Retail and Business

American Airlines’ parent company said it would purchase 460 narrow-body planes in a historic deal that gives Europe’s Airbus a new foothold in U.S. markets, Crain’s Chicago Business reported. The order, which AMR Corp. said …

Thomas L. Cardella & Associates announced plans to add 50 jobs at its contact center in Marshalltown. Applications are being accepted for the 50 outbound sales positions that will be filled over the next several …

Sauer-Danfoss Inc. announced that it will hold a conference call to discuss second-quarter results at 9 a.m. on Aug. 4.

The company will release results on Aug. 3 after U.S. markets close. A listen-only audio …

General Motors Co. said it will spend $328 million to upgrade its Flint, Mich., assembly plant. The plant overhaul is part of the company’s strategy for launching its next generation of full-size pickup trucks. The company says the …

U.S. Treasury Secretary Timothy Geithner told CNBC today that he is certain that congressional leaders will strike a deal to raise the federal debt ceiling prior to the Aug. 2 deadline to avoid default.

“Each …

Business economists have scaled back projections for U.S. growth this year, citing slower company sales and global uncertainty, a quarterly survey found.

The National Association of Business Economists (NABE) said fewer members reported higher sales …

The Iowa Craft Beer Tent will debut at the Iowa State Fair, Aug. 11-21, with 13 Iowa breweries and three regional breweries pouring 36 different beers from 9 a.m. to midnight. Representatives from the breweries …

S. Ahmed Merchant and Alejandro Orozco will be honored during the Iowa Council for International Understanding’s Passport to Prosperity dinner Sept. 17 at Drake University’s Olmsted Center. Merchant, chairman and CEO of Merchant Investment Trust, …

Canadian natural gas prices soared as weather forecasters talked of a Midwest heat wave that is expected to last for a week, Bloomberg reported.

Prices gained 2.3 percent as demand for the power-plant fuel rose. …

Seneca Cos. has acquired MidSouth Petroleum LLC, a petroleum service provider based in Tulsa, Okla. Des Moines-based Seneca said the acquisition will allow the company to provide customers with more resources for petroleum construction, as …