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China’s Shuanghui in $4.7B deal for Smithfield
May 30, 2013 RICHMOND, Va. — That ham sandwich you had for lunch is the latest example of China’s growing appetite for U.S. investment. Smithfield Foods Inc., one of the biggest pork producers in the U.S. more »»
Nasdaq paying $10M to Facebook
May 30, 2013 WASHINGTON — Nasdaq has agreed to pay a $10 million penalty to settle federal civil charges after regulators said its systems and decisions disrupted Facebook's public stock offering last year. more »» 
Rising home and stock prices boost US confidence
May 29, 2013 WASHINGTON — Americans are more confident in the U.S. economy than at any point in the past five years, thanks to surging home values, a brighter job market and record-setting stock prices. more »»
Wal-Mart pleads guilty for hazardous waste
May 29, 2013 SAN FRANCISCO — Wal-Mart Stores Inc. will pay $81 million after pleading guilty to criminal charges the company dumped hazardous waste across California, a company spokeswoman said Tuesday. more »» 
Names & Notes
May 26, 2013 Kozak named Claes Nobel Educator of Distinction Principal Rex Kozak, of East Marshall High School in Le Grand, was recently selected as a Claes Nobel Educator of Distinction by the National Society... more »» 
Some unions now angry about health care overhaul
May 25, 2013 WASHINGTON — When President Barack Obama pushed his health care overhaul plan through Congress, he counted labor unions among his strongest supporters. more »» 
Applications for US unemployment aid fall to 340K
May 24, 2013 WASHINGTON — The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth. more »»
IMF chief Lagarde in court in fraud probe
May 24, 2013 PARIS — International Monetary Fund chief Christine Lagarde faced hours of questioning at a special Paris court Thursday over her role in the 400 million euro ($520 million) pay-off to a... more »» 
A divided Fed wrestles with when to slow bond buys
May 23, 2013 WASHINGTON — The Federal Reserve is torn over when to slow its aggressive efforts to stimulate the econom. more »»
US home sales tick up to highest in 3 ½ years
May 23, 2013 WASHINGTON — Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale. more »» 
Apple’s Cook faces Senate questions on taxes
May 22, 2013 WASHINGTON — The Senate dragged massively profitable Apple Inc. into the debate over the U.S. more »»
Microsoft touts new Xbox One
May 22, 2013 REDMOND, Wash. — Microsoft thinks it has the on. more »» 
Yahoo takes big leap with $1.1B deal for Tumblr
May 21, 2013 SAN FRANCISCO — Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet pioneer that had fallen behind the times. more »»
Panel: Apple uses firms outside US to avoid taxes
May 21, 2013 WASHINGTON — Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. more »»
Actavis buying Warner Chilcott in $8.5B deal
May 21, 2013 NEW YORK — Actavis is buying Warner Chilcott in an all-stock deal valued at about $8.5 billion that would create the third-biggest specialty pharmaceutical company in the U.S. market. more »»
Buybacks are a big factor behind stock market boom
May 20, 2013 NEW YORK — It’s the narcissist rally. Sure, there are plenty of forces pushing stocks higher — record corporate earnings, small investors finally buying again, signs the U.S. more »» 
Names & Notes
May 19, 2013 Retirement party for Anderson The Marshalltown Area Chamber of Commerce Board of Directors and staff invite the public to an open house honoring Ken Anderson from 2 to 4 p.m. more »» 
A year after IPO, Facebook aims to be ad colossus
May 19, 2013 NEW YORK — It was supposed to be our IPO, the people’s public offering. more »» 
Gauge of US economy’s future health up in April
May 18, 2013 WASHINGTON — A measure of the U.S. economy’s future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market. more »» |
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