Archive for October 2009

Fears that consumers might cut their spending heading into the fourth quarter were further fueled today, following the release of an U.S. Commerce Department report.

U.S. consumer spending fell 0.5 percent in September, the first …

The John and Mary Pappajohn Sculpture Park was featured today in a New York Times article by Betsy Rubiner. The article titled ‘Cure for urban blight: Plant lots of sculpture’ focuses on the positive effect …

Meredith Corp. today reported earnings per of 18.3 million, or 40 cents per share in tis fiscal 2010 first quarter which ended Sept. 30, down from $18.6 million, or 41 cents per share, a year …

Despite the increase in the country’s gross domestic product, the labor market continues to struggle more than analysts had expected.

For the week ended Oct. 24, there were 530,000 initial unemployment claims filed, down 1,000 …

The four-quarter losing streak is over – but is it over for good?

The United States’ gross domestic product grew at an annual rate of 3.5 percent in the third quarter, which ended a four-quarter …

The Federal Deposit Insurance Corp. (FDIC) is warning businesses and consumers to beware of phishing e-mails asking recipients to download and open a “personal FDIC insurance file” to check their deposit insurance coverage. These e-mails, …

Principal Financial Group Inc. and Banco do Brasil SA have signed a memorandum of understanding that would extend Principal’s pension joint venture with the bank for the next 23 years.

Under the terms of the …

The U.S. Treasury Department is in talks with GMAC Financial Services Inc. about a possible third infusion of cash into the company, an Obama administration official confirmed on Tuesday night, Reuters reported.

The official declined …

Hubbell Realty Co. continues to explore a number of options for its West End Lofts project, which now include selling the property.

“A few months ago, we decided to go ahead and put a price …

It’s becoming more common for lenders to require the collateralization of existing and proposed buildings in large-scale commercial and residential developments by some real estate associated with each project.

The stricter lending guidelines have led …