Archive for August 2011
Justice Department seeks to block AT&T, T-Mobile merger
AT&T Inc.’s proposed $39 billion buyout of T-Mobile USA Inc. hit a roadblock today when the Department of Justice filed a lawsuit to block the deal over concerns that the merger would reduce wireless market …
Read More$3 million benefit expected from Hy-Vee Triathlon
The three-day 2011 Hy-Vee Triathlon, which begins Friday, is expected to have a $3 million economic impact on the area, according to the Greater Des Moines Convention and Visitors Bureau.
“We’re extremely fortunate to host …
Read MorePlanned layoffs decreased in August
U.S.-based employers announced plans to trim 51,114 workers from their payrolls in August, a 23 percent decline from July, when the number of job cuts hit a 16-month high of 66,414, according to a report …
Read MoreMidAmerican completes Pomeroy portion of wind project
MidAmerican Energy Co. announced it has completed the expansion of its wind project near Pomeroy. Thirteen Siemens wind turbines were erected at the site, creating 29.9 megawatts of generation capacity. The 13 units are the …
Read MoreStart Somewhere Walk begins gaining supporters
Nearly 100 1-kilometer walking events have been scheduled as part of the Start Somewhere Walk, organizers announced today. The events, to be held throughout the state on Oct. 7 with a goal of 250,000 Iowans …
Read MoreKorver to keynote annual youth banquet
Serve Our Youth Network (SOY) has invited Klayton Korver, former Drake men’s basketball standout and director of operations for the Kyle Korver Foundation.
and Seer Outfitters in Chicago, to speak at its sixth annual fund-raising …
Read MoreStudy: Pay of 25 highest-paid CEOs exceeded taxes paid
Twenty-five of the 100 highest-paid U.S. CEOs earned more last year than their companies paid in federal income tax, according to a pay study released this morning.
The report from the Institute for Policy Studies …
Read MoreState debit card law interferes with federal law, judge rules
Federal banking law trumps a state law that provides for the processing of debit card transactions and electronic fund transfers, according to a ruling Tuesday in a case brought by an arm of U.S. Bank. …
Read MoreYASH Technologies opens Urbandale support center
YASH Technologies, a technology services and outsourcing company, announced this morning it has opened a development center in Urbandale. The company has hired a mix of full-time staff and contract professionals to fill 30 positions …
Read MoreBaker Group expands in eastern Iowa
Baker Group LLC, a Des Moines-based specialty contractor, announced this morning it has purchased Quint-Co Inc., a building automation systems and services company based in Moline, Ill. With the acquisition, Quint-Co joins Baker Group’s controls …
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