Archive for December 2009
VIDEO: Ramada’s new indoor water park
Rossie Williamson gives a brief overview of a new 20,000-square-foot indoor water park at the newly renovated Ramada Tropics Resort & Conference Center. See all the Business Record’s videos.…
Ticker: Dec. 10
Palisade Systems Inc., an Ames-based data-protection software company, has secured $2.6 million in venture funding, the company announced Wednesday. The lead investors in the funding round were DeWaay Investment Partners in West Des Moines, Cedar …
Read MoreAnnuities issuers granted two-year stay on registration rule
A federal appeals court has granted a two-year stay on a controversial rule that would have required insurance companies to register their indexed annuity products with the U.S. Securities and Exchange Commission (SEC) as regulated …
Read MoreSurvey: Job market to hold steady in early 2010
A survey found that the job market won’t be getting any worse, and that comes on the heels of news last Friday that the unemployment level unexpectedly dropped to 10 percent in November from a …
Read MoreObama lays out plan to boost Main Street
President Obama this morning outlined a broad new proposal to try to spur job creation and give more help to Main Street consumers and businesses, CNNMoney.com reported.
In a speech at the Brookings Institution, Obama …
Ticker: Dec. 8
Casey’s General Stores Inc. reported a second-quarter profit of $33.6 million, or 66 cents per share. That’s up from $27.3 million, or 54 cents per share a year ago. Revenue, however, fell to $1.15 billion …
Read MorePrice tag of bank bailout could be trimmed by $200 billion
The Obama administration is expected to slash the estimated cost of the Troubled Asset Relief Program (TARP) by $200 billion, which could help trim the nation’s bloated deficit, CNNMoney.com reported today.
The latest projection, which …
Retail hiring picks up
A monthly survey found that hiring by U.S. discount, grocery, restaurant and specialty chains rose in November to its highest level of the year, signaling that retailers may be anticipating a gradual recovery in consumer …
Read MoreTicker: Dec. 7
Services were held today for Joan Bing Kirke, wife of Greater Des Moines businessman Gary Kirke, who died last Friday at home. She was 65. The Kirkes met in Chicago and were married in 1967. …
Read MoreA Closer Look: Eric Groves
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