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Retail and Business

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Productivity down in first quarter, report says

The productivity of U.S. workers slowed in the first quarter and labor costs rose as companies boosted employment to meet rising demand, Bloomberg reported.

The measure of employee output per hour increased at a 1.8 …

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U.S. News: Des Moines is richest metro area

Des Moines is the richest metropolitan area in America, at least by one measure, according to a U.S. & World Report News analysis of data for U.S. metro areas with a population of 500,000 or …

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Cargill to expand Mason City plant

Cargill Inc. yesterday announced a $12.5 million expansion of its Mason City facility, which is expected to result in an increase of 20 jobs.

About $2 million of the expansion investment will be spent with …

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Millionaire households grew last year

The number of millionaire households increased by 12.2 percent worldwide last year, according to a new report by Boston Consulting Group. According to the report, there were 12.5 million millionaire households. The United States continues …

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Business activity slows, according to economic barometer

Business activity in the United States cooled more than forecast in May, a sign manufacturing may be leveling off after leading the economic recovery, Bloomberg reported.

The Institute for Supply Management-Chicago Inc. said its business …

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Ankeny fastest-growing city in Iowa

Ankeny is the fastest-growing city in the Iowa, Bloomberg reported in April. With 16,791 households, Ankeny has grown by more than 47 percent since 2000. In the past year, the number of households in the …

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U.S. consumers spend less than expected

U.S. consumers spent less than expected last month as commodity prices rose, Bloomberg reported.

Purchases rose 0.4 percent after a revised 0.5 percent gain the prior month that was smaller than previously estimated, according to …

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New View to host Networking on the Green

New View, the West Des Moines Chamber of Commerce’s young professionals group, will host Networking on the Green at Glen Oaks Country Club on June 3. The event, which is slated to include a keynote …

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Mercy Foundation to host Game Show Gala

Bankers Trust Co. President Suku Radia, former Drake University basketball star Dolph Pulliam and retired West Des Moines City Councilwoman Loretta Sieman are among the local celebrities slated to participate in the Mercy Foundation’s Game …

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Events Center lawsuit moves to federal court


The Missouri architectural firm that designed the Iowa Events Center wants a federal jury to hear a lawsuit alleging that lack of coordination on the project resulted in $7 million in cost overruns.

Polk County …