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Monday PM Daily | April 9, 2018
Study links insomnia to being a jerk at work
By Business Record Staff

That sandwich you took from the community kitchen fridge that wasn’t yours, the not-so-nice comment you made during a colleague’s presentation or the spat over a parking spot close to the office front door -- all might be keeping you up at night.

That’s according to a new study from the University of Iowa that finds that people are more likely to suffer from insomnia on days when they do not behave well at work, a news release from UI says.

An article on the study will come out soon in the Journal of Applied Psychology. Its co-authors are Christopher M. Barnes of the University of Washington and Yongjuan Li of the University of Chinese Academy of Sciences.

The finding is based on three studies that sampled from nearly 600 workers in the United States and China. They were asked about their workplace behavior and how they slept.

"After people engage in bad workplace behaviors, they come to realize such bad deeds threaten their positive moral self-image, which creates stress," said lead researcher Zhenyu Yuan, a doctoral student studying management and organizations in the UI Tippie College of Business, according to the release. "As a result, they may keep ruminating over their stress from work, and thus have trouble falling and staying asleep at night."

Two of the studies asked employees to report their counterproductive work behaviors during the day and their off-work feelings and sleep quality at night over the course of 10 workdays, the release said. The researchers found that counterproductive behavior at work was significantly associated with work-related ruminative thoughts in the evening, which further led to insomnia at night.

In the other study, employees were asked to recall different types of work behaviors from the past, the release explained. Those who were prompted to think back to an instance of counterproductive work behavior had more trouble falling and staying asleep that night than those who recalled routine work behaviors.

Read the full UI release here.

The Business Record newsroom’s finding? Be kind and thoughtful while at work (translation: quit acting like a jerk!) and sleep well.

Former Bureau of Indian Affairs official named dean of UI College of Law
Kevin Washburn, a former assistant secretary of the Bureau of Indian Affairs, was recently named the N. William Hines dean of the University of Iowa College of Law. He will begin on June 15. Washburn, 50, succeeds Gail Agrawal, who has been dean of the College of Law since July 2010. Agrawal announced in August 2017 that she would step down from that role on June 30 and continue as a member of the law faculty. Washburn served as dean of the University of New Mexico School of Law from July 2009 to October 2012 before being nominated by President Barack Obama to serve as the assistant secretary to the Bureau of Indian Affairs in August 2012, a role he served in until January 2016. Washburn is an expert in Indian law, criminal law and gambling law and has produced a prolific portfolio of books, book chapters, articles and congressional testimony.

Transamerica proposes $40 million Cedar Rapids campus investment
Transamerica is considering a $40 million investment in its south campus in Cedar Rapids, as the insurer consolidates operations from its north campus on Edgewood Road, the Corridor Business Journal reported. The plans include renovation of the 160,000-square-foot former HIBU facility, which is currently vacant, and renovation of the existing 320,000-square-foot Transamerica building. They also include a new 51,300-square-foot addition to connect the two buildings. All Transamerica employees will be relocated to the campus. The Cedar Rapids City Council on Tuesday will consider a request from the company for tax incentives.

TPI plans move to Airport Commerce Park South
The Printer Inc., a 45-year-old Des Moines company that in recent years has focused on direct-mail products for the gambling industry, plans a $12.8 million expansion that includes a new 75,000-square-foot facility at 2550 Gannett Ave. and the addition of 15 jobs to its present workforce of 157, according to a report to the City Council from the city’s economic development department. Known as TPI, the company will move operations from Thomas Beck Road, where it has been located since 1989. The new jobs would pay an average of $24.06 per hour, with 10 jobs qualifying for the state’s High Quality Jobs Program and paying $29.12 an hour, according to the report. TPI is seeking $387,000 in state investment tax credits and $285,000 in sales tax refunds. The Iowa Economic Development Authority is expected to consider TPI’s request on April 20. The City Council will vote when it meets today on a resolution supporting TPI’s request for state incentives. Under the state program, the city also is required to provide local matching funds. That support will come in the form of a tax abatement with an estimated value of nearly $1.16 million, according to the report to the City Council. Besides direct mail, TPI also creates digital apps and email programs. In addition to the gambling industry, the company serves medical device and equipment providers, veterinary operations and the hospitality industry, according to the TPI website. Meanwhile, the City Council also will vote on a resolution of support for Meredith Corp.’s $20.6 million rehab of its downtown headquarters. IEDA approved a blend of $460,000 in tax credits and sales tax refunds for the project, which is expected to add 41 jobs to Meredith’s local workforce. The city of Des Moines is not required to provide a local match for the project. Meredith also will receive $385,176 in job training funds from Des Moines Area Community College.

