Archive for May 2011
Hy-Vee to expand in Chariton
The Iowa Economic Development Board this morning approved a tax-incentive package for Hy-Vee Inc. to expand its refrigerated food facility at its Chariton distribution center. The project represents an $18.3 million investment by the West …
Read MoreUBS: We’re not selling to Wells Fargo
UBS AG denied speculation that it may sell its U.S. wealth management unit to Wells Fargo & Co., saying the unit remains an “important part” of the Swiss bank, Bloomberg reported. Robert McCann, head of …
Read MoreWallace named IWD deputy director
Iowa Workforce Development (IWD) Director Teresa Wahlert announced that Ed Wallace, currently president of the Iowa Taxpayers Association, will serve as IWD’s deputy director, beginning June 1. A native of Iowa City, Wallace has been …
Read MorePolk County granted extension to review tax appeals
Polk County has been granted a July 15 extension to complete the property tax assessment appeal process. The extension will give the county’s board of review more time to complete the review of appeals filed …
Read MoreArts Festival announces entertainment lineup
The Des Moines Arts Festival announced its lineup of free music and entertainment acts for the annual event, which will be held June 24-26 at Western Gateway Park. The Aviva Stage, located on 12th Street, …
Read MoreOpen enrollment may encourage insurers to re-enter child-only market
As a provision of the federal health-care overhaul, any Iowa insurers that offer child-only health policies will be required to offer an open-enrollment period this summer. The Iowa Insurance Division says the rule appears to …
U.S. nuclear plants face retrofits
Entergy Corp., the second-largest U.S. nuclear operator, and Duke Energy Corp. said the industry may need to retrofit reactors or bolster safety systems after a pressure-relief system failed in Japan, contributing to the worst nuclear …
Read MoreFirst-time unemployment claims drop
The number of Americans filing new claims for unemployment benefits fell more than expected last week, offering hope the labor market recovery remains on track, Reuters reported.
Initial claims for state unemployment benefits fell by …
Read MoreLinkedIn trades today
Shares of LinkedIn stock traded at double their initial offering of $45 in the first hour after the business social network launched its initial public offering today, CNNMoney.com reported. At $90 a share, LinkedIn was …
Read MoreWallace named Iowa Workforce Development deputy director
Ed Wallace, former president of the Iowa Taxpayers Association, has been named deputy director of Iowa Workforce Development. Wallace previously served as an aide to former U.S. Attorney Matthew Whitaker and as an aide to …
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