Business and Economy http://iowapublicradio.org en Why Data Centers Are Choosing Iowa http://iowapublicradio.org/post/why-data-centers-are-choosing-iowa <p></p><p>Data centers store digital information off site from a company’s headquarters.&nbsp; In the past couple years tech giants Google, Facebook and Microsoft have all announced plans for new facilities in Iowa.&nbsp;&nbsp;</p><p>John Rath blogs for <a href="http://www.datacenterknowledge.com/">Data Center Knowledge</a> and works as a facilities manager for <a href="http://www.oneneck.com/">OneNeck IT Solutions</a> in Cedar Falls. He says one advantage to building in Iowa is a low incidence natural disasters.</p> Tue, 24 Jun 2014 10:37:42 +0000 Sarah Boden 42692 at http://iowapublicradio.org Why Data Centers Are Choosing Iowa Nuclear Plant Economic Impact Touted http://iowapublicradio.org/post/nuclear-plant-economic-impact-touted <p>Iowa’s only nuclear power plant, the Duane Arnold Energy Center, &nbsp;is observing its fortieth year in operation with the release of a report showing its economic impact in &nbsp;the state.&nbsp;&nbsp; Governor Branstad joined company officials for a celebration at the plant outside Palo. &nbsp;</p><p></p> Thu, 15 May 2014 13:06:12 +0000 Joyce Russell 40661 at http://iowapublicradio.org Nuclear Plant Economic Impact Touted Restaurants Closing due to Low Profits http://iowapublicradio.org/post/restaurants-closing-due-low-profits <div>Customers expecting a dining bargain are making it difficult for restaurants to stay in business. &nbsp;Jessica Dunker, President and CEO of the Iowa Restaurant Association &nbsp; composed of some six-thousand restaurants, says it’s increasingly common for customers to choose free water when ordering an entrée, depriving the business of beverage profits. &nbsp;Dunker also says restaurants hoping to boost sales by offering deals such as Living Social or Groupon promotions are creating “Groupon addicts”. Fri, 04 Apr 2014 10:00:00 +0000 Dean Borg 38597 at http://iowapublicradio.org Restaurants Closing due to Low Profits Regional Airport Project Experiences Turbulence http://iowapublicradio.org/post/regional-airport-project-experiences-turbulence <p></p><p>Plans to build a new regional airport are underway in south central Iowa’s Mahaska County. Two existing airports – in Oskaloosa and Pella would close – and a new consolidated one would provide services to large companies in the area. Iowa Public Radio’s Clay Masters reports on the fight over whether or not a new regional airport will help the area economy.&nbsp;</p><p></p><p></p> Fri, 15 Nov 2013 11:14:00 +0000 Clay Masters 32153 at http://iowapublicradio.org Regional Airport Project Experiences Turbulence Men Hold Two-Thirds of Management Jobs in Iowa http://iowapublicradio.org/post/men-hold-two-thirds-management-jobs-iowa <p></p><p>There are far more men than women in top management jobs in Iowa, according to a new report.<br /><br />The <a href="http://www.americanprogressaction.org/">Center for American Progress Action Fund</a>, a liberal advocacy group, has released a <a href="http://www.americanprogress.org/issues/women/report/2013/09/25/74836/the-state-of-women-in-america/">&quot;State of Women in America&quot;</a> report. It found men hold 67 percent of managerial jobs in Iowa as top administrators in the public and private sectors.</p> Thu, 26 Sep 2013 11:44:44 +0000 IPR Staff 29673 at http://iowapublicradio.org Men Hold Two-Thirds of Management Jobs in Iowa Lawsuit May Stall Davenport Casino Plan http://iowapublicradio.org/post/lawsuit-may-stall-davenport-casino-plan <p></p><p>Prospects for a new casino along Interstate Highway 80 on Davenport’s north side may be stalling as the city considers a lawsuit.