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Iowa

  • Business Highlights Wednesday, 16 Apr 2014 | 6:29 PM ET

    Why high oil prices are actually good for airlines. NEW YORK— Airline executives frequently complain about fuel costs, but higher prices actually have been good for business. The average cost of a roundtrip domestic ticket grew to $378.62 from $351.48 in the last five years, when adjusted for inflation.

  • Some exempted from minimum wage, increased or not Wednesday, 16 Apr 2014 | 3:03 PM ET

    More than a dozen categories of jobs are exempt from the minimum, currently $7.25 an hour. Tom Harkin, D- Iowa, would gradually raise the minimum to $10.10 by 2016. The Congressional Budget Office estimates it would mean higher earnings for 16.5 million workers— but also would cost 500,000 others their jobs.

  • Farmers off to slow start planting corn crop Tuesday, 15 Apr 2014 | 3:28 PM ET

    ST. LOUIS— Most years about this time, northern Illinois farmer Monty Whipple, like so many Midwest growers, would be riding high in his monstrous planter, kicking up dust while sowing corn in hundreds of acres. Farmers in other key corn-producing states— Iowa, Nebraska and Indiana— were equally idle, the USDA says.

  • Union fights push to hire private tax collectors Tuesday, 15 Apr 2014 | 12:53 PM ET

    The IRS stopped using private tax collectors in 2009 after determining that agency employees could do a better job. The National Treasury Employees Union said the program failed in the past and should not be forced on the IRS. The Senate Finance Committee passed a bill two weeks ago that included an amendment requiring the IRS to revive the program.

  • New owners offer buyouts to Pittsburgh Heinz staff Tuesday, 15 Apr 2014 | 7:56 AM ET

    PITTSBURGH— The new owners of H.J. Heinz Co. have offered buyouts to all workers in Pittsburgh, where the ketchup-and-food giant has been based for decades, but insist the offer doesn't signal a plan to move the company's headquarters.

  • Business Highlights Monday, 14 Apr 2014 | 5:46 PM ET

    WASHINGTON— U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products. The 1.1 percent jump reported by the Commerce Department on Monday was the best showing since September 2012. WASHINGTON— The calendar shows April 15, and you haven't even started on your federal tax return?

  • Congressional report presses for e-cigarette rules Monday, 14 Apr 2014 | 6:44 AM ET

    A 2009 law gave the FDA the power to regulate a number of aspects of tobacco marketing and manufacturing, though it cannot ban nicotine or cigarettes outright. The proposed FDA regulation was submitted to the Office of Management and Budget for review in October.

  • New Hampshire Republicans get a preview of 2016 Sunday, 13 Apr 2014 | 5:29 AM ET

    Three Republicans who are considering a run for the White House pitched their views on Saturday for how conservatives can retake power in Washington.

  • Alaska ad proudly ties Dem senator to 'Obamacare' Friday, 11 Apr 2014 | 4:52 PM ET

    WASHINGTON— After months of watching Democrats get hammered over President Barack Obama's health care law, friends of an embattled senator are fighting back by proudly linking him to "Obamacare." An independent group in Alaska is airing a TV ad that praises Democratic Sen.

  • *Corn back above $5 on slow start to U.S. planting. Corn fell on technical selling but pared losses amid concerns about potential U.S. planting delays. At the Chicago Board of Trade by 12:34 p.m. CDT, May wheat was down 7 cents at $6.62 a bushel, while KC May hard red winter wheat, the type grown in the Plains, dipped to a one-month low of $7.19-3/ 4.

  • Late night then & now as Dave prepares to take off Thursday, 10 Apr 2014 | 9:03 AM ET

    Not that media writers can resist another round of the Late Night Guessing Game, this time focusing on who will replace David Letterman when he steps down from CBS' "Late Show" next year.

  • MOLINE, Ill., April 9- Steps away from a replica of the revolutionary 1837 steel plow at tractor company John Deere's headquarters sits a combine as big as a tank and packed with computer wizardry that harvests huge volumes of valuable data as it gathers crops.

