Archive for May 2011
Some indicators point to ‘sluggish’ start to quarter
U.S. factory output slipped for the first time in 10 months in April as a shortage of parts from Japan slowed activity while home building slumped, showing the economy got off to a weak start …
Read MoreProfessional-networking site LinkedIn raises potential valuation
LinkedIn Corp., the largest professional-networking website, increased the price range for its initial public offering (IPO), lifting the company’s potential valuation to as much as $4.25 billion, Bloomberg reported.
The company is offering 7.84 million …
Read MoreConstruction indicator improves in first quarter
Associated Builders and Contractors reported today that its Construction Backlog Indicator (CBI) for the first quarter of 2011 averaged 7.3 months, up from 6.1 months a year earlier, an increase of 21 percent. CBI measures …
Read MoreGoogle sued in overtime pay dispute
A Nebraska woman says in a federal lawsuit that Google Inc. and two other companies owe her for overtime hours she worked as a facilities coordinator at the Internet behemoth’s Council Bluffs data center.
Michele …
Read MoreBoswell to speak at DART groundbreaking
The Des Moines Area Regional Transit Authority (DART) announced today that Congressman Leonard Boswell and Mokhtee Ahmad, a regional administrator for the Federal Transit Administration, will make remarks at Friday’s groundbreaking ceremony for DART’s new …
Read MoreWilliam Penn prepares to send supplies to Afghanistan
William Penn University’s College for Working Adults will send off hundreds of buckets of food, school supplies, notes and clothing to children in Afghanistan tomorrow.
Headed by university instructor Rob Elgin, volunteers and local businesses …
Read MoreWest Des Moines Chamber to hold morning networking event
The West Des Moines Chamber of Commerce will hold a Breakfast B4 Business event from 7:30 to 8:30 a.m. tomorrow at Great Southern Bank, 3900 Westown Parkway. The breakfast is free.
To register, send an …
Read MoreSurvey: Midsize companies expect workforce, sales growth
Small and midsize companies plan to increase their work forces by an average of 6 percent in the next year as confidence strengthens in an economic rebound, Bloomberg reported.
Survey results released today by General …
Read MoreMedicare overhaul plan highlights division
Rep. Paul Ryan’s plan to overhaul Medicare has caused a rift in the Republican Party and has led Democrats to seek political momentum with the issue, The Wall Street Journal reported.
Republican presidential contender Newt …
Read MoreAviva releases first-quarter numbers
Aviva plc announced a 20 percent decrease in first-quarter life insurance and pension sales in its North America division, with results of $1.26 billion compared with $1.57 billion in the first quarter of 2010.
General …
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