Johnston seeking developer interest in proposed town center project
The city of Johnston has issued a request for qualifications to developers interested in taking on the 18-plus-acre Johnston Town Center project at the northeast corner of Merle Hay Road and Northwest 62nd Avenue. Plans call for a new City Hall, trailhead and outdoor market, along with infrastructure improvements to the streetscape and road intersection. A preliminary concept for the site was developed in partnership with Confluence last year. The city released an RFQ to the development community to solicit interest in developing the project’s commercial components and City Hall. Interested teams are asked to respond to the RFQ by May 7. The RFQ is available online or by contacting the city’s economic development department at 515-727-7774.

Ask the (entrepreneurial) reporters a question
Three local journalists who cover technology and innovation and other topics will let you ask the questions for a change during a panel presented by the West Des Moines Business Incubator and Gravitate. Appearing will be Joey Aguirre, editor of Clay & Milk; Kevin Hardy, who covers business, labor and the economy for the Des Moines Register; and Kate Hayden, technology and innovation reporter at the Business Record. The event is at noon Tuesday at the incubator, 318 Fifth St., West Des Moines.

Endow Iowa tax credit rewards giving

BY STEVE DINNEN: Here’s a law everyone can get behind: the Endow Iowa Tax Credit. Legislators in 2003 started a tax break program that allows credits of 25 percent of a charitable donation made through one of Iowa’s 17 community foundations. The program has to be renewed every year. Read more

MORE NOTEBOOK ITEMS: Read more Insider bits and bites of the finer side of Iowa business online.
Guest Opinion: The effect of the wage gap in Iowa

Equal pay for equal work. The next Equal Pay Day is tomorrow, April 10. This date symbolizes how far into the current year women must work, in addition to the entire previous year, to match their male counterparts’ income for the previous year. In effect, today women must work an additional 100 days to catch up. Read more

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Marfrig to become world’s 2nd-largest beef producer with National Beef purchase
Wall Street Journal: Marfrig Global Foods SA has agreed to pay $969 million to buy a majority stake in National Beef Packing Co., a deal the Brazilian company said will make it the world’s second-largest beef producer. Marfrig reached an agreement to acquire 51 percent of National Beef, the fourth-largest beef processor in the U.S., the company said today. It will purchase 48 percent of National Beef from Leucadia National Corp. and 3 percent from other shareholders. National Beef is based in Kansas City, Mo.

Justice Department to allow Bayer's acquisition of Monsanto after concessions
Wall Street Journal: The Justice Department has decided to allow Bayer AG’s megadeal to acquire Monsanto Co. after the companies pledged to sell off additional assets to secure government antitrust approval, according to people familiar with the matter. An agreement in principle between the companies and the department, brokered in recent days, marked a breakthrough in the U.S. merger review process, which had remained in limbo because of Justice Department concerns about the deal.

Trump promises to 'make it up' to farmers hit by China tariffs
CNN Money: President Donald Trump acknowledged today that American farmers may be hurt by Chinese tariffs. But he insisted that farmers would be better off over the long term. He also indicated that any pain farmers feel won't affect his political fortunes. Farmers "are great patriots," Trump said at the White House. "They understand that they're doing this for the country. And we'll make it up to them. And, in the end, they're going to be much stronger than they are right now."
The 10-year baby window that is the key to the women’s pay gap

New York Times: Women who have their first child before 25 or after 35 eventually close the salary divide with their husbands. It’s the years in between that are most problematic, research shows. And the years between 25 and 35 happen to be both the prime career-building years and the years when most women have children.

Murder of Ashley Okland was 7 years ago, but the case remains active
Seven years ago, West Des Moines real estate agent Ashley Okland was fatally shot in a model townhome, though the murder has yet to be solved. West Des Moines police said the case is still active as detectives work to get new information related to the case. Read more
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