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Iowa

  • Railroad says it's committed to hauling fertilizer Friday, 18 Apr 2014 | 3:09 PM ET

    BISMARCK, N.D.— Canadian Pacific Railway told a federal oversight board Friday that moving fertilizer for spring planting does not present a "significant challenge" for the railroad.

  • Officials announce plan for Microsoft data center Friday, 18 Apr 2014 | 1:23 PM ET

    WEST DES MOINES, Iowa— Microsoft will begin construction on a new data center in West Des Moines, state and local officials announced Friday, bringing the company's total investment in Iowa to nearly $2 billion, the largest in the state to date.

  • USDA orders farms to report pig virus infections Friday, 18 Apr 2014 | 11:38 AM ET

    Porcine epidemic diarrhea has killed millions of pigs in 27 states since showing up in the U.S. last May, with Illinois, Iowa, Minnesota and North Carolina being hit hardest. Previously, the USDA and the nation's pork industry tracked PED with voluntary reports from the labs.

  • Iowa's unemployment rate climbs to 4.5 percent Friday, 18 Apr 2014 | 10:52 AM ET

    DES MOINES, Iowa— Iowa's unemployment rate climbed to 4.5 percent in March as more people entered the labor force. Iowa Workforce Development announced Friday the rate was up from 4.4 percent in February. Iowa's rate compares to a national unemployment rate of 6.7 percent.

  • Budget office: Wage boost would cost firms $15B Thursday, 17 Apr 2014 | 1:55 PM ET

    WASHINGTON— A Senate Democratic bill gradually increasing the federal minimum wage to $10.10 hourly would require private businesses to spend $15 billion more in salaries when it takes full effect in 2017, the Congressional Budget Office estimated Thursday.

  • Overall index up in rural Midwest banker survey Thursday, 17 Apr 2014 | 12:00 PM ET

    OMAHA, Neb.— The overall index for an economic survey of bankers in 10 Midwestern and Plains states has risen for a second consecutive month, suggesting more growth in the months ahead.

  • How states fared on unemployment benefit claims Thursday, 17 Apr 2014 | 9:37 AM ET

    WASHINGTON— Applications for U.S. unemployment benefits increased slightly last week to a seasonally adjusted 304,000. The four-week average for claims dipped to its lowest level since October 2007, two months before the Great Recession began. California: Down 13,982, due to fewer layoffs in services. Iowa: Down 1,266, due to fewer layoffs in manufacturing.

  • 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. "

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