Gretchen Schlosser, West Central Tribune, Willmar, Minn. – The plentiful rainfall in May and June built up the subsoil moisture profile and that has carried the crop so far into the growing…
Category: Business
The NorthIowaToday.com Business Section. Business stories and a directory of top North Iowa businesses.
Facebook, Yahoo settle patent feud, announce new ad partnership
By Brandon Bailey, San Jose Mercury News – SAN JOSE, Calif. — Facebook and Yahoo said Friday they have agreed to an expanded advertising partnership while settling a controversial patent lawsuit initiated…
Best Buy to lay off 2,400 workers, including some Geek Squad
By Laura Hautala, Los Angeles Times – LOS ANGELES — The heart of Best Buy’s customer service model took a blow Friday when the company said it was laying off 600 of…
How to test for DNS Changer Malware
By Salvador Rodriguez, Los Angeles Times – LOS ANGELES — As many as 64,000 Americans’ computers may still be infected by malware that will cause them to lose Internet service Monday, so…
Many small banks still struggle to repay TARP
By E. Scott Reckard, Los Angeles Times – LOS ANGELES — Nearly four years after Washington bailed out Wall Street, small banks have yet to repay $11 billion of taxpayer money. Uncle Sam…
The Week Ahead: A closer look at JPMorgan’s loss
By Tom Hudson, McClatchy Newspapers – Superstition holds Friday the 13th as an unlucky day. But it’s not triskaidekaphobia that threatens banking giant JPMorgan Chase & Co. On Friday, JPMorgan is scheduled…
Q&A: A dealer’s view of 47 years in the auto industry
By Joe Taschler, Milwaukee Journal Sentinel – MILWAUKEE — Russ Darrow started in the car business with a single Chrysler dealership 47 years ago. Since then, his business has grown to 13…
Job creation slows amid uncertainty
By Jim Puzzanghera, Los Angeles Times – WASHINGTON — The nation’s job-creation engine is stuck in low gear, making businesses hesitant to hire enough workers to get the U.S. recovery on track…
Piece of downtown Stillwater, MN history unearthed during liquor store renovation may change building plans
Andrew Krammer, Pioneer Press, St. Paul, Minn. – Cates Construction stumbled upon a piece of downtown Stillwater’s history while renovating a liquor store. An old, painted wooden sign reading “Starkel’s Candies and Lunches”…
Airline seating policies draw criticism from families
By Arlene Satchell, Sun Sentinel – FORT LAUDERDALE, Fla. — If you want to sit next to family or friends the next time you fly, better not leave it up to chance…
Motoring Q&A: Pay attention to what your car tells you
By Paul Brand, Star Tribune (Minneapolis) – QUESTION: Recently on a road trip I was passed by a car on which one of its rear tires appeared to be bouncing up and…
DNR Offers Assistance to Industries, Agricultural Operations with Regulations
DES MOINES – Assistance is available to industries and agricultural operations in complying with environmental regulations. “Our emphasis in the Iowa Department of Natural Resources (DNR) has always been on compliance rather…
U.S. June unemployment remains at 8.2%
WASHINGTON — Secretary of Labor Hilda L. Solis issued the following statement on the June 2012 Employment Situation report released today: “Our nation’s labor market added 80,000 jobs in the month of June,…
Retail sales data disappoint
By Shan Li and Dalina Castellanos, Los Angeles Times – LOS ANGELES — Consumers anxious about the economy kept their wallets in check, raising worries of a possible slowdown in spending during…
Auto review: Nissan loads Altima with style, substance
By David Undercoffler, Los Angeles Times – You’re not going to see Lindsay Lohan crash a 2013 Nissan Altima into the back of a garbage truck. Your 10-year-old won’t be hanging a…
Technology: Malware may knock 64,000 Americans off Internet on Monday
Salvador Rodriguez, Los Angeles Times – As many as 64,000 Americans could be knocked offline Monday as a result of malware unless they change their DNS server addresses, according to a report….
Overdue bills on credit cards, consumer debt, drop to 2007 level
By Jim Puzzanghera, Los Angeles Times – WASHINGTON — The portion of consumers with payments overdue on credit cards, auto loans and other debt dropped in the first three months of the year…
GM, Chrysler, Nissan and VW post big sales gains in June
By Jerry Hirsch, Los Angeles Times – LOS ANGELES — If consumer confidence is lagging, it’s not hurting enough to stop people from buying cars. Most of the major automakers posted healthy U.S….
