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Principal board authorizes additional $500 million in stock repurchases

Principal Financial Group on Tuesday announced that its board of directors has approved a new authorization for the repurchase of up to $500 million of the company’s outstanding common stock. As of Sept. 30, about …

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Report: Branded drugs account for 79 percent of Rx spending

Sky-high prices on branded drugs are canceling out any positive effects that increased use of generic drugs has had on containing health care spending, according to a new report from the Blue Cross Blue Shield Association. Generic …

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Climate change report fallout: Trump doesn’t believe, EU does

When the Trump administration released the Fourth National Climate Assessment on Friday, the report suggested we are in for massive economic damage if climate change isn’t addressed soon. 

The fallout has been interesting. Let us catch you …

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NOTEBOOK: Who’s in the November 30 issue?

Here’s a list of local people in the November 30 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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Iowa will use $3 million from Volkswagen settlement to update local bus fleets

Cedar Rapids Gazette: The Iowa Department of Transportation is allocating more than $3 million in federal settlement funds to help state schools and communities replace diesel vehicles with more environmentally friendly buses. As part of a …

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Iowa Agriculture Department accepting water quality applications

The Iowa Department of Agriculture and Land Stewardship will accept applications for water quality planning and development projects until 4:30 p.m. Feb. 15. Selected projects will help inform, prioritize and coordinate implementation of conservation practices focused on …

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USDA’s rural broadband plan met with criticism and concerns

Slow speeds, bad coverage and expensive service. These are just some of the concerns contained in nearly 300 public comments on the Rural Broadband Pilot Program proposed by the U.S. Department of Agriculture, a review …

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Schaaf to lead retirement services for Principal; Everett to retire

Principal Financial Group announced that Renee Schaaf, senior vice president and chief operating officer of Principal International, will become the new president of Retirement and Income Solutions effective March 1.

Schaff will succeed Nora Everett, current…
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NOTEBOOK: In case you missed it…

In case you missed it…
A brief look back at news from the past week on BusinessRecord.com.

Retail plan for downtown
A new report that hopes to map out a future of retail growth in …

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Dec. 7: genYP Branding Yourself as a Professional Series

Host:genYP
About: This workshop series is designed to provide young professionals with information to excel in their professional and civic endeavors. Participants will be introduced to new tools to bolster their career, interact with leaders …