Archive for April 2012
Economists predict short-lived hiring slump
The March setback in hiring will prove temporary as the U.S. economy, in its third year of expansion, now is better equipped to overcome a slowdown in Europe and rising fuel costs, according to economists, …
Read MoreMidwest manufacturing continues to advance
The Federal Reserve Bank of Chicago’s Midwest Manufacturing Index increased 1 percent in February, to a seasonally adjusted level of 91.7. Revised data show the index was up 2.1 percent in January.…
Read MoreAOL selling patents to Microsoft
AOL Inc. said it would sell more than 800 of its patents and related applications to Microsoft Corp. and would grant Microsoft a non-exclusive license to the patents it retains, for slightly over $1 billion …
Read MoreSony could cut 6 percent of its work force
Sony Corp. plans to reduce its work force by an estimated 10,000 jobs, or about 6 percent of its global work force, as part of new CEO Kazuo Hirai’s restructuring plan, MarketWatch reported. The payroll …
Read MoreIowaBiz Blog: Her name was Dorothy
Largest events coming to the metro area, week of April 16
Judge says some DeWaay investors have to wait their turn
A Decatur County judge has refused to terminate a temporary restraining order that blocks DeWaay Financial Network LLC clients from continuing with arbitration hearings in an attempt to collect millions of dollars they claim to …
Read MoreSalisbury House Foundation announces new leaders
The Salisbury House Foundation announced that J. Eric Smith will be the organization’s new executive director and Cyndi Pederson will be the deputy executive director.
Smith has more than 26 years of leadership experience in …
Read MoreJackson Pollock piece now on display at Des Moines Arts Center
American artist Jackson Pollock’s “Mural” is now on display at the Des Moines Arts Center. The piece is on loan from the University of Iowa Museum of Art and will be on display until July …
Read MoreJ.C. Penney to cut 1,000 jobs
J.C. Penney Co. Inc. plans to lay off about 1,000 employees at its headquarters in Plano, Texas and at its Pittsburgh customer call center, Reuters reported. The plan is part of its previously announced cost-cutting …
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