Insurance

Finance and insurance employees in the Des Moines metropolitan area earn an average of $66,000 per year, according to figures from the U.S. Census Bureau compiled by BizJournals.com.

That number ranks No. 34 out of …

Bank of America ends its “zombie accounts” 
Consumers Union praised Bank of America Corp. this week for announcing that it will no longer reopen accounts that have been closed by customers. The so-called zombie accounts, …

Principal 3rd quarter dividend up
Principal Financial Group Inc. said it will pay a third-quarter dividend of 21 cents per share of common stock on Sept. 28. The dividend is 17 percent more than the …

As Apple Inc.’s stock rose to new high of $663.23 per share today, the technology giant set another record: It became the most valuable public company in history, CNNMoney reported. Apple’s market value — the …

Lowe’s Cos. Inc. reported weaker-than-expected quarterly sales and earnings and cut its profit outlook for the year as the home improvement chain lost market share to larger rival Home Depot Inc. “Lowe’s is a turnaround …

The gap between U.S. bank deposits and loans is growing at the fastest pace in two years, providing lenders with more funds to buy bonds and temper the biggest sell-off in Treasurys since 2010.

As …

The Federal Reserve Bank of Chicago’s index of national economic activity improved to -0.13 in July from -0.34 in June, led by gains in production and income.…

Aetna Inc. will buy Coventry Health Care Inc. for $5.7 billion in cash and stock, a move that will make Aetna one of the largest providers of government-financed health care, MarketWatch reported. Aetna, based in …