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  • US halal food supplier indicted over beef exports Friday, 24 Oct 2014 | 12:52 PM ET

    IOWA CITY, Iowa— The founder of a popular brand of food for observant Muslims has been indicted on charges that he shipped beef to Malaysia and Indonesia that didn't meet those countries' import requirements. A federal grand jury returned the indictment Thursday against Bill Aossey, Jr., who founded the Midamar Corp. in 1974. The Cedar Rapids company grew into the...

  • Heartland Express misses Street 3Q forecasts Friday, 24 Oct 2014 | 10:54 AM ET

    NORTH LIBERTY, Iowa _ Heartland Express Inc. on Friday reported profit of $22.7 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. Analysts expected $229.2 million, according to Zacks.

  • Principal Financial beats 3Q profit forecasts Thursday, 23 Oct 2014 | 4:42 PM ET

    DES MOINES, Iowa _ Principal Financial Group Inc. on Thursday reported net income of $240.7 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share. Principal Financial shares have risen nearly 3 percent since the beginning of the year, while the Standard& Poor's 500 index has...

  • Amazon to refund Iowa customers over subscription Thursday, 23 Oct 2014 | 1:26 PM ET

    DES MOINES, Iowa— Online retailor Amazon has agreed to refund more than 1,000 Iowa customers over issues regarding a subscription service. The state Attorney General's Office says the agreement means Amazon.com Inc. and Amazon Services LLC will give $122,000 in refunds and credits to Iowa customers. The agreement requires that Amazon comply with state law...

  • The lawsuit, filed in the U.S. Court of Appeals for the Ninth Circuit in California, argues that the Environmental Protection Agency did not adequately analyze the impact of one of the new herbicide's active ingredients, 2,4- D, before granting approval on Oct. 15 to Dow's Enlist Duo herbicide. "They did not do an adequate job," said Andrew Kimbrell, an attorney with...

  • Meredith Corp. posts 1Q profit Thursday, 23 Oct 2014 | 8:33 AM ET

    DES MOINES, Iowa _ Meredith Corp. on Thursday reported net income of $29.4 million, or 65 cents per share, in its fiscal first quarter. Meredith Corp. expects full-year earnings to be $3 to $3.25 per share. Meredith Corp. shares have dropped 10 percent since the beginning of the year.

  • Key Iowa regents want 3rd straight tuition freeze Thursday, 23 Oct 2014 | 5:01 AM ET

    IOWA CITY, Iowa— The governing board of Iowa's three public universities will vote on a plan that would freeze tuition rates for in-state undergraduates for the third straight year, key members said Thursday. In a surprise, three members of the Iowa Board of Regents announced they would support a freeze instead of a proposal unveiled last week to raise tuition...

  • The lawsuit, filed in the U.S. Court of Appeals for the Ninth Circuit in California, argues that the Environmental Protection Agency did not adequately analyze the impact of one of the new herbicide's active ingredients, 2,4- D, before granting approval on Oct. 15 to Dow's Enlist Duo herbicide. "They did not do an adequate job," said Andrew Kimbrell, an attorney with...

  • A Republican Senate means changing the chairmen Wednesday, 22 Oct 2014 | 1:58 PM ET

    WASHINGTON— If Republicans win the Senate, the Pentagon should brace for constant grilling from Sen. The size of a Republican majority would determine committee ratios and budgets; more seats in the Senate translate into a greater advantage on the panels. "If we lose the Senate, for one thing, the way this Senate's been operating, they could end up blocking all my...

  • 'Silicon Beach' brings tech boom to Los Angeles Wednesday, 22 Oct 2014 | 1:41 PM ET

    LOS ANGELES— So long Silicon Valley. In the past few years Google, Microsoft, Facebook, and YouTube have opened offices on the west side of Los Angeles from Santa Monica south to Venice and Playa del Rey. "Historically, Silicon Valley has been the center of gravity for tech and startups but I think more and more, these types of companies can be built anywhere," says Erik...

