Archive for September 2010
Wellmark won’t raise rates due to health reform
Iowa’s largest health insurer, Wellmark Blue Cross and Blue Shield, does not plan to increase group rates as a result of new health-reform requirements, the company said this morning. Some other health insurers say they …
Read MoreDebit card use surpasses credit card purchases
Americans are shunning their credit cards and using debit cards to avoid incurring more debt, Bloomberg reported.
Total payment volume for debit cards surpassed credit-card volume for the first time in 2009 and will continue …
Read MoreAviva Investors appoints CEO
Aviva Investors has appointed Pat O’Brien as CEO of Aviva Investors North America Inc., the company announced Tuesday. O’Brien will have overall responsibility for Aviva Investors’ operations in the United States and Canada, reporting to …
Read MoreHoover/Meredith schools set to break ground
Hoover High School and Meredith Middle School will hold a groundbreaking ceremony at 5:30 p.m. Wednesday for a $5 million expansion and renovation project. The project is highlighted by the Technology Learning Center, which will …
Read MoreSauer-Danfoss reaches new credit agreement
Ames-based Sauer-Danfoss Inc. has entered into a new credit agreement with its majority stockholder, Danfoss A/S, which replaces a prior credit facility that was set to expire on April 29, 2011. The new agreement, …
Read MoreAnkeny doubles economic development incentive
The Ankeny City Council on Tuesday approved a new policy that will provide up to 10 years of economic development incentives to existing businesses in Ankeny that make new investments or add employees, double the …
Read MoreEmployers receive Iowa Freedom Award
Gov. Chet Culver yesterday presented the Iowa Freedom Award to four organizations in recognition of their support of their National Guard and Reserve employees. Recipients of the 2010 Iowa Freedom Awards in the large employer …
Read MoreIRS releases health-care tax credit form
The Internal Revenue Service has released a draft version of the form that small businesses and tax-exempt organizations will use to calculate the small business health care tax credit when they file income tax returns …
Read MoreNominations open for Partners in Efficiency
The Iowa Business Council is accepting nominations for the Iowa Partners In Efficiency Award through Sept. 30. This award was established to recognize the employees or the work units in any political subdivision of local, …
Read MoreCasey’s considers third-party offer
Casey’s General Stores Inc. said today that it is negotiating a “consensual transaction” to sell the company for $40 a share, far exceeding the $38.50 offered by Canadian-based Alimentation Couche-Tard Inc. in a hostile takeover …
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