</p><p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p> Thu, 19 Sep 2013 11:04:01 +0000 Dean Borg 29323 at http://iowapublicradio.org Lawsuit May Stall Davenport Casino Plan Iowa Business Beat: Education Economics http://iowapublicradio.org/post/iowa-business-beat-education-economics <p><span style="line-height: 1.5;">&nbsp;</span>It's back to school season in Iowa. IPR's Clay Masters talks education economics with Sarah McCammon while she finishes up her assignment for Marketplace this summer covering business and economics news. They discuss the increasing costs for teachers and parents to pay for public school and a report by the US Department of Education found colleges giving bigger grants to wealthier kids.&nbsp;</p> Mon, 26 Aug 2013 11:02:00 +0000 Clay Masters & Sarah McCammon 28050 at http://iowapublicradio.org Iowa Business Beat: Education Economics Head of Economic Development Authority Concerned about Mississippi River http://iowapublicradio.org/post/head-economic-development-authority-concerned-about-mississippi-river <p></p><p><span style="line-height: 1.5;">New attention is being focused on the crumbling lock-and-dam system on the Mississippi River. Iowa officials painted a frightening scenario when they appeared before the Mississippi River Commission last week in Dubuque.&nbsp;</span></p> Mon, 19 Aug 2013 12:48:33 +0000 Rick Fredericksen 27677 at http://iowapublicradio.org Head of Economic Development Authority Concerned about Mississippi River Iowa Business Beat: Rockwell Collins Buys Airinc, John Deere Earnings Beat Projections http://iowapublicradio.org/post/iowa-business-beat-rockwell-collins-buys-airinc-john-deere-earnings-beat-projections <p></p><p>Many Iowans work for two companies in recent business headlines. In a nearly 1.4 billion dollar deal, Cedar Rapids-based Rockwell Collins announced it was buying communication system company Airinc. Rockwell Collins CEO, Kelly Ortberg, calls it the biggest deal the company has undertaken.</p> Mon, 19 Aug 2013 11:57:58 +0000 Clay Masters & Sarah McCammon 27675 at http://iowapublicradio.org Iowa Business Beat: Rockwell Collins Buys Airinc, John Deere Earnings Beat Projections Iowa Business Beat: The Economics of Early School Start Date http://iowapublicradio.org/post/iowa-business-beat-economics-early-school-start-date <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>&nbsp;&nbsp;</p> Mon, 12 Aug 2013 11:05:07 +0000 Clay Masters & Sarah McCammon 27309 at http://iowapublicradio.org Iowa Business Beat: The Economics of Early School Start Date Power Companies Spar Over Solar http://iowapublicradio.org/post/power-companies-spar-over-solar <p>Advocates&nbsp; for solar power are watching an Iowa court case that pits a small Dubuque company &nbsp;against the state’s giant electric utilities.&nbsp;&nbsp;&nbsp; Both sides say the case could &nbsp;eliminate&nbsp; some of the barriers to solar power in the state. &nbsp;</p><p></p> Tue, 06 Aug 2013 18:09:44 +0000 Joyce Russell 27013 at http://iowapublicradio.org Power Companies Spar Over Solar Iowa Business Beat: Cost-Benefit Analysis for Better Government http://iowapublicradio.org/post/iowa-business-beat-cost-benefit-analysis-better-government <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>The Pew Charitable Trusts and McArthur Foundation are funding a project that hopes solve public policy in an evidence-based way. IPR's Clay Masters checks in with Sarah McCammon, who's on assignment with Marketplace this summer, about her reporting on the issue. They also discuss an upcoming story she's working on the economics of recycling.&nbsp;</p> Mon, 05 Aug 2013 11:45:51 +0000 Clay Masters & Sarah McCammon 26923 at http://iowapublicradio.org Iowa Business Beat: Cost-Benefit Analysis for Better Government Iowa Business Beat: Controlling the Cost of College http://iowapublicradio.org/post/iowa-business-beat-controlling-cost-college <p>This week IPR's Clay Masters checks in with Sarah McCammon, who's on assignment with Marketplace, about issues regarding paying for college.