Money & Markets

In a slow-growth world, tech stocks are trending again

NEW YORK - Technology stocks are trending big-time as investors latch on to innovative companies racing ahead in a slow-growth world.The tech-heavy Nasdaq is the best performing major U.S. stock index this year, gaining 6.6 percent as the Standard & Poor's 500 and the Dow Jones ...

Greece’s euro partners approve billions in new loans

BRUSSELS - Finance ministers of the 19-nation euro single currency group on Friday approved the first 26 billion euros ($29 billion) of a vast new bailout package to help rebuild Greece's shattered economy.The approval came after Greece's parliament passed a slew of painful reforms and spending ...

Bail granted to trader accused in ‘flash crash’

LONDON - A British court has granted bail to the financial trader accused of contributing to the 2010 Wall Street "flash crash." District Judge Quentin Purdy, sitting at Westminster Magistrate's Court, accepted a renewed bail application from Navinder Singh. Sarao with conditions, including a ...

US factory output climbed in July

WASHINGTON - Auto plants, clothing makers and plastics factories drove a sharp rebound in U.S. manufacturing in July.U.S. factory production climbed a seasonally adjusted 0.8 percent last month after a revised estimate showed that output had dipped 0.3 percent in June, the Federal Reserve said ...

Apple shows interest in automotive facility

SAN FRANCISCO - Adding fuel to rumors that Apple is working on designs for a car, local officials say engineers for the giant tech company recently made inquiries about a former navy base that's been converted into a testing ground for self-driving cars and other cutting-edge vehicles. Apple, ...

Monthly average of US jobless claims falls to 15-year low

WASHINGTON - More people sought U.S. unemployment aid last week, but the average for the past month fell to the lowest level in 15 years, a sign that few employers are cutting jobs.The Labor Department said Thursday that applications for jobless benefits rose 5,000 to a seasonally adjusted ...

Greek government defends bailout deal ahead of vote

ATHENS, Greece - The Greek government defended its new bailout program in tumultuous parliamentary sessions Thursday, as Prime Minister Alexis Tsipras faced a rebellion in his governing Syriza party ahead of a vote on the deal.The draft bill for the three-year rescue package worth about 85 ...

US retail sales rose in July, aided by autos and restaurants

WASHINGTON - Americans bought more cars, restaurant meals and building supplies in July, a rise in spending that points to steady economic growth anchored by an improving job market.Retail sales climbed 0.6 percent last month after a flat reading in June, the Commerce Department said ...

Amaya acquires fantasy sports betting

MONTREAL - Online gaming company Amaya is bolstering its entry into fantasy sports betting by acquiring U.S.-based Victiv for an undisclosed price. The daily betting site launched last September will be rebranded StarsDraft and be ready for the upcoming NFL season and offer a venue for league ...

2 jumbo phones from Samsung to be released

NEW YORK - Samsung has unveiled two new Android smartphones with jumbo screens as it seeks to recapture some of the sales lost to Apple after larger iPhones came out last year.Samsung said Thursday that the new Galaxy Note 5 and S6 Edge Plus will start shipping Aug. 21 in the U.S. and Canada. ...

China tries to dampen fears of devaluations

BEIJING - China tried Thursday to ease fears of more big declines for the yuan as companies from global automakers to Chinese clothing exporters faced a new era of uncertain exchange rates.There is "no basis for persistent and substantial devaluation," said a deputy central bank governor, Zhang ...

Harold O. Kallestad, 87

Harold O. Kallestad, 87, of Marshalltown, Iowa, passed away on Wednesday, August 12, 2015, at the Central Iowa Healthcare. Memorial services for Harold will be held at 10:30 a.m. on Monday, August 17, 2015, at Elim Lutheran Church with Pastor Karen Cluts and Rev. Allan Thoreson will be ...

Janice Thomas, 68

Janice Thomas, 68, of Marshalltown, Iowa passed away on Tuesday, August 11, 2015, at Central Iowa Health Care in Marshalltown, Iowa. Services ran by the family will be held on Saturday, August 15, 2015, from 1:00 until 3:00 at Vineyard Christian Fellowship at 214 W. Main Street, in ...

John N. Sheldahl, 72

John N. Sheldahl, 72, of Hubbard, IA, died on Tuesday, August 11, 2015, at Hubbard Care Center.Funeral services will be held at 10:30 a.m. on Saturday, August 15, at St. John's Lutheran Church in Hubbard. John will be buried at Hubbard Cemetery.Friends may call at St. John's Lutheran Church in ...

Leona Schultz, 95

Funeral Arrangements for 95 year old Leona Schultz, of Marshalltown, are pending at the Bates Funeral Chapel in Oskaloosa, Iowa.

Daily Record, Aug. 14, 2015

Marshall County CourthouseCourtTursday Rachel R. Lewis made an initial appearance on an assault on a person in a certain occupation, jail staff, charge. The public defender's office was appointed as counsel. The preliminary hearing is scheduled at 1 p.m. on Aug. 24. Bond is set at $2,000 cash ...

Reading from afar

Dear Heloise: I wanted to tell your readers something I just found out about. My brother was DEPLOYED OVERSEAS and missed his nephew. One day, we got a package from him with a book and DVD. I played the DVD for my son. My brother was reading the book, showing the pages and talking to his ...

Reading from afar

Dear Heloise: I wanted to tell your readers something I just found out about. My brother was DEPLOYED OVERSEAS and missed his nephew. One day, we got a package from him with a book and DVD. I played the DVD for my son. My brother was reading the book, showing the pages and talking to his ...

Trump, the counterfeit republican

In every town large enough to have two traffic lights there is a bar at the back of which sits the local Donald Trump, nursing his fifth beer and innumerable delusions. Because the actual Donald Trump is wealthy, he can turn himself into an unprecedentedly and incorrigibly vulgar presidential ...

Throwing public education under the bus

Today's fee frenzy is a race to nowhere.Public education used to be, you know, public - an essential societal investment for the betterment of all, paid for by all through school taxes.In addition to privatization schemes to turn education over to corporate profiteers, public schools themselves ...