Discount stores are attractive to investors

Discount and dollar stores have seen a flurry of deal activity in recent months, which should make them a hot commodity, Reuters reported.

Retailers that sell low-priced and close-out goods have little chance of running …

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Transportation commission to discuss issues in Washington

Members of the Iowa Transportation Commission will travel to Washington, D.C., to meet with members of Iowa’s congressional delegation April 6-7, the Iowa Department of Transportation announced today.

Members will discuss federal surface transportation reauthorization …

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Quake could cut global auto production by 30 percent

Parts shortages caused by Japan’s earthquake could reduce global automobile production by about 30 percent, Bloomberg reported.

Research firm IHS Automotive said if parts plants affected by the quake don’t return to operation within six …

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VIDEO: Porsche owner Rich Collins

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Rich Collins, president of The Bearings Group in Urbandale, caught up with Business Record reporter Todd Razor on the Southwest Connector east of the Des Moines River to show off his Porsche 911 SC and …

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VIDEO: Karl Kustom Corvettes

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Business Record reporter Todd Razor took a peek inside Karl Kustom Corvettes shop in Ankeny. Carl Moyer, the 69-year-old owner of Karl Chevrolet in Ankeny, also races trucks with his two sons at the Iowa …

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VIDEO: Bill Kimball Racing

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Bill Kimball, a director of Casey’s General Stores Inc, gave Business Record reporter Todd Razor a quick tour of Grimes in his 2006 Chevrolet Corvette after showing off his racing team’s new supermodified Victory car.…

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Social networks, investors bet on smartphones

Silicon Valley venture capitalists are betting on a new generation of companies that hope to unshackle social networking from personal computers and shift it to cellphones, The Wall Street Journal reported.

On Thursday, Color Labs …

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