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The Des Moines City Council will consider a resolution Monday that would be the first step toward decriminalizing marijuana in Iowa’s capital city and making enforcement of marijuana possession law enforcement’s lowest priority.

Cedar Rapids Gazette: The same plane taken for a vacation to Disney World soon could be reconfigured to hold medical supplies, thanks to a new process by Cedar Rapids-based Collins Aerospace. With the demand for passenger …

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D.M. moves to study decriminalizing marijuana

Des Moines Register: The Des Moines City Council will consider a resolution Monday that would be the first step toward decriminalizing marijuana in Iowa’s capital city and making enforcement of marijuana possession law enforcement’s lowest priority. …

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Facebook announces $200M to support black-owned businesses, organizations

Facebook will be investing an additional $200 million to support black-owned businesses and organizations in the U.S., the company announced this week. Eligibility details have not yet been released by the company, which has a …

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Athene takes $500M stake in Jackson National Life, will reinsure $27.6B in annuities

The reinsurance arm of Athene Holding Ltd. will invest $500 million in Prudential PLC’s U.S. life insurance businesses, including Jackson National Life Insurance Co., as the Athene unit reinsures $27.6 billion of Jackson’s annuities business, A.M. …

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10% of Iowans unemployed in May, according to new report

Iowa’s seasonally adjusted unemployment rate was 10% in May, down slightly from April’s rate of 10.2%, Iowa Workforce Development reported today.

The May 2019 rate was 2.7%.

“Given Iowa did not begin to reopen until …

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Vendors vent fears over State Fair’s cancellation with Axne

Crowds gather in a free entertainment area of the Iowa State Fair in 2019. This year’s fair has been canceled because of the coronavirus pandemic and fears of the inability to maintain social distancing guidelines. Photo …

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NOTEBOOK: Who’s in the June 19 issue?

Here’s a list of local people in the June 5 issue of the Business Record and the page number of the article in which they are mentioned. Members can read all of this week’s stories …

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COVID-19 contributes to drop in Lee earnings

Nasdaq: Media company Lee Enterprises Inc. of Davenport reported a second-quarter loss per share of 9 cents, compared with a loss of 5 cents per share a year ago. Adjusted earnings before interest, taxes, depreciation and …

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UI’s biggest college preparing for layoffs, pay cuts, furloughs

Cedar Rapids Gazette: The University of Iowa’s College of Liberal Arts and Sciences — the largest on campus — has been asked to identify up to $25 million in cuts following massive coronavirus-related financial losses and …

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Iowa bars plan new takeout drink options following legislative action

Des Moines Register: Some metro bars are already preparing for a flurry of cool creativity after the Iowa Legislature passed a bill that allows them to continue selling drinks for off-premises consumption. The bill passed the …