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Retail and Business

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Monsanto posts better-than-expected earnings

Monsanto Co. reported better-than-expected earnings in the second quarter of its fiscal year as sales of genetically modified corn and cotton seeds increased, Bloomberg reported.

The company’s net income grew 15 percent to $1.02 billion, …

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Wells Fargo gave nearly $4 million last year

Wells Fargo & Co. gave more than $4 million to assist more than 440 nonprofit organizations in Iowa communities last year, in addition to the record 108,000 volunteer hours donated by its employees. Teaching financial education …

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Vehicle lease trades indicative of improving jobs outlook

LeaseTrader.com saw a 5.3 percent increase in transactions last month, and said the jump is indicative of increased confidence in the jobs outlook as more people get out of their personal car leases and into …

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Dish Network wins bid for Blockbuster

Dish Network Corp. acquired Blockbuster Inc. in a bankruptcy auction for about $320 million, a move that could see the second-largest U.S. satellite TV provider tapping the movie rental chain’s online content to strengthen its …

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Manufacturing activity expands in March, according to index

Economic activity in the manufacturing sector expanded for the 20th consecutive month in March, according to the Institute for Supply Management’s index on manufacturing.

The Purchasing Managers Index (PMI) registered about 60 for the third …

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Waste Management recognized for ethics

Waste Management Inc. (WM) has been recognized by the Ethisphere Institute as one of the World’s Most Ethical Companies for the fourth year in a row.

WM was the only environmental services company on the …

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Donan to open office in Des Moines

Louisville, Ky.-based Donan Engineering Co. Inc. announced plans today to expand its forensic engineering and fire investigation operations in Iowa with a new office location in Des Moines.

Donan will begin offering forensic investigative services …

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McDonald’s announces one-day hiring binge

McDonald’s Corp. announced a one-day spring hiring spree aimed at fighting the use of the term “McJob” as shorthand for describing low-wage, dead-end work, Reuters reported.

The global restaurant chain said it plans to hire …

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Pizza and pasta chain seeks bankruptcy protection

Sbarro Inc., a pizza and pasta fast-food chain popular in malls and airports, said today that it has filed for Chapter 11 bankruptcy protection.

The company also said it is seeking court approval for an …

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Big hack didn’t grab personal financial information, targets say

The names and emails of customers of Citigroup Inc. and other large U.S. companies, as well as College Board students, were exposed in a massive and growing data breach after a computer hacker penetrated online …