International Business News - Midwest http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Federal prosecutors are seeking a major sentencing break for an activist who committed arson at Michigan State University, publicly acknowledging for the first time his wide-ranging undercover role in investigations of eco-terrorism. http://www.ibtimes.com/articles/20081010/feds-acknowledge-mich-arsonist-was-key-informant.htm Fri, 10 Oct 2008 18:57:56 EDT Inflation and job losses are weighing on the economy in nine Midwest and Plains states, according to a new survey of business executives released Wednesday. http://www.ibtimes.com/articles/20081001/survey-regional-economy-slows-to-a-crawl-in-sept.htm Wed, 01 Oct 2008 13:00:41 EDT A business owner checking a trash container for scrap cardboard was alarmed by something else: gas masks, maps, an M-80 explosive, arson photos and anti-government writings. http://www.ibtimes.com/data/articleimgs/138277-midwest-eco-terrorism.jpg http://www.ibtimes.com/articles/20080925/a-hunt-in-garbage-helps-solve-eco-terrorism-spree.htm http://www.ibtimes.com/articles/20080925/a-hunt-in-garbage-helps-solve-eco-terrorism-spree.htm Thu, 25 Sep 2008 04:10:36 EDT Minnesota and four of its neighbors are planning for more electricity from wind power. Governor Tim Pawlenty says the state is working with Iowa, Wisconsin, North Dakota and South Dakota on the Upper Midwest Transmission Development Initiative. http://www.ibtimes.com/articles/20080918/minnesota-4-neighbors-plan-for-wind-power.htm Thu, 18 Sep 2008 14:57:46 EDT Chinese steelmaker Sinosteel Corp. has taken control of 98 percent of Midwest Corp. and will proceed with compulsory acquisition of the Australian miner, Midwest said. http://www.ibtimes.com/articles/20080918/chinas-sinosteel-to-proceed-with-midwest-takeover.htm Thu, 18 Sep 2008 04:47:57 EDT First Midwest Bancorp Inc. said Monday that Chairman and Chief Executive John M. O'Meara died unexpectedly over the weekend. O'Meara, 62, had also served as chairman and CEO of the company's First Midwest Bank. O'Meara will be succeeded as First Midwest Bancorp CEO by President and Chief Operating Officer Michael L. Scudder. http://www.ibtimes.com/articles/20080915/first-midwest-bancorp-chairman-ceo-omeara-dies.htm Mon, 15 Sep 2008 11:17:42 EDT Two major shareholders in Australian iron ore miner Midwest Corp. have accepted takeover offers from Sinosteel Corp., giving the Chinese steelmaker more than an 82 percent stake in the company. http://www.ibtimes.com/articles/20080915/2-key-midwest-shareholders-accept-sinosteel-offer.htm Mon, 15 Sep 2008 07:59:34 EDT Chicago-area banker Midwest Banc Holdings Inc. on Monday said it remains well capitalized, after its stock fell more than 22 percent on the U.S. government's move to bail out mortgage companies Fannie Mae and Freddie Mac. http://www.ibtimes.com/articles/20080908/midwest-banc-says-it-remains-well-capitalized.htm Mon, 08 Sep 2008 16:06:42 EDT Midwest Air Group Inc. said Monday passenger traffic sank 23.3 percent in August from a year earlier, as the carrier filled fewer seats and trimmed capacity. http://www.ibtimes.com/articles/20080908/midwest-air-traffic-sinks-in-august.htm Mon, 08 Sep 2008 10:27:02 EDT Midwest Airlines is arranging for Republic Airways to provide some of its service on a dozen smaller jets, resulting in more "temporary furloughs" of Midwest personnel that now number in the hundreds. http://www.ibtimes.com/articles/20080904/republics-smaller-jets-to-serve-midwest-routes.htm Thu, 04 Sep 2008 06:55:25 EDT A survey of business executives suggests economic activity in the Midwest and