CHICAGO, June 12 (UPI) — More chief executive officers at U.S. healthcare firms left their positions in May compared to other industries, an employment firm said Wednesday. In the month, 24 healthcare…
Category: Business
The NorthIowaToday.com Business Section. Business stories and a directory of top North Iowa businesses.
#Whoa: Facebook adopts hashtags
PALO ALTO, Calif., June 12 (UPI) — U.S. social network giant Facebook rolled out hashtags Wednesday as a means to add context or post to an online discussion, a Facebook product manager…
Facebook CEO faces angry shareholders
PALO ALTO, Calif., June 12 (UPI) — Mark Zuckerberg, the head of U.S. Internet giant Facebook, said the company would stick with its game plan, despite falling stock prices. “Nothing in that…
Watchdog urges feds to block Google’s acquisition of Waze mapping app
WASHINGTON, June 12 (UPI) — If Google acquires mapping app Waze, it would eliminate Google’s key competitor in mobile maps, Consumer Watchdog told U.S. antitrust agencies. In letters sent to the Justice…
Cousins market frozen pickle juice as Bobs Pickle Pops
SEGUIN, Calif., June 11 (UPI) — A California man and his cousin in Texas said they have a hit product with Bobs Pickle Pops, pickle juice frozen into a popsicle. David Millar…
U.S. Army, Boeing in $4B Chinook deal
RIDLEY TOWNSHIP, Pa., June 11 (UPI) — Boeing and the U.S. Army have signed a multiyear, $4 billion contract for as many as 215 CH-47F Chinook helicopters. The five-year contract calls for…
Judge derides IRS lingo in awarding refund to Steinbrenner
TAMPA, Fla., June 11 (UPI) — A son of the late George Steinbrenner does not have to repay a $670,000 refund from the Internal Revenue Service, a Tampa, Fla., judge has ruled….
Study: Moving business software to cloud promises big energy savings
EVANSTON, Ill., June 11 (UPI) — Moving software applications used by 86 million U.S. workers to the cloud could save enough electricity annually to power Los Angeles for a year, a study…
Shareholders vote to split News Corp. in two
NEW YORK, June 11 (UPI) — News Corp. shareholders in New York approved a proposal to split the company into a publishing company and a film and television business. Shareholders also voted…
Boeing aviation forecast sets scene for crowded skies
WASHINGTON, June 11 (UPI) — Earth’s airspace is set to have twice as many airliners flying as now, and that’s just the civilian airplane traffic forecast to grow in the next two…
Grant for Ottumwa to support 120 new jobs
AMES, Iowa – June 11, 2013 – Today, the Iowa Transportation Commission approved a Revitalize Iowa’s Sound Economy (RISE) Immediate Opportunity grant application submitted by the city of Ottumwa. Up to $1,172,195…
Warren Buffett lunch auction winner pays $1,000,100
SAN FRANCISCO, June 9 (UPI) — The annual eBay auction for a private lunch with Berkshire Hathaway Chairman Warren Buffett ended with a winning bid of $1,000,100, officials said. Proceeds of the…
Consumer credit debt rises in April
WASHINGTON, June 8 (UPI) — Consumer credit in April rebounded as U.S. consumers raised their debt by a seasonally adjusted $11.1 billion to $2.820 trillion, the Federal Reserve said. The Fed reported…
Dunkin’, Entenmann’s celebrate National Doughnut Day
CANTON, Mass., June 7 (UPI) — U.S. doughnut shops are offering free goodies Friday to celebrate National Doughnut Day, with Dunkin’ Donuts offering free doughnuts with beverage purchases. Dunkin’ Donuts, based in…
U.S. stocks enjoy brisk trading on U.S. jobs report
NEW YORK, June 7 (UPI) — U.S. stocks rallied Friday on the U.S. jobs report, as the Dow Jones industrial average added nearly 208 points for its best trading day since Jan….
