Wednesday was a difficult day for The American Independent News Network, which is the larger entity that operates The Iowa Independent. Our chief executive and founder announced two of our sister sites would close and their content would be moved to The American Independent.
A recently introduced bill could have far-reaching impact on the U.S. sugar industry, including American Crystal Sugar, a farmer-owned cooperative that locked out 1,300 Midwest workers on Aug. 1.
The chairman for Herman Cain’s Iowa effort says the campaign “relied more on the word of farmers than Washington regulators” in deciding to run an ad containing claims the Environmental Protection Agency says are false.
The Iowa Senate will remain under the control of a slim 26-25 Democratic majority when it reconvenes in January 2012.
Gannett Co. Inc, publisher of The Des Moines Register and Iowa City Press-Citizen, announced Friday its preliminary net income fell to $158 million, or 69 cents per share, in the fourth quarter, down 36 percent from a year ago, as advertising revenue continues to fall.
Gannett shares fell 46 cents, or 6.7 percent, to $6.44 in morning trading Friday.
At Gannett’s flagship paper, USA Today, ad revenue sank 18.5 percent in the fourth quarter while paid ad pages totaled 788 compared with 1,045 in the same quarter of 2007.
The company cut 10 percent of its newspaper workforce late last year, including more than 100 job cuts in Iowa. The company is also imposing a one-week unpaid furlough for every newspaper employee in the first quarter of 2009.
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