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Morning business headlines: 1-8-14

Private employers add 238,000 jobs in December

Reuters: U.S. private employers added 238,000 jobs in December, more than expected and the best figure in 13 months, according to a report by a payroll processor released …

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Fewer global catastrophes recorded in 2013

Natural catastrophes caused global insured losses of about $31 billion in 2013, according to an analysis Munich Reinsurance Co. released on Tuesday, Business Insurance reported. (Registration required.)  That level of losses was far less than the …

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Expansion planned for Grimes Distribution Center

Hubbell Realty Co. is adding a third building to the Grimes Distribution Center, the company announced today. The new industrial space will be located at 1400 S.E. Gateway Drive, directly west of the current facilities. …

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Second Business Summit for Education Excellence scheduled for Jan. 16

The Greater Des Moines Partnership, in conjunction with the Iowa Chamber Alliance, the Iowa Association of Business and Industry and the Iowa Business Council, will hold the second annual Business Summit for Education Excellence on …

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Des Moines Performing Arts CEO re-elected as Broadway League leader

Jeff Chelesvig, president and CEO of Des Moines Performing Arts, was re-elected to The Broadway League’s board of governors and executive committee. In his role, Chelesvig will help The Broadway League foster increased interest, as …

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IowaBiz blog: Why this is the greenest school in America

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Analysts: Expect Fed bond buying to end in 2014

Wall Street experts say that investors should begin preparing for the end of the Federal Reserve’s bond buying program, CNNMoney reported.

 

The Fed has announced that beginning in January, it will buy $75 billion in …

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Meredith purchase of St. Louis TV station opposed

An East Coast cable television company this week filed papers with the Federal Communications Commission registering its opposition to Meredith Corp.’s request for the license to operate a St. Louis television station that Meredith is …

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Local insurance agencies get national recognition

Two Greater Des Moines insurance agencies were recognized among the top-performing agencies in the nation by the Independent Insurance Agents & Brokers of America.  CSB Insurance Group of Johnston and LMC Insurance & Risk Management …

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Rockwell Collins forms Information Management Systems business

Rockwell Collins Inc. today announced the launch of a new Information Management Systems business. The company’s recently completed $1.4 billion acquisition of ARINC Inc. will serve as the foundation of the new business. The business …