Iowa unemployment drops to 5.3 percent

Iowa’s seasonally adjusted unemployment rate continued to drop in February, falling to 5.3 percent from 5.4 percent in January, Iowa Workforce Development announced this morning. The comparable rate for February 2011 was 6 percent. Meanwhile, …

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Habitat receives $12 million tax credit award

Iowa Community Development LC (ICD) announced that it has awarded $12 million in federal tax credits through the New Market Tax Credit program to Habitat for Humanity, which will enable the nonprofit organization to build …

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Zimpleman receives lifetime achievement award

PLANSPONSOR, a leading national retirement industry magazine, has presented Larry Zimpleman, chairman, president and CEO of Principal Financial Group Inc., with the Lifetime Achievement Award for his extraordinary contributions to the retirement plan industry. “The …

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NewLink Genetics reports net loss

NewLink Genetics Corp., an Ames-based biopharmaceutical company focused on discovering, developing and commercializing cancer therapeutics, reported a net loss of $18.1 million, or $2.98 per share, for 2011 but painted an upbeat funding picture for …

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Urbandale battery distributor to expand

Retail Acquisition & Development Inc. (RAD) plans to expand its warehouse operations in Urbandale to add an estimated 57 new jobs. RAD sells and distributes automotive batteries to approximately 180 All Battery Center retail stores …

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Training scheduled for eCertify

The Greater Des Moines Partnership will host training sessions for exporters to learn how to use eCertify, a new state-of-the-art electronic program for completing certificates of origin. The new process replaces a paper-based system and …

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MidAmerican completes Illinois wind farm purchase

MidAmerican Renewables, a subsidiary of MidAmerican Energy Holdings Co., announced it has completed the acquisition of the 81-megawatt Bishop Hill II wind project from Invenergy Wind LLC. The project, which is currently under construction in …

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