Insurance

Principal Funds has been named one of the hottest fund firms of the year by InvestmentNews, a weekly newspaper for financial advisers. The rating is based on net inflows to mutual funds through Oct. 31, 2012, …

Waterloo-based PDCM Insurance announced it has formed a risk management division that will assist businesses statewide in developing risk reduction and loss control programs. Bill Trammel Jr., senior loss control specialist for PDCM with more …

Though nearly two-thirds of American workers view the current economy as unhealthy, the percentage of employees who believe the economy will improve in 2013 has risen, according to new research from the Principal Financial Well-Being Index: …

The wealthy look set to enjoy a windfall in the closing weeks of the year as companies push money out the door to beat the higher tax rates advocated by President Barack Obama, Bloomberg reported…

China’s U.S. shopping spree continues, Bloomberg Businessweek says.

On Dec. 9, Chinese auto parts and technology company Wanxiang Group won a bankruptcy auction to acquire lithium-ion battery-maker A123 Systems for $256.6 million, beating out competing …

Despite record-low interest rates, third-quarter sales of indexed annuities reached $8.7 billion, an increase of one-quarter of 1 percent compared with the year-ago period, according to AnnuitySpecs.com‘s Indexed Sales & Market Report. The report summarizes …

Google Inc. avoided about $2 billion in income taxes worldwide in 2011 by shifting $9.8 billion in revenues to a Bermuda shell company, almost double the total from three years before, Bloomberg reported. By legally …

Companies in the Standard & Poor’s 500 index are paying less in interest on debt than any time in at least a decade, leaving investors more dependent on economic growth and corporate spending for equity …