</p><p>IPR would like to know what business issues are important to you,<a href="https://www.publicinsightnetwork.org/source/en/insight/622c5833fe15/joining-the-public-insight-network">&nbsp;join our IPR Insight Network and lend your expertise and experience to our reporting. &nbsp;</a></p> Mon, 29 Jul 2013 11:43:12 +0000 Clay Masters & Sarah McCammon 26553 at http://iowapublicradio.org Iowa Business Beat: Controlling the Cost of College Iowa Business Beat: Unemployment Rate Holds Steady, Energy Markets Heat Up http://iowapublicradio.org/post/iowa-business-beat-unemployment-rate-holds-steady-energy-markets-heat <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span><span style="color: rgb(51, 51, 51); font-family: Georgia, Times, serif; font-size: 15px; line-height: 22px;">This week Clay and Sarah discuss the state's unemployment rate which is largely unchanged for June. They also discuss an issue Sarah is reporting on regarding the Keystone XL Pipeline and its impact on the country if its built or not.&nbsp;</span></p> Mon, 22 Jul 2013 11:41:33 +0000 Clay Masters & Sarah McCammon 24394 at http://iowapublicradio.org Iowa Business Beat: Unemployment Rate Holds Steady, Energy Markets Heat Up Iowa Business Beat: Shakeups in Agribusiness http://iowapublicradio.org/post/iowa-business-beat-shakeups-agribusiness <p></p><p>This week Clay and Sarah discuss big news in agribusiness and how the industry is reacting. The U.S. House passed a farm bill that strips the nutrition portion out of the legislation, breaking up the rural/urban coalition of lawmakers. Also, a deadly pig virus is causing pork producers to be even more cautious with how they operate their business. And a deadly train accident in Quebec has people in the United States looking at how the country transports oil.&nbsp;</p> Mon, 15 Jul 2013 10:43:42 +0000 Clay Masters & Sarah McCammon 23995 at http://iowapublicradio.org Iowa Business Beat: Shakeups in Agribusiness Iowa Business Beat: Positive Economic Indicators in Iowa http://iowapublicradio.org/post/iowa-business-beat-positive-economic-indicators-iowa <p></p><p><span style="line-height: 1.5;">&nbsp;</span>IPR's Clay Masters talks with Sarah McCammon who's on assignment covering business news for Marketplace.&nbsp;</p><p>IPR would like to know what business issues are important to you,<a href="https://www.publicinsightnetwork.org/source/en/insight/622c5833fe15/joining-the-public-insight-network"> join our IPR Insight Network and lend your expertise and experience to our reporting. &nbsp;</a></p> Mon, 08 Jul 2013 11:27:24 +0000 Clay Masters & Sarah McCammon 23583 at http://iowapublicradio.org Iowa Business Beat: Positive Economic Indicators in Iowa Postville, Iowa then and now http://iowapublicradio.org/post/postville-iowa-then-and-now <p>Five years ago, on May 12, 2008, Postville's kosher meat packing plant was the site the largest immigration raid in Iowa history. Iowa Public Radio's Pat Blank talks with some of those who were there then and&nbsp;who are still there now</p><p></p> Fri, 10 May 2013 00:30:02 +0000 Pat Blank 20529 at http://iowapublicradio.org Postville, Iowa then and now MidAmerican Energy Announces $1.9 billion Wind Deal in Iowa http://iowapublicradio.org/post/midamerican-energy-announces-19-billion-wind-deal-iowa <p></p> Wed, 08 May 2013 22:35:21 +0000 Clay Masters 20462 at http://iowapublicradio.org MidAmerican Energy Announces $1.9 billion Wind Deal in Iowa Berkshire Hathaway: Coming to a "For-Sale" Sign Near You http://iowapublicradio.org/post/berkshire-hathaway-coming-sale-sign-near-you <p>Warren Buffett’s Berkshire Hathaway's newest Iowa acquisition, Prudential First Realty, soon will be adopting the “Berkshire Hathaway Home Services” logo. The company has 77 agents and three offices in central Iowa, and their “For Sale” signs that now say Prudential, will be converted to Berkshire Hathaway.