Archive for May 2011
Grassley: Enact balanced-budget amendment, cap spending
Sen. Chuck Grassley, who spoke during a breakfast meeting this morning with Greater Des Moines Partnership members in Washington, D.C., told the Business Record that he’d like to see Congress vote on a constitutional amendment …
Read MoreInvestor survey: Cash is hot, commodities not
Global investors have tempered their optimism about the U.S. and world economies and plan to put more of their money in cash and less in commodities during the next six months, a Bloomberg survey found.…
Read MoreIn PayPal we trust – with our money
PayPal, the eBay Inc.-owned online payment system, could be set for a major boost as mobile payment systems start to take off in the next year, a survey by the GfK Group, a German market …
Read MoreJudge dismisses bankruptcy case of a Walters company
A business controlled by developer Randall Walters cannot reorganize its finances under federal bankruptcy laws. Bankruptcy Judge Lee Jackwig dismissed the case of Griz Lee LC after the U.S. trustee overseeing the case said the …
Read MoreWhat’s bad for reputation might be good for business at Goldman Sachs
Wall Street conventional wisdom holds that a sterling reputation is crucial to winning business and keeping clients. Goldman Sachs Group Inc. may be the exception, according to a new Bloomberg survey. Fifty-four percent of respondents …
Read MoreContractors couldn’t keep up with rising costs in April, group says
Contractors recouped a fraction of their costs last month because of rising petroleum and metals prices, according to an analysis of producer price index figures released today by the Associated General Contractors of America. Ken …
Read MoreInnova recognized by pair of charities
Innova Ideas & Services was recently honored by two philanthropic organizations for charitable contributions. Variety – The Children’s Charity recognized Susan Hatten, Innova’s senior business development executive, with a presidential citation at the 2011 Variety …
Read MoreObama: Business community must step up
President Barack Obama urged businesses to “step up” and hire workers, pressing banks and other corporations to do more to help an economy that he said would take “several years” to recover fully, Reuters reported.…
Read MoreApril retail sales up, but not as much as months prior
Sales at U.S. retailers rose in April, reflecting gains at service stations and grocery stores as fuel and food prices climbed, Bloomberg reported.
The 0.5 percent increase was the smallest since July and followed a …
Read MoreMichaels Stores debit card fraud affects stores in Iowa
Two Michaels Stores Inc. locations in Iowa were found to have tampered debit card personal identification number pads, but neither was in the Des Moines area, according to a list released by the company.
The …
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