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Friday Five: Top business stories this week

Ape center raises cash, plans to add chimps, visits

Des Moines’ sometimes-troubled ape research facility, formerly Great Ape Trust, is back on solid financial ground with a trimmed-down operation, is attracting research grants, and may …

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American Enterprise appoints Swank as CEO

 

American Enterprise Group Inc. today announced that its board of directors will elect Thomas Swank as CEO and appoint him as a board member. His appointment follows a comprehensive, nationwide search, the Des Moines-based …

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Insurance division names new communications director

Iowa Insurance Commissioner Nick Gerhart announced Thursday that Chance McElhaney will be the communications director and legislative liaison for the Iowa Insurance Division.  McElhaney succeeds Tom Alger, who retired from the position in mid-January.  McElhaney, …

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Public interest design forum to be held at ISU

The emerging field of public interest design will be featured during an event March 6-7 at Iowa State University. The Public Interest Design Institute, hosted by the ISU Community Design Lab and College of Design, …

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LAZERfest announces major changes, 2015 band lineup

The annual LAZERfest music festival is returning this year with more days and a new location. The festival will take place May 8 and May 10 in downtown Des Moines on the Court Avenue bridge, …

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FTC, nine states seek to block US Foods merger with Sysco

Iowa Attorney General Tom Miller and a bipartisan group of state attorneys general on Thursday joined the Federal Trade Commission’s administrative complaint challenging a proposed merger between food distribution giants Sysco Corp. and US Foods …

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Morning Business Headlines 1.20.15

Obama’s economic report focuses on income inequality

The New York Times: President Obama on Thursday stepped up his efforts to define which economic problems need urgent attention. The 2015 Economic Report of the President focuses …

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Global Insurance Symposium registration opens

Registration is now open for the second annual Global Insurance Symposium to be held May 26-28 in Des Moines. Speakers will address a variety of themes affecting the insurance industry, including cybersecurity, big data and …

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Global farm economy a drag on Deere earnings

Deere & Co. profits dropped to $387 million in the quarter ended Jan. 31 from $681 million in the same period last year, the Moline-based company said today. “Deere’s first-quarter performance reflected sluggish conditions in …

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New Media buys Stephens Media for $102.5 million

New Media Investment Group Inc. announced today that it has reached an agreement to buy Stephens Media LLC  for $102.5 million in cash. Stephens owns the Ames Tribune, Dallas County News, the Boone News-Republican, the …