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Cargill hopes for approval for new proposed site for rail yard in Cedar Rapids

Cedar Rapids Gazette: Agricultural giant Cargill is proposing a new site on private land in Cedar Rapids to build a rail yard for its corn-milling operation, but neighbors continue to raise concerns about noise, property values …
By BPC Staff | Jul 16, 2019
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Jury decides Branstad discriminated against gay employee as governor, awards $1.5M

Des Moines Register: A jury has awarded a gay former state official $1.5 million in damages, finding that former Iowa Gov. Terry Branstad discriminated against him based on his sexual orientation. The eight-person Polk County jury …
By BPC Staff | Jul 16, 2019
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Wells Fargo posts higher profit on cost controls, rise in loans

Reuters: Wells Fargo & Co. reported higher quarterly profit today despite flat revenue as the bank benefited from aggressive cost-cutting. Revenue declined at Wells’ community bank and wholesale bank as net interest income was squeezed by …
By BPC Staff | Jul 16, 2019
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DMACC names Isley vice president of academic affairs

Des Moines Area Community College has named MD Isley as the college’s vice president of academic affairs. Isley, who had been the academic dean of business, management and information technology for the past six years, …
By BPC Staff | Jul 16, 2019
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NAM delegation urges passage of U.S.-Canada-Mexico trade agreement

A delegation of manufacturing leaders — including the heads of two Iowa-based companies —  met with Vice President Mike Pence on Monday to highlight the importance of the United States-Mexico-Canada Agreement to the U.S. manufacturing …
By BPC Staff | Jul 16, 2019
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Housing trust receives $250,000 grant

The Polk County Housing Trust Fund on Monday was awarded a $250,000 Prairie Meadows Legacy Grant, part of $6.6 million the racetrack and casino donated to area charities and organizations.

Among the recipients of the …
By BUSINESS RECORD STAFF | Jul 16, 2019
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Iowa City drone startup gets state, federal approval for aerial crop spraying

Cedar Rapids Gazette: An Iowa City-based agritech startup has become the state’s first company approved to spray agrichemicals from aerial drones. Rantizo, which develops and sells enhancements to existing aircraft, this week received licensing and certification …
By BPC Staff | Jul 15, 2019
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The Boulder Co. acquired by AFC Industries

AFC Industries Inc., a portfolio company of Incline Equity Partners, announced it has completed an acquisition of the Boulder Co., a value-added distributor of industrial components to original equipment manufacturers. Financial terms of the transaction were not …
By BPC Staff | Jul 15, 2019
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Cole to receive Ray Center’s Pillar of Character Award

The Robert D. and Billie Ray Center at Drake University will recognize 12 Iowa individuals and groups with awards for exceptional character next week. The 2019 Iowa Character Awards ceremony will be held July 26 …
By BPC Staff | Jul 15, 2019
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Franklin project back on council agenda

The Des Moines City Council today is slated to vote on the second reading of an ordinance that would rezone 12 acres at the former Franklin Junior High School site from a limited neighborhood retail …
By BPC Staff | Jul 15, 2019