CHICAGO, April 18 (UPI) — Job seekers who have been unemployed long-term can be perceived as unemployable, making it even harder to find work, an employment firm based in Chicago said. John…
Category: Business
The NorthIowaToday.com Business Section. Business stories and a directory of top North Iowa businesses.
Market roller coaster closes lower
NEW YORK, April 17 (UPI) — U.S. markets went through another dramatic mood swing Wednesday, this one dropping stocks sharply after two days of triple-digit adjustments. The Dow Jones industrial average and…
Google reports partial outage for Mail, Drive and Apps services
MOUNTAIN VIEW, Calif., April 17 (UPI) — Google says its Gmail, Google Drive and Apps services suffered partial outages Wednesday morning although very few customers were affected. The search giant posted notices…
Motorola to go with ‘pure’ Android in new smartphones
MOUNTAIN VIEW, Calif., April 16 (UPI) — Motorola says it will launch a series of next-generation phones that will dispense with its own user interface in favor of the stock Android experience….
At 58, Kool-Aid Man gets a makeover
NORTHFIELD, Ill., April 15 (UPI) — U.S. food giant Kraft Foods Group Inc. said it was giving its iconic Kool-Aid Man a makeover. The red, condensation-streaked pitcher of juice with the “Oh…
High powered magnet sets recalled
WASHINGTON, April 15 (UPI) — Two U.S. retailers are recalling high-powered Buckyballs magnet sets due to the chance of children swallowing magnets, a federal watchdog agency said. Swallowing one or more of…
Gold sets record for two-day plunge
NEW YORK, April 15 (UPI) — Gold prices plunged nearly 10 percent Monday, losing $149.10 to $1,347.70 per troy ounce on the Comex division of the New York Mercantile Exchange. The drop…
Experts warn of hackers tracking online purchases to steal money
BEIJING, April 15 (UPI) — Hackers can easily learn a computer user’s online purchasing habits and payment methods through Trojans in their computers, a Chinese expert warns. “Once being planted into the…
Online specialty store from Amazon to target America’s seniors
SEATTLE, April 15 (UPI) — Online retail giant Amazon says its new specialty store will cater to the shopping needs of the estimated 80 million Americans age 50 or older. Amazon’s online…
Auto Outlook: Ford Focus world top seller
By AL SWANSON There’s a new sheriff in town and it wears a blue oval — or does it? Automotive market research firm R.L. Polk says the Ford Focus topped the venerable…
Consumer Corner: Safer spring cleaning
By MICHELLE GROENKE CHICAGO, April 14 (UPI) — Open the windows and shake out the rugs: It’s time for spring cleaning. Letting some fresh air inside can do wonders for the house…
Delisting Companies Sanctioned under the Iran Sanctions Act
Press Statement Patrick Ventrell Acting Deputy Spokesperson, Office of the Spokesperson Washington, DC April 12, 2013 Today, the United States is lifting sanctions applied almost two years ago to Tanker Pacific Management…
CBS chief Moonves takes pay cut in 2012, makes $62.2 million
LOS ANGELES, April 13 (UPI) — CBS chief Leslie Moonves took a $7.7 million pay cut in 2012 but was still the top earning Hollywood conglomerate executive, a regulatory filing showed. Moonves…
Google announces ‘digital will’ service
NEW YORK, April 13 (UPI) — Google has unveiled a so-called digital will that will instruct the search-engine giant to delete any personal data about a user from cyberspace. The digital will…
Harkin Welcomes Trade Assistance for Former Sioux City Delta Workers
WASHINGTON, D.C. – Senator Tom Harkin (D-IA) on Friday welcomed the news that displaced workers from the Delta Airlines Reservation Sales and Customer Call center in Sioux City are now eligible for…
Shakira’s ex-boyfriend, business partner sues for $100 million
HOLLYWOOD, April 13 (UPI) — Shakira’s ex-boyfriend and former business partner is suing the Colombian singer for $100 million, saying he is the “principal architect” in her success. Argentine businessman Antonio de…
Starbucks drops grocery prices
SEATTLE, April 12 (UPI) — U.S. coffee store chain Starbucks said Friday it would drop the suggested prices for packaged coffee in grocery stores an average of 10 percent. The new pricing…
Teens should see more job options this summer
CHICAGO, April 11 (UPI) — Outplacement firm Challenger, Gray & Christmas said U.S. teenagers are likely to see increased opportunities for employment this summer. “Of course, it is still a competitive environment,”…
Battenfeld Technologies recalls handgun vaults
WASHINGTON, April 11 (UPI) — Columbia, Mo., firm Battenfeld Technologies is recalling 4,000 locking handgun vaults that can fail, allowing access to the stored guns, regulators said. The U.S. Consumer Product Safety…
Japanese automakers recall 3.4M units
