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Dow, DuPont merger would mean huge tax savings

The tax-free treatment of the spinoffs Dow Chemical Co. and DuPont Co. plan after they merge is one of the main forces behind the deal and could save tens of billions of dollars, Reuters reported. “The whole …

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Record number of families seek holiday aid

A record number of 265 Boys & Girls Clubs of Central Iowa families have reached out for help this holiday season by signing up for the annual Embrace-A-Family program. Individuals, groups and organizations are invited …

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Regulator to big banks: Rescue yourselves next time

The largest U.S. banks will soon have to take the additional step of showing regulators how they can keep from failing in the first place, Bloomberg Business reported. The Office of the Comptroller of the Currency, which …

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Facebook challenge started to cover Jolly Holiday Lights losses due to flooding

  Watch this challenge video with Eric Crowell, Ed Brown and Bob Ritz. >>>   A power outage and flooding, which shut down the Jolly Holiday Lights tour for the rest of the season, created…
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National mortgage performance improved through the third quarter

The health of mortgages improved through the third quarter compared with a year ago, the Office of the Comptroller of the Currency, a federal banking regulator, said in a release. At the end of the …

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King to chair International Festivals & Events Association

Stephen King, executive director of the Des Moines Arts Festival, has been elected to serve as the 2017 chair of the world board of directors for the International Festivals & Events Association. He will begin …

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Van Meter Inc. invests in Canadian utility monitoring company

Cedar Rapids-based Van Meter Inc. announced that it has acquired a 25 percent stake in Eyedro Green Solutions Inc., an Ontario-based business that produces electronic systems to monitor residential, commercial and industrial electricity consumption. In a similar …

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Strategists forecast continuing bull market in 2016

A weak ending to 2015 and the expectation of improving profit growth in 2016 will set the stage for a single-digit gain in U.S. stocks next year, according to strategists polled by Reuters.


But even that…
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Climate deal reaction: fossil fuels on way out

The latest international climate agreement to be called “historic” has driven home the idea that fossil fuels are on the way out.


World leaders meeting in a Paris suburb over the past two weeks agreed…
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NPR: DowDuPont merger faces regulatory hurdles

National Public Radio reports that DuPont Co. and Dow Chemical Co. don’t expect many problems with antitrust regulators over their proposed $130 billion merger and eventual spinoff into three companies. DuPont CEO Edward Breen said …