</p><p>Brennan Buckley is a company marketing executive in Des Moines.</p> Fri, 19 Apr 2013 12:22:05 +0000 Rick Fredericksen 19451 at http://iowapublicradio.org Berkshire Hathaway: Coming to a "For-Sale" Sign Near You Mississippi River Levels Rise Slowly http://iowapublicradio.org/post/mississippi-river-levels-rise-slowly <p></p><p><span style="line-height: 1.5;">It got pretty shaky there for a bit, as river levels fell dangerously low, slowing down barge traffic essential to exporting Iowa’s grain crops. Mike Peterson with the Army Corps of Engineers in St. Louis says they were able to keep boats moving until mother nature stepped in to make the Mississippi navigable again.&nbsp;</span></p><p>"I think it’s a source of relief for a lot of folks in the Corps, the Coast Guard and the river industry."&nbsp;</p> Fri, 15 Mar 2013 20:57:51 +0000 Sandhya Dirks 17761 at http://iowapublicradio.org Mississippi River Levels Rise Slowly Retrieving Freedom http://iowapublicradio.org/post/retrieving-freedom <p>A unique project in Northeast Iowa&nbsp;combines Wartburg College students with service dogs-in-training who will eventually be paired with military veterans or children with special needs.&nbsp; The dogs can profoundly assist physically and emotionally wounded soldiers and give hope to families who need a boost to help cope with a child with challenges. The non-profit organization Retrieving Freedom is supplying the dogs. Their website is <a href="http://retrievingfreedom.org">retrievingfreedom.org</a>.</p> Thu, 21 Feb 2013 21:19:21 +0000 Pat Blank 15829 at http://iowapublicradio.org Retrieving Freedom Former CEO Wasendorf sentenced to 50 years http://iowapublicradio.org/post/former-ceo-wasendorf-sentenced-50-years <div>A&nbsp;&nbsp;federal judge has sentenced 64- year- old Russell&nbsp; Wasendorf, Sr. to 50 years in prison.&nbsp; Last July, following an attempted suicide, Wasendorf&nbsp; admitted to stealing more than 215 million dollars in customer funds from his Cedar Falls brokerage firm Peregrine Financial Group.</div><p></p><p>In a plea agreement in September, he pleaded guilty to charges of mail fraud, embezzlement and making false statements. 50 years is the maximum punishment for those offenses. There is no parole in the federal court system. He was sentenced by Chief Judge Linda Reade.</p> Thu, 31 Jan 2013 23:10:06 +0000 Pat Blank 14323 at http://iowapublicradio.org Former CEO Wasendorf sentenced to 50 years Shipping Woes Along the Mississippi River http://iowapublicradio.org/post/shipping-woes-along-mississippi-river <p></p><p></p><p></p><p>With lingering drought keeping the crucial Mississippi River waterway at historically low levels, some projected that barge traffic on the river would come to a scraping halt in early January. It hasn’t proved to be quite as bad – the Army Corps of Engineers now says the river will likely stay open for transportation at least through the month – but many grain and energy industries that rely on sending products up and down the river aren’t yet breathing a sigh of relief. &nbsp;<o:p></o:p></p> Wed, 09 Jan 2013 03:13:43 +0000 Clay Masters 13043 at http://iowapublicradio.org Shipping Woes Along the Mississippi River Iowa Wind Industry Leaders Praise Extension of Tax Credit http://iowapublicradio.org/post/iowa-wind-industry-leaders-praise-extension-tax-credit <p></p><p></p><p>The “Fiscal Cliff” bill signed by President Obama includes renewal tax credits for wind energy. Iowa is third in the nation for wind power production.</p><p>Wind energy companies here claim the incentives are essential for the growth of the industry. Harold Prior is the Executive Director of the <a href="http://www.iowawindenergy.org/">Iowa Wind Energy Association</a>. He says as the deadline approached without guaranteed renewal, investors were hesitant to start projects.