Continental Life moves HQ to Iowa from Boise
Continental Life & Accident Co. announced it will relocate its headquarters to Sioux City Iowa citing Iowa’s low taxes and favorable business climate. Chairman Gerald Tyler said premium tax relief could save up to 1 million annually while plans call for growth from 10 employees to 150–200. Governor Branstad touted Iowa as a growing insurance center.
MENTIONED IN THIS ARTICLE
Iowa
Continental Life & Accident Co
Boise
Idaho
Sioux City
Gerald Tyler
Continental Life
Terry Branstad
City National Banks with OCC on loan portfolio plan
City National Bank Cedar Rapids signed an OCC agreement after an exam to improve a 43 million loan portfolio. The three year plan limits dividends, adds a senior lending officer, and requires a 598 thousand charge to loan loss reserves for non performing loans.
MENTIONED IN THIS ARTICLE
George C. Ford
National
OCC
Struve
City National
the Gazette
Cedar Rapids
Minneapolis
Crabtree
Heavy trading leaves stock market mixed after record run
The Dow fell 8.95 to 3249.55 as heavy trading persisted in a mixed market. NYSE volume reached 333.75 million shares with ADM General Mills Gillette Procter & Gamble Quaker Oats all down, while Raytheon rose 2 to 87. The Labor Department reported December CPI up 0.3 percent finishing 1991 with a 3.1 percent year increase.
MENTIONED IN THIS ARTICLE
Associated Press and Gazette
Eport
New York Stock Exchange
NYSE
Iowa
ADM
General Mills
Gillette
Procter & Gamble
Quaker Oats
Raytheon
Labor Department
Private property issues dominate nation’s farm convention
Kansas City AP delegates to the American Farm Bureau Federation 73rd convention urged President Bush to defend private property rights. They re elected Dean Kleckner to a fourth term and pressed for action to halt losses of land rights amid new regulations.
MENTIONED IN THIS ARTICLE
Kansas City
Bush
American Farm Bureau Federation
Bill Stamp Jr
Rhode Island Farm Bureau
State of the Union
Farm Bureau
Dean Kleckner
Kleckner
Rudd
Iowa
Geneva
3 000 Expected At Weekend Business Fair At Hancher
Iowa City area business fair at Hancher Auditorium draws 50 local exhibitors from retail services non profit and government agencies. Organizers expect about 3 000 visitors with free admission and a Walk of the Stars theme featuring celebrity look alikes.
MENTIONED IN THIS ARTICLE
Hancher
Heather Sloman Wood
Gazette
Iowa City Bureau
Iowa City
Hancher Auditorium
Kathryn Kurth
Kurth
Karth
Chamber of Commerce
State economic development funds come with strict rules
The Company Doctor warns that state cash for startups and growth is harder to obtain than private financing and tied to specific rules. Bureaucrats assess eligibility by rule compliance, not growth potential, often requiring job creation, city backing, or targeted industry status. Read the rules, consult bankers, and expect a hard, rule-driven process.
MENTIONED IN THIS ARTICLE
Barbara
Fred
Jed
Ted
Cedar Rapids
P.O
Also Mentioned on This Page
FCC
Washington
Federal Communications Commission
Allied Group
Des Moines
Allied Group Inc
IBM
Iss
New York
Digital
Boston
Digital Equipment Corp
Federal National Mortgage Association
Fannie Mae
Bank of America
Mellon Bank
Wall Street
Goldman, Sachs & Co
Nomura Securities International
Davi Bosworth Inc
Donaldson, Lufkin & Jenrette Securities Corp
First Interstate Bank of
Salomon Brothers Inc
Treasury
Congress
Breeden
Tribune
Edia
Feds
Gazette Phc
HomeWorks
Center Point Road
Boyson Road
Hiawatha
Tegeler Design Center Inc
Janda’s Tool Center
Pella
Jeff Tegeler
Tegeler Design
Pate & Moose Investments
Doctor State
Sstate
Scott Clark
HTC Group Syndicate
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