Archive for January 2015
Nationwide to move 175 jobs from Des Moines
Nationwide Mutual Insurance Co. will move 175 jobs out of Des Moines to its home in Columbus, Ohio, The Des Moines Register reported. The company will relocate its home mortgage operations in Des Moines to its headquarters …
Read MoreFed: Midwest economic growth better than expected
The Midwest economy, led by continued strength in the manufacturing sector, grew at a rate that was slightly higher than expected in December, The Federal Reserve reported on Friday. The Midwest Economy Index increased to +0.67 in …
Read MoreScorecard report: Iowa ranks poorly for college debt
New data released this week by the Corporation for Enterprise Development shows that Iowa students are struggling with some of the worst levels of debt in the country and among the highest rates of student …
Read MoreJudge approves Dahl’s sale
U.S. Bankruptcy Court Judge Anita Shodeen on Friday approved the sale of Dahl’s Foods Inc. to three companies, including Associated Wholesale Grocers Inc. of Kansas, which will take over seven of Dahl’s 10 stores, The Des …
Read MorePartnership’s Ramsey to join Iowa Public Television
Greater Des Moines Partnership spokeswoman Susan Ramsey, the organization’s senior vice president for communications and marketing, is leaving to become communications director at Iowa Public Television. Her last day at the Partnership is Feb 13; …
Read MoreWest Bank parent reports record profits and loan volume
West Bancorporation Inc. reported fourth-quarter net income of $5.8 million today, a record for any individual quarter and compares with fourth-quarter 2013 net income of $4.3 million, according to a release. The company is the …
Read MoreDes Moines projects would take majority of state housing tax credits
After supporting $1 million in state tax credits for the renovation of the former Register and Tribune building earlier this month, the Des Moines City Council was set today to consider applications for another $10.8 …
Read MorePrincipal reports strong fourth-quarter, year-end results
Principal Financial Group Inc. on Thursday reported “a strong finish to a record-setting year” with a 13 percent increase in operating earnings for the fourth quarter and a 24 percent year-over-year increase. Net income available …
Read MoreInsurance commissioner files petition for CoOportunity liquidation
Iowa Insurance Commissioner Nick Gerhart on Thursday filed a petition in Polk County District Court seeking the liquidation of CoOportunity Health, a nonprofit health insurer serving Iowa and Nebraska residents. The insurer currently has an …
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