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DowDuPont says company spinoffs will happen in 14 to 16 months

Wall Street Journal: DowDuPont Inc. today raised its forecast for cost savings from its push to divide itself into three companies and updated its timeline to complete the process. The chemical giant, formed from the August …
By BPC Staff | Feb 1, 2018
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Marsh & McLennan operating income up 8 percent in fourth quarter

Marsh & McLennan Cos. Inc. today reported strong results for the fourth quarter and full-year 2017. Consolidated revenue in the fourth quarter of 2017 was $3.7 billion, an increase of 10 percent compared with the …
By BPC Staff | Feb 1, 2018
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Facebook’s Altoona center awards $137K in grants

Facebook’s Altoona Data Center has awarded $136,970 to local nonprofit organizations. This year’s 11 grants bring the total since 2015 to $442,300. Among the recipients are schools and libraries. Southeast Polk schools will receive $49,900, and Bondurant-Farrar schools will …
By BPC Staff | Feb 1, 2018
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Whitson to receive Robert D. Ray character award

Iowa native astronaut Peggy Whitson has been named this year’s recipient of the Robert D. Ray Pillar of Character Award by the Robert D. and Billie Ray Center at Drake University. Whitson, a NASA astronaut …
By BPC Staff | Feb 1, 2018
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CR native is building the future, block by block

Brendan Blumer is an evangelist when it comes to the power of the blockchain to change the world. In company videos, the 31-year-old Cedar Rapids native and founder of block.one calls it “no less than …
By KATHARINE CARLON | Corridor Business Journal | Feb 1, 2018
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IPTV gets national NETA honor

Iowa Public Television has received the 2017 National Educational Telecommunications Association Award for Production – Short Form for “Greetings from Iowa.” The digital series started in March and introduces viewers to people, places and stories …
By BUSINESS RECORD STAFF | Jan 31, 2018
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Sponsors sought for summer food service program

In an effort to head off hunger, the Iowa Department of Education is seeking sponsors for a federally funded program that provides nutritious meals or snacks to children in low-income areas of the state during …
By BUSINESS RECORD STAFF | Jan 31, 2018
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Industry report: Wind power had strong ’17

U.S. wind power developments attracted $11 billion in investments in 2017, adding more than 7,000 megawatts to the mix, the U.S. wind industry’s fourth-quarter report found. Twenty-nine new wind farms totaling 4,125 megawatts began operations …
By BUSINESS RECORD STAFF | Jan 31, 2018
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Matt McCoy to seek seat on Polk County Board of Supervisors

Longtime legislator Matt McCoy will forgo seeking re-election to the Iowa Statehouse and instead run for a seat on the Polk County Board of Supervisors, the Des Moines Register reported. McCoy, 51, made the announcement today during …
By BUSINESS RECORD STAFF | Jan 31, 2018
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Reynolds signs water quality bill

Gov. Kim Reynolds got her wish today, signing legislation that provides $282 million in funding for a water quality project. “This law is a significant step in the right direction and should ignite a continuing …
By BUSINESS RECORD STAFF | Jan 31, 2018
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