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.
Principal Financial Group Inc. announced today that it will eliminate 550 jobs, including 300 in its Des Moines headquarters.
The company’s senior vice president for human resources, Mary O’Keefe, said the employees whose positions have been eliminated will receive severance pay and career assistance.
“The most difficult decision business leaders ever have to make is the decision to eliminate jobs,” O’Keefe, said in a prepared statement. “Since September when market conditions worsened, we have been continuously reviewing expenses and expected revenues. In order to bring expenses more in line with projected revenues, we have already cut many expenses. Unfortunately, this must include eliminating some jobs.”
The Des Moines-based insurance and financial services company employs more than 16,000 people worldwide and 8,000 in Central Iowa.
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