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MidAmerican Energy customers rattled by electric rate hike

Some Central Iowa business owners are shaking their heads over hefty increases in their monthly electric bills, but MidAmerican Energy Co. officials say they’re doing all they can to help their customers keep their bills …

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Des Moines Metro Opera receives 2015 Bravo Encore Award

On the heels of one of its most successful years, Des Moines Metro Opera was the recipient of the 2015 Bravo Encore Award, given at Bravo’s annual gala Saturday night. The Encore Award is presented …

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Iowa Business Council names officers

The Iowa Business Council has selected its leadership for 2015.  Michael C. Wells, president and CEO of Wells Enterprises Inc., was elected chairman. Patrick J. Meyer, president and CEO of Pella Corp. in Pella, will …

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Buffett financial reporting criticized

Investment analysts are criticizing Warren Buffett over the quality of the financial disclosures of his company, Berkshire Hathaway Inc., Reuters reported. Interviews with five of the six analysts who cover the $370 billion company found that they …

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Iowa Utilities Board affirms MidAmerican payments on wind project

MidAmerican Energy Co. will be required to pay its electric customers $2 million annually in energy adjustment clause credits as a condition of approval of its proposed “Wind IX” generation project. The Iowa Utilities Board …

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Strong dollar bodes ill for small manufacturers

Midsized U.S. manufacturers are likely to bear the brunt of the dollar’s climb that has lifted it nearly 10 percent against the euro and 7 percent against major currencies since mid-December, Reuters reported.

 

Foreign exchange …

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Biden to speak at Drake on Thursday

Vice President Joe Biden, a possible candidate for president, will speak at Drake University on Thursday (Feb. 12) on the Obama administration’s economic policies, his office announced today. Details will be released later.  …

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Abdul-Samad honored at Black History Month Celebration

Bankers Trust today hosted a special reception celebrating Black History Month and honoring state Rep. Ako Abdul-Samad at its East Branch location, 150 E. Euclid Ave., Des Moines. Abdul-Samad has been a member of the …

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FBL Financial reports fourth-quarter earnings

FBL Financial Group Inc. on Thursday reported net income for the fourth quarter of 2014 of $28.1 million, or $1.13 per common share, compared to $27 million, or $1.07 per common share, for the fourth …

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Partnership, ICAN to collaborate on college planning events

The Greater Des Moines Partnership announced a strategic collaboration with Iowa College Access Network (ICAN) to deliver college and career readiness programming and resources to students and parents across Central Iowa. As part of the …

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