Peregrine Financial Group files for bankruptcy

Cedar Falls-based Peregrine Financial Group Inc., also known as PFGBest, filed to liquidate its assets in a Chapter 7 bankruptcy filing yesterday.

According to Bloomberg, the company listed $500 million in assets and $100 million …

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Iowa commodities broker may have lost $200 million

The Commodities Futures Trading Commission (CFTC) has accused a Cedar Falls-based broker of losing more than $200 million, one day after the founder and chairman was found in his car unconscious from an apparent suicide attempt. 


Yesterday, …

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Des Moines home sales rose in June

Des Moines home sales rose 11 percent in June over May, with a median sale price of $161,700.

The Des Moines Area Association of Realtors announced today that 960 contracts closed in June. 

“At the …

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New Komen director named

The Iowa affiliate of Susan G. Komen for the Cure has named a new executive director.

Roger Dahl, who previously served for 35 years with the American Red Cross, will take over as executive director. …

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CenturyLink to expand in Louisiana

CenturyLink Inc. is expanding its headquarters in Monroe, La., with a new facility to accommodate about 600 to 800 additional employees, according to a release.

The facility is expected to house technology research facilities and additional …

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Spur youth job growth, group says

An international policy group said this morning that governments around the world need to find better ways to spur youth job growth, or young people may earn less over time and negatively affect the economy.…Read More

EU to bail out Spain

The European Union will give 100 billion euros, or about $123 billion, to struggling Spain to keep the nation out of the European debt crisis. 

Finance ministers from nine countries met in Brussels on Monday and announced …

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