Analyst says Apple may debut low-cost iPhone in range of colors
NEW YORK, June 6 (UPI) — An iPhone costing less than current models could be offered in a choice of five colors and may make its debut ahead of the iPhone 5S,…
One North Iowa Business selected to Continue in John Pappajohn Iowa Business Plan Competition
The first round of the John Pappajohn Iowa Business Plan Competition is complete. The judges reviewed and scored all entries and 16 have been selected to continue to the second round of…
Stocks slide in New York on jobs report
NEW YORK, June 5 (UPI) — U.S. stocks retreated Wednesday after a disappointing jobs report had some traders wondering if the run-up since November has gone too far. Payroll firm Automatic Data…
U.S. backs 520 megawatts of new clean energy
WASHINGTON, June 4 (UPI) — Three renewable energy projects planned for western U.S. states would deliver enough power to meet the needs of 200,000 homes, the interior secretary said. Interior Secretary Sally…
Dow retreats — on a Tuesday
NEW YORK, June 4 (UPI) — The Dow Jones industrial average dropped points Tuesday putting an end to what was one of the oddest records in the history of the exchange. Stocks…
Yahoo shuts down Mail Classic, requires users to upgrade
SUNNYVALE, Calif., June 3 (UPI) — Yahoo says it is ending Mail Classic, requiring all users to switch to the new version of Mail and accept an update to its new terms…
Google: No facial recognition capabilities for Google Glass
MOUNTAIN VIEW, Calif., June 3 (UPI) — Google says it will not allow facial recognition capabilities on its Glass wearable computer until there are strong privacy protections in place. “We’ve been listening…
Researchers describe hacking iOS devices with malicious charger
ATLANTA, June 3 (UPI) — U.S. researchers say an innocent-looking phone charger could invisibly install malware on an iPhone or other devices running the latest version of Apple’s iOS. Three researchers at…
Non-bank firms about to get tagged by regulators
WASHINGTON, June 1 (UPI) — A panel in Washington is on the verge of tagging three non-bank companies as systemically important to the economy, a market financial reform advocate said. Dennis Kelleher,…
Ban Ki-moon urges economic development in Africa
TOKYO, June 2 (UPI) — U.N. Secretary-General Ban Ki-moon said Saturday Africa is “on the rise” and urged economic development on the continent. Ban, delivering the keynote address at the fifth Tokyo…
China’s manufacturing index shows slight growth
BEIJING, June 1 (UPI) — A closely watched barometer of manufacturing activity in China rose slightly in May, showing the goods-producing sector is still growing, albeit slowly. The Purchasing Managers Index or…
Starbucks bans smoking within 25 feet of its stores
SEATTLE, June 1 (UPI) — U.S. coffee shop chain Starbucks said it was banning smoking within 25 feet of its stores, effectively including its outdoor seating areas. AdWeek reported the ban would…
Bond market shifting: Is this good or bad?
NEW YORK, May 31 (UPI) — Rising interest rates on home loans could be a sign of a U.S. bond market bubble bursting, some analysts on Wall Street are saying. The prevailing…
Consumer financial watchdog adds to complaint database
WASHINGTON, May 31 (UPI) — The U.S. Consumer Financial Protection Bureau’s consumer complaint database has been expanded to include state-by-state information, the watchdog said Friday. The complaint database also now includes complaints…
U.S. sanctions Iranian petrochemical industry
WASHINGTON, May 31 (UPI) — The U.S. Treasury Department imposed sanctions on the Iranian petrochemical industry Friday to further derail Iran’s alleged nuclear weapons program. The department said one petrochemical company had…
Markets end week with downturn
NEW YORK, May 31 (UPI) — U.S. markets closed lower Friday after the Commerce Department said consumer spending dropped slightly in April. Spending fell 0.2 percent, while economists had predicted a 0.1…
Non-employer businesses on the rise
WASHINGTON, May 30 (UPI) — The number of businesses with no paid employees rose 1.7 percent in 2011, gaining in all states except two, the U.S. Census Bureau said Thursday. The number…
Walmart pleads guilty to violating Clean Water Act
LOS ANGELES, May 28 (UPI) — Walmart has pleaded guilty to violating the Clean Water Act by improperly disposing hazardous materials at its U.S. stores, federal prosecutors said Tuesday. The retailer pleaded…
Stocks up, Dow at a new perch
NEW YORK, May 28 (UPI) — Favorable economic data pushed U.S. stocks higher Tuesday, sending the Dow Jones industrial average to a new closing high. The S&P/Case-Shiller home price report said home…
Home prices hit double-digit annual increases
NEW YORK, May 29 (UPI) — U.S. home prices in the first quarter posted double-digit gains over the same quarter of 2012, a closely watched private report said Tuesday. The Standard and…
Consumer confidence improved in May
NEW YORK, May 28 (UPI) — U.S. consumer confidence rose for the second consecutive month in May, the Conference Board said Tuesday. The index had been trending lower, but May’s gain is…
Kellogg settles Mini-Wheat lawsuit
BATTLE CREEK, Mich., May 28 (UPI) — Kellogg has agreed to settle a class-action lawsuit over claims that Mini-Wheat cereal improved childhood attentiveness, a U.S. settlement administrator said. The settlement, which must…
Fresh orders for factories rise
WASHINGTON, May 24 (UPI) — U.S. durable goods orders jumped 3.3 percent in April, about twice the gain economists had expected, the U.S. Commerce Department said Friday. Factory orders climbed by $7.2…
Cruise industry group adopts Passengers’ Bill of Rights
FORT LAUDERDALE, Fla., May 28 (UPI) — The head of the Cruise Lines International Association says its new “Cruise Passenger Bill of Rights” adopts many practices U.S.-based lines already use. The CLIA,…
Electric car maker Tesla repays government loan early
Tesla Motors, an electric car maker headquartered in Palo Alto, Calif., has paid off its entire $451.8 Department of Energy loan nine years early with interest. The automaker, riding the success of…