GM considers resuming paid Facebook advertising
By Nathan Bomey, Detroit Free Press – DETROIT — General Motors is discussing the prospect of reauthorizing paid Facebook advertising, the automaker confirmed Tuesday. GM abruptly abandoned Facebook ads this spring in a…
FDA lays out new system to track medical devices
By James Walsh, Star Tribune (Minneapolis) – MINNEAPOLIS — Want to know if anybody else has had a problem with your model of artificial hip? Worried that a new defibrillator is not all…
Ohio woman hospitalized after losing scalp in workplace accident
By Phil Trexler, Akron Beacon Journal – AKRON, Ohio — A Ohio woman is hospitalized after her scalp was ripped from her head when her hair became caught in a machine during her…
Regulators release ‘living will’ breakup plans from big banks
By Jim Puzzanghera, Los Angeles Times – WASHINGTON — Regulators on Tuesday released shortened public versions of breakup plans known as “living wills” that the nine largest banks were required to submit so…
For-profit colleges win legal battle with Obama administration
By Jamie Goldberg, Tribune Washington Bureau – WASHINGTON — A federal judge has struck down a key provision in an Obama administration regulation that would have penalized programs whose graduates end up with…
Search begins for Iowa State’s next engineering dean
AMES, Iowa — The search for the next dean of the College of Engineering is under way. Executive Vice President and Provost Elizabeth Hoffman has identified a 20-member search committee to seek…
Dell to buy Quest for $2.4 billion
By Ryan Faughnder, Los Angeles Times – LOS ANGELES — Computer maker Dell Inc. announced Monday it is buying Quest Software Inc., ending a bidding war that has gone on for more…
Weather Channel buys Weather Underground website
By Zlati Meyer, Detroit Free Press – DETROIT — The Weather Channel has bought Weather Underground, a Web-based weather data company founded in Ann Arbor, Mich., the two companies announced Monday. The…
Colleges, universities expand use of student ID cards
Diane Heldt, The Gazette, Cedar Rapids, Iowa – IOWA CITY — With the swipe of one card, many Iowa college students can eat dinner, buy snacks, wash a load of laundry, check…
New law could shift employee health benefits to private market
By Chad Terhune, Los Angeles Times – LOS ANGELES — The Supreme Court’s endorsement of the federal health care law last week could spur more employers across the nation to relinquish their…
Manufacturing shrinks for 1st time in nearly 3 years
By Tiffany Hsu, Los Angeles Times – LOS ANGELES — After being touted months ago as a main driver of the recovery, the U.S. manufacturing sector shrank for the first time in…
Barclays chairman resigns over interest rate manipulation attempts
By Andrew Tangel and Janet Stobart, Los Angeles Times – NEW YORK — British authorities turned up the heat on Barclays as its chairman, Marcus Agius, became the first big casualty of…
GlaxoSmithKline agrees to record $3 billion fine
By David Sell, The Philadelphia Inquirer – PHILADELPHIA — In the largest financial penalty of its kind in the United States, drugmaker GlaxoSmithKline agreed to plead guilty to criminal charges and pay…
Airbus announces plans to build jetliner factory in Alabama
By W.J. Hennigan, Los Angeles Times – LOS ANGELES — With a blast of red, white and blue confetti, officials from European aircraft maker Airbus announced plans to build a sprawling plane-making…
Twitter gets 80% of requests for user information from US
By Jessica Guynn, Los Angeles Times – LOS ANGELES — Twitter got more information requests from governments and copyright holders to provide user information or block content in the first half of…
Eurozone unemployment climbs to record high in May
By Carol J. Williams, Los Angeles Times – Unemployment in the 17-nation Eurozone climbed to another record high in May, reflecting deep public sector job cuts and a lack of employer confidence…
Apple to pay Chinese firm $60 million to settle iPad name case
By David Pierson, Los Angeles Times – BEIJING — Apple Inc. has agreed to pay a Chinese company $60 million to settle a dispute over the name of the iPad tablet in…
China hires tens of thousands of North Korean guest workers
By Barbara Demick, Los Angeles Times – SEOUL — China is inviting tens of thousands of North Korean guest workers into the country in a deal that will provide a cash infusion…
Anheuser-Busch InBev to buy Grupo Model for $20.1 billion
By Lisa Brown, St. Louis Post-Dispatch – ST. LOUIS — Mexico’s largest brewer, Grupo Modelo, which Anheuser-Busch Cos. once eyed as a possible savior in its failed attempt to thwart InBev’s takeover,…
Appeal of media ownership rules rejected
By Jim Puzzanghera, Los Angeles Times – WASHINGTON — The U.S. Supreme Court has turned down an appeal by media companies of government restrictions on the ownership of a newspaper and broadcast…
Jobless claims edge lower; latest GDP reading unchanged
By Don Lee, Tribune Washington Bureau – WASHINGTON — New jobless claims edged down last week, but the good news was tempered by another upward revision of data for the prior week….
Consumer Confidential: Citibank has you checked off for security service
By David Lazarus, Los Angeles Times – Julian Bermudez noticed something new on his latest Citibank credit card bill. Down at the bottom, right beside where he’s supposed to fill in the…