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Wells Fargo posts fifth straight quarterly profit

Wells Fargo & Co., the biggest U.S. home lender, reported its fifth straight quarterly profit this morning and said credit costs have “turned the corner” as the economy struggles toward recovery, Bloomberg reported.

First-quarter net …

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Panera to locate downtown

SLB of Iowa LC will open a Panera Bread restaurant in the Davis Brown Tower, a spokesman for the company confirmed Tuesday.

It has been rumored for months that Panera would set up shop downtown, …

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Ticker: April 21

Iowa’s creditworthiness was affirmed by two national bond-rating agencies. Moody’s has upgraded Iowa’s bond rating to Aaa and Fitch Inc. has upgraded the state’s rating to AAA, both of which are the agencies’ highest ratings. …

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Ticker: April 20

Sen. Tom Harkin announced that $48.5 million has been awarded to Council Bluffs, Des Moines and the state under the Department of Housing and Urban Development’s Community Development Block Grant, HOME Investment Partnership, Emergency Shelter …

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Iowa utilities customers paying their bills

The rough economy didn’t stop Iowans from being more responsible bill payers in 2009. In fact, it has actually helped them improve their bill paying habits from the even harsher 2008.

The number of past-due …

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Facebook “likes” fan page change

It’s like just the latest way for the word “like” to seep into like nearly every English sentence.

Facebook announced Monday the launch of Community Pages and Connections, which work in tandem in an effort …

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Power Breakfast Series – Implications of Health Care Reform

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Looking like a ‘V-shaped’ recovery

Surging profits are prompting economists to revise their estimates for growth, tilting the recovery more in the direction of a V shape as businesses from Intel Corp. to JPMorgan Chase & Co. boost spending, Bloomberg …

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Missing the mortgage while paying for plastic

Millions of Americans are not only upside down on their mortgage; they also appear to be shunning that monthly payment in favor of meeting their everyday expenses, CNNMoney.com reported.

In California, for example, more than …

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Ticker: April 19

Feed Energy Co. and Iowa Network Services, both of Des Moines, have been recognized as the most successful companies in the Ernst & Young Entrepreneur of the Year contest. The companies were named in a …