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JP Morgan CEO gets 50 percent pay cut

Jamie Dimon, CEO at JPMorgan Chase & Co., will have his pay cut in half after the  bank’s board reviewed his role in $6.2 billion in losses through the company’s chief investment office.

Bloomberg reported that …

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Iowa home prices up in December

Iowa Home prices were up significantly in December compared with the previous year, while the number of sales held steady, the Iowa Association of Realtors (IAR) reported.

According to the IAR’s December 2012 Housing Trends …

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University of Iowa Health Alliance names leader

The University of Iowa Health Alliance has named Dan Kueter, a former UnitedHealthcare executive, as its executive director.

The alliance, formed in June 2012 to address the anticipated changes in health-care payment and delivery systems, …

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Iowa charter school laws among worst in nation, report says

Iowa’s charter school laws rank among the worst in the nation, according to a report by the advocacy group Center for Education Reform.

The group’s 2013 Charter School Laws Across the States Ranking and Scorecard report gives …

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Retail sales increased more than predicted in December

Retail sales rose more than forecast in December to end 2012 on a positive note, Bloomberg reported. Purchases climbed 0.5 percent, the biggest gain in three months, after a revised 0.4 percent increase in November that was larger …

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Governor fills another property tax pot to stir

Gov. Terry Branstad’s property tax proposals scored points with a business group that has long been a Republican Party ally today, but failed to convince at least one Democrat that the plan does enough to …

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Number of working poor families grows

The number of U.S. families struggling with poverty despite parents being employed continued to grow in 2011 as more people returned to work but mostly at lower-paying service jobs, according to an analysis released today. …

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Bernanke downplays inflation fears

Federal Reserve Chairman Ben Bernanke on Monday played down the fears of some more hawkish central bankers and investors that the Fed’s aggressive bond-buying program will lead to higher inflation, MarketWatch reported.

 

“I don’t believe …

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Water Works requests Saylorville release

Des Moines Water Works has requested a release of water from Saylorville Reservoir this week by the Army Corps of Engineers. “Our intention at this time is to ensure procedures and mechanisms are in place at …

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Jim and Patty Cownie to receive Bravo Award

Patty and Jim Cownie will be presented the Bravo Award during the eighth  annual Bravo Greater Des Moines Awards Gala on Feb. 2 at Hy-Vee Hall in downtown Des Moines. The Bravo Award recognizes a …

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