Archive for August 2012
THE ENTREPRENEURS: Joel Bennett
Inspiration for his company struck Joel Bennett while working in coffeehouses.
In 2009, Bennett took a chance and quit his corporate job at Pella Corp. to become the full-time executive director of A Call To …
Read MoreRetailers developing mobile payments network
More than a dozen big merchants are expected to announce Wednesday their plans to jointly develop a mobile-payments network that would compete with similar services from Google Inc. and other companies, The Wall Street Journal …
Read MoreReport: Immigrants generating business growth
Immigrants were responsible for more than a quarter of all new U.S. businesses started last year and are increasingly likely to start a business, even as the rate of native-born Americans starting businesses declines.
That’s …
Read MoreDeere cuts profit forecast
Deere & Co.’s cut its full-year profit forecast as sales slow in Asia and Latin America, undermining the growth strategy at the world’s largest manufacturer of agricultural equipment, Bloomberg reported. Net income for the full …
Read MoreCredit unions originate record home loans
During the second quarter of 2012, U.S. credit unions originated their highest-ever loan volume, financial consulting company Callahan & Associates said in a release. Credit unions reported $84.5 billion in loan originations for the quarter …
Read MoreBiodiesel producer reports increase in sales
Ames-based Renewable Energy Group Inc. reported second-quarter revenues of $272 million, a 39 percent increase from the same period last year, on sales of 54 million gallons of biodiesel, a 63 percent increase over the …
Read MoreYPC to host Nonprofit Forum
Young Professionals Connection of Greater Des Moines will host its second annual Nonprofit Forum on Sept. 20. The networking event provides opportunities for young professionals to connect with more than 50 nonprofit organizations to find …
Read MoreIowaBiz blog: Who is the average QR code user? You might be surprised
Specialty clinic to focus on preventing addiction
Wells Fargo pays $6.5 million to settle securities case
The Securities and Exchange Commission (SEC) on Tuesday charged Wells Fargo & Co.’s brokerage firm and a former vice president with selling investments tied to mortgage-backed securities without fully understanding their complexity or disclosing the …
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