Archive for August 2011
FAA shutdown expected to last weeks
With Congress now adjourned until September, the Federal Aviation Administration (FAA) will be without a budget and partially shut down for at least seven weeks, the Washington Business Journal reported. Without a reauthorization, the FAA …
Read MoreMarsh earnings up 19 percent
Marsh & McLennan Cos. Inc. reported second-quarter net income of $282 million, a 19 percent increase from $326 million reported in the prior year period. Earnings per share increased 16 percent to 50 cents from …
Read MoreHealth exchange official to step down
The official charged with overseeing the creation of U.S. state-based health insurance exchanges is stepping down at a critical juncture for the Obama administration’s health care overhaul, Reuters reported. Joel Ario, director of health insurance …
Read More$67 million in sales tax bonds for schools approved
The Des Moines School Board yesterday approved the sale of approximately $67 million in sales tax revenue bonds in order to proceed with the renovation of more than a dozen schools throughout the city. Plans …
Read MoreBlog: Do you shoot the messenger?
Debt deal could signal end to efforts to spur the economy
The federal government looks to be getting out of the business of trying to spur the economy just as the U.S. expansion shows increasing signs of faltering, Bloomberg reported.
A deal struck over the weekend …
Read MorePawning the Rolex to make payroll
Squeezed by tight credit and tempted by record high gold prices, small business owners are finding an alternative to the bank: the pawn shop.
CNNMoney reported that more than half of the customers at online …
Read MoreFirst dsm Sages Over 70 winners announced
Eight of the Des Moines area’s most respected men and women were selected by dsm magazine to be honored as the first Sages Over 70 winners. The honorees are Robert Burnett, Monroe Colston, Michael Gartner, …
Read MoreDrawn to Google+
Google Inc.’s new social networking service, Google+, reached about 25 million visitors in less than a month, outpacing Facebook Inc. and MySpace in their early days, according to Wedbush Securities, citing ComScore Inc. (SCOR) data, …
Read MoreInternet speeds getting close to advertised rates
Broadband speeds are now significantly closer to what Internet service providers advertise than they were in 2009, according to a study to be released today by U.S. communications regulators, Reuters reported. Cable, DSL and fiber-to-the-home …
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