Archive for August 2008

Lehman Bros. Holdings Inc., the fourth-largest U.S. securities firm, rose 15 percent in New York trading this morning after a report that Korea Development Bank is “open to” an acquisition, Bloomberg reported.

Lehman’s stock price …

The Iowa Division of Labor Services has proposed $101,000 in penalties against Agriprocessors Inc. in Postville for 31 new and repeat violations of state workplace safety laws. Violations include failure to provide safety railings on …

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The Weitz Co., with $1.4 billion in revenues last year, has earned the distinction of being among the top 20 fastest-growing companies in the United States based on total revenues and dollar-revenue growth.

The Des …

More Midwest flood relief funding and alternative energy legislation will be among the top issues Iowa’s congressional representatives will push for when Congress reconvenes next month, four members of the state’s congressional delegation told more …

West Bancorporation Inc. has notified federal regulators that its West Bank subsidiary will record a material charge against future earnings related to possible losses on two loans totaling $12.5 million.

In a filing this morning …

Microsoft Corp. has selected West Des Moines as the site of its new $500 million data center.

The center will be built on a 42-acre parcel at the intersection of Booneville Road and Xavier Place …

The Des Moines Register announced five newsroom layoffs to staff yesterday. Editor Carolyn Washburn addressed the newsroom staff in an e-mail that stated, “This week we have to say goodbye to five colleagues: Jane Norman, …

Ames-based Renewable Energy Group Inc. (REG) today announced that it has a scalable commercialization technology that will enable it to refine and produce large volumes of high-quality algae biodiesel.

REG has produced algae biodiesel at …