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IowaBiz blog: Taking inventory

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Gates stakes a claim to Egyptian company that bought Weitz construction

Bill Gates is leading a group of U.S. investors committing $1 billion for a stake in construction and fertilizer company OCI NV in one of Egypt’s largest foreign currency inflows since the 2011 uprising, Bloomberg reported.

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Consumer sentiment still dropping, thanks to D.C. squabbling

Consumer sentiment unexpectedly deteriorated for a second straight month to its lowest point in over a year in January, with many consumers citing the recent “fiscal cliff” debate in Washington, according to a survey released …

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Simpson and Indianola organizations launch business incubator

Simpson College students will be invited to make their business dreams a reality under a new collaborative venture launched by the college, the Indianola Development Association and Indianola Municipal Utilities. The working title of the project …

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Iowa State joins effort to lift reading proficiency

Iowa State University is a part of “Collaborating for Kids,” a new partnership between the Iowa Department of Education, area education agencies and school districts aimed at getting all Iowa students reading on grade level …

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Day of service is Monday in recognition of the Martin Luther King Jr. holiday


Thousands of Iowa residents will join hundreds of thousands of Americans across the country who will serve as volunteers on the annual Martin Luther King, Jr. holiday on Monday. Opportunities for getting involved are posted …

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Iowa receives third health-insurance exchange grant

Iowa will receive an additional $6.8 million from the federal government to help it establish an online health-insurance exchange, the U.S. Department of Health and Human Services announced Thursday.<o:p></o:p>

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The grant is part of …

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Iowa unemployment holds steady at 4.9 percent

Iowa’s seasonally adjusted unemployment rate for December was unchanged from November at 4.9 percent, Iowa Workforce Development announced this morning. A year earlier, the state’s unemployment rate stood at 5.6 percent. The U.S. jobless rate …

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Waukee hires Moerman as city administrator

The city of Waukee announced that it has appointed Tim Moerman, currently the assistant city manager of Ankeny, as its city administrator. Moerman has more than 25 years of city administration experience and was involved …

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3M plans upgrade of its Ames plant

St. Paul-based 3M is weighing plans to spend $29 million to upgrade its Ames plant with new equipment and added manufacturing capacity, The Des Moines Register reported. The company is seeking approximately $1.3 million in …