Archive for January 2013
Nuggets in DeWaay testimony
A proposed settlement of $3 million in two class-action lawsuits against investment adviser Donald DeWaay and his now-shuttered securities broker-dealer in Clive will be the subject of a Jan. 30 hearing. So far, testimony in …
Read MoreBerko: Quick economic recoveries are just a happy memory
Dear Mr. Berko:
I’m a 54-year-old retired social worker who is on disability. I took exception to your presentation in Orlando, Fla., last December. If you had remained longer, I would have challenged your comments …
Read MoreBerko: What to do with modest income
Dear Mr. Berko:
I live paycheck to paycheck and have zero savings. I’m a single father of three daughters, and every time my savings reach about $1,000, something comes up and I have to begin …
Read MoreBusiness Record: January 18, 2013
FBL Chief Actuary Russell Wiltgen passes away
FBL Financial Group Inc. announced the sudden passing of Russell Wiltgen, chief actuary – life companies, in Arizona on Wednesday. Wiltgen, 53, is survived by his wife, Annette.
“This is a shocking loss for our …
Read MoreFormer federal prosecutor to lead SEC
President Barack Obama has nominated former federal prosecutor Mary Jo White to head the Securities and Exchange Commission, Reuters reported.
White, the former U.S. attorney for the Southern District of New York, is known for …
Read MoreApple’s shares rotten after weak sales increase
Apple Inc. shares fell the most in two years after posting the slowest profit growth since 2003 and weakest sales increase in 14 quarters, Bloomberg reported.
The shares dropped 9.7 percent this morning, the biggest …
Read MoreSkywalk Golf Classic to take place Feb. 2
The First Tee of Greater Des Moines will host the Skywalk Golf Classic on Feb. 2.
Participants will play a round of 18 holes and be eligible to win prizes such as a Blue Ribbon …
Read MoreEducation will be a focus at IBC meeting
The Iowa Business Council will hold its 27th Annual Partnership meeting on Jan. 28.
The program will highlight the latest results of the Iowa Competitiveness Index, and also set a focus for educational excellence in …
Read MoreDes Moines residents’ income rises through recession
Total personal income in Polk County grew by 16.45 percent between 2006 and 2011, according to numbers from the U.S. Bureau of Economic Analysis compiled by Bizjournals.com.
Total 2011 personal income, defined as the amount …
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