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Here’s why health care is an issue

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Lots of curb appeal

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Ticker: Nov. 25

The Iowa Court of Appeals has reversed a $10 million jury award against businessman and casino developer Gary Kirke and Wild Rose Entertainment LLC. A Polk County jury determined in September 2007 that Kirke had …

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Iowa first to receive federal electronic health record funds

Iowa’s Medicaid program will receive $1.16 million in federal matching funds to establish a plan for how health-care providers can more widely implement electronic health records.

Iowa is the first state in the nation to …

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Iowa Credit Union League drops bank charter bid

The Iowa Credit Union League (ICUL) is no longer in the market to buy a bank to handle its member credit unions’ credit-card transactions, its president and CEO, Pat Jury, said yesterday.

The league in …

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Pinnacle Construction sues Polk County

Pinnacle Construction Group has filed a lawsuit regarding yesterday’s decision by the Polk County Board of Supervisors to award a public project to the third-lowest bidder.

In a lawsuit filed yesterday afternoon in Polk County …

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Allstate sheds commercial mortgage-backed assets

The nation’s largest publicly traded home and auto insurer has cut its commercial-real- estate related investments by more than $4 billion this year, Bloomberg reported.

As Allstate Corp. works to shed its municipal bond holdings, …

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Ticker: Nov. 24

Almost 10.7 million, or one in four, U.S. mortgages were “underwater” as of September according to research firm First American CoreLogic. According to its report, 23 percent of people with mortgages owe more than their …

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SBA runs out of stimulus money

There’s more bad news for small businesses seeking loans.

After last week’s news that many banks had cut their small business loan balances over the past six months by $10.5 billion (see the Business Record …

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Iowa Telecom acquired by Windstream Corp.

Little Rock, Ark.-based Windstream Corp. has entered into a definitive agreement to acquire Newton-based Iowa Telecommunications Services Inc. for $1.1 billion, the company announced today. The transaction is expected to close in mid-2010.

Iowa Telecom …

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