Archive for February 2011
A bonus for GM workers
General Motors Co. will pay bonuses of at least $4,000 each to its factory workers, the largest bonuses the automaker has ever paid its blue-collar employees, CNNMoney.com reported. Before this, the biggest bonus GM paid …
Read MoreObama budget would cut deficit by $1.1 trillion
President Barack Obama proposed a budget today that would cut the U.S. deficit by $1.1 trillion over 10 years, setting the stage for a bitter fight with Republicans who vow even tougher spending controls, Reuters …
Read MoreShoppers get physical on smartphones
A majority of the respondents to an Adobe Systems Inc. survey – 62 percent – said they have bought physical goods from their smartphone devices in the last six months, Mobile Commerce Daily reported.
The …
Read MoreUnited Fire reports earnings
United Fire & Casualty Co. said today that it had net income of $9 million, or 35 cents per share, for the quarter ending Dec. 31, 2010, compared with $1.7 million, or 7 cents per …
Read MoreGovernor, attorney general to speak at credit union conference
Gov. Terry Branstad and Iowa Attorney General Tom Miller will be the keynote speakers at the Iowa Credit Union Legislative Issues Conference on Tuesday at the Embassy Suites on the River in Des Moines. Branstad …
Read MoreValentine’s Day means Groupon has to say it’s sorry
Groupon made fresh arrangements this weekend for consumers who were upset about a Valentine’s Day flower deal, the New York Post reported. The coupon site and FTD Group are offering refunds after getting complaints that …
Read More$48.5 million in research tax credits issued in 2010
The state of Iowa issued nearly $48.5 million in Research Activities Tax Credits in 2010, which was six times the dollar amount of credits issued in 2009, according to a report released last Friday by …
Read MoreVideo: A Closer Look – Rob Kelly
Rob Kelly is the president of the Make-A-Wish Foundation of Iowa. He discusses what Make-A-Wish does in the area and the support it has gotten in Greater Des Moines.…
Read MoreStudy: Market concentration high among health insurers
Most of Iowa’s metro areas are controlled by one or two health insurers, to the detriment of physicians and consumers, according to a study by the American Medical Association (AMA).
These findings were derived …
Consumer confidence up, Reuters survey says
U.S. consumer sentiment rose to an eight-month high in early February, according to consumer surveys from Thomson Reuters and the University of Michigan, but long-term worry still exists.
The consumer sentiment index reading was 75.1 …
Read More