Archive for March 2012
Website names IP Pathways to list of tech elite
Service sector is expanding
The services sector expanded at its fastest pace in a year in February, helped by a gain in new orders and improvements in housing, according to data released today, Reuters reported.
The Institute for Supply …
Read MoreBoom-era speculators will benefit from mortgage assistance
The Obama administration will extend mortgage assistance for the first time to investors who bought multiple homes before the market imploded, helping some speculators who drove up prices and inflated the housing bubble, Bloomberg reported. …
Read MoreStartup Weekend event draws more participants and ideas
More than 100 people attended Startup Weekend at StartupCity Des Moines. More than 40 people pitched business ideas, and out of those ideas participants formed 16 teams with the intent of turning their concept into …
Read MoreBanking Task force wants safe payments system
Two Iowa bankers will help the American Bankers Association (ABA) develop strategies to ensure a strong, safe and efficient payments market. The ABA task force will be led by Jeff Plagge, president of Northwest Financial …
Read MoreNationwide will host hiring open house
Nationwide Mutual Insurance Co. will host a community open house from 10 a.m. to 4 p.m. Wednesday at Stoney Creek Inn in Johnston to recruit employees for a variety of positions, including customer service representatives …
Read MoreManufacturers look offshore for workers
U.S. manufacturers, frustrated by a shortage of skilled American factory workers, are going abroad to find them, CNNMoney reported.
Business for factories has surged recently, creating a huge demand for machinists, tool and die makers, …
Read MoreAIG selling part of stake in AIA Group
American International Group Inc. (AIG) is selling part of its stake in Hong Kong-based AIA Group Ltd. to raise about $6 billion to help the U.S. insurer repay a huge federal government bailout, Reuters reported.…
Read MoreCenturyLink makes a tender offer
CenturyLink Inc. said today that it will seek to extend the average maturity and reduce the average weighted interest rate of its consolidated debt through the combination of a debt tender offer of up to …
Read MoreWho’s the richest of them all?
Carlos Slim, 72, a telecommunications tycoon who controls Mexico’s America Movil SAB, is the richest person on Earth, according to the Bloomberg Billionaires Index, a daily ranking of the world’s 20 wealthiest individuals. His net …
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