Sears Kmart to close stores in Iowa amid large layoffs
Sears Holdings plans to close more than 100 Kmart Sears and Sears Auto Center locations including three in Iowa Ames and Clive with 93 jobs lost Fort Dodge Sears store and Auto Center to close in January 41 jobs saved liquidation begins Oct 31 at Ames and Clive and in Fort Dodge last month company aims to cut expenses and transform its business model
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Sears Holdings
Kmart
Sears
Sears Auto Center
Iowa
Hoffman Estates
Ames
Clive
Fort Dodge
SeekingAlpha.com
Sears Department
Sears Auto Centers
Bloomberg
Vendor
Cedar Rapids
Davenport
Des Moines
Mason City
Sioux City
Waterloo
Iowa City
Eastern Iowa ACE Mentor Program launches at Kinnick Stadium
High school students from seven Eastern Iowa counties begin hands-on architecture engineering in a four month project to design a 1500 square foot STEM center at Clear Creek Amana Middle School. Kirkwood Community College Shive-Hattery and the Home Builders Association back the effort with funding and design input.
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Stephen Mally
the Gazette
Allen Witt
Kirkwood Community College
Clear Creek Amana
Logan Viktora
Timothy Mass
Marion High School
Cody Alberts
Kinnick Stadium
Iowa City
Clear Creek Amana Middle School
Iowa
Eastern Iowa
Shive-Hattery Inc
Greater
Iowa City Area
Home Builders Association
Joe Greathouse
Kirkwood
Shive-Hattery
Keith Johns
Johnk
Greathouse
Hills Bank and Trust
AEGON to Sell Canadian Life Unit to Wilton RE for 535.5 Million
AEGON agrees to sell its Canadian life insurance operations to Wilton RE for 535.5 million dollars. The deal, expected to close in Q1 2015, will incur a book loss around 1.1 billion and comes as AEGON redoubles debt reduction via bond redemptions. CEO Alex Wynendts says the move improves return on equity by 40 basis points and keeps Canada customers with competitive middle market options. Wilton RE reports 14.5 billion in assets and 1.4 billion in annual operating revenues as of Sept 30.
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AEGON
Wilton RE
Wilton
Conn
Transamerica
Cedar Rapids
Alex Wynnendts
Wynnendts
Canada
Senators press for nationwide Takata air bag recall
Senators Blumenthal and Markey urged the NHTSA to issue a global recall of Takata air bags in 10 automakers vehicles. They note at least four deaths and millions of recalled cars since 2008 due to shrapnel risk from over inflated bags. The issue is linked to hot humid regions and improper sealing.
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U.S
Richard Blumenthal
Connecticut
Edward Markey
Massachusetts
National Highway Traffic Safety Administration
Takata Corp
United States
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