Monday Afternoon News, March 4
Soderberg Schedules Legislative Forums For Saturday
(Des Moines) -- State Representative Chuck Soderberg of Le Mars has announced he will hold several legislative forums on Saturday, March 9th. Soderberg will begin the day at 9:00 a.m. with a forum to be held at the Hinton Community Center located at 205 W. Main Street.
Le Mars and the Habitue' Coffeehouse at 108 Central Avenue Northeast at 10:30 a.m. will be the second stop for Soderberg. The third and final stop is scheduled to begin at 12:00 noon at the Akron Public Library located at 350 Reed Street. The legislative panel will be discussing various issues concerning the Iowa Legislature. The public is invited and encouraged to attend the meetings and address any issues that are of concern.
New Women's Fashion Store Opens in Le Mars
(Le Mars) -- Women who want to wear fashions that normally are found in larger cities may want to check out Bad Habit Boutique. Bad Habit Boutique is a new women's fashion store that opened last week, and store owner Sara Morrow says it could be a women's sanctuary.
Morrow says she offers women's and juniors apparel, accessories, and shoes. The new store owner says the merchandise features some name brands.
The Bad Habit Boutique store owner says she first got started with fashion design back in high school.
Bad Habit Boutique's hours are Tuesday, Thursday, and Friday from 10:00 to 5:30, Wednesday 10 to 8, and Saturday 9 to 3.
Principal Finance Takes Over Liongate
DES MOINES, Iowa (AP) - Principal Global Investors, a division of Des Moines-based Principal Financial Group is buying a majority stake in hedge fund manager Liongate Capital Management.
Liongate, founded in 2003, has about $2.1 billion in assets under management. The company is based in London and New York and has offices in Zurich, Malta, and Mumbai.
Principal is buying a 55 percent stake in Liongate. The company's current partners will retain 45 percent and will continue to manage it. Details of the transaction were not immediately
released. It is expected to close in the second quarter of this year.
Principal Global Investors CEO Jim McCaughan says the acquisition strengthens Principal's alternative investment capabilities, an area where client demand is growing.
Liongate's client base includes pension funds, insurance companies and sovereign wealth funds.
Branstad Introduces Healthy Iowa --An Alternate To IowaCare
DES MOINES, Iowa (AP) - Gov. Terry Branstad says his health care proposal for some low-income Iowans will not provide the same benefits as an expanded Medicaid, but called his approach more
Branstad on Monday unveiled Healthy Iowa, a revamped version of IowaCare, a state and federally funded program which provides limited benefits to about 70,000 low-income adults. The new plan
would adjust eligibility rules and offer some additional coverage, including service in more locations.
Branstad wants to get federal approval to set up Healthy Iowa instead of pursing a Medicaid expansion permitted under President Obama's health care overhaul. He says his approach will better
shield Iowa from federal fiscal changes.
Democrats in the state Senate say the plan would provide people with fewer benefits at a higher cost to the state.
Medicinal Marijuana Dies In Iowa Legislature
DES MOINES, Iowa (AP) - A proposal to legalize marijuana for medical use likely is dead for this session.
A Senate subcommittee approved the bill Monday, but the panel's chairman, Iowa City Sen. Joe Bolkcom, says the proposal likely won't go further because there isn't support for it in a full committee.
The bill would allow patients with a qualifying condition, such as cancer, to get a prescription for medical marijuana. Nonprofit dispensaries could provide marijuana to eligible patients.
Bill advocates with illnesses like multiple sclerosis and post-traumatic stress disorder testified Monday that marijuana was a better alternative to synthetic prescription drugs.
Republican subcommittee member Sen. Joni Ernst opposed the bill, saying it would be difficult to ensure dispensaries wouldn't sell marijuana to people without a prescription.
A House subcommittee has rejected a similar bill.
OSHA Fines Omaha Beef Processor
OMAHA, Neb. (AP) - Federal safety regulators say they've proposed more than $61,000 in fines against an Omaha beef processor for several violations.
The U.S. Department of Labor's Occupational Safety and Health Administration cited Nebraska Beef Ltd. with eight safety violations, including one the agency said was a repeat of a
OSHA says Nebraska Beef has been inspected 12 times since 1998, resulting in several citations.
The company can pay the proposed penalties and comply, request an informal conference with OSHA's area director or contest the findings before the independent Occupational Safety and Health
Iowa City Man Fights With Deputies
IOWA CITY, Iowa (AP) - An Iowa City man is accused of fighting several deputies and attempting to escape them multiple times.
The Iowa City Press-Citizen (http://icp-c.com/XlESnR ) reports 38-year-old Christopher Lenz was a patient Friday at Mercy Hospital. A criminal complaint says medical staff was evaluating
Lenz when he lunged at a deputy and tried to remove the deputy's handgun from its holster.
The deputy used a Taser to stop Lenz. He was arrested and put in a cell, where police say he continued to try to get away. Police say Lenz rushed past the door of his cell and pushed a deputy
against the wall. He also attempted to punch another deputy.
Lenz faces charges that include assault and disarming a peace officer of a dangerous weapon.