DuPont to Buy Danisco in Major 2010 Deal
DuPont to acquire Danisco in a deal valued as the company’s biggest since Pioneer seed. Genencor and Danisco units post strong quarterly results with Genencor revenue up 19.6 percent, Danisco earning $53.5 million on $2.6 billion sales for fiscal 2010. The deal, awaiting Danish regulators and shareholder approvals, could reshape biofuels and food enzyme markets.
MENTIONED IN THIS ARTICLE
Danisco
Genencor
DuPont
Baird
Cedar Rapids Area
41St Ave. Dr. SW
Delaware
Pioneer
New York Stock Exchange
Arraignment Set In Iowa Film Tax Credit Scandal
Four defendants including Wheeler and Heppner Elgin face Jan. 18 arraignments on multiple Class C and D felonies tied to inflated film contract values and bogus tax credits totaling millions. The audit disclosed 25.6 million in improper credits and 32 million granted to 22 companies amid a suspended program. Trial dates include Jan 31 for a dropped misdemeanor and Feb 7 for Wendy Runge Runge.
MENTIONED IN THIS ARTICLE
Changing Horses Productions
Iowa
Wheeler
Bruce Heppner-Elgin
Washington
Iowa Film Pro
Duction Services
Chad Witter
Bettendorf
Dennis Brouse
Plattsmouth
Neb
Changing Horses
David Vaudt
Chet Culver
Department of Economic Development
California
Economic Development Agency
Wendy Reiner Runge
Matthias Saunders
Zachary LeBeau
Runge
City Hall Moves Back to Courthouse Plan for Cedar Rapids
Cedar Rapids could move City Council meetings and key city offices back to the former courthouse by summer. The plan envisions housing finance housing services and human resources on lower floors while converting the third floor courtroom into a council chamber, with historic requirements in mind. Officials say the courthouse offers quicker access than the Veterans Memorial Building and could reduce needed upgrades.
MENTIONED IN THIS ARTICLE
C.R
Pomeranz
Council
Veterans Memorial Building
U.S. General Services Administration
Veterans Memorial Commission
Federal Emergency Management Agency
Veterans Memorial
Hiawatha City Hall
Cedar Rapids
Mike Jager
Jager
Vets
Court Upholds Dismissal Of Wrongful Arrest Suit
An appeals court ruled that the lawsuit against the city of Waverly and a Waverly police officer was properly dismissed. The case involved sisters Maxine Veatch and Chris Price who alleged retaliation related to their mother's care at Bartels Lutheran Retirement Community after they questioned staff. Veatch was arrested on suspicion of misdemeanor assault in September 2006.
MENTIONED IN THIS ARTICLE
Waverly
Maxine Veatch
Chris Price
Bartels Lutheran Retirement Community
Veatch
Bartels
Regional Roundup of Veatch Case and Medical Board Action
Veatch testified she saw Ve atch push her mother into a wheelchair and was acquitted after a trial. An appeals court ruling supported Waverly Police Sgt. Jason Leonard’s arrest justification. A Fairfield doctor surrendered his medical license to settle Iowa Board of Medicine charges. Robert David, 55, pled guilty in Florida to Medicaid fraud, with four years probation and restitution.
MENTIONED IN THIS ARTICLE
Veatch
Waverly
Jason Leonard
Fairfield
Iowa Board of Medicine
Robert David
Florida
David
Iowa
Associated Press
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Sourcemedia
Genencor International Inc
Boshart
Sourcemedia.net
K.smith
Midwest Athletic Club
Xtreme
Hiawatha
Downtown Xpress
Fairfax Xpress
The-Mac.net