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CB Insights honors Next Level Ventures

CB Insights has recognized Des Moines-based Next Level Ventures as Iowa’s most active venture capital firm, for the fourth straight year. Next Level Ventures invests between $1 million and $4 million in high-growth businesses and currently …

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Today’s ag picture: Farmers confident; economists, lenders, government, not so much

Successful Farming: With Trump tariff payments boosting Corn Belt farm revenue, farmer confidence shot to its highest level since last June, just before the trade war began against China, said the monthly Ag Economy Barometer …

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DHI Group reports lower net income, sees tech revenue stabilizing

Career-site company DHI Group Inc., which has operations in Urbandale, reported fourth-quarter net income of $2.9 million, or 6 cents per share, on revenues of $38 million. By comparison, fourth-quarter 2017 net income was $11.8 million or …

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Appeals court overturns judge’s ruling in ISU air quality case

Ames Tribune: A district court was wrong to overrule a jury’s verdict in a discrimination and retaliation lawsuit filed against Iowa State University by a former employee, the Iowa Court of Appeals ruled Wednesday. In its …

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Iowa officials propose payout change for first week of unemployment

Radio Iowa: The state’s Workforce Development agency has proposed a six-month delay in paying the first week of unemployment benefits. Unions are sharply critical of the move, but the plan got initial approval from Republicans on …

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California wildfires drive 2018 net loss for EMC

EMC Insurance Group Inc. reported a net loss of $21.5 million, a $1 per share loss, for the quarter ended Dec. 31, compared to net income of $26.2 million or $1.23 per share for the …

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Wells Fargo experiences widespread online, mobile outage

Wells Fargo customers across the country were finding it nearly impossible to get any of their mobile and online banking done this morning while the bank suffered from what seemed to be a severe outage,…
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American Equity ends 4Q, 2018 on high notes

American Equity Investment Life Holding Co. on Wednesday reported fourth-quarter net income of $53.8 million, or 59 cents per share, compared to net income of $36.8 million, or 41 cents per share, for fourth quarter 2017. For …

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IUB seeks comments on electric vehicle rules

The Iowa Utilities Board has decided to write a rule governing electric vehicle charging. The board will take comments on the rule for 30 days. “As EV charging stations are developed in Iowa, other state agencies may …

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Wells Fargo’s Mary Mack to Scouts: Give back to the community

Wells Fargo, Central Iowa’s largest employer, has focused on supporting the communities in which it operates, said Mary Mack, the senior executive vice president, head of consumer banking, who oversees 107,000 workers across the country.…