Sophia S. Ahmad | Legends in Manufacturing awards | United Way of Central Iowa | Association of Business and Industry board
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Business Record
Thursday PM Daily | July 6, 2017
Bankers Trust
Ahmad to leave Partnership for Mercy Foundation 
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Sophia S. Ahmad has been named senior director of development for Mercy Foundation, effective July 24, according to a release.

"Sophia brings strong relationship-building skills, a proven track record of exceeding goals, and a commitment to community involvement, making her a perfect fit for Mercy Foundation," Mercy Foundation President Shannon Cofield said in a statement.

Ahmad currently is vice president of public relations for the Greater Des Moines Partnership, and before that she was with the Des Moines Symphony and Academy.

Ahmad has a Bachelor of Music degree in piano performance from Gordon College in Wenham, Mass., and a Master of Music degree in piano performance and literature from the Eastman School of Music in Rochester, N.Y.

She is a 2016 Des Moines Business Record Forty Under 40 Honoree and was included this year in the PR News Top Women in PR.
Tom DeWaay CBRE

United Way hires OpportUNITY program director
United Way of Central Iowa has hired Seth Johnson as its OpportUNITY program director. In this role, Johnson will lead the community's collective impact plan to eliminate barriers to self-sufficiency and reduce poverty in Central Iowa. He previously worked as a campaign coordinator for the American Heart Association and as the shop manager for the Des Moines Bicycle Collective, assisting homeless individuals to build skills and move toward self-sufficiency. Johnson has been a member of the city of Des Moines' Neighborhood Revitalization Board since 2015. Since the OpportUNITY Community Plan was launched a year ago, more than 2,500 nonprofits, businesses and community members have signed on in support of plan, which is focused on four priority areas to increase opportunity and prosperity for the one-third of Central Iowans who are not financially self-sufficient.

Zrostlik begins term as ABI chair
David Zrostlik, president of Stellar Industries in Garner, has been named chair of the Iowa Association of Business and Industry board of directors for the 2018 fiscal year, which began July 1. The ABI board unanimously elected Zrostlik during its 114th annual meeting last month in Dubuque. Zrostlik served as vice chair in 2017 and is a longtime ABI member. He has led Stellar Industries, a hydraulic truck-mounted equipment manufacturer, since 1997. He is active on several boards and initiatives in north-central Iowa and around the state, including the North Iowa Area Community College Foundation and the Garner Main Street community betterment organization.

States sue Department of Education over student loan relief
Iowa Attorney General Tom Miller and attorneys general from 17 other states plus the District of Columbia today sued the U.S. Department of Education and Secretary Betsy DeVos for setting aside a regulation that allowed students who were defrauded by for-profit colleges to erase their federal student loan debts from those schools. The federal lawsuit, filed in Massachusetts, alleges the Department of Education violated the law by abruptly rescinding its "borrower defense rule." The rule, which was set to take effect July 1, was finalized by the Obama administration in November 2016 after nearly two years of negotiations, following the collapse of Corinthian Colleges, a national for-profit chain.

Due date extended on manufacturing award nominations
The nomination period for Elevate Advanced Manufacturing's Legends in Manufacturing awards has been extended and will remain open until July 21. The award dinner recognizes five leaders in the industry, whether they are individuals or organizations. The award ceremony will be held Sept. 21, and application/nomination forms can be found here

Brick Gentry PC
Consolidated Communications, Inc
Insider Notebook
Principal CEO reflects on company history, 2 promises kept 
BY JOE GARDYASZ: Here are a few notebook nuggets that didn't make it into our recent story about the reopening of Principal's headquarters building at 711 High St. "On this very property where we stand there were two other buildings — one was the Northwestern Bell Telephone Co. and the other was the Central Presbyterian Church," Dan Houston said. "The papers at the time talked about how the Presbyterian Church was 'thrilled' because they got a check for $76,000 for their property back in 1938." Read more

MORE NOTEBOOK ITEMS: Read more Insider bits and bites of the finer side of Iowa business. Insider Notebook

Business Record Insider
Striving to ship
The Des Moines Area Metropolitan Planning Organization picked an interesting arena for its first patent application: exports. The MPO worked with students at CyBIZLab at Iowa State University and others to develop a searchable website that lets shippers in Iowa find out what containers will be coming to a specific place in Iowa. If they discover a container will be delivering a shipment to, say, Marshalltown, they can save money by booking that container for a shipment leaving Iowa. Read more

MORE INSIDER CONTENT: See all Business Record Insider content. Insider News
Iowa Women Lead Change
Business Record 2017 Women of Influence

QVC buying rival Home Shopping Network
CNNMoney: QVC's corporate owner is buying longtime rival Home Shopping Network for 105 million easy payments of $19.99. Actually, the deal's $2.1 billion price tag is being done in stock, not cash, and it encompasses the 61.8 percent of HSN that Liberty Interactive, the owner of QVC, does not already own.

Dish, Amazon chiefs reportedly discuss wireless partnership
Reuters: Dish Network Corp. CEO Charlie Ergen and Inc. head Jeff Bezos have discussed a partnership to enter the wireless business, The Wall Street Journal reported, citing people familiar with the matter.

Tesla no longer biggest U.S. car company by value as stock plunges after safety report
MarketWatch: Tesla Inc.'s stock plunged into bear market territory today before bouncing slightly, after an independent highway-safety organization said the electric-car maker's flagship Model S failed to qualify for any top safety award.The stock selloff has knocked Tesla from its perch as No. 1 U.S. car maker by market capitalization.

Business Record
dsm Magazine
Blue cities want to make own rules; red states won't let them 

BY CHRIS CONETZKEY: The urban-rural divide has been a common theme across a variety of story lines over the past few years. Here's an interesting look from The New York Times at a dynamic that played itself out during last year's legislative session in Iowa, and in a number of other states controlled by one party. From the piece: "In the last few years, Republican-controlled state legislatures have intensified the use of what are known as pre-emption laws, to block towns and cities from adopting measures favored by the left. The states aren't merely overruling local laws; they've walled off whole new realms where local governments aren't allowed to govern at all." The article goes on to talk about examples of states that have used the pre-emptive laws specifically to target policies in cities. Among the examples are minimum wage, paid leave, fracking and plastic bags. One thing's for sure: Expect the pace at which pre-emptive laws are passed to increase: "It's like quick-fire," said Lisa Graves, executive director of the Center for Media and Democracy, which tracks pre-emption bills. "Once it passes someplace, other legislatures go, 'Oh, we could just pre-empt all of this.' " Read more

KCCI Top Stories

Iowa minorities given new tool to challenge all-white juries 
A recent Iowa Supreme Court ruling means black defendants on trial in Iowa have a better chance of challenging all-white juries. The court's decision last Friday throws out a method previously used to gauge the racial composition of a jury and says judges must consider multiple methods of assessment that offer a more balanced review. Read more

Drought conditions settle into parts of Iowa 
About half of Iowa is listed as abnormally dry, according to the latest report from the U.S. Drought Monitor. Much of the southeast and northwest parts of the state are listed as abnormally dry. About 8 percent of the state is listed in a moderate drought, with pockets in the northwest, south and southeast parts of the state. Read more

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Business Record Business Insights Blog
Business Record Business Insights Blog

The Iowa Index is an unweighted average of all 23 Iowa-based public companies. Below is a live look at those 23, plus 14 additional companies with large operations in Iowa.
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