Plains is still reflecting national troubles, showing weak growth and job losses. http://www.ibtimes.com/articles/20080902/survey-regional-economy-tepid-job-losses-coming.htm Tue, 02 Sep 2008 13:47:58 EDT Friedman, Billings, Ramsey & Co. analyst David Rochester on Wednesday warned that Midwest Banc Holdings Inc. is among the banks in his coverage area with a significant amount of equity exposure in troubled mortgage finance companies Fannie Mae and Freddie Mac. http://www.ibtimes.com/articles/20080827/fbr-midwest-banc-exposed-to-fannie-freddie-woes.htm Wed, 27 Aug 2008 15:04:37 EDT An indictment unsealed Monday charges a man suspected of killing eight people with one of the slayings, that of a 65-year-old who was beaten in the head with a blunt instrument. http://www.ibtimes.com/articles/20080728/indictment-for-man-suspected-of-ill-mo-killings.htm Mon, 28 Jul 2008 19:28:55 EDT Midwest Airlines said on Monday it will reduce its work force by 1,200 people as it grounds its 12 MD-80s. The cuts represent about 40 percent of current staffing at Midwest and its Skyway subsidiary. Besides the MD-80s--which it is flying until this fall--Midwest also flies 25 Boeing 717s. http://www.ibtimes.com/articles/20080714/midwest-airlines-cuts-work-force-by-40-percent.htm Mon, 14 Jul 2008 16:51:02 EDT University of Iowa officials on Tuesday more than tripled their estimated cost for flood damage at the campus, with the tab now expected to exceed $231 million. http://www.ibtimes.com/articles/20080708/u-of-iowa-floods-caused-more-than-230m-in-damage.htm Tue, 08 Jul 2008 19:29:25 EDT Duffels of police riot gear. Thousands of pens. Toys, water heaters and even dog houses. As floodwaters retreat across the Midwest, remnants of washed-out households are turning up in the muddy ooze miles from the families who lost them. http://www.ibtimes.com/data/articleimgs/88107-midwest-flooding-strange-debris.jpg http://www.ibtimes.com/articles/20080708/receding-floodwaters-give-up-trove-of-debris.htm http://www.ibtimes.com/articles/20080708/receding-floodwaters-give-up-trove-of-debris.htm Tue, 08 Jul 2008 16:17:01 EDT Midwest Air Group Inc. said Tuesday its June passenger traffic fell 7.6 percent, as the company cut its capacity and filled fewer seats. Midwest flew a total of 413.6 million revenue passenger miles, down from 447.4 million in the same month last year. A revenue passenger mile accounts for one paying passenger flown one mile. http://www.ibtimes.com/articles/20080708/midwest-air-june-traffic-falls.htm Tue, 08 Jul 2008 13:11:04 EDT U.S. Homeland Security Secretary Michael Chertoff got a firsthand look at damage from recent Missouri flooding and an update about how recovery is going. http://www.ibtimes.com/articles/20080708/homeland-secretary-chief-visits-flooded-missouri.htm Tue, 08 Jul 2008 10:50:17 EDT Scores of volunteers Tuesday helped tornado-damaged communities in northern North Dakota clear away debris from a storm that destroyed six homes and seriously injured one man. http://www.ibtimes.com/data/articleimgs/88215-midwest-tornado.jpg http://www.ibtimes.com/articles/20080708/tornado-damages-homes-in-northern-north-dakota.htm http://www.ibtimes.com/articles/20080708/tornado-damages-homes-in-northern-north-dakota.htm Tue, 08 Jul 2008 19:03:59 EDT The last of the Mississippi River navigational locks that were closed to barges because of flooding are back in business. Jennifer Godfrey of the Army Corps of Engineers says locks in Clarksville and Winfield have reopened. http://www.ibtimes.com/articles/20080705/2-mississippi-river-locks-reopen-as-waters-recede.htm Sat, 05 Jul 2008 17:34:04 EDT