Orlan Love, CR Gazette – As long as Iowa farmers lead the nation in corn production, they will be among the leading contributors of nitrogen fertilizer to the dead zone in the…
Category: Business
The NorthIowaToday.com Business Section. Business stories and a directory of top North Iowa businesses.
BRIEF: Scranton named dean of University of Iowa engineering college
Diane Heldt, CR Gazette – University of Iowa Provost P. Barry Butler named Alec B. Scranton as dean of the College of Engineering, effective immediately, officials announced Monday. Scranton has served as…
Southwest Airlines to begin service from Des Moines September 30th
(DES MOINES) – The Office of Gov. Terry Branstad and Lt. Gov. Kim Reynolds today learned that Southwest Airlines will begin flights from Des Moines on September 30, 2012. Upon hearing the…
Beef processor files for bankruptcy, blames ‘pink slime’ furor
By Marc Lifsher and Tiffany Hsu, Los Angeles Times – SACRAMENTO, Calif. — A national ground beef processor owned by Los Angeles private equity firm Yucaipa Cos. and basketball Hall of Famer Magic…
Apple to improve conditions at Chinese factories after probe
By Andrea Chang, Los Angeles Times – LOS ANGELES — An investigation into the Chinese factories that produce Apple products found “significant issues with working conditions,” according to a report released by a…
Yahoo sites to offer ‘do not track’ feature by early summer
By Jim Puzzanghera, Los Angeles Times – WASHINGTON — Yahoo Inc. will offer a “do not track” feature on all its websites by early summer that will allow consumers to opt out of…
Consumer spending rises; income and savings slip
By Tiffany Hsu, Los Angeles Times – LOS ANGELES — What high gas prices? American consumer spending last month increased by the most in seven months, even though the rise in their incomes…
Ford to invest $1.3 billion in Mexico plant for Fusion, MKZ
By Alisa Priddle, Detroit Free Press – DETROIT — Ford will invest $1.3 billion in its Hermosillo, Mexico, plant and is creating 1,000 jobs to make the all-new 2013 Ford Fusion and Lincoln…
Gail MarksJarvis: A step-by-step guide to setting up an IRA
By Gail MarksJarvis, Chicago Tribune – Do you feel like an IRA dummy? If so, you have company. About a third of Americans have an IRA, and confusion, rather than money, is often…
Spending Smart: A new emphasis on financial literacy
By Gregory Karp, Chicago Tribune – Success in life and money usually stems from making good decisions. But you’re unlikely to make good decisions without knowledge. And survey after survey shows Americans, young…
Craft chain Michaels Stores files for IPO
By Shan Li, Los Angeles Times – LOS ANGELES — Arts-and-crafts chain Michaels Stores Inc. is seeking to raise $500 million in an initial public offering. In a filing with the Securities and…
Honda will recall CR-V, Pilot sport-utility vehicles
By Jerry Hirsch, Los Angeles Times – LOS ANGELES — Honda Motor Co. said it will recall about 554,000 model-year 2002 to 2004 CR-V and model-year 2003 Pilot vehicles in the United States…
Toyota raises some prices as auto sales heat up
By Jerry Hirsch, Los Angeles Times – LOS ANGELES — While stronger-than-expected auto sales are prompting industry analysts to raise their forecasts of how many cars Americans will buy this year, automakers are…
Stocks notch stellar 1st quarter
By Kate Gibson, MarketWatch – NEW YORK — U.S. stocks on Friday snared their biggest first-quarter gain in more than a decade, after a better-than-anticipated rise in consumer confidence and spending boosted views…
Farmers expect to plant record corn, fewer soybean acres this year
George C. Ford, CR Gazette – Farmers are expected to plant a record corn crop and fewer soybean acres this year than they did in 2011, according to projections reported Friday by…
Eurozone nations agree to $1 trillion bailout total
By Henry Chu, Los Angeles Times – LONDON — The 17 nations of the eurozone agreed Friday to increase their bailout resources in an attempt to keep a lid on the debt crisis…
New claims for jobless benefits drop; GDP grows at solid pace
By Don Lee, Tribune Washington Bureau – WASHINGTON — Fresh evidence indicates that the labor market is continuing to heal and that there’s stronger economic growth supporting new hiring than the most obvious…
Consumer Reports targets medical devices’ safety
By Chad Terhune, Los Angeles Times – LOS ANGELES — Consumer Reports has criticized the safety testing that went into the Lap-Band weight-loss device, raising concerns about poor regulatory oversight of medical equipment…
Federal agencies urged to share wireless spectrum
By Jim Puzzanghera, Los Angeles Times – WASHINGTON — The Defense Department and other federal agencies should share a swath of valuable public airwaves with wireless companies to help meet rising demand from…
Rex Huppke: First rule of work email: Don’t email
By Rex Huppke, Chicago Tribune – Sometimes I don’t think we deserve email. It’s a tool of immeasurable importance in today’s working world, yet we’re wildly cavalier with it, firing off mistake-riddled missives…
