By Jane M. Von Bergen, The Philadelphia Inquirer – PHILADELPHIA — Given the growth of China’s robust economy, the Chinese clearly know how to make money. They aren’t quite as good at giving…
Category: Business
The NorthIowaToday.com Business Section. Business stories and a directory of top North Iowa businesses.
Airports going ‘green’ with renewable energy
George C. Ford, CR Gazette – “The one thing we seem to have in abundance out here is wind,” said Tim Bradshaw, Eastern Iowa Airport director. And with that gift from Mother Nature comes…
Motoring Q&A: Synthetic oil a good choice
By Paul Brand, Star Tribune (Minneapolis) – QUESTION: I purchased a new 2012 V-6 Ford Escape. The vehicle is just over halfway to the 5,000-mile oil and filter change recommended by the dealer…
Dish says it is dropping AMC Networks
By Joe Flint, Los Angeles Times – LOS ANGELES — Dish Network subscribers who love AMC’s “Breaking Bad” may be out of luck if a feud between the satellite broadcaster and the cable…
California, US to bank millions in taxes on Facebook IPO
By Jessica Guynn, Los Angeles Times – SAN FRANCISCO — California has a friend who’s about to write a hefty personal check that could help ease the state budget crunch. Mark Zuckerberg, the…
Report: IKEA used Cuban prison labor to make furniture in the late 1980s
By Alfonso Chardy, McClatchy Newspapers – MIAMI — A report that Swedish furniture and housewares company IKEA employed Cuban prisoners to build tables and sofas in the 1980s has provoked a strong reaction…
More research ahead in Alaska on new ways to extract natural gas
By Renee Schoof, McClatchy Newspapers – WASHINGTON — Will the world be tapping methane hydrates deep in the permafrost and off the edges of continents decades from now? Part of the answer will…
Employment outlook muddied by contradictory data
By Kevin G. Hall, McClatchy Newspapers – WASHINGTON — A spate of conflicting recent economic data leaves the outlook for Friday’s report of April jobs data clear as mud. “I’ve never seen a…
I more than ‘like’ you: Company diversifies Facebook buttons
By Wendy Lee, Star Tribune (Minneapolis) – MINNEAPOLIS — Sure, you can “like” a store on Facebook, but you can’t easily tell all your friends you “want” that new pair of jeans, “love”…
Small Internet providers fall behind phone companies
By Steve Alexander, Star Tribune (Minneapolis) – MINNEAPOLIS — Bil MacLeslie can’t get his own company’s Internet service at home anymore. In March, MacLeslie got a notice from telephone company CenturyLink. It said…
Silicon Valley finds Washington looking over its shoulder
By Jessica Guynn, Los Angeles Times – SAN FRANCISCO — Google Inc. and other big tech firms may operate thousands of miles from the nation’s capital but they’re not beyond the reach of…
Growing interest in shrinking nuclear reactors
By Jeffrey Tomich, St. Louis Post-Dispatch – ST. LOUIS — From oil fields to wind turbines to coal mines, size and scale rule the economics of energy. But the nuclear industry is thinking…
Target to stop selling Kindles, other Amazon products
Tom Webb, Pioneer Press, St. Paul, Minn. – Target Corp. says it will no longer sell electronic gear made by archrival Amazon.com, including the popular e-reader, Kindle. The Minneapolis-based discounter cited a “conflict…
Intel puts big bet on ultrabooks
By Steve Johnson, San Jose Mercury News – SAN JOSE, Calif. — Racing to branch out from traditional personal computers where most of its chips are used, Intel Corp. is making a huge…
Crowded community colleges hit crunch time
By Rita Giordano, The Philadelphia Inquirer – PHILADELPHIA — The community college is being asked to save America. But like a small-town fire department straining to contain a big-city blaze, community colleges…
Balancing Act: Teens the latest generation to hit workplace
By Cindy Krischer Goodman, McClatchy Newspapers – Overwhelmed with school exams, Tiffany Fernandez picked up her cellphone and did what any teen might do to let her boss know she can’t make…
Fannie Mae backed principal reductions, internal documents show
By Jim Puzzanghera, Los Angeles Times – WASHINGTON — Officials at mortgage giant Fannie Mae supported principal reductions for some struggling homeowners in 2009 and believed they would save taxpayer money, according…
Ask the Experts: How to select a financial planner
By Claudia Buck, McClatchy Newspapers – Choosing a financial planner is a big decision. Here with some advice on what to consider is Kevin Young, a certified financial planner in Davis, Calif.,…
Kindle Fire has strong lead in Android-based tablet market
By David Sarno, Los Angeles Times – LOS ANGELES — The Kindle Fire appears to be burning up its competition — on the Android side, anyway. Amazon.com Inc.’s tablet computer is catching…
Lehman pay revelations spur calls for reform
