NorthIowaToday.com

Founded in 2010

News & Entertainment for Mason City, Clear Lake & the Entire North Iowa Region

Category: Business

U.S. sanctions Iranian petrochemical industry

WASHINGTON, May 31 (UPI) — The U.S. Treasury Department imposed sanctions on the Iranian petrochemical industry Friday to further derail Iran’s alleged nuclear weapons program. The department said one petrochemical company had

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Markets end week with downturn

NEW YORK, May 31 (UPI) — U.S. markets closed lower Friday after the Commerce Department said consumer spending dropped slightly in April. Spending fell 0.2 percent, while economists had predicted a 0.1

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Non-employer businesses on the rise

WASHINGTON, May 30 (UPI) — The number of businesses with no paid employees rose 1.7 percent in 2011, gaining in all states except two, the U.S. Census Bureau said Thursday. The number

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Stocks up, Dow at a new perch

NEW YORK, May 28 (UPI) — Favorable economic data pushed U.S. stocks higher Tuesday, sending the Dow Jones industrial average to a new closing high. The S&P/Case-Shiller home price report said home

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Consumer confidence improved in May

NEW YORK, May 28 (UPI) — U.S. consumer confidence rose for the second consecutive month in May, the Conference Board said Tuesday. The index had been trending lower, but May’s gain is

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Kellogg settles Mini-Wheat lawsuit

BATTLE CREEK, Mich., May 28 (UPI) — Kellogg has agreed to settle a class-action lawsuit over claims that Mini-Wheat cereal improved childhood attentiveness, a U.S. settlement administrator said. The settlement, which must

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Fresh orders for factories rise

WASHINGTON, May 24 (UPI) — U.S. durable goods orders jumped 3.3 percent in April, about twice the gain economists had expected, the U.S. Commerce Department said Friday. Factory orders climbed by $7.2

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Stock indexes close mixed

NEW YORK, May 24 (UPI) — U.S. stock indexes closed mixed on Friday, with the Dow Jones industrial average closing just above break-even on the New York Stock Exchange. The Dow was

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Markets avert a tumble

NEW YORK, May 23 (UPI) — U.S. stock indexes complied with a timeless adage Thursday: What goes up must come down. After setting a series of record closing highs in a rally

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Apple picks Texas for $100 million plant

CUPERTINO, Calif., May 22 (UPI) — U.S. technology giant Apple’s Chief Executive Officer Tim Cook said the company would build a factory in Texas to assemble Macintosh computers. Cook and Apple made

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Markets stumble on Bernanke’s remarks

NEW YORK, May 22 (UPI) — U.S. stock indexes turned down Wednesday following comments from Federal Reserve Chairman Ben Bernanke. In a prepared statement to the Joint House and Senate Economic Committee,

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Army orders more NVGs

ROANOKE, Va., May 21 (UPI) — ITT Exelis has received a $48 million follow-on order from the U.S. Army for enhanced night vision goggles. The order, which is expected to be completed

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Auto Outlook: Domestic cars quality up

By AL SWANSON New models from Chrysler, Buick, Chevrolet and Ford are at the top of their respective segments in Strategic Vision’s “Best 2013 Total Quality” awards. The research consultancy annually acknowledges

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