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Retail and Business

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Meredith announces executive promotions

Meredith Corporation announced yesterday a series of executive promotions, announced by Meredith National Media Group president Tom Harty. Six people were given executive vice president roles and five more were named senior vice presidents.

-Andy …

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Casey’s considers third-party offer

Casey’s General Stores Inc. said today that it is negotiating a “consensual transaction” to sell the company for $40 a share, far exceeding the $38.50 offered by Canadian-based Alimentation Couche-Tard Inc. in a hostile takeover …

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Iowa Farm Bureau emphasizes fiscal responsibility

The Iowa Farm Bureau Federation (IFBF) held its annual meetings Sept. 2-3 in West Des Moines. The hot item at the meetings – fiscal responsibility, particularly with the 2012 Farm Bill. “Our members spent a …

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A Closer Look: Edward Kaizer


Describe your role at Merle Hay Mall.

I’m the on-site leasing person. I work with other leasing people we have as independent contractors to find new tenants and develop the property. Day-to-day: a lot of …

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Carver’s Ridge does custom engraving


Visual artists typically start with a blank canvas.

For Anne and Tyson Greenwalt, that canvas consists of bricks, rocks and boulders.

Last fall, the Greenwalts diversified their Stuart-based construction and landscaping company with the purchase …

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Pleasant Hill weighs purchase of White Water University


The city of Pleasant Hill is looking into the feasibility of buying the White Water University recreation facility on University Avenue, which opened in 1980 but has been shut down for five years.

City Manager …

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Israeli company backs away from Albaugh Inc.


Makhteshim-Agan Industries Ltd., the world’s biggest maker of generic crop chemicals, last week canceled negotiations to buy Ankeny-based Albaugh Inc. for about $1 billion. Iowa native Dennis Albaugh founded his namesake company in 1979.

Makhteshim …

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All of a sudden, Casey’s takeover gets serious


The Canadian-based suitor of Casey’s General Stores Inc. let it be known that its intentions were serious last week when it sweetened its offer for the convenience store chain to $38.50 a share, a $1.75 …

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Unemployment rate rises as governments shed jobs

The U.S. unemployment rate rose 0.1 percent to 9.6 percent in August from July as the economic rebound shows clear signs of a slowdown, the New York Times reported.

However, according to the U.S. Department …

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The cost of spilling oil

BP Plc’s cost of dealing with its recent oil spill disaster has risen to $8 billion, Reuters reported.

On April 20, the Deepwater Horizon offshore rig, which BP was leasing from Transocean, exploded and sank. …