October 17, 2012
Iowa is on pace to see its least active tornado season in nearly 50 years, thanks to the drought. There have been only 16 recorded tornadoes this year, the fewest since 1963, according to State Climatologist Harry Hillaker. Hillaker told …
September 20, 2012
A Texas company that profited for decades by supplying mentally disabled workers to an Iowa turkey plant at wages of 41 cents per hour must pay the men $1.37 million in back wages, a federal judge has ruled. The judgment …
September 19, 2012
US Bank is rejecting allegations in a lawsuit that claims one of its employees helped Peregrine Financial Group CEO Russ Wasendorf Sr. mislead regulators about his misuse of customer funds. Wasendorf, the founder of the Iowa brokerage, has signed a …
September 18, 2012
Federal prosecutors have appealed a judge’s order that would free a disgraced U.S. businessman while he awaits sentencing for a $200 million fraud scheme at his brokerage. The U.S. Attorney’s Office in Cedar Rapids filed paperwork asking Chief Judge Linda …
September 18, 2012
Cedar Rapids, Iowa, has set a record for construction projects thanks to some large city-backed flood-recovery work and building by private businesses. The Gazette reports there were $346.65 million in construction starts in the fiscal year that ended June 30. …
September 13, 2012
The founder of an Iowa brokerage has signed a plea agreement with federal prosecutors in which he admits to carrying out a $200 million fraud and embezzlement scheme that bankrupted his company and could result in him spending the rest …
September 10, 2012
Jeff Menary has been named vice president of Reinsurance at Grinnell Mutual Reinsurance Co., located in Grinnell, Iowa, and Kurt Eaves has been named vice president of Direct Underwriting/Production. Both position changes are effective Oct. 1. Menary currently serves as …
September 5, 2012
State records suggest higher interstate speeds have proved fatal for more Iowa motorists. The Des Moines Register reports that rural interstate fatalities are up about 10 percent since the speed limit was raised to 70 mph from 65 mph. Iowa …
August 30, 2012
Farmers, crop inspectors and grain elevators in Nebraska, Iowa and other corn-producing states are keeping an eye out for corn contaminated by a poison-producing fungus. They’re watching for signs of aflatoxins that, in sufficient quantity, are poisonous to humans and …
August 29, 2012
Cedar Rapids, Iowa, has gotten state permission to make rule changes that could lead to redevelopment in four downtown historic or commercial areas in the 100-year flood plain. Those areas are New Bohemia; Czech Village; the area directly across the …