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Developer Kline admits to bank fraud in court

Greater Des Moines developer John C. Kline today pleaded guilty to two counts of bank fraud in federal court, rather than face a trial later this month and the possibility that his former partner, Randal …

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Iowa NFIB members oppose Medicaid expansion

More than 83 percent of National Federation of Independent Business (NFIB) members surveyed in Iowa said they oppose an expansion of Medicaid in the state. Under provisions of the federal health-care overhaul, states have the …

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Foster Group announces leadership changes

Foster Group Inc., a fee-only investment advisory firm based in West Des Moines, announced that its founder and CEO, Jerry Foster, has assumed a new role as chairman and that its longtime president, Mark Stadtlander, …

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Wells Fargo earnings up 24 percent

Wells Fargo reported $5.1 billion in profit for the fourth quarter. Mortgage refinancings driven by low interest rates helped drive the 24 percent earnings increase,The New York Times reported. Wells Fargo reported $21.95 billion in revenue …

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Iowa Energy Center names new director

Mark Petri, an engineer with 23 years of experience at one of the largest national laboratories has been named the next director of the Iowa Energy Center, effective Feb. 25. Since 2008, Petri has been …

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Register circulation down 7 percent, Civic Skinny says

The Des Moines Register circulation has fallen more than 7 percent in the past year, according to Cityview’s Civic Skinny column.

The declines accelerated after June 1 when subscription prices were raised. Overall Sunday circulation …

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House sales up in December and for the year

More houses were sold in the Des Moines area in December than a year earlier, according to a report released by the Des Moines Area Association of Realtors.

The report said that 662 sales contracts …

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University of Phoenix opening downtown location

The University of Phoenix will hold a grand opening of its new campus location today in downtown Des Moines.

The new location in the Bank of America Building at 317 Sixth Ave. has three classrooms …

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Bad flu season could stretch businesses, hospitals

Feeling sick? Toughing it out might not be the best option.

The Centers for Disease Control and Prevention estimate that, on average, seasonal flu outbreaks cost the nation’s employers $10.4 billion in direct costs of …

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Chicago Fed president to speak in Des Moines

The CFA Society of Iowa will feature Charles Evans, president of the Federal Reserve Bank of Chicago, during its annual Investment Strategy Dinner on Feb. 28.

The event will be held at the Wakonda Club, …