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Retail and Business

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Deere expects healthy growth in construction machinery sales

Moline, Ill.-based equipment manufacturer Deere & Co. expects worldwide sales of construction and forestry equipment to increase by about 35 percent in its 2011 fiscal year, which will end Oct. 31, compared with the previous …

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As corn prices keep rising, farmers will plant more acres

The price of corn rose for the third consecutive month in February, reflecting speculation that U.S. inventories will remain tight for the next 18 months even as farmers increase their acreage planting estimates.
    Stockpiles …

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Trade deficit widens, jobless claims up

The trade deficit in January widened the most from month-to-month since 1993, and first-time applications for unemployment benefits also went up last week, Reuters reported.

Figures from the U.S. Department of Commerce today showed that …

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Iowa unemployment rate stable in January

Iowa’s unemployment rate for January remained stable at 6.1 percent, according to figures from Iowa Workforce Development, unchanged from the previous month and from the same month a year ago.

The monthly estimate of unemployed …

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Americans still skeptical about the economy

Many Americans are still not confident that the current economic recovery will last, according to Bloomberg.

Only one in seven Americans have faith that a lasting economic recovery has taken hold, according to the Bloomberg …

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Forbes releases billionaires list

Forbes released its 2011 Billionaires List Wednesday, and social media website Facebook Inc. made perhaps the biggest splash.

Facebook placed six of its founders and investors on the list, four of whom are new to …

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Variety gives $50,000 to Link Associates

Variety – The Children’s Charity has given a $50,000 grant to Link Associates Foundation.

The money will be used to help relocate Link Associates. Link Associates has set a capital campaign goal of $4.5 million …

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Fed policy murky amid Mideast turmoil

Surging oil prices are deepening a split inside the Federal Reserve, blurring the likely direction of monetary policy and probably making next week’s policy meeting all the more contentious, Reuters reported.

The sharp increase in …

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Casey’s reports third-quarter earnings

Casey’s General Stores Inc. yesterday reported earnings of 34 cents per share for the third quarter of its 2011 fiscal year, which ended Jan. 31, unchanged from the same quarter a year ago.

Year to …

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Small businesses express more confidence

Confidence among U.S. small companies rose in February to the highest level in three years as hiring and sales expectations increased, Bloomberg reported.

The National Federation of Independent Business optimism index climbed to 94.5, the …