Facing labor shortages, businesses urge aid for undocumented workers
By Daniel C. Vock, Stateline.org – WASHINGTON — In Garden City, a sprawling blue-collar town on the western plains of Kansas, local businesses struggle to find enough workers. At the end of last…
Stocks retrench after steep rally
By Kate Gibson, MarketWatch – NEW YORK — U.S. stocks slid Tuesday as Wall Street offered muted reaction to the day’s economic data and took a break after the past months’ rally. “I…
Iowa Economic Development Authority Board approves projects resulting in $71 million in capital investment
March 26, 2012 (DES MOINES, IA) – The Iowa Economic Development Authority board today awarded financial assistance to seven companies for job creation and expansion projects. Today’s awards will assist in the…
Facebook seeks dismissal of NY man’s lawsuit
By Jessica Guynn, Los Angeles Times – SAN FRANCISCO — Facebook Inc. asked a federal judge to throw out a case brought by a New York state man who claims he’s entitled to…
California business gets state help to relocate office to Cedar Rapids
George C. Ford, CR Gazette – CEDAR RAPIDS — A California business will receive state financial help to relocate its support services office to Cedar Rapids. The Iowa Economic Development Authority board…
Stocks rise as Bernanke signals easy-money policy
By Laura Mandaro, MarketWatch – SAN FRANCISCO — Major stock indexes erased a week’s worth of losses Monday, surging after Federal Reserve Chairman Ben Bernanke signaled the central bank is committed to a…
Massive beef recall in Canada crosses border into U.S.
By Sandi Doughton, The Seattle Times – SEATTLE — A massive beef recall in Canada has crossed the border, leading the Seattle branch of a major food distributor to recall 16,800 pounds of…
Yahoo spurns activist investor favorites, names 3 new board directors
By Pete Carey, San Jose Mercury News – SAN JOSE, Calif. — Setting the stage for a battle to control one of the Web’s pioneering companies, Yahoo late Sunday appointed three new directors…
Consumer Confidential: Accountability for dating sites
By David Lazarus, Los Angeles Times – California cracked down this week on online dating sites — and it’s about time. Now federal authorities should recognize that running a website doesn’t entitle you…
Auto review: Camaro ZL1 a race-ready daily driver
By G. Chambers Williams III, McClatchy Newspapers – ALTON, Va. — On the track or on twisty country roads surrounding the Virginia International Raceway, the all-new 2012 Chevrolet Camaro ZL1 coupe feels right…
McDonald’s CEO Skinner to step down
By Emily Bryson York, Chicago Tribune – CHICAGO — Big Macs aren’t going anywhere, nor is the Egg McMuffin. As McDonald’s begins its CEO transition, expect very little to change in the short…
Auto review: Nissan NV van makes driver comfortable
By Larry Printz, The Virginian-Pilot – For decades, Detroit automakers have gone unchallenged in a particularly unglamorous segment of the vehicle market: full-size cargo vans. That’s no longer the case, with such competitors…
Chevrolet Impala a top seller but commands little fanfare
By Mark Phelan, Detroit Free Press – The Chevrolet Impala full-size sedan is an odd combination: a best-selling car nobody seems to love or even think about much. Chevy hopes to change that…
Car-charger maker aims to cut the cord
By John Murawski, McClatchy Newspapers – MORRISVILLE, N.C. — Will the electric car recharger be the next technology to go wireless? That’s the question posed by Evatran, a Morrisville startup that has created…
Gail MarksJarvis: Time to get to work on next year’s taxes
By Gail MarksJarvis, Chicago Tribune – Let your tax return be a lesson to you. Next year at tax time, there may be no need to end up the way you did on…
Obama nominates Dartmouth’s president to be World Bank chief
By Don Lee, Tribune Washington Bureau – WASHINGTON — President Barack Obama on Friday nominated Dartmouth College President Jim Yong Kim, a physician and anthropologist by training, to succeed Robert Zoellick as the…
IRS says it’s auditing more millionaires
By Tiffany Hsu, Los Angeles Times – LOS ANGELES — Attention, millionaires, the watchful eye of the Internal Revenue Service is trained on you. During last year’s tax season, 30 percent of multimillionaires…
In mileage crunch, carmakers pare engines to 3 cylinders
By Jerry Hirsch, Los Angeles Times LOS ANGELES — Imagine a car that gets more than 40 miles per gallon in everyday traffic and 50 on the highway — and it isn’t an…
U.S. stocks close tough week on bright note
By Laura Mandaro, MarketWatch – SAN FRANCISCO — U.S. stocks rose Friday on a round of bargain hunting and a surge in energy shares, curbing what still turned out to be the worst…
Corzine approved MF Global fund transfer
By Steve Goldstein, MarketWatch – WASHINGTON — A congressional committee investigating how $1.6 billion of customer funds went missing from bankrupt brokerage MF Global said Friday it’s found evidence that former CEO Jon…