By Walter Hamilton, Jim Puzzanghera and Andrew Tangel, Los Angeles Times – LOS ANGELES — Lawmakers and others say disclosure at financial institutions should be beefed up. Calls for reforming Wall Street…
Natural gas is a steal, but heating-oil users are out in the cold
By Betty Lin-Fisher, Akron Beacon Journal – AKRON, Ohio — Charles and Helen Williams have seen the rapidly falling prices of natural gas. But the couple heat their rural Copley Township, Ohio,…
Finding work proves harder for veterans
By David Zucchino, Los Angeles Times – WASHINGTON — Matt Pizzo has a law degree, can-do attitude, proven leadership skills, and expertise in communications and satellite technology from his four years in…
Solar tariffs could drive up costs, hurting related US industries
By Ken Bensinger, Los Angeles Times – LOS ANGELES — A simmering trade dispute is highlighting a debate about the kinds of jobs America can sustain in a greening economy. The Obama…
Lending for small businesses is on the rise
By Andrew Dunn, McClatchy Newspapers – CHARLOTTE, N.C. — The Pue family business lives by its line of credit. Air compressors need to be bought and sold, stacks of metal wires and springs…
Auto review: Nissan Juke lovable in spite of looks
By Larry Printz, The Virginian-Pilot – You might call Nissan’s newest trucklet, the 2012 Nissan Juke, ugly. Or the Nissan Joke. Really. As I first sized up the Juke, thoughts flooded my head,…
The Week Ahead: Spring bloom may fade for job market
By Tom Hudson, McClatchy Newspapers – Baseball fans know not to get too excited if their team wins a lot of games in the spring. Athletes are healed and fresh out of…
Credit unions push to ease small-business lending cap
By Andrew Dunn, McClatchy Newspapers – CHARLOTTE, N.C. — When the time came late last year for David Settle to refinance a loan on his heating and air conditioning company’s building, he had…
Car prices edge higher as buyers shell out for amenities
By Alisa Priddle, Detroit Free Press – DETROIT — Vehicles are fetching record average prices of $30,748, up 6.9 percent from a year ago, but don’t blame the automakers. This is not a…
Winds of change bear down on Harley-Davidson plants
By Rick Barrett, Milwaukee Journal Sentinel – YORK, Pa. — For a look at what’s to come for Harley-Davidson Inc., the best place to start is the company’s largest motorcycle factory, where change…
U.S. economy expands at lackluster 2.2 percent rate in 1st quarter
By Don Lee, Tribune Washington Bureau – WASHINGTON — The American economy grew at a sluggish rate in the first quarter, stirring more doubts about the strength of the recovery and the…
Principal Financial 1st-quarter net profit, operating revenues rise
George C. Ford, CR Gazette – Principal Financial Group, with operations in Cedar Rapids and Hiawatha, on Friday reported higher first-quarter net income and operating revenues. The Des Moines-based insurance and financial…
Google blames FCC for delays in Street View investigation
By Jessica Guynn, Los Angeles Times – SAN FRANCISCO — Google Inc. fired back Thursday at the Federal Communications Commission, saying it did not obstruct an investigation into its Street View service…
SUVs take off in China
By David Pierson, Los Angeles Times – BEIJING — Fuel-efficient vehicles are the rage in the United States, but in China gas-guzzling SUVs are looming large. Automakers including Ford Motor Co., Chrysler…
Chrysler lags in China’s red-hot market
By Alisa Priddle, Detroit Free Press – DETROIT — It could still be a while before Chrysler builds Jeeps or any other vehicle in China. Fiat, which manages Chrysler, has a new…
Consumer Confidential: Ailing economy deals a blow to organized labor
By David Lazarus, Los Angeles Times – American Airlines has spent the week trying to persuade a bankruptcy judge to allow it to chuck all its labor contracts and put the squeeze…
Chrysler reports best quarterly profit in years
By Jerry Hirsch, Los Angeles Times – LOS ANGELES — Chrysler Group LLC reported its third consecutive quarterly profit and logged its best financial performance in more than a decade, a turbulent…
Jobless rate will fall slowly, Fed predicts
By Don Lee, Tribune Washington Bureau – WASHINGTON — The Federal Reserve upgraded its outlook for the economy, predicting the unemployment rate would fall to as low as 7.8 percent in the…
Facebook partners with security firms
By Jessica Guynn, Los Angeles Times – SAN FRANCISCO — As it closes in on 1 billion users, Facebook Inc. has formed partnerships with five security software outfits to crack down on…
Google launches ‘Drive’ cloud storage service
By Mike Swift, San Jose Mercury News – SAN JOSE, Calif. — Google is taking the wraps off a long-anticipated product that it views as one of its most important launches of…
Ford to rely on SUVs in China, target growing middle class
By Alisa Priddle, Detroit Free Press – BEIJING — Ford Motor Co.’s China strategy centers on four new SUVs as that segment gains traction in the world’s largest auto market, and it…