Archive for August 2011
Fitch rates U.S. high after debt deal
Fitch Ratings said today the agreement to raise the borrowing capacity of the United States means the risk of a sovereign default is “extremely low” and commensurate with a AAA rating. However, Fitch pointed out …
Read MoreTough nuts to hack
The National Security Agency (NSA) has a challenge for hackers who think they’re hot stuff: prove it by working on the “hardest problems on Earth.”
Computer hacker skills are in great demand in the U.S. …
Read MoreConsumer spending drops
Consumer spending unexpectedly dropped in June for the first time in almost two years as a slump in hiring caused households to retrench, Bloomberg reported today after the release of a government report.
Purchases decreased …
Read MoreSouthwell to retire from Wellmark
Dave Southwell, executive vice president, chief financial officer and treasurer at Wellmark Blue Cross and Blue Shield, will retire in September, with David Brown succeeding him in the positions, the company announced today. Southwell has …
Read MorePrincipal reports quarterly earnings of $237 million
Principal Financial Group Inc. reported operating earnings of $237.3 million for the second quarter of 2011, compared with $190.4 million for the same period last year. Operating earnings per share were 73 cents, compared with …
Read MoreLearn how the Megabus brand evolved
Mike Alvich, vice president of marketing for Coach USA, will discuss how his company built the Megabus brand from 11:30 a.m. to 1 p.m. Wednesday at the Hilton Garden Inn in Johnston. The presentation is …
Read MoreDebt debate was an expensive spat
The debt ceiling debacle has cost U.S. taxpayers more than $1.7 billion – the amount of additional interest the government had to pay investors Monday to sell U.S. Treasury bills that finance its operations, CNNMoney …
Read MoreYPC says register now for nonprofit forum
The Young Professionals Connection (YPC) is encouraging interested organizations to submit registrations for the 2011 Nonprofit Forum on Sept. 22 at Jasper Winery. Space is limited for the event, which is free, the YPC said. …
Read MoreBlog: Five Powers of Clear Purpose
Manufacturing index at lowest level in two years
The Institute for Supply Management’s factory index fell to 50.9 in July, the lowest reading in two years.
The index was 55.3 in June. A reading above 50 signals expansion, but the 50.9 reading was …
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