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Government Policy and Law

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Costs are rising in China

The Chinese government said today that the nation’s consumers continue to pay the price for economic prosperity, in the form of inflation for pork, alcohol, traditional medicine and other products, CNNMoney reported.

The cost of …

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Judge says some DeWaay investors have to wait their turn

A Decatur County judge has refused to terminate a temporary restraining order that blocks DeWaay Financial Network LLC clients from continuing with arbitration hearings in an attempt to collect millions of dollars they claim to …

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JOBS Act exemptions won’t protect execs from lawsuits

Any U.S. corporate executives who think they can use the JOBS Act’s relaxed rules for public listing to cut corners on accounting and disclosure may want to think again, according to Reuters analysis.

The Jumpstart …

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Judge signs mortgage settlement agreement

A federal judge approved a $25 billion mortgage settlement with five top U.S. banks over allegations of foreclosure abuses and misconduct in servicing home loans, according to court documents. U.S. District Judge Rosemary Collyer signed …

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ARAG named to top 100 call center list

ARAG, a global provider of legal solutions, whose North American operations are based in Des Moines, announced that it has been named in the top 20 of the small centers category of the Top 100 …

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Darrell Ball files for bankruptcy

Darrell Ball and his wife, Elaine, filed for bankruptcy Wednesday for debts incurred when he was partners with Jon Garnaas in Ladco Development Inc. Ball, his son, Richard, and Garnaas have all filed for protection …

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Justices raise more questions about health mandate

With the fate of President Barack Obama’s health-care law hanging in the balance, a lawyer for the administration faced a barrage of skeptical questions on Tuesday from four of the Supreme Court’s more conservative justices, …

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Senators want investigation of employer password demands

Two lawmakers want the U.S. Justice Department to investigate whether employers who require job applicants to hand over confidential passwords to Facebook and other social networking sites are violating federal law. Sen. Charles Schumer of …

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Senate approves trading curbs

The U.S. Senate on Thursday voted overwhelmingly to send President Barack Obama legislation imposing new curbs on insider trading by members of Congress, Reuters reported, even though the measure is weaker than a version it …

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Red light, speed cameras bring in more than $250,000 in two months

Red light, speed cameras bring in more than $250,000 in two months Des Moines pulled in $252,659 during January and February of this year with its red light and speed cameras. More than 7,200 citations…