Archive for February 2011
CB Richard Ellis profit surges
CB Richard Ellis Group Inc. reported a fourth-quarter 2010 profit of $95.1 million, or 30 cents per share, compared with $64.3 million, or 21 cents per share, for the year-earlier period. The Los Angeles-based company, …
Read MoreSmith to revisit Nollen Plaza
Ken Smith, an Iowa State University graduate who went on to establish his own landscape design firm in New York City, will visit Des Moines to receive community feedback and share updated plans for the …
Read MoreConstruction unemployment jumps
The unemployment rate for construction workers jumped to 22.5 percent in January as the industry’s nonresidential sector shed 35,300 jobs, according to an analysis of federal employment data by the Associated General Contractors of America. …
Read MoreSigned Lease Transactions (Week of Feb. 6, 2011)
TECO Westinghouse Motor Co. has leased 54,000 square feet of warehouse space at 5701 N.E. 17th St. in Des Moines. The tenant was represented by Morey Knutsen of CB Richard Ellis/Hubbell Commercial. The landlord, Papa’s …
Read MoreMomentum builds for budget compromise
Momentum appears to be building toward a grand compromise on reducing the budget deficit that could be based on recommendations from President Barack Obama’s debt commission, according to The Hill.com.
Senate Democrats will hear a …
Read MoreSmall business owners express increased confidence
Confidence among small U.S. business owners rose to a three-year high in January, but concerns about sales saw owners remain cautious about hiring and spending plans, a survey by the National Federation of Independent Business …
Read MoreGlobal Spectrum names new Iowa Events Center manager
Global Spectrum has named Chris Connolly as the new general manager of the Iowa Events Center. Connolly previously managed the Roanoke Civic Center, a Global Spectrum-managed property in Roanoke, Va., and has 12 years in …
Read MoreCEO turnover declined in January
Though chief executive officer turnover declined in January, several prominent companies, including Google Inc., eHarmony Inc. and Advanced Micro Devices Inc. were among those announcing leadership changes during the month. A total of 96 CEO …
Read MoreGrassley seeks tighter controls on government charge cards
Federal employees would be blocked from buying everything from the services of prostitutes to the literal kitchen sink on their government charge cards under new legislation being introduced by Sen. Chuck Grassley, Radio Iowa reported. …
Read MoreWells Fargo to reimburse for fees after ATM outage
Wells Fargo & Co. said it will reimburse customers who incurred fees at other banks’ automated teller machines after Wells Fargo’s network of 12,000 ATMs crashed Monday afternoon. A Wells Fargo spokeswoman told the Minneapolis-St. …
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