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Wayzata, Minn.-based TCF National Bank has agreed to pay a $10 million penalty for violations of the Bank Secrecy Act, Minnesota Public Radio reported. The U.S. Department of Treasury’s Office of the Comptroller of the Currency …
Fannie Mae and Freddie Mac will let some borrowers who kept up payments as their homes lost value erase their debts by giving up the properties, helping Americans escape underwater loans while adding to losses at the mortgage …
A gauge of business confidence improved in December, a sign that business worries over tighter fiscal policy may not have held back investment plans as much as feared at the end of 2012, Reuters reported.…
Federal regulators have delayed indefinitely a health-care overhaul requirement that employers notify employees in writing by March 1 about the availability of public health insurance exchanges, Business Insurance reported. Regulators cited several reasons for delaying …
Perry and Des Moines will be overnight stops for this year’s edition of RAGBRAI. An estimated 10,000 bicyclists are expected, with stops scheduled for July 22 in Perry and July 23 in Des Moines.…
Caterpillar Inc. reported fourth-quarter profits that topped analysts’ estimates, Bloomberg reported. Net income fell to $1.04 a share from $2.32 a year earlier. Profits excluding a $580 million write-down on its ERA Mining Machinery Ltd. unit in …
Buoyed by strong quarterly earnings reports, the Standard & Poor’s 500 index rallied for a seventh day on Thursday, a five-year peak, Reuters reported.
The equity market was also boosted by the agreement by Congress to …
Purchases of new U.S. homes unexpectedly dropped in December, indicating that the U.S. housing rebound will take time to develop after the industry completed its first year of recovery, Bloomberg reported.
Sales declined 7.3 percent to …
LWBJ Financial LLC announced the election of Paul Juffer as managing partner. Juffer, a senior partner and one of the firm’s founders, replaces Marv Debner, who left the firm to take a position with BKD …
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 …
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