Archive for March 2011
NetJets to buy up to 120 aircraft from Bombardier
Bombardier Inc said today it will sell as many as 120 aircraft to Warren Buffett’s NetJets Inc., a deal that could be worth more than $6.7 billion and which sent its shares soaring 8.3 percent. …
Read MoreSenate votes to strip down patent reform bill
The U.S. Senate voted on Tuesday to strip controversial provisions out of a bipartisan bill to revamp the patent system and clear a years-long backlog of patent applications. The vote was 97 in favor and …
Read MoreJob cuts increased by 20 percent in February
Employers announced more job cuts in February than in the same month last year, led by a surge at government agencies.
Nationwide, planned firings increased 20 percent to 50,702 last month from February 2010, the …
Read MoreSorensen named chairman of Principal International
As part of its planned succession process, Principal Financial Group Inc. announced that Norman Sorensen, formerly president of Principal International Inc., has been named chairman of Principal International. Luis Valdes, formerly president of Principal International Latin …
Read MoreIndianola voters approve wellness center
Indianola voters yesterday approved the city’s proposed wellness and recreation center project, with 77 percent voting in favor of a $12.5 million bond issue needed to move forward with the project, the Indianola Record-Herald reported. …
Read MoreSurvey: 46 percent unaware of payroll tax break
Many Americans are unaware of the reduction in Social Security payroll taxes that’s increasing their take-home pay this year, according to a survey by the National Foundation for Credit Counseling (NFCC). Nearly half of the …
Read MoreBrown, Hellickson to co-chair Heart Walk
The Des Moines chapter of the American Heart Association has announced its executive leadership team for the 2011 Start! Heart Walk to be held June 18 at the state Capitol. Ed Brown, CEO of the …
Read MoreAIA Iowa elects board members
The Iowa chapter of the American Institute of Architects (AIA Iowa) has elected its 2011 board of directors, which includes three local architects. William Anderson, an architect at Neumann Monson Architects P.C., will serve as …
Read MoreSigned Lease Transactions (Week of Feb. 27)
Lemon Tree Frozen Yogurt has leased 1,580 square feet of retail space at 1805 S.E. Delaware Ave. in Ankeny. The tenant was represented by Dave Mercer of Iowa Realty Commercial. The landlord, Metro North/Ankeny Center …
Read MoreChurch proposes 51,000 s.f. facility in Urbandale
New Hope Assembly of God plans to construct a 50,948-square-foot church building on 7.95 acres at 4425 70th St. in Urbandale. The proposed two-story building, which would supplement the organization’s existing facility at 6800 Townsend …
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