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Retail and Business

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FAA approves Amazon drone test flights

Amazon.com Inc.’s  hopes of delivering shipments to customers via drones got a little more real Thursday as federal regulators granted the company approval to test its unmanned aircraft, Fortune reported.

 

The Federal Aviation Administration gave …

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Target follows Wal-Mart in raising its minimum wage

Target Corp. plans to boost pay of all its workers to at least $9 an hour starting next month, following similar moves by rivals Wal-Mart Stores Inc. and TJX Cos. as competition for lower-wage workers …

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Missed deadline will cost AT&T millions

AT&T Inc. will have to pay $40 million in a patent-infringement case because its lawyers didn’t read a court document, an appeals court ruled today, Bloomberg reported. AT&T missed a deadline to appeal a jury verdict for …

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Two remaining Dahl’s locations to become Cash Saver

Two Dahl’s Food stores will become Cash Saver Food Outlets, a chain new to Iowa that offers discount groceries, The Des Moines Register reports. Stores at 4121 Fleur Drive and 1320 E. Euclid Ave. will be rebranded …

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Southridge Mall owner rejects takeover bid

The Macerich Co. has rejected a hostile offer from Simon Property Group Inc., the largest shopping mall owner in the country, to buy it in a stock and cash deal valued at $91 per share, …

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Iowa unemployment rate drops to 4.2 percent

Iowa’s seasonally adjusted unemployment rate dropped to 4.2 percent in January from 4.3 percent in December. The state’s jobless rate was 4.4 percent a year ago. The U.S. unemployment rate was 5.7 percent in January. …

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UI helps Iowa business expand in Africa

The University of Iowa’s is assisting Iowa businesses interested in expanding in Africa. The university’s Institute for International Business will hold an International Entrepreneurship Summit at 1 p.m. April 8 in the Iowa Memorial Union. …

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UI helps Iowa business expand in Africa

The University of Iowa’s is assisting Iowa businesses interested in expanding in Africa. The university’s Institute for International Business will hold an International Entrepreneurship Summit at 1 p.m. April 8 in the Iowa Memorial Union. …

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Raymond James says West Bank is a ‘top performer,’ again

West Bancorporation Inc., parent company of West Bank, is among the top 10 percent of publicly traded banks with assets of between $500 million and $10 billion, Raymond James & Associates Inc. said. The financial …

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Capital Chiropractic recognized by SBDC

The Iowa Small Business Development Center announced Friday that Dr. Chris LoRang, chiropractor and owner of Capital Chiropractic & Rehabilitation Center in the East Village, is the winner of the SBDC’s Business of the Month …