Archive for February 2011
Intel CEO Otellini named to Obama’s job council
Intel Corp. CEO Paul Otellini will be named to a panel of experts advising President Barack Obama, according to Reuters. Otellini will join Obama’s Council on Jobs and Competitiveness, created in January to focus on …
Read MoreSBA announces commercial real estate refinancing loans
The U.S. Small Business Administration (SBA) announced Thursday that it will make up to $15 billion available through a new, temporary loan program over the next two years. The loans are designed to assist small …
Read MoreTime Inc. CEO Griffin out after 5 months
Jack Griffin, chairman and CEO of Time Inc., is leaving the company after only five months on the job, AdvertisingAge reported. Griffin, who before joining the Time Warner magazine division in September had been president …
Read MoreCumulus negotiating purchase of Citadel
Cumulus Media Inc. is negotiating to purchase Citadel Broadcasting Corp, the nation’s third-largest radio broadcaster, The Wall Street Journal reported.
The proposed deal, valued at more than $2.4 billion, would create a combined company with …
Read MoreYPC event to focus on leadership programs
On Feb. 23, the Young Professionals Connection will host a luncheon aimed at helping young professionals learn about various leadership programs in the metropolitan area. The event, which is scheduled to take place from 11:45 …
Read MoreRMI declines as growth slows
The Rural Mainstreet Index (RMI) declined to 55.3 in February from 59.3 the prior month. But the economic indicator, which was based on a survey of bank CEOs in a 10-state region including Iowa, is …
Read MoreFBL declares quarterly dividend
FBL Financial Group Inc.’s board of directors has declared a quarterly cash dividend of $0.0625 per share to owners of Class A and Class B common stock. The dividend will be payable on March 31 …
Read MoreBJ’s Wholesale Club
Dear Mr. Berko:
Please give me your thoughts on BJ’s Wholesale Club. Why is the stock making new highs when earnings seem to be in a rut? Also, does BJ’s Wholesale also own BJ’s restaurants? …
Read MoreIowa can afford preschool
The discussion about the growing debt at all levels of government has really stretched its wings lately. The latest headlines indicate that policy-makers are developing ways by which states may extricate themselves from burdensome financial …
Good news for Nollen Plaza
Sociologists predicted that it would be a long time before anyone found a silver lining in the Great Recession, but they were wrong. At a presentation about the plan for overhauling downtown’s Nollen Plaza, someone …