  • CHICAGO, Oct 21- With rain delaying the U.S. harvest and domestic and export use of crops strong, the squeeze on storage space in the world's biggest food exporter is not as bad as many feared, a top grain market analyst said on Tuesday. But the fact that we are stretching harvest out means that every day you are consuming another 70 million bushels, " Darrel Good,...

  • New efforts to ban tobacco farm child labor Tuesday, 21 Oct 2014 | 12:45 PM ET

    "I think that many members of Congress have been shocked that children are suffering nicotine poisoning from working in U.S. tobacco fields," said Jo Becker, Human Rights Watch's children's rights advocacy director. Philip Morris International, which limits the type of work children can do on tobacco farms, says it would like to see stronger U.S. regulations in...

  • Judge to rule against Ameren in power line case Monday, 20 Oct 2014 | 3:28 PM ET

    JEFFERSON CITY, Mo.— A judge said Monday that he will rule against a subsidiary of Ameren Corp. in a legal fight over whether it needs state regulators' permission to build a high-voltage power line across northern Missouri. Cole County Circuit Judge Dan Green said he's inclined to reject Ameren's request for a declaration that the Missouri Public Service...

  • Appeals court revives Syngenta, Bunge GMO lawsuit Monday, 20 Oct 2014 | 3:07 PM ET

    DES MOINES, Iowa— A federal appeals court gave agricultural chemical-maker Syngenta Seeds hope Monday that it may be able to proceed with a lawsuit against grain storage and transportation company Bunge North America for refusing to accept one of Syngenta's genetically modified corn varieties. Syngenta sued Bunge in 2011, claiming it illegally refused to...

  • GOP governors don't see 'Obamacare' going away Monday, 20 Oct 2014 | 2:19 PM ET

    WASHINGTON— While Republicans in Congress shout, "Repeal Obamacare," GOP governors in many states have quietly accepted the law's major Medicaid expansion. John Kasich says he doesn't think there will be a repeal in Washington, even if Republicans win a Senate majority and consolidate their hold on the House in next month's election. Kasich called The...

  • NewLink Genetics rises on Roche cancer partnership Monday, 20 Oct 2014 | 1:24 PM ET

    NEW YORK— A newly announced partnership with Genentech on an experimental cancer drug sent shares of NewLink Genetics soaring 15 percent Monday. Shares of NewLink Genetics Corp. rose $4.34 to $33.69 in afternoon trading. NewLink Genetics also holds the license for an experimental Ebola vaccine and is preparing to start a clinical trial in the U.S., Germany,...

  • CHICAGO, Oct 20- The largest U.S. grain harvest in history has pushed prices to four-year lows, which usually means a sales bonanza for the world's largest food exporter. Traditional rivals and aggressive new competitors with their own huge harvests, such as Ukraine and Russia, are leveraging the dollar's strength to snap up a bigger share of a market that is...

  • Data analytics company Workiva files for IPO Friday, 17 Oct 2014 | 6:11 PM ET

    Morgan Stanley and Credit Suisse are among the major underwriters for the offering, the company said in a regulatory filing on Friday. The company had more than 2,100 enterprise customers as of Sept. 30, including JPMorgan Chase& Co, Philip Morris International, Boeing Co and Wal-Mart Stores Inc. The Ames, Iowa- based company's net loss widened to $28.4 million in...

  • Lottery officials launch new multi-state game Friday, 17 Oct 2014 | 1:20 AM ET

    DES MOINES, Iowa— A new lottery game that features more but smaller jackpots will start this weekend in some U.S. states. The Monopoly Millionaires' Club game has $5 tickets that will be sold starting Sunday in 23 states. The game will have a niche audience that won't compete with Powerball and Mega Millions, the two other national games, according to Rebecca...

  • Oct 16- Winnebago Industries Inc reported a drop in its average selling price as the company sold more lower-priced motorhomes in the fourth quarter, sending its shares down as much as 7 percent to a 16- month low. Winnebago's recreational vehicles range in price from about $65,000 to about $426,000. With U.S. household income hardly growing, investors are...