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Statewide News

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Iowa Leading Indicators Index remains unchanged in March

The Iowa Leading Indicators Index remained unchanged from February to March, staying at 110.4. The monthly diffusion index decreased to 50 in March from 56.3 in February.

The Iowa nonfarm employment coincident index increased 0.17% …

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Iowa flood plain maps don’t comply with law to protect waterways, group says

Cedar Rapids Gazette: The Iowa Environmental Council wants to force the state’s Environmental Protection Commission to adopt flood plain maps to comply with a law that says animal-feeding operations can’t be built near waterways. “The EPC …

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Private group sues, says it owns Iowa governor’s mansion antiques

Des Moines Register: A dispute is unfolding in Polk County District Court over who owns the sofas in Gov. Kim Reynolds’ house. A petition filed by the Terrace Hill Society Foundation lays out a conflict it …

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Toyota Financial cuts 322 jobs in Cedar Rapids as part of office closure plan

Corridor Business Journal: Toyota Financial Services will eliminate 322 positions at the company’s Cedar Rapids customer service center, according to a Worker Adjustment and Retraining Act notice filed with Iowa Workforce Development this week. The cuts …

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Refunds coming for some TurboTax customers

Radio Iowa: Iowa will receive more than $1 million as part of a multistate settlement with TurboTax. The Iowa attorney general’s office says TurboTax has agreed to pay the states involved $141 million following claims that …

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Huge layoffs expected at Lee Enterprises

Axios: Lee Enterprises has been quietly laying off dozens of employees across its local papers and at the corporate level as it continues to cut costs following the unsolicited takeover bid from hedge fund Alden Global …

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Branstad launches national ‘AmFree’ Chamber of Commerce

Radio Iowa: Former Iowa Governor Terry Branstad is launching a new national organization positioned to compete with the U.S. Chamber of Commerce. In 2020, Republican leaders criticized the U.S. Chamber of Commerce for endorsing some Democratic …

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Valle Drive-In owner unsure when theater will open for 2022 season after storm damage

Des Moines Register:  The owner of Iowa’s oldest drive-in movie theater, located in Newton, said he’s unsure when it’ll open for the 2022 season after the property was damaged during March 5’s deadly storm. Jeff …

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8 Midwest states seek permanent waiver to sell E15 gas

Associated Press: Governors from eight Midwest states asked the U.S. Environmental Protection Agency Thursday for a permanent waiver that will allow each state to continue selling ethanol-blended gas year-round without restriction. The EPA’s decision last week …

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Principal reports lower year-over-year net income in first quarter

Principal Financial Group on Thursday announced earnings results for the first quarter. Net income attributable to Principal in the quarter that ended March 31 was $376.2 million, or $1.43 per share, compared to $517.1 million, …