Time for some tough choices

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Dear Mr. Berko:

We have an individual retirement account (IRA) that four years ago was valued at $685,000 and is now worth about $413,000. I’ve enclosed the statements from our adviser, whose office is in …

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Here’s another nice dividend choice

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Dear Mr. Berko:

We own four master limited partnerships (MLPs) that you recommended, and we are happy with the good income (all paid more than 9 percent) and their increase in market values. We have …

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Case closed on a Regency bailout loan


A Polk County judge dismissed a lawsuit earlier this month that was filed to salvage funds from a $25 million loan that was issued in 2007 to save the state’s largest housing contractor.

The Regency …

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Research building at Iowa State open for business

As Iowa State University students and faculty begin research in the Biorenewables Research Laboratory, many of the instruments and other equipment they are using are funded by national corporations.

The facility, the newest building on …

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CPI is flat as consumer attitudes worsen

An increase in food and energy costs pushed overall consumer prices higher last month, but fears of deflation are still alive, Reuters reported.

The core Consumer Price Index (CPI) was flat in August, the U.S. …

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Boal is Miles Capitals new man

West Des Moines-based investment advisory firm Miles Capital Inc. has hired Gregory Boal, former CEO of Aviva Investors North America, as its president and chief investment officer. Boal will lead the investment management and business …

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Golf tournament charity helps kids

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The Principal Charity Classic plans to donate $620,000 to five children’s charities: Blank Children’s Hospital, Bravo Greater Des Moines, United Way of Central Iowa, Variety – The Children’s Charity and the Community Foundation of Greater …

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Senate committee repeals FOIA exemptions

The Senate Judiciary Committee on Thursday unanimously approved bipartisan legislation to repeal exemptions to the Freedom of Information Act (FOIA) for the Securities and Exchange Commission (SEC). Iowa Sen. Chuck Grassley co-sponsored the legislation to …

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