Category: Business

By Jim Puzzanghera, Los Angeles Times – WASHINGTON — The financial crisis and the Great Recession have taken a heavy toll on the U.S. Now one advocacy group says it has calculated that…

Diane Heldt, CR Gazette – AMES – University of Iowa Hospitals and Clinics ended the most recent fiscal year on a good financial note, hospital officials told state regents Wednesday during a…

By Brandon Bailey, San Jose Mercury News – Google on Tuesday announced a new YouTube application for Apple’s iTunes store, a little more than a month after the two companies made headlines with…

By Leon Stafford, The Atlanta Journal-Constitution – ATLANTA — By the year 2020, more than 2 billion people around the world are expected to join the middle class or move from rural and…

By Franco Ordonez and William Douglas, McClatchy Newspapers – WASHINGTON — The teachers strike in Chicago this week could be a bruising battle on the picket line and in the school of public…

WASHINGTON, September 12, 2012 – Agriculture Secretary Tom Vilsack today announced the selection of recipients in 14 states and one territory to receive loans to create or save jobs and boost local…

Diane Heldt, The Gazette, Cedar Rapids, Iowa – CEDAR RAPIDS – Coe College in Cedar Rapids saw a slight decline in enrollment this fall compared to last year’s record number, but Coe…

From the Better Business Bureau – Before you invest your earnings, it is important to check for scams and verify credibility of the investment firm. Asking questions, research the company, reach out…

Diane Heldt, CR Gazette – University of Iowa officials on Tuesday named a Microsoft executive as the new vice president for research and economic development. Daniel Reed, 55, will start at the…

By Dawn Chmielewski and Carolyn Kellogg, Los Angeles Times – LOS ANGELES — Publishing insiders worry that a decisive court ruling benefiting retailer Amazon.com Inc. will undermine an industry already struggling with…

By Andrew Dunn, The Charlotte Observer – CHARLOTTE, N.C. — Bank of America Chief Financial Officer Bruce Thompson said Monday that the Charlotte bank is essentially done with the massive asset sell-off that…

By Claudia Buck, The Sacramento Bee – When it comes to online identity theft, it’s a minefield out there. Every day, some cyber crook is devising new ways to sneak into our…

By Harriet Ryan and Ashley Powers, Los Angeles Times – LOS ANGELES — A Los Angeles jury on Monday awarded casino mogul Steve Wynn $20 million after it found that he had been…

By Salvador Rodriguez, Los Angeles Times – LOS ANGELES — GoDaddy, which hosts more than 5 million websites, said it was still investigating what may have caused many of its clients’ sites to…

By Salvador Rodriguez, Los Angeles Times – LOS ANGELES — BlueToad, a digital publishing company in Florida, said a stolen list of 1 million Apple device IDs came from its computers, not the…

By Ronald D. White, Los Angeles Times – The U.S. government is selling an additional $18 billion of its shares in insurer American International Group Inc., the company and the Treasury Department…

Gregg Hennigan, CR Gazette – IOWA CITY – The City Council voted unanimously recently in favor of the first consideration of an ordinance restricting so-called payday lenders in Iowa City. Two more…

By Gail MarksJarvis, Chicago Tribune – QUESTION: My retirement CDs, which are currently paying 5.2 percent, will mature next year. Of course, I’m concerned about where I can put the money when…

By David Lazarus, Los Angeles Times – The letter from debt collector Resurgent Capital Services arrived at my home the other day. Enclosed was a bill for $2,852.56, originally run up in…

Mark Newman, Ottumwa Courier, Iowa – OTTUMWA — The owner of an Ottumwa business says the federal government’s failure to pay for work on a high-profile construction project may cost him everything….

Mike Hlas, CR Gazette – I’m baffled. Five Guys Burgers and Fries is the fastest-growing restaurant chain in the United States. There are over 1,000 locations open, and more than 1,500 more…

By Stuart Pfeifer, Los Angeles Times – LOS ANGELES — Ray Lucia calls his investment strategy “Buckets of Money” on his nationally syndicated radio talk show. Federal regulators call it something else….

By Takeo Miyazaki, The Yomiuri Shimbun – VLADIVOSTOK, Russia — Amid expectations of growth in the Russian automobile market, optimistic Japanese automakers are teaming up with their Russian counterparts to launch operations…

By Jim Puzzanghera, Los Angeles Times – WASHINGTON — Federal Reserve Chairman Ben S. Bernanke took advantage of historically low mortgage rates — brought down by the central bank’s near-zero interest rates…

By Jim Puzzanghera, Los Angeles Times – WASHINGTON — Struggling homeowners who obtain reductions in their mortgage debt face a new obstacle starting next year — a bill for taxes on that…

By Lisa Brown, St. Louis Post-Dispatch – ST. LOUIS — When Hertz in August announced its plans to acquire the Dollar and Thrifty car rental brands, the news caused hardly a ripple…

By Dawn C. Chmielewski and Andrea Chang, Los Angeles Times – Amazon.com Inc.’s seven new versions of its Kindle offer consumers more choices in the rapidly expanding tablet market. But for Hollywood,…

By Gary M. Singer, Sun Sentinel – QUESTION: I own a couple of rental properties out of state in addition to my primary home, which is worth less than I owe. I…

By Jim Puzzanghera, Los Angeles Times – WASHINGTON — The European debt crisis is pushing the continent into recession and dragging down the global economy, according to a forecast released Thursday by…

By Stefan Korshak – MOSCOW — The world economy’s center of gravity is shifting away from Europe and the United States towards Asia Pacific countries such as China and Russia, President Vladimir…

By Kevin G. Hall, McClatchy Newspapers – WASHINGTON — A closely watched jobs report that the federal government will release Friday will get more scrutiny than usual, as it falls on the…

By Dominic Gates, The Seattle Times – SEATTLE — Boeing has finally turned over the first of three 787s to Air India at its North Charleston, S.C., assembly complex, the company said…

By Don Lee and Henry Chu, Los Angeles Times – WASHINGTON — The European Central Bank unveiled an aggressive plan to buy the bonds of financially flailing countries such as Spain and…

By Don Lee, Tribune Washington Bureau – WASHINGTON — President Barack Obama may get a boost after his convention speech Thursday night, but will it all be for naught the next morning…

By Jim Puzzanghera, Los Angeles Times – WASHINGTON — While the majority of banks have improved their finances during the past four years, looming economic threats mean the outlook for the industry remains…

By Eileen Ambrose, The Baltimore Sun – Open a credit card account and you might walk away with more than just plastic. Banks and their vendors heavily hawk card-related services, such as credit…

By Jackie Crosby, Star Tribune (Minneapolis) – MINNEAPOLIS — In his line of work, Matt Kallok has heard them all. “I hear it dozens of times a day,” he said. “They’ll say, ‘Business…

By Andrea Chang, Los Angeles Times – LOS ANGELES — After weeks of rumors, Apple has sent out media invitations for an event — widely expected to be the launch of the iPhone…

By Rex Huppke, Chicago Tribune – Parents are often told — by magazines, television news shows and Oprah — that they are doing things wrong. Don’t give kids regular milk; give them organic…