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QCR Holdings to expand Missouri banking footprint with Guaranty acquisition

QCR Holdings Inc. and Guaranty Federal Bancshares Inc. jointly announced a definitive agreement this week in which QCR Holdings, a Moline, Ill.-based multi-bank holding company, will acquire Guaranty, which is based in Springfield, Mo. With the acquisition, …
By BPC Staff | Nov 11, 2021
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Inclusion Award winners announced, CEOs outline their companies’ DEI journeys

The Greater Des Moines Partnership this week held its ninth annual Inclusion Summit, naming four companies and organizations as winners of 2021 Inclusion Awards, and hearing from a panel of CEOs and keynote speakers who …
By MICHAEL CRUMB | Nov 11, 2021
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NOTEBOOK – ONE GOOD READ: PBS takes viewers inside ‘a family-run newspaper keeping journalism alive’

An article this week in the Poynter Institute’s newsletter alerted me to an upcoming national premier of “Storm Lake,” a PBS documentary about the family-run newspaper, The Storm Lake Times, coming up on Nov. 15. …
By JOE GARDYASZ | Nov 11, 2021
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Alro Steel plans new Cedar Rapids facility, 40 new jobs

Corridor Business Journal: A Michigan-based metals and plastics manufacturer is planning a $20 million office, warehouse and distribution facility in southwest Cedar Rapids that will bring an estimated 40 new jobs to the market. The new …
By BPC Staff | Nov 11, 2021
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HNI’s Lorenger, management team to receive Schmidt Iowa Business Leadership Award

Jeff Lorenger, chairman and CEO of HNI Corp., and the management team at the Muscatine-based company will be honored next week with the University of Iowa Tippie College of Business’ Oscar C. Schmidt Iowa Business Leadership …
By BPC Staff | Nov 11, 2021
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U.S. Treasury issues guidance for State Small Business Credit Initiative Program

The U.S. Department of the Treasury has issued capital program implementation guidance for the State Small Business Credit Initiative (SSBCI) Program. The American Rescue Plan Act reauthorized and expanded the Small Business Jobs Act of 2010, which …
By BPC Staff | Nov 11, 2021
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Knapp Properties V.P. fired after arrest on child abuse-related charges

Aimee Staudt, who had been a vice president at Knapp Properties Inc., is no longer employed by the real estate development, brokerage and property management firm following an arrest, according to a statement issued by …
By KATHY A. BOLTEN | Nov 11, 2021
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NOTEBOOK – ONE GOOD READ: Candy maker Hershey getting into pretzel business

The company that makes Hershey’s Kisses and Reese’s Peanut Butter Cups is jumping into the pretzel business, reports Jesse Newman for the Wall Street Journal. Hershey Co. has made a deal to buy Dot’s Homestyle Pretzels and …
By KATHY A. BOLTEN | Nov 10, 2021
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Iowa joins 9 states to challenge vaccine requirements for health care workers

Des Moines Register: Iowa and nine other states have filed another lawsuit against federal vaccine requirements. The state joined a lawsuit Wednesday challenging the recent mandate issued by the Centers for Medicare & Medicaid Services that …
By BPC Staff | Nov 10, 2021
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RAGBRAI co-founder John Karras dies at 91, leaving national impact on bicycling

Des Moines Register: John Karras, a former Des Moines Register features writer and co-founder of RAGBRAI, the annual bicycle event that sees 15,000 people ride across Iowa, died on Wednesday. He had suffered a hard fall …
By BPC Staff | Nov 10, 2021