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Retail sales better than expected

U.S. retailers, helped by a later school-year start, a Labor Day calendar shift and some signs of economic improvement, delivered better-than-expected September sales, sparking hope that business may be gradually picking up heading into the …

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Consumers cut borrowing; Wells Fargo to raise rates

Consumers slashed borrowing at a faster-than-expected pace in August for the seventh straight month, MarketWatch reported.

The Federal Reserve said consumers cut $11.98 billion in borrowing in August, trimming their outstanding debt to $2.46 trillion, …

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Proposed C-7 zoning district is commercial version of PUD

In an effort to implement uniform architectural and landscaping criteria for large, regional developments such as Heart of America Group’s Prairie Crossing, the city of Altoona is considering the creation of a new commercial zoning …

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Low interest rates could spur multiyear bull market

The global recovery in stock markets will stretch into 2010 as people try to make more money than they can from cash and government bonds, according to the investment chief of Scotland’s largest money manager.…

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Winners of Pappajohn Business Plan Competition announced

Three Central Iowa-based companies were among four start-up businesses to win the top prizes during the 10th annual John Pappajohn Iowa Business Competition yesterday.

Winning the first-place prize of $25,000 for its business plan was …

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Tickers: October 7

Aviva plc announced today that it intends to list its stock on the New York Stock Exchange (NYSE) and plans to commence trading on Oct. 20. The London-based company, whose U.S. operations are based in …

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Ticker: Oct. 6

Rockwell Collins Inc. delivered 10 prototype systems for the U.S. Army Ground Soldier System Increment 1 program, the company announced Monday. The program will significantly enhance soldier effectiveness on the battlefield by providing technologies that …

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Aviva reconfigures; names new chief executives

Tom Godlasky, who was the CEO of AmerUs Group Co. when that Des Moines-based company was bought by Aviva plc, will retire from his position as head of Aviva’s North American operations, the company announced.…

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JPMorgan: Job losses won’t be reversed until 2013

The country might be in for a long climb back to pre-recession employment numbers.

It will take the United States four years to recover all the jobs lost during the recession, economists at JPMorgan Chase …

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Criminal investigation launched into film tax credits

State officials have launched a criminal investigation of the Iowa Film Office tax credit program, the attorney general’s office announced this morning.

“The Attorney General’s Office has found the statute regarding tax credits was not …