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Morning business headlines: 1-19-15

The rich tilt global wealth their way

Time: Global income inequality is headed for a new milestone with the world’s richest 1 percent on track to control more wealth than everyone else on the planet …

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Skywalk could open earlier to accommodate Wellmark YMCA users

At the request of businesses and early birds who want to use the Wellmark YMCA, the city of Des Moines Urban Design Review Board will consider extending the hours the downtown skywalk system is open …

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LifeFlight to serve Trinity hospital in Fort Dodge

UnityPoint Health – Des Moines plans to establish a LifeFlight base in Fort Dodge to serve Trinity Regional Medical Center and north-central Iowa. For several decades, LifeFlight has provided air ambulance services from Trinity to …

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Panel to focus on how to best engage women through social media

The Des Moines Social Media Club has organized an event for businesses interested in learning how to best engage women through social media channels. The event, scheduled Feb. 3 from 5:30 to 7 p.m., will …

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Farm Bureau, ag alliance, Cedar Rapids promote clean-water efforts

 

There was news on multiple fronts this week in the increasingly hot debate over how to clean Iowa’s waterways.

 

The Iowa Farm Bureau Federation came out with policy statements that encourage farmers to …

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Launer to retire at Fidelity & Guaranty; Littlefield tapped as next CEO

Fidelity & Guaranty Life announced today that Lee Launer Jr., the company’s CEO and a member of its board of directors, has elected to retire effective April 30.

 

The Des Moines-based insurance holding company …

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Iowa Credit Union Foundation kicks off fundraising campaign

The Iowa Credit Union League’s holding company, Affiliates Management Co., and its family of companies, including PolicyWorks, The Members Group and TMG Financial Services,   to kick off its 20th anniversary fundraising campaign, which has …

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Barilla announces $26.8 million expansion

Barilla announced Friday that it is planning a $26.8 million expansion at its Ames plant, KCCI Channel 8 reported. The expansion will add two new production lines to the plant, including a gluten-free pasta line. Company …

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Citigroup loses more than $150 million amid Swiss currency debacle

Citigroup Inc., the world’s biggest currencies dealer, lost more than $150 million after the Swiss central bank decided to let the franc trade freely against the euro, Bloomberg reported. The losses took place on Citi’s trading desks …

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Consumer prices drop is largest in six years

U.S. consumer prices recorded their biggest decline in six years in December and a gauge of underlying inflation failed to rise, which could make the Federal Reserve more cautious about raising interest rates, Reuters reported.  Other …