Archive for July 2010
Five grants to support start-ups awarded
Five Iowa businesses in the process of expansion received financial awards from the Economic Development Board and Iowa Department of Economic Development on Thursday.
The awards are part of an effort to help support increased …
Consumer confidence tanks in July
U.S. consumers had quite the mood swing in July.
Consumer confidence hit an 11-month low in July, according to the Thomson Reuters/University of Michigan preliminary sentiment index. The index dropped to 66.5 from 76 in …
Ticker: July 15
The Wall Street reform bill could get a final vote in the Senate as early as this evening. Senate Democrats garnered 60 votes this morning in a procedural vote that pushes the bill toward a …
Read MoreBank seizures up, foreclosure filings down in last six months
Foreclosure filings fell 5 percent in the first six months of 2010, with 1.9 million foreclosures filed on 1.6 million properties, RealtyTrac Inc. announced today.
Although foreclosure filings have started to decline, the number of …
Unemployment benefits claims fall to lowest in almost two years
The U.S. Department of Labor announced today that initial claims for unemployment benefits dropped at the beginning of June, a sign that there were fewer factory closings than expected.
For the week ending in July …
Read MoreLWBJ Financial restructures businesses
LWBJ Financial LLC has sold its Premier Wealth Division and expanded its Capital Advisors Division, the West Des Moines-based financial services firm announced this morning.
With the sale of the wealth division, LWBJ will no …
Read MoreMercy to operate second air ambulance
Mercy Medical Center – Des Moines will expand its air ambulance fleet to two helicopters beginning in November to meet an increasing demand for service, the hospital system announced this morning.
Currently, the Mercy One …
Ticker: July 14
The main entrance to Des Moines International Airport will be closed to southbound traffic on Fleur Drive from Sunday, July 18, through Wednesday, July 21, for resurfacing. Visitors will need to drive to the airport …
Read MoreProposed projects stall as developer waits for tenants
Rich Eychaner is continuing his redevelopment efforts near the intersection of Merle Hay Road and Douglas Avenue as he waits for a spike in retail leasing activity.
The developer, who has been working since the …
Ciao out, Gino’s in at West Glen
After nearly 50 years in business, Gino’s Restaurant & Lounge will open a second location at West Glen Town Center.
Bill McFall, president of Gino’s West Glen, said the Italian steakhouse plans to open the …