La'James International College sued for student fraud repayments sought
Iowa AG accuses La'James International College of systematically defrauding students across campuses Cedar Rapids Iowa City Cedar Falls Davenport Fort Dodge and Johnston plus locations in Illinois and Nebraska. The suit seeks repayment to affected students fines and cease fraudulent practices. owner Becher previously settled sanitation violations with a $10 000 fine.
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Sears cuts health care subsidy for retirees in 2015
Sears Holdings will eliminate the $37 monthly health care subsidy for about 14,000 retirees and dependent spouses who retired before 2000. The change, effective in 2015, aims to cut roughly $6.2 million annually, while pensions and life insurance remain unchanged. Sears expands retiree medical plans with Aetna from four to eight options.
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MEDCO names new president in Marion
Marion's economic development group selected Nick Glew, former Main Street director at the Marion Chamber, to succeed George Lake as MEDCO president. Glen, a Marion resident with a UNI degree, begins Sept. 15 after Lake left to lead Buchanan County EDC in Independence. Lake served 1998 2001 as extension director.
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