  • GfK Poll: Most Americans say filing taxes easy Wednesday, 9 Apr 2014 | 4:02 PM ET

    WASHINGTON— Struggling to figure out your federal tax return? "If you've got the equivalent of a high school degree and you know how to do math, it's very simple," said Sara Thornton, a small business owner from East Granby, Conn.. "No, because I don't know that it is that difficult," said Alicia Brown of suburban Des Moines, Iowa. "

  • BOSTON/ NEW YORK, April 8- Iowa and North Carolina said they are looking into a breach involving a subsidiary of Experian Plc that exposed some 200 million social security numbers, in addition to two states that previously announced investigations.

  • Many 'Obamacare' critics accepted its subsidies Tuesday, 8 Apr 2014 | 4:07 PM ET

    Among the corporations is a familiar Democratic nemesis, Koch Industries, the giant conglomerate headed by the billionaire brothers Charles and David Koch. In a Senate chamber speech, Reid noted that Koch Industries benefited from a temporary provision of the health care law.

  • GOP lawmakers balk when spending cuts turn real Tuesday, 8 Apr 2014 | 4:01 PM ET

    Paul Ryan's budget for a fourth year in a row this week, they'll go on record again in favor of big spending cuts across a wide swath of programs, including Medicaid, food and farm aid and eliminating subsidies for Amtrak and airline flights to small cities. Easy in theory, hard in practice, "Ryan, the GOP's vice presidential nominee in 2012, says of some recent votes.

  • Survey shows drop in Iowa cropland value Tuesday, 8 Apr 2014 | 2:38 PM ET

    DUBUQUE, Iowa— A survey shows the value of Iowa cropland has dropped for the first time since 2009.. The survey from the Iowa Realtors Land Institute showed the value of tillable cropland fell by 5.4 percent in the past six months, according to the Dubuque Telegraph Herald.

  • US bacon prices rise after virus kills baby pigs Tuesday, 8 Apr 2014 | 1:28 PM ET

    A more conservative estimate from the U.S. Department of Agriculture shows the nation's pig herd has shrunk at least 3 percent to about 63 million pigs since the disease appeared. Already, prices have shot up: A pound of bacon averaged $5.46 in February, 13 percent more than a year ago, according to the U.S. Bureau of Labor Statistics.

  • For the fiscal year ended Sept. 30, the IRS said late last week that it paid whistleblowers $53.1 million, down from $125.4 million in 2012; $8 million in 2011; and $18.7 million in 2010.. The whistleblower program is aimed at encouraging people who know about tax evasion by companies or individuals to step forward and alert the IRS.

  • Ford recalls nearly 435,000 vehicles Monday, 7 Apr 2014 | 1:06 PM ET

    The SUVs were originally sold or registered in 20 states and Washington, D.C., where salt is used to clear snow and ice from roads. The Escapes covered by the recall were built from Oct. 22, 1999 through Dec. 19, 2003 at the Kansas City Assembly plant, and from May 1, 2003 through Jan. 23, 2004 at the Ohio Assembly plant, Ford said in a statement issued Monday.

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Wednesday, 16 Apr 2014 | 4:03 PM ET

Providing instant analysis to Google's quarterly numbers, with Victor Anthony, Topeka Capital Markets; Andrew Stoltmann of Stoltmann Law Offices; CNBC contributor Michael Yoshikami; "Fast Money" trader Tim Seymour; CNBC's Michelle Caruso-Cabrera and Dominic Chu.

Wednesday, 16 Apr 2014 | 12:35 PM ET

Intel CEO Brian Krzanich discusses some signs of stability in enterprise in the mature markets, and whether the emerging markets area steadying as well.

Wednesday, 16 Apr 2014 | 11:56 AM ET

Art Cashin, UBS director of floor operations, explains what played into yesterday's market reversal and tells what sectors are back in favor today.