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Kemin forms new subsidiary in Russia

Kemin Industries has formed a new subsidiary in Russia where it will operate in the Special Economic Zone of Lipetsk, the Cultivation Corridor said in its newsletter. The facility, expected to be completed by spring 2017, will …

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Meredith moves into women’s clothing

Meredith Corp. and Apparel Bridge LLC have formed a retail partnership with Von Maur Department Store for SHAPE Active, a women’s active wear collection designed by the two companies. Von Maur initially will offer 11 pieces from …

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New innovation fund to invest $25 million in Iowa startups

A new fund that would invest in Iowa startups is moving forward after receiving certification from the state, the Des Moines Register reported. River Glen Venture Partners aims to raise a pool of $25 million it would …

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Event March 2: Kickstarter founder to speak at ISU

Perry Chen, creator and chairman of the fundraising platform Kickstarter, will speak  at Iowa State University’s Memorial Union at 8 p.m March 2. Chen’s presentation, the Murray Bacon Center for Business Ethics Lecture, is entitled …

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ABI Foundation taking apps for Business Horizons

The Iowa Association of Business and Industry Foundation is accepting applications for Business Horizons, a weeklong program that helps high school students learn about business, teamwork, leadership and personal development. The July 17-21 session at Central College …

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Loan growth led a profitable year for Iowa banks

Residential construction loans at Iowa banks posted double-digit gains in 2015 and helped boost loan growth 6.4 percent over 2014, according to the Iowa Bankers Association. By the end of the fourth quarter, banks had …

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Medicaid managed care start date moved to April 1

Iowa’s move to Medicaid managed care was delayed for a second time on Tuesday afternoon when the federal Centers for Medicare and Medicaid Services told the state that it would approve an April 1 start …

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Principal authorizes $400 million in stock repurchases

Principal Financial Group Inc. announced that its board of directors has approved an authorization for the repurchase of up to $400 million worth of the company’s outstanding common stock. The repurchases will be made in …

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Principal announces key leadership changes

Principal Financial Group Inc. on Tuesday announced several key leadership changes, among them the retirement of Terry Lillis, executive vice president and chief financial officer. Terry Lillis

Lillis, who has been with the company for …

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Water Works eyes more rate increases, $241 million in projects over five years

Des Moines Water Works likely will raise rates again to pay for $241 million in capital improvements needed to meet growing water demand and to keep nitrate and other pollutants out of tap water, the…
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