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Cedar Rapids broadband provider to be bought by Goldman Sachs

Cedar Rapids Gazette: Cedar Rapids-based broadband provider ImOn Communications said it has reached an agreement to be acquired by a division of Goldman Sachs Asset Management. The acquisition, by Goldman Sachs’s infrastructure investing business, will support …
By BPC Staff | Feb 17, 2022
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Nationwide wins property tax appeal against Polk County, could receive $875,000 refund

Des Moines Register: Polk County may have to pay Nationwide Mutual Insurance Co. about $875,000. In an order issued Wednesday, the Iowa Court of Appeals ruled that the county’s board of assessors overvalued the insurance company’s …
By BPC Staff | Feb 17, 2022
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DMACC donates computers to Afghan refugees

Des Moines Area Community College is donating 50 laptop computers to Des Moines Refugee Support for Afghan refugees being resettled in the Greater Des Moines area. DMACC held a donation event at the Urban Campus …
By BPC Staff | Feb 17, 2022
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Legislation reintroduced to allow annuities as default option in 401(k) plans

Federal lawmakers have revived a piece of legislation that would add annuities to Americans’ retirement plans, Financial Planning reported. The bill, known as the LIFE (Lifetime Income for Employees) Act, would let companies make annuities the default …
By BPC Staff | Feb 17, 2022
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New state grant programs aimed at creative placemaking projects

The Iowa Department of Cultural Affairs has opened a new round of grant opportunities to build more culturally vibrant communities, the agency announced.

For the upcoming fiscal year, which begins July 1, the department’s grant opportunities …
By BUSINESS RECORD STAFF | Feb 17, 2022
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NOTEBOOK – ONE GOOD READ: Will these be the freight trains of the future?

As I’m busy writing Business Record stories at the Depot at Fourth in downtown Des Moines, my workday is occasionally punctuated by the sound and the fury of rumbling freight trains making their way east …
By JOE GARDYASZ | Feb 17, 2022
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Delta, Southwest cut back service in Des Moines amid national crew staffing shortages

Des Moines Register: As travel ramps back up to near pre-pandemic levels, some airlines are cutting back service in Des Moines, in part due to staffing shortages. Delta Air Lines has discontinued its nonstop flight from …
By BPC Staff | Feb 17, 2022
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Bill would limit solar farms in Iowa

Radio Iowa: Republicans on the Iowa Senate Ag Committee have approved a bill that would forbid energy companies, including rural electric cooperatives, from installing solar panels on land that’s suitable for growing corn and soybeans. Sen. …
By BPC Staff | Feb 17, 2022
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Hospitality group owner sells East Village bar Bellhop in shift to sole ownership

Des Moines Register: A Downtown Des Moines tropical getaway is getting new ownership. Nick Tillinghast, owner of Des Moines Does Things hospitality group, announced that he sold the group’s East Village bar Bellhop. Tillinghast did not …
By BPC Staff | Feb 17, 2022
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Public meeting planned on Ingersoll street project

The city of Des Moines will hold a virtual public meeting at 6 p.m. Feb. 23 to provide updates about the third phase of the Ingersoll Streetscape project between Martin Luther King Jr. Parkway and 28th Street. …
By BPC Staff | Feb 17, 2022