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Morning business headlines: 1-27-15

‘Boomerang’ home buyers are coming back

CNNMoney: Millions of Americans who lost their homes during the foreclosure crisis are now poised to become homeowners again. That’s according to a new report from RealtyTrac, which estimates …

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DuPont operating earnings up 20 percent

DuPont Co. today announced strong fourth-quarter and annual operating results, despite significant market and economic challenges. The Delaware-based parent of DuPont Pioneer reported earnings of 71 cents per share, compared with 59 cents per share …

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HUD awards more than $8 million for homeless programs in Iowa

The U.S. Department of Housing and Urban Development has provided $8.3 million in grants to 55 housing and service programs in Iowa, according to a release. The Continuum of Care grants allow local housing programs to …

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Designer Sobiech Munson receives national recognition

The American Institute of Architects (AIA) has announced that Ann Sobiech Munson, an architect and specifier with Substance Architecture in Des Moines, is a recipient of the 2015 AIA Young Architects Award, according to a …

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Newton Development Corp. receives $200,000 from USDA for loans

Newton Development Corp. has received $200,000 from the U.S. Department of Agriculture rural development programs to help small businesses in poor or underserved areas. The USDA provides the loans to local organizations that in turn …

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Iowa unemployment rate drops to 4.1 percent

Iowa’s seasonally adjusted unemployment rate dropped to 4.1 percent in December from 4.3 percent in November, Iowa Workforce Development reported. The state’s jobless rate was 4.2 percent one year ago. The U.S. unemployment rate fell to 5.6 …

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Iowa Business Council: State loses ground on diversity

The Iowa Business Council’s 2015 Iowa Competitiveness Index found stagnant population growth that means efforts to improve quality of life, affordability, and employment opportunities will be even more important in the future, the council reported.

 

“In …

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Broadband legislation introduced in Iowa Senate

 

Sen. Steve Sodders, a Democrat from State Center, has introduced legislation that calls for extending high-speed fiber-optic services to rural Iowa and other underserved or unserved areas of the state. 

 

The legislation, Senate …

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Pappajohns donate $50,000 for entrepreneurial scholarships

John and Mary Pappajohn have presented a $50,000 gift to the North Iowa Area Community College (NIACC) Foundation in honor of Jamie Zanios, who retired as from his position as NIACC vice president of institutional …

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Loebsack, Grassley seek investigation into CoOportunity failure

At least two of Iowa’s members of Congress are seeking investigations into the financial collapse of the federally backed health care cooperative, CoOportunity Health, The Des Moines Register reported. Republican Sen. Chuck Grassley and Democrat U.S. Rep. …