Archive for July 2011
New York presses life insurers on death claims
MetLife Inc. and Prudential Financial Inc., the largest U.S. life insurers, are among the companies ordered by a New York regulator to use current Social Security Administration data to determine when death payments are due, …
Read MorePace of downsizing slowest since 2000
The number of planned job cuts announced by American employers increased by 4,297 or 11.6 percent to 41,432 in June. Despite the increase, the overall pace of downsizing through the first half of 2011 is …
Read MoreClement family becomes principal owner of Iowa Speedway
The principal ownership of Iowa Speedway has transitioned from one Iowa family to another. The Clement family of Newton has purchased the automobile race track’s holding company, U.S. Motorsports Corp., from the Manatts family, Iowa …
Read MorePreliminary flood damage assessments to begin
Teams of state, local and federal officials today will begin assessing damage to homes and businesses affected by Missouri River flooding. Representatives from the Iowa Homeland Security and Emergency Management Division, the Federal Emergency Management …
Read MoreVeridian to open second West Des Moines branch
Waterloo-based Veridian Credit Union announced that it will open a second West Des Moines branch this fall. The new office at 1901 E.P. True Parkway will be the credit union’s sixth in Greater Des Moines. …
Read MoreFDA issues proposed supplement guidelines
Federal health officials are seeking to clear up confusion about safety rules for dietary supplements by issuing draft guidelines for when manufacturers need to notify regulators about new ingredients, Reuters reported. The U.S. Food and …
Read MoreDigitaLink: Kristi Knous
Kristi Knous, president and chief operating officer of the Community Foundation of Greater Des Moines, talks about her love of philanthropy. …
Read MoreConsumer credit levels could help lift economy
The average U.S. credit score – a predictor of the likelihood consumers would pay off loans – rose to the highest level in at least four years, Bloomberg reported.
The average score for May was …
Read MoreChain-store retailers expected to report gains thanks to sales
U.S. retailers are expected to report healthy sales gains in June, helped by bargains offered to bring in shoppers, Reuters reported.
Some 25 top chains ranging from Target Corp. and Kohl’s Corp. to JCPenney Co. …
Read MoreLakeside to break ground on hotel addition
Terrible’s Lakeside Casino in Osceola will break ground on a hotel addition on Thursday.
The addition will include 90 rooms and an indoor pool with a sliding glass wall that will be open during the …
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