TOKYO, April 11 (UPI) — Four Japanese automakers, led by Toyota and Honda, said dangerous airbags had prompted the recall of 3.4 million vehicles. Toyota said it would recall 1.7 million vehicles…
Markets set closing highs Thursday
NEW YORK, April 11 (UPI) — Stock markets climbed for a fourth consecutive trading session Thursday in New York, pushing two major indexes into record territory. The Dow Jones industrial average added…
First-time jobless claims drop by 42,000
WASHINGTON, April 11 (UPI) — The U.S. Labor Department said first-time jobless benefits claims dropped by 42,000 to 346,000 in the week that ended last Saturday. The drop erases much of the…
Import prices slide in March
WASHINGTON, April 11 (UPI) — U.S. import prices fell 0.5 percent in March following a 0.6 percent climb in February, the Labor Department’s Bureau of Labor Statistics said Thursday. Import prices for…
Mortgage rates slide slightly
WASHINGTON, April 11 (UPI) — U.S. mortgage rates slipped for the second consecutive week, the Federal Home Loan Mortgage Corp. said Thursday. Rates for 30-year, fixed-rate mortgages slid from 3.54 percent with…
Feds: U.S. oil production to ‘grow rapidly’
WASHINGTON, April 10 (UPI) — North American oil production is expected to lead the way in terms of countries outside the 12-member OPEC cartel, the U.S. Energy Department said. The department’s Energy…
U.S. wine sales hit record in 2012
SAN FRANCISCO, April 9 (UPI) — U.S. wine sales reached a record $34.6 billion in 2012 with California vintners accounting for 58 percent of the total, the Wine Institute said. The Los…
Retired hospital chain CEO gets $6 million
PORTLAND, Ore., April 8 (UPI) — Profits were down for Legacy Health, but a retired president of the chain of Oregon healthcare facilities got a $6.3 million payment, an analysis of data…
Australia, China resume trade talks
BOAO, China, April 7 (UPI) — Australia’s prime minister said she wants to resume talks with China to establish a free trade agreement while on an official visit to the country. Prime…
Retired hospital chain CEO gets $6 million
PORTLAND, Ore., April 8 (UPI) — Profits were down for Legacy Health, but a retired president of the chain of Oregon healthcare facilities got a $6.3 million payment, an analysis of data…
Walker’s World: Printing more money
By MARTIN WALKER PARIS, April 8 (UPI) — So far, so good. Japan’s extraordinary decision to bring back inflation into its economy saw the Nikkei stock market index rise 2.2 percent even…
Women-owned businesses on the rise
NEW YORK, April 5 (UPI) — U.S. businesses owned by women are now generating more than $1 trillion in revenue each year, an American Express report said. The 2013 State of Women-Owned…
Chernin bids $500 million for Hulu
LOS ANGELES, April 6 (UPI) — One of the founders of video website Hulu, Peter Chernin, has offered more than $500 million for the U.S. company, an executive close to the talks…
White House: China tech ban needs revision
WASHINGTON, April 6 (UPI) — A new law limiting U.S. government purchases of technology systems from China could be “highly disruptive” and should be revised, the White House said. The restriction was…
Caterpilllar to lay off 460
DECATUR, Ill., April 6 (UPI) — Caterpillar Inc. said it will lay off 460 workers at a plant in Decatur, Ill., where it has already implemented temporary layoffs and cut workers’ hours….
U.S. jobs report hurts stocks
NEW YORK, April 5 (UPI) — A report that showed only 88,000 U.S. jobs were added in March reversed the mood on Wall Street Friday, sending stocks downward. Economists had expected 200,000…
Tablet sales gain, PC sales sinking
STAMFORD, Conn., April 5 (UPI) — A shift in computing preferences has helped tablet shipments grow rapidly while sales of traditional PCs are in decline, a U.S. technology research firm says. Gartner…
Tyson, U.S. settle Clean Air Act dispute
WASHINGTON, April 5 (UPI) — The U.S. Department of Justice says Tyson Foods Inc. has agreed to a settlement in chemical releases that caused injuries and a fatality at its facilities. The…
Product Development Forum Offered at NIACC
MASON CITY – On Wednesday, April 10, from 1:00-3:00 p.m. Michael O’Donnell from Iowa State University Extension and Outreach will present a “Product Development Forum” for business and engineering leaders responsible for…
Pawn shop latest addition to Mason City Streetscape
MASON CITY – Mason City’s multi-million dollar re-habbed Streetscape on North Federal Avenue near the downtown has welcomed a pawn shop as its latest shopping destination.
Bank of America pegged as a lawsuit risk
NEW YORK, April 4 (UPI) — Banking analysts said U.S. financial giant Bank of America remains at risk for lawsuits, as a federal judge is poised to consider a $2.4 billion settlement….