Archive for August 2011
Is Groupon successful? Depends on the accounting method
Times aren’t as good as originally thought for Groupon Inc., CNNMoney.com reported.
The daily deal website yesterday updated its initial public offering (IPO) filing to show that it incurred a $420 million operating loss for …
Read MoreJurgens to forgo Partnership chair
Hy-Vee Inc. CEO Ric Jurgens, who will co-chair the Healthiest State initiative announced Wednesday by Gov. Terry Branstad, said he took himself out of consideration for the chairmanship of the Greater Des Moines Partnership when …
Read MoreFinalists selected in Pappajohn competition
Seven businesses have been selected as finalists in the 2011 John Pappajohn Iowa Business Plan Competition.
Finalists are Coralville-based CQM Systems LLC, Iowa City-based FxRedux Solutions LLC, Ames-based M&S FlowMatics, Iowa City-based Radiology Protocols, Iowa …
Read MoreState to receive money for railroad repair
Sen. Tom Harkin today announced that Iowa will receive $773,353 in grants for the repair and rehabilitation of flood-damaged railroad infrastructure.
The funds will come from the Iowa Department of Transportation through the Flood Damage …
Read MoreDrake football players to share stories from Africa trip
Members of the Drake University football team will share stories from the team’s trip to Africa at a public presentation on Aug. 25. The free event will take place at 7 p.m. in the Olmsted …
Read MoreMeredith to take iPad subscriptions for Better Homes and Gardens
Meredith Corp. announced today that iPad editions for Better Homes and Gardens, Parents, and Fitness magazines are available for sale on a subscription basis beginning with the September 2011 issues.
Annual and monthly subscriptions range …
Read MoreGovernment efforts lead to decline in foreclosure filings
U.S. foreclosure filings dropped 35 percent last month to the lowest level in almost four years as lenders and state and federal agencies increased efforts to keep delinquent borrowers in their houses, Bloomberg reported.
According …
Read MoreJobless claims down, other factors not so positive
The number of Americans making new claims for jobless benefits dropped to a four-month low last week, a sliver of hope for an economy that has been hit with a credit downgrade and falling stock …
Read MoreStock index shows $2.8 trillion loss since late July
The Wilshire 5000 Total Market Index has lost $2.8 trillion in value since the stock market slide began on July 22, CNNMoney.com reported.
Some $600 billion of that was lost on Wednesday, when the index …
Read MoreWells Fargo names Hayden to health-care position
Wells Fargo Insurance Services USA Inc. has named Thomas Hayden as senior vice president and Midwest health-care practice leader.
Hayden will coordinate brokerage team efforts in delivering product knowledge and risk management consultation to Midwest …
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