased the former Silver Cinema property with plans to renovate the building.…
Read MoreTicker: Sept. 15
Updated: 11:40 a.m.
Iowa Telecommunications Services, Inc.’s board of directors declared a quarterly dividend of 4.05 cents per share on common stock, the company announced today. The dividend is payable on Oct. 15 to shareholders …
Retail Sales surge in August
Retail and food services sales surged in August, jumping 2.7 percent during the month in comparison to July’s decline of 0.2 percent, according to a U.S. Census Bureau advance estimate of U.S. retail and food …
Read MoreH1N1 flu boosts charter plane operators
The H1N1 flu pandemic is boosting demand for private travel on charter planes, as many executives seek to avoid crowded aircraft, Bloomberg reported today.
The charter business has revenue of about $33 billion a year …