Archive for October 2012
Sandy leaves fires, flooding, stranded travelers in its wake
At least 50 homes in Queens, N.Y., burned after Hurricane Sandy sent floodwaters gushing into New York’s five boroughs. The colossal storm submerged cars, tunnels and the subway system, and darkened vast swaths of the …
Read MoreAnkeny approves agreement for casino project
The Ankeny City Council has approved an agreement with Wild Rose Entertainment LLC that allows the company to pursue a license with the Iowa Racing and Gaming Commission to construct a $150 million casino/hotel complex …
Read MoreStudy: Airline fee revenue to grow 11.3 percent
Airlines’ revenue from ancillary fees, primarily for baggage and reservation changes, will grow by 11.3 percent this year to $36.1 billion worldwide, a pair of consulting firms said Monday. The estimate by IdeaWorksCompany, of Shorewood, …
Read MoreUtility sends second crew to New York
MidAmerican Energy Co. said Tuesday it has doubled the number of employees who will assist with utility damage and power outages caused by Hurricane Sandy. A MidAmerican Energy crew of 12 linemen, a supervisor and …
Read MoreMidAmerican Energy enters another Canadian joint venture
A subsidiary of Des Moines-based MidAmerican Energy Holdings Co. has entered into a joint venture with Renewable Energy Systems Canada Inc. to sponsor a competitive proposal for the East-West Tie Line, an electric transmission project …
Read MoreMarketing association’s Iowa chapter receives national honor
The Iowa chapter of the American Marketing Association (AMA Iowa) recently received one of the national organization’s highest professional chapter excellence awards. AMA Iowa was awarded 2011-12 Chapter of the Year first runner-up for overall …
Read MoreA CEO funk: Margins tighten
The heads of U.S. companies are finding fewer costs to cut, sending profit margins into the first 12-month contraction since 2009 and leaving investors increasingly dependent on economic growth to boost stocks, Bloomberg reported.
Companies …
Read MoreConvicted exec to talk about his fraud
Weston Smith, former chief financial officer at HealthSouth Corp., a Fortune 500 company, will present “Crossing the Line: An Insider’s Story of the HealthSouth Fraud” at 7 p.m. Thursday at Drake University’s Sheslow Auditorium. During …
Read MoreMidwest manufacturing down in September
Manufacturing activity declined in September in the Midwest, according to an index compiled by the Federal Reserve Bank of Chicago. The index dropped 0.4 percent to a seasonally adjusted level of 93.4. Industrial output in …
Read MoreKirke looks to Ankeny for casino
The Ankeny City Council will meet in a special session today to consider an agreement to help Gary Kirke’s Wild Rose Entertainment LLC obtain a permit to operate a casino in the city.
Kirke and …
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