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Statewide News

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Meredith moves to sell Time, Fortune and Sports Illustrated titles, sources say

Reuters: Meredith Corp. has hired advisers to explore a sale of its Time, Fortune, Money and Sports Illustrated magazines following its $1.84 billion acquisition of Time Inc. in January, people familiar with the matter said. The …
By BPC Staff | Mar 16, 2018
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General Dynamics to cut jobs in Coralville

Cedar Rapids Gazette: General Dynamics Information Technology will conduct another round of job cuts at its call center in Coralville. The reductions will take place later this year and are due to changes with a government …
By BPC Staff | Mar 16, 2018
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IHeartMedia files for bankruptcy, reaches restructuring agreement in principle

Wall Street Journal: IHeartMedia Inc., the company behind the biggest U.S. radio broadcaster, filed for bankruptcy protection after reaching an agreement in principle with investors over a balance-sheet restructuring, a decade after a private-equity-led buyout left …
By BPC Staff | Mar 15, 2018
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Two companies bid to replace AmeriHealth Caritas in Iowa

Iowa officials announced the identity of two companies bidding to replace AmeriHealth Caritas in Iowa’s privatized Medicaid program, reports the Des Moines Register. Missouri-based Centene and Washington, D.C.-based Trusted Health Plan — whose board chair, Tom Scully, …
By BPC Staff | Mar 13, 2018
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Ag Department kills animal welfare rule for organic meat

Des Moines Register: New rules, decades in the making, that would have required organic meat and egg producers to abide by stricter animal welfare standards were withdrawn by the federal government on Monday, frustrating organic farmers …
By BPC Staff | Mar 13, 2018
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Ordinance to ban drinking on High Trestle Trail gets unanimous approval

One of Iowa’s most popular tourist attractions has a new ban on alcohol consumption, KCCI-TV reported. The Boone County Conservation Commission voted unanimously Monday to approve an ordinance that would allow park rangers to fine …
By BPC Staff | Mar 13, 2018
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Rockwell Collins to close Tucson facility

Corridor Business Journal: A Rockwell Collins facility in Tucson, Ariz., that manufactures Super First Class aircraft seating will close at the end of September due to market conditions. The closing will eliminate about 413 full-time positions, …
By BPC Staff | Mar 12, 2018
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Goldman Sachs to close Cedar Rapids call center

Goldman Sachs today announced plans to close a Cedar Rapids call center, moving 40 jobs to Salt Lake City, reports the Cedar Rapids Gazette. The last day of operations for employees is April 13. The New …
By BPC Staff | Mar 12, 2018
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Local governments in Iowa decry move to cut payments from state

Waterloo-Cedar Falls Courier: Iowa cities and counties soon may have less money than expected as a result of business tax relief passed by the state five years ago. State lawmakers five years ago lowered property taxes …
By BPC Staff | Mar 12, 2018
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Recommended reads to start your week

Here’s what my early Monday reading turned up that may be of interest to you:

— A peek at a bill that may matter to anyone who is hiring college grads or who cares about …
By SUZANNE BEHNKE | Mar 12, 2018