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Retail and Business

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TV political ads provide a windfall for Meredith

MediaPost Communications’ Media Daily News reported that Des Moines-based Meredith Corp. posted record revenues from political advertising on television in the 2010 midterm election season.

The $33.2 million posted by its 12 TV stations blew …

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The (minimal) LeBron James effect


Amid much excitement in Florida and hand-wringing in Cleveland, National Basketball Association star LeBron James took to the court this season as a member of the Miami Heat. Will his superhero on-court presence be felt …

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Plan A is on the way


According to the co-chairmen of the deficit reduction commission, the federal government could save $13 billion by canceling a program to build a landing craft fleet for the U.S. Marine Corps. It is reported that …

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Strong October performance by Casey’s General Stores


Ankeny-based Casey’s General Stores Inc. reported strong sales increases in October compared with a year earlier. In a Nov. 15 filing with the Securities and Exchange Commission, the convenience store chain reported that same-store sales …

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Unemployment applications up, below projections

Applications for unemployment benefits rose by 2,000 to 439,000 in the week ended Nov. 13, according to Labor Department figures released today.

The number of people receiving unemployment insurance payments dropped to the lowest level …

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Rockwell Collins plans to hire 800 in next year

Cedar Rapids-based Rockwell Collins Inc. plans to hire 800 employees during the next year, about half of them in Iowa, according to KCRG-TV in Cedar Rapids.

The company made the announcement as it joined 1,300 …

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US-China Business gets member feedback

The U.S.-China Business Council today released the results of its 2010 Member Priorities Survey. The Washington, D.C.-based organization, which represents about 220 U.S. businesses that sell American goods and services to the Chinese market, identified …

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Lutheran Services receives grant money

The Community Foundation of Greater Des Moines awarded a $25,000 grant to Lutheran Services in Iowa (LSI) to provide funding for that nonprofit organization’s refugee services program. LSI’s new program, which launched this month, will …

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Fuel prices trend upward

National fuel prices are trending upward, but the cost of fuel in Iowa remains about 7 cents per gallon below the national average, the Iowa Office of Energy Independence said yesterday. The Nov. 15 average …

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Factory production rises the most in three months

Factory production rose 0.5 percent in October, according to figures from the Federal Reserve released today.

That was the biggest production gain in three months, signaling that the manufacturing sector is contributing to the U.S. …