Mb>The Technology Association of Iowa will host a clinic Tuesday titled “Employee Dishonesty in Times of Recession: Safeguards and Proper Handling.” The session will be from 11 a.m. to 12:30 p.m. at the association’s headquarters, 500 E. Court Ave. Suite 100. Chris Fereday, partner at PDCM Insurance, and Becky Knutson, an attorney with Davis, Brown, Koehn, Shors & Roberts P.C., will be presenters. Individuals are able to participate in person or via webinar. There is no cost to attend, but an RSVP is required. Visit www.technologyiowa.org to register or for more details.

The Iowa Foundation for Medical Care (IFMC) Community Initiative has announced $150,000 in grants to nonprofit organizations in Iowa and Illinois for health-related projects. In Greater Des Moines, grants were awarded to the Des Moines Area Community College Foundation in Ankeny for equipment in the Health Sciences building, the Martin Luther King Academy in Des Moines for a program to promote academic and physical education, and the Polk County Medical Society to provide access to specialty care through its voluntary physician network for Iowans who are uninsured, underinsured or undocumented. In the past seven years, the IFMC Community Initiative, a 501(c)(3) charitable-giving organization, has granted nearly $825,000.

American International Group Inc. (AIG) is holding back $21 million from retention bonuses due to current and former employees of its financial products unit, CNBC reported. AIG is paying out $46 million to about 70 people, most of whom are former employees of the unit that was behind the company’s near-collapse in September 2008, CNBC said, citing an unnamed source. The cuts could help AIG exceed a $45 million giveback target that was set after a public outcry over payouts to the unit’s employees, CNBC said.

The United States and the United Kingdom have moved “substantially” closer to losing their AAA credit ratings as the cost of servicing their debt has risen, according to Moody’s Investors Service. The governments of the two nations must balance bringing down their debt burdens without damaging growth by removing fiscal stimulus too quickly, Pierre Cailleteau, managing director of sovereign risk at Moody’s in London, said in a telephone interview with Bloomberg. Under the ratings company’s so-called baseline scenario, the United States will spend more on debt service as a percentage of revenue this year than any other top-rated country except the United Kingdom, and will be the biggest spender from 2011 to 2013, Moody’s said in the Bloomberg report.