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BRIEF: Rockwell Collins expands Candian presence

Dave DeWitte, The Gazette, Cedar Rapids, Iowa – Rockwell Collins unveiled newly expanded and renovated offices in Canada’s capital of Ottawa on Tuesday. The Ottawa facility specializes in design and development…

Consumer watchdog plans 26 percent increase in its budget

By Jim Puzzanghera, Los Angeles Times – WASHINGTON — The agency protecting consumers in the financial marketplace plans to increase its budget 26 percent next year as it ramps up to…

Regulators weigh public comments on ‘Volcker rule’

By Nathaniel Popper, Los Angeles Times – NEW YORK — Regulators are confronting some 15,000 public letters attempting to influence the final shape of one of the most controversial elements of…

Apple led sales of electronics in 2011

By Nathan Olivarez-Giles, Los Angeles Times – LOS ANGELES — Apple products accounted for 19 percent of all U.S. spending on consumer electronics during the holiday shopping season last year, helping…

American workers protest, says the airline is ‘Blaming Labor AgAAin’

American workers protest, says the airline is ‘Blaming Labor AgAAin’

By Andrea Ahles, McClatchy Newspapers – FORT WORTH, Texas — American Airlines is “blaming labor agAAin,” the carrier’s workers said as they marched in front of Terminal D at Dallas/Fort Worth…

On the Money: Those miles might be deductible

By Chuck Myers, McClatchy-Tribune News Service – You may have heard that the federal tax code allows for a mileage deduction when an automobile is used for business purposes. But did…

iPads seized in China over trademark row

By David Pierson, Los Angeles Times – BEIJING — An obscure Chinese company’s battle with Apple Inc. over who has rights to the iPad name took another unlikely turn after authorities…

Consumer agency to release sample mortgage statement

By Jim Puzzanghera, Los Angeles Times – WASHINGTON — The Consumer Financial Protection Bureau this week will unveil a prototype for a new monthly mortgage statement for consumers designed to clearly…

EU approves Google’s bid to buy Motorola

By Benjamin Pimentel, MarketWatch – SAN FRANCISCO — The European Union on Monday approved Google Inc.’s bid to buy Motorola Mobility, in a major boost to the Internet giant’s effort to…

Retirees face the risk of outliving their money

By Eileen Ambrose, The Baltimore Sun – Until recently, retirement planning focused mostly on helping workers accumulate savings. Now, the Treasury Department is tackling another aspect: making sure retirees don’t run…

Facebook blasted for male board bias

Andy Goldberg – SAN FRANCISCO — The majority of Facebook users may be women, and they use the site, on average, more than men. But the leadership of the world’s…

In Latin America, Chinese cars are gaining buyers

By Adriana Leon and Chris Kraul, Los Angeles Times – LIMA, Peru — At first, Lima taxi driver Mario Segura was disgusted by the thought of buying a Chinese-made car. He…

Chevrolet Malibu updates for global debut

Chevrolet Malibu updates for global debut

By Larry Printz, The Virginian-Pilot – When it comes to cars, Americans buy more midsize cars — or D-segment cars in automaker parlance — than any other country. The rest of…

Some can find nice tax-season surprises

By Gail MarksJarvis, Chicago Tribune – After the financial stress of the last few years, your tax return this year might offer you some of the first relief you’ve had in…

Car dealers ‘poised for a really good year’

By Alisa Priddle, Detroit Free Press – LAS VEGAS — As the nation’s auto dealers gathered for their annual convention, the mood was driven by growing profits, the anticipation of new…

Solyndra: Audit finds loan program lacked oversight

By Neela Banerjee, Tribune Washington Bureau – WASHINGTON — An independent audit of the federal loan guarantee initiatives that backed the troubled solar technology company Solyndra failed to turn up…

Cedar Rapids lands low-cost carrier with Frontier flights to Denver

George C. Ford, CR Gazette – CEDAR RAPIDS — Eastern Iowa travelers will soon have a low-cost alternative for flights from Cedar Rapids to Denver, Los Angeles and other western…

Dow falls 89 points, its biggest one-day drop this year

By Nathaniel Popper, Los Angeles Times – NEW YORK — Wall Street logged its worst week so far this year as investors worried that negotiations over a Greek bailout have unraveled,…

Officials say $25 billion foreclosure deal will help heal market

By Jim Puzzanghera, Los Angeles Times – WASHINGTON — In unveiling a landmark $25 billion settlement of investigations of foreclosure abuses, federal and state officials said Thursday they were holding the…

Oracle buying software maker Taleo for $1.9 billion

By Benjamin Pimentel, MarketWatch – SAN FRANCISCO — Oracle Corp. said Thursday it’s going to buy Taleo Corp. for $1.9 billion, highlighting the software behemoth’s aggressive bid to build up its…

