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This is the way you mend a firing: $60 million severance

Henrique de Castro is leaving Yahoo Inc. with a severance package estimated to be more than $60 million, one of the largest golden parachutes ever given to an executive who was fired. De Castro, the chief operating …

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Economists predicting big spurt in economic growth

Many economists are predicting that this year will bring the fastest spurt to economic growth since the Great Recession, MarketWatch reported.

Those economists think the dismal 74,000 increase in net hiring last month was a …

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Morning business headlines: 1-20-14

Staples mini post offices draw union criticism

CNNMoney: A U.S. Postal Service program to open “mini post offices” inside dozens of Staples stores has drawn a sharp rebuke from postal employee unions. Workers are concerned …

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American Equity sales up 6.7 percent in 2013

American Equity Investment Life Holding Co. announced that its fourth-quarter annuity sales totaled $1.1 billion, bringing sales for 2013 to $4.2 billion, a year-over-year increase of 6.7 percent. The West Des Moines-based insurer will announce …

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Wellmark YMCA groundbreaking to be held today

A groundbreaking ceremony for the new Wellmark YMCA will be held this afternoon in the former Polk County Convention Center at 501 Grand Ave at 1:30 p.m. The $30 million project was made possible through …

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Dahl’s, Science Center partner on healthy eating exhibit

The Science Center of Iowa and Blank IMAX Dome Theater will partner with Dahl’s Foods to renovate a portion of the “Small Discoveries” marketplace exhibit at the Science Center. New exhibits and content will provide …

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U.S. is inviting to international workers

As the economy recovered last year, more international workers started calling the United States home, CNNMoney reported. Based on customer data from UniGroup Relocation, the international arm of United Van Lines LLC, 15 percent more …

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Prairie Meadows trip to Las Vegas expo comes under question

A story in The Des Moines Register has one Polk County supervisor questioning a trip of Prairie Meadows Racetrack and Casino board members, employees and spouses to a September conference in Las Vegas. The trip …

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Referral networking business coming to Urbandale

Omaha-based Center Sphere LLC has launched a new division in Urbandale. Partnering with the Urbandale Chamber of Commerce, Center Sphere — a referral networking business — has spent the past four years helping businesses grow …

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IEDA approves incentives for Loffredo, General Mills

The Iowa Economic Development Board approved tax benefits and awards to five companies that are expected to create 91 jobs and result in more than $90 million in new capital investments for the state.

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