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World Food Prize

Global hunger requires urgent attention to feed 9.7 billion people by 2050, Nobel, World Food Prize laureates say in ‘wake-up call’

More than 150 Nobel and World Food Prize laureates have issued a call to world leaders to prioritize research and technologies they say are needed to meet the food needs of 9.7 billion people by …
By Business Record Staff | Jan 16, 2025
Photo of the Iowa Capitol building set against a blue sky

Legislative Forecast: Key takeaways on taxes, housing, unemployment insurance, child care, AI

Iowa’s tax code has been a focus for Iowa Gov. Kim Reynolds and state lawmakers over the last several legislative sessions.

In 2023, the Legislature capped property tax levy rates for cities and counties based …
By Mike Mendenhall | Jan 15, 2025
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Wells Fargo announces fourth-quarter earnings

Wells Fargo on Wednesday posted better-than-expected earnings and said that it expects net interest income to be higher in the coming year.

The San Francisco-based lender was among several banks that announced fourth-quarter results on Wednesday. All …
By Kathy A. Bolten | Jan 15, 2025
Kim Reynolds speaking at a podium

5 takeaways from Gov. Reynolds’ 2025 Condition of the State address for Iowa businesses​

Iowa Gov. Kim Reynolds’ eighth Condition of the State address on Tuesday night was a checklist of economic proposals ranging from expanded pilot programs in child care affordability and access to further reducing taxes on …
By Mike Mendenhall | Jan 15, 2025
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Jim and Allison Fleming named 2025 Bravo Award honorees

Bravo Greater Des Moines will recognize Jim and Allison Fleming as the Bravo Award recipients at its awards gala on Feb. 8 at the EMC Expo Center. The award recognizes a person, family or foundation …
By Business Record Staff | Jan 15, 2025
Latina Leadership Initiative of Greater Des Moines logo

Latina Leadership Initiative welcomes new cohort

The Latina Leadership Initiative (LLI), a professional development program designed for Latinas, has announced its 2025 cohort, according to Hola Iowa. The cohort includes 16 participants and 15 mentors who will attend weekly sessions focused …
By Business Record Staff | Jan 15, 2025
Dunn Industrial Park Norwalk image

Norwalk’s development boom continues as it focuses on increasing commercial valuations

The signing of a lease by Ocean Athletics to occupy space in Norwalk’s Dunn Industrial Park brings the park another step closer to being full as the city focuses on increasing its commercial tax base, …
By Michael Crumb | Jan 15, 2025
Invest DSM neighborhoods map

Invest DSM adds 3 neighborhoods for grant eligibility in 2025

Invest DSM, which works alongside property owners to strengthen older neighborhoods in Des Moines, will expand its reach into three additional neighborhoods this year, said Amber Lynch, the organization’s executive director.

Invest DSM will begin offering …
By Michael Crumb | Jan 15, 2025
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NOTABLE TRANSACTIONS: MLK Liquor LLC, located in Des Moines, paid JGC Holdings LLC $2.8 million for property at 3420 Martin Luther King Jr. Parkway in Des Moines, records show.

Harding Hills Shopping Center, located in North-Central Des Moines, has been sold, Polk County real estate records show.

The 2.9-acre parcel, developed in 1986, includes a 25,596-square-foot neighborhood shopping center. The strip center is anchored …
By Kathy A. Bolten | Jan 15, 2025
IFA logo

Des Moines rental development receives $3.62 million state grant

A Des Moines rental development has received grant funding from the Iowa Finance Authority (IFA) to aid in housing development and supportive services for people experiencing homelessness or who are at risk of becoming homeless.

Hatch …
By Business Record Staff | Jan 14, 2025