McLellan to speak at BIZ luncheon

Drew McLellan, owner of McLellan Marketing Group, will be the speaker at the Business Innovation Zone luncheon, starting at 11:30 a.m. Wednesday at the Greater Des Moines Partnership Building, 700 Locust St. McLellan will speak …

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Liberty Bank reports $9.7 million loss

West Des Moines-based Liberty Bank reported a $9.7 million loss for the quarter ended June 30 as it charged off nearly $16 million in troubled loans and restructured another $8.9 million.

The bank and its …

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We’re shedding debt, a little at a time

The New York Federal Reserve Bank said today that consumer borrowing fell slightly in the second quarter, as Americans shed more of their debt, CNNMoney.com reported.

The report – which looks at mortgages, home equity …

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Taking flight from corporate America

Employees are bidding farewell to corporate America in the hope of finding a more secure, or at least fulfilling, future, according to CNBC.

They are reinventing themselves by starting their own companies or by pursuing …

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Manufacturing down in New York region

Manufacturing in the New York region unexpectedly contracted in August for a third straight month as orders dropped and managers became less optimistic about the future, signaling that the industry that has led the economic …

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U.S. assets lost their luster in June

Global demand for U.S. stocks, bonds and other financial assets weakened in June from a month earlier as the White House and Congress wrangled over raising the debt limit, according to the U.S. Treasury Department, …

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Google girds for battle in smartphone market

Google Inc. said it will buy telephone hardware maker Motorola Mobility Holdings Inc. for $12.5 billion in cash to bolster the adoption of its Android mobile software, Reuters reported.

In its biggest deal to date, …

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