Archive for August 2011
Frontier to provide Des Moines with seasonal flights to Florida
Frontier Airlines announced today that it will provide nonstop seasonal service between Des Moines and Florida.
From December 15 through April 15, passengers can fly from Des Moines International Airport to Orlando International Airport and …
Read MoreA Closer Look: Jeff Tyler
Jeff Tyler moved earlier this year from San Francisco to Greater Des Moines, where he serves as portfolio manager for Principal Lifetime Funds. …
Read MoreTreasuries remain an attractive investment in wake of debt downgrade
Though a lower credit rating should increase the United States’ borrowing costs, yields on U.S. Treasuries dropped today, the first day investors could react to Standard & Poor’s downgrade of U.S. debt, CNNMoney reported.
…
AIG accuses Bank of America of ‘massive fraud’ on mortgage debt
The insurer American International Group Inc. (AIG) is suing Bank of America Corp. to recover more than $10 billion of losses from a “massive fraud” on mortgage debt, deepening the morass of litigation faced by …
Read MoreIPR plans 24-hour classical music stations
Iowa Public Radio plans to acquire KZHZ-FM and KZHC-FM streaming for $1.75 million and operate the stations as a 24-hour classical music service in Greater Des Moines and Madison, Warren, Marion, Clarke, Jasper, Adair, Union …
Read MoreWells Fargo sued over reverse mortgages
Wells Fargo & Co. is ignoring federal rules on reverse mortgages and forcing homes into foreclosure instead of giving heirs a chance to buy them, according to a lawsuit in federal court in California, Bloomberg …
Read MoreRegulators tell banks not to sweat debt downgrade
Federal regulators of banks, savings and loans and credit unions have advised their charges that Standard & Poor’s downgrade of the country’s debt rating will not affect calculations used to determine capital levels, an important …
Read MoreBerkshire Hathaway makes a play for Transatlantic
Warren Buffett’s Berkshire Hathaway Inc. has bid $3.25 billion in an unsolicited offer for Transatlantic Holdings Inc., seeking to break up a deal the target company had reached with another insurer, Bloomberg reported. Transatlantic has …
Read MoreBLOG: United we stand
CISS plans to expand service with new facility
Finally – ground has been broken.
For Central Iowa Shelter & Services (CISS), a July 20 groundbreaking ceremony for the construction of a new facility represents a step in the right direction that was eight …
Read More