Google’s first employee leaves to join education nonprofit

By Nathan Olivarez-Giles, Los Angeles Times – LOS ANGELES — Google Inc.’s first hired employee, Craig Silverstein, is leaving the tech giant, where he’s worked since its founding, to sign on…

Kodak to end its digital camera business

By Nathan Olivarez-Giles, Los Angeles Times – LOS ANGELES — Eastman Kodak, the company that invented the digital camera in 1975, is shutting down its digital camera business. Kodak, which filed…

Economy toughest on young adults, study finds

By Rebecca Trounson, Los Angeles Times – LOS ANGELES — As the nation climbs slowly out of the Great Recession, young adults appear to be having the toughest time of any…

Stocks extend gains on Greek progress

By Kate Gibson, MarketWatch – NEW YORK — U.S. stocks closed higher for a third day Thursday, with technology shares up the most, after Greece said it had an austerity deal…

‘Iowa’s Creative Corridor’ new regional brand for 7-county area

George C. Ford, The Gazette, Cedar Rapids, Iowa – A two-year rebranding effort involving more than 1,500 people has produced a new name, Iowa’s Creative Corridor, for the region formerly known…

New Main Street Communities Announced

February 9, 2012 (Des Moines, IA) – Governor Terry Branstad today announced that three Iowa communities were selected to join the Main Street Iowa program: Chariton, Jefferson and Lansing.  The announcement…

Georgia-Pacific to close Monticello container board plant

Dave DeWitte – CR Gazette – The ax fell Wednesday for about 45 employees at Monticello’s longtime Georgia-Pacific plant. Georgia-Pacific notified employees Wednesday that it will wind down operations over…

Rockwell Collins gets big order from China Eastern Airlines

Dave DeWitte, CR Gazette – China Eastern Airlines has ordered Rockwell Collins avionics for 50 new Airbus A320 aircraft. The order includes at least nine separate Rockwell Collins systems, including…

Fullerton Funeral Home hires new director

Jon C. Ross has joined Fullerton Funeral Home as a licensed Funeral Director and Embalmer. Jon was born in Marshalltown, IA and grew up in Fort Dodge, IA. He graduated…

Consumer credit jumps by $19.3 billion in December

By Don Lee, Los Angeles Times – WASHINGTON — For better and for worse, consumers are starting to take on more debt — much more, surprisingly. The Federal Reserve reported Tuesday…

SEC working on new rules for money-market funds

By Nathaniel Popper, Los Angeles Times – NEW YORK — Regulators are proposing dramatic reforms to one of the most popular places for retail investors to put their cash: money-market funds.…

Yahoo shakes up board in a bid to appease angry investors

By Jessica Guynn and Nathan Olivarez-Giles, Los Angeles Times – LOS ANGELES — Yahoo Inc. is cleaning out its boardroom. Its beleaguered chairman and three other directors will leave in the…

Fisker lays off workers, wants to renegotiate federal loan

By Jerry Hirsch, Los Angeles Times – LOS ANGELES — Fisker Automotive Inc. has stopped work at a former General Motors auto plant in Delaware where it plans to build Project…

Stocks gain on hopes for Greece

By Kate Gibson, MarketWatch – NEW YORK — U.S. stocks rose Tuesday, sending the Dow industrials to their highest close since 2008, as Greece reportedly neared accord on budget cuts, job…

Economic development committee aims to coordinate regents, state efforts

Diane Heldt, CR Gazette – A new state Board of Regents Economic Development Committee can be a way to better coordinate efforts to boost Iowa’s economy and to discuss more consistent…

Redbox, Verizon join forces for streaming movie rentals

By Ben Fritz, Los Angeles Times – LOS ANGELES — Betting that a combination of Internet streaming and kiosk DVD rentals can give consumers the most complete package in a fractured…

Ask the Experts: What looks attractive for investors?

By Claudia Buck, McClatchy Newspapers – With the economy starting to perk up, investors are wondering where they should be looking next. Here with some recommendations is Glenn Kenes, managing…

Brick-and-mortar businesses succeed in Iowa as e-commerce expands

George C. Ford, CR Gazette – Despite the popular belief that e-commerce is transforming brick-and-mortar businesses into modern versions of the buggy whip, many Corridor retailers continue to derive most…

Social Media: Should your business be on Pinterest?

Michael Chevy CastranovaThe Gazette, Cedar Rapids, Iowa – Chances are Pinterest has come up in a conversation recently. Perhaps it was the source of a recipe from a family gathering.…

GOP lawmakers criticize Fed chief’s efforts to boost the economy

By Don Lee, Tribune Washington Bureau – WASHINGTON — Even as Federal Reserve Chairman Ben S. Bernanke described the recovery as “frustratingly slow,” Republican lawmakers lit into the central bank chief’s…