Archive for May 2010
Iowa’s farmland prices on the rise
Farmland prices are rising faster in Iowa than in any other state in the Federal Reserve Bank of Chicago’s district.
The value of “good” farmland in Iowa increased 8 percent from last April, according to …
Ticker: May 26
Kiplinger’s Personal Finance magazine has named Des Moines among its “10 Best Cities for the Next Decade,” the publishing company announced this morning. Des Moines was ranked No. 7 on the list, whose top three …
Read MoreConference chair defends banks’ use of derivatives
A U.S. lawmaker charged with a key role in hammering out a final financial regulation bill said on Tuesday that there is no need to force banks out of the lucrative over-the-counter derivatives business — …
Read MoreBernanke: Maintain central bank’s independence
Federal Reserve Chairman Ben Bernanke stepped up calls to preserve the Fed’s independence today, saying central banks best deliver steady economic growth and low inflation when free from political meddling, Reuters reported.
Bernanke’s comments address …
Retail, restaurants blossom in Western Gateway
Retail space along Locust Street is filling as the economy brightens and the John and Mary Pappajohn Sculpture Park attracts more visitors to the Western Gateway.
Jack Hatch, founder of Hatch Development Group Inc., which …
Local investor to purchase YWCA building
An offer from a private investor to purchase the former YWCA building was accepted Monday night.
William Hunter, president of West Des Moines-based Earlham Savings Bank, said he plans to close on the acquisition within …
Ticker: May 25
The Dow Jones Industrial Average slipped almost 300 points early this morning after a selloff in global markets. The Dow fell to its lowest level since Nov. 4, 2009, amid worries over the European debt …
Read MoreU of I team wins competition predicting drug side effects
A team of researchers at the University of Iowa recently won the Observational Medical Outcomes Partnership Cup challenge, where they used data mining to organize a database of information to better predict the side effects …
Read MoreConsumer confidence continues to rise in May
For the third straight month, consumer confidence has risen in America, according to numbers released Tuesday morning by the Conference Board based in New York.
The group’s confidence index increased to 63.3, up from April’s …
New federal credits will benefit biomedical research firms
A new federal tax credit that will cover up to 50 percent of the cost of ground-breaking biomedical research is good news for NewLink Genetics Corp., an Ames-based biopharmaceuticals company that’s working to develop cancer …
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