</p> Thu, 03 Jan 2013 13:01:54 +0000 Clare Roth 12823 at http://iowapublicradio.org Iowa Wind Industry Leaders Praise Extension of Tax Credit Curbside Bus Services Increase in Iowa, United States http://iowapublicradio.org/post/curbside-bus-services-increase-iowa-united-states <p></p><p></p><p></p><p>More than 93 million people are expected to be jumping in their cars and traveling this holiday season according to Triple-A. But there’s a new trend emerging that is rivaling the car and even some airlines. Curbside buses are extending routes. Even through the unlikely sparsely populated Midwest and Great Plains.</p> Mon, 24 Dec 2012 07:44:07 +0000 Clay Masters 12389 at http://iowapublicradio.org Curbside Bus Services Increase in Iowa, United States Lake Delhi Frustration and Hope http://iowapublicradio.org/post/lake-delhi-frustration-and-hope <p>Complex negotiations continue as the State of Iowa partners with landowners in Delaware County, in hopes of bringing back Lake Delhi.&nbsp; Part 2 of 3.</p><p></p><p>http://youtu.be/J-c96Jw5dog</p><p></p> Fri, 14 Dec 2012 11:30:00 +0000 Rick Fredericksen 11873 at http://iowapublicradio.org Lake Delhi Frustration and Hope Lake Delhi's Massive Loss http://iowapublicradio.org/post/lake-delhis-massive-loss <p>It was almost 2 and a half years ago when flooding swamped Lake Delhi; the dam washed out, and the lake vanished down river. Today, efforts are underway to bring it back. The economic impact is mounting.</p><p></p> Thu, 13 Dec 2012 11:30:00 +0000 Rick Fredericksen 11863 at http://iowapublicradio.org Lake Delhi's Massive Loss Help for idled Hostess workers http://iowapublicradio.org/post/help-idled-hostess-workers <p>A blue and white “Now Hiring” sign hangs on the front of the Wonder Bread bakery in downtown Waterloo.&nbsp; It’s an outdated sign because not only is the company not adding workers, last Friday it laid off everyone who worked there.&nbsp; Parent company Hostess has filed for bankruptcy idling nearly 19 thousand workers across the country. A federal judge is considering the case and has agreed to mediation.</p> Tue, 20 Nov 2012 00:20:54 +0000 Pat Blank 10995 at http://iowapublicradio.org Help for idled Hostess workers Iowa utility crews in NY brace for second storm http://iowapublicradio.org/post/iowa-utility-crews-ny-brace-second-storm <p></p><p>Hundreds of Iowa utility workers are on the East Coast helping restore power to the thousands knocked offline by Super Storm Sandy. Just as progress is being made, another storm threatens to undo much of the work already accomplished. Lead Safety Consultant for Alliant Energy in Cedar Rapids, Kent Sodawasser says crew members are struggling with downed trees.&nbsp; Sodawasser says he was humbled today when a man wearing a red, white and blue tie shook his hand and said, "Thanks for putting my power back on, now I don't have to watch over my generator and I can go and vote."</p> Tue, 06 Nov 2012 21:46:25 +0000 Pat Blank 10368 at http://iowapublicradio.org Iowa utility crews in NY brace for second storm Iowa Utility Crews Head to the East Coast http://iowapublicradio.org/post/iowa-utility-crews-head-east-coast <p>Utility crews from throughout the country including several from Iowa are on their way to the East Coast to be on the scene for anticipated power outages from the Hurricane Sandy.&nbsp;&nbsp; More than 100 Alliant Energy employees left Cedar Rapids for the journey yesterday including Kent Sodawasser who joins Iowa Public Radio’s Pat Blank by phone from Pennsylvania. Kent Sodawasser is Lead Safety Consultant for Alliant Energy. We hope to check in with the crew again as the storm progresses this week.</p> Mon, 29 Oct 2012 22:51:30 +0000 Pat Blank 9988 at http://iowapublicradio.org Iowa Utility Crews Head to the East Coast