Archive for August 2012
Business Record: August 17, 2012
BERKO: Eminent domain could fuel the ultimate boondoggle
Dear Mr. Berko:
Could you explain the new federal mortgage program using eminent domain to buy mortgages deeply below their current balances and then refinance them with a government guarantee at lower principal amount at …
Read MoreBERKO: Value Line and convertibles
Dear Mr. Berko:
Could you explain convertible bonds to me? I know some of them pay very high yields, and I would like to invest in them, but my broker knows nothing about this kind …
Read MoreBY THE DOLLARS: Back-to-school spending up
The National Retail Federation (NRF) estimates that parents will spend 14 percent more this year on back-to-school spending than they did last year. Combined K-12 and college back-to-school spending will reach $83.8 billion, making it …
Read MoreGreater Des Moines to be lead market for nicotine gum product
Some Greater Des Moines convenience and grocery stores will be the first in the country to sell Zonnic, a new nicotine replacement therapy gum being rolled out by Niconovum USA, a subsidiary of the second-largest …
Read MoreWorkplace study: Men and women equally equipped to lead
Research firm Quantum Workplace took data on about 1,500 leaders. On a …
Read MoreGovernment jobs shrink in 2011
The number of full-time equivalent employees working in state and local governments fell by 1.4 percent, according to the latest statistics available.
The U.S. Census Bureau today released estimates that say there were 16.4 million …
Read MoreLatham thanked in NFIB ad
Iowa’s Tom Latham is one of 10 congressmen nationwide getting a one-minute radio advertisement created by the National Federation of Independent Business. That ad will thank Latham for his work with small businesses. The $2 …
Read More$2.7 billion pulled from stock market mutual funds last week
The retreat from the U.S. stock market continued last week, CNNMoney reported. Another $2.7 billion was pulled from U.S. stock market mutual funds during the week ended Aug. 15, according to the Investment Company Institute. …
Read MoreISU journalism professor Mack passes away
Barbara Mack, an Iowa State University journalism professor and former general counsel for the Des Moines Register & Tribune Co., died early this morning, the Iowa State Daily reported.
Her husband, Jim Giles, found Mack …
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