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MidWestOne reports 16 percent increase in net income for first quarter

Iowa City-based MidWestOne Financial Group Inc. reported first-quarter profit of $7.8 million, or 64 cents per share, compared with $6.7 million, or 58 cents per share, in the same period last year. The increase in …

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Decision delayed on use of D.M.’s Argonne Armory Building

The Des Moines City Council will wait a little longer before getting a recommendation from the city’s economic development staff on a future use for the Argonne Armory Building.

Economic Development Director Erin Olson-Douglas said …

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Supreme Court rules against IDOT traffic camera ban

The Iowa Department of Transportation lacked legal authority to order the removal of traffic cameras in Des Moines, Cedar Rapids and Muscatine, the Iowa Supreme Court said in a 6-0 opinion released today. The case …

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Principal posts higher first-quarter earnings

Principal Financial Group on Thursday reported first-quarter net income of $397.1 million, or $1.36 per share, compared with $348.9 million, or $1.19 per share, in 2017. The company also said it would raise its dividend …

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Jester Park Golf Course completes overhaul

The Jester Park Golf Course has opened for the season after a number of course improvements. Workers renovated two of the course’s holes, added GPS golf carts, improved restrooms and installed an irrigation system. The …

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Gipp to retire from natural resources job

Longtime Iowa Department of Natural Resources Director Chuck Gipp has decided to retire, effective Tuesday next week. Gipp has been prominent in agricultural and environmental circles for decades. He traced his environmental interests to his …

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Fort Madison Siemens plant picked for Kansas wind project

Burlington Hawk Eye: Siemens Gamesa plans to rehire more than 100 employees at its plant in Fort Madison to meet increased demand for its wind turbines. Siemens Gamesa said it has been selected to build 98 …

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Profits up for Great Western Bank parent

Sioux Falls, S.D.-based Great Western Bancorp Inc. reported a second-quarter profit today of $40.5 million, or 69 cents per share, up from $35 million, or 60 cents per diluted share, in the year-ago quarter. Total loans …

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Bookey companies remain among nation’s top multifamily managers and owners

Harry Bookey’s BH Management Services LLC and BH Equities LLC rank, again, among the nation’s largest apartment owners and operators, according to the National Multifamily Housing Council. BH Management Services, with more than 80,000 units …

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ISU design students to unveil their concepts of federal courthouse for Des Moines

The landing spot for a new federal courthouse remains a matter of speculation, but that hasn’t stopped Iowa State University architecture students from dreaming up designs for the building. Students will present their plans for …