Archive for May 2010
U.S. cost of living drops
The cost of living in the United States fell in April for the first time in more than a year, Bloomberg reported.
According to figures released today by the Labor Department in the Consumer Price …
Ticker: May 19
Johnston-based ALL Fuels & Energy announced yesterday that it has secured an extension of its period of exclusivity in which to negotiate and sign an agreement to purchase an ethanol plant located in the Midwest. …
Read MoreTicker: May 18
Swift Pork Co., Marshall County’s largest employer, is planning a major expansion of its Marshalltown facilities with construction of a $39.6 million Midwestern Distribution Center. Swift’s parent company, Greeley, Colo.-based JBS USA Holdings Inc., has …
Read MoreHousing starts highest since 2008; future uncertain
Despite positive figures for privately owned housing starts, the number of building permits, an indicator of future construction, dropped to its lowest level in six months.
Housing starts rose to a seasonally adjusted annual rate …
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Read MoreRecovery is strong, but out of balance
The U.S. economy may return to its pre-crisis peak next quarter after a recovery that a former Federal Reserve official described as “surprisingly strong, historically weak.”
The advance has “substantially exceeded expectations but remains well …
U.S. securities attract foreign investors
Global demand for long-term U.S. financial assets strengthened in March to a record as investors from China to the United Kingdom purchased the most Treasury securities since November, according to a U.S. Treasury Department report.…
Read MoreTicker: May 17
Nonstop flight service between Des Moines International Airport and Branson Airport in Branson, Mo., kicked off today. The service will operate five days a week – Monday, Tuesday, Wednesday, Friday and Saturday – with a …
Read MoreA Closer Look: Tom Porter
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Read MoreProspering with sticks
Hubbell Realty Co. tossed sticks at the recession to emerge as a dominant player in Greater Des Moines home building.
In this case, sticks are the framework of new buildings, and Hubbell Realty is adding …
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