Archive for April 2012
Obama releases 2011 tax returns
President Barack Obama released his tax returns Friday, which showed a gross income of $789,674 for 2011, CNNMoney reported. His income was down from $1,728,096 the previous year. The family income topped $5.5 million in …
Read MoreAviva may sell its U.S. business
British insurer Aviva plc is seeking bidders for its Aviva USA unit in a move that analysts say would allow it to divest an underperforming annuities operation so it can focus on its Europe businesses.…
Read MoreWells Fargo net income up 13 percent
Wells Fargo & Co., the largest U.S. home lender, reported a 13 percent rise in first-quarter profits, setting a record as the bank made more money on new mortgages and curbed losses from old ones, …
Read MoreDemocratic AGs push for principal forgiveness
Fannie Mae and Freddie Mac need to take the lead in enacting principal forgiveness on mortgage loans, Iowa Attorney General Tom Miller and 10 other Democratic attorneys general said in a letter sent Thursday to …
Read MoreAmes vaccine company honored
Harrisvaccines Inc., an Ames-based pharmaceutical company, received the Iowa Life Sciences Company of the Year award from the Technology Association of Iowa. The 6-year-old company primarily focuses on developing vaccines for diseases affecting animals, including …
Read MoreISU students fund green roof for Memorial Union
Iowa State University will install a green roof on a portion of the Memorial Union building on Friday, using $34,000 in student activity fee funding provided by the university’s student government. The project, in which …
Read MoreLifestyle Change Award nominees sought
The American Heart Association is seeking nominations for its annual Lifestyle Change Award. The award recognizes individuals who have made positive changes to improve their quality of life and health over the past year, such …
Read MoreIowaBiz Blog: “That’s the way things are” is about to change
GUEST OPINION: Credit union bill will increase deficits, not lending
The credit union lobby is at it again. They, and a small band of large bank-like credit unions, are promoting legislation to expand their tax subsidy to large commercial loans. The result would be higher …
Read MoreBERKO: Cogs and cracks in Merrill and Mac
Dear Mr. Berko:
My broker of 14 years is leaving Merrill Lynch with two other brokers from another firm to form their own management business, and they will use Charles Schwab to send statements and …
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