Archive for June 2011
Ames chosen as Hipra’s North American headquarters
Ames has been selected as the first North American headquarters of Laboratorias Hipra, a Spanish animal health company. Pending approval of local and state incentives, the company announced plans to develop a manufacturing facility at …
Read MoreBob Brown to break ground on new facility
Bob Brown Chevrolet broke ground today on a $20 million car dealership facility at 3600 111th Street in Urbandale. The auto dealer, which will relocate to the southeast corner of Douglas Avenue and Iowa Interstates …
Read MoreWestgate picks up Walnut Street property
Westgate Partnership LLC, the investment group that owns the Chamberlain Building at 1312 Locust St. and the former Kruidenier Cadillac building at 1408 Locust St., has purchased a semi-improved parcel at 1314 Walnut St. Iowa …
Read MoreDeere says new wireless broadband would interfere with GPS
Deere & Co. said today that a proposal under consideration by the Federal Communications Commission (FCC) would jeopardize use of the Global Positioning System (GPS) in agriculture and construction equipment.
The Moline, Ill.-based company is …
Read MoreNew CBO estimate: Debt nearly twice GDP by 2035
New figures released this morning by the Congressional Budget Office (CBO) show the nation’s debt rising to 190 percent of the gross domestic product (GDP) by 2035.
The annual long-term budget outlook forecasts a surge …
Read MoreMorgan Keegan fined $200 million, may be sold
The Securities and Exchange Commission, state regulators and the Financial Industry Regulatory Authority (FINRA) announced today that Morgan Keegan & Co. and Morgan Asset Management have agreed to pay $200 million to settle fraud charges …
Read MoreFinancial firms’ layoffs to outpace 2010
U.S. financial firms have been cutting staff dramatically this year, with more layoffs expected to come from Wall Street, according to a report from outplacement consulting firm Challenger, Gray & Christmas Inc. Unlike the widespread …
Read MoreNationwide donates $50,000 for disaster relief
To assist victims of the tornado that swept through Joplin, Mo., last month, the Nationwide Insurance Foundation announced today an additional $50,000 donation to support the American Red Cross Disaster Relief Fund. To date, Nationwide …
Read MoreEvent treats veterans, military to I-Cubs game
Iowa Beverage Systems and the Iowa Cubs have partnered to host up to 5,000 military veterans, active-duty service members and their families at an I-Cubs game on July 1. The event is part of the …
Read MoreStates near agreement with tobacco companies
Big cigarette makers could recoup $2 billion under a proposed deal with state attorneys general to resolve a long-running dispute over payments required by the landmark 1998 tobacco settlement, The Wall Street Journal reported.
Negotiators …
Read More