GO
Loading...

Iowa

More

  • Jury orders Irish man to pay $2M over ethanol deal Friday, 21 Nov 2014 | 3:34 PM ET

    IOWA CITY, Iowa— A wealthy Irish investor must pay $2 million in damages to an Iowa doctor who was cut out of a major ethanol development in eastern Europe, a jury ruled Friday. Branimir Catipovic, a doctor at the Veterans Affairs hospital in Des Moines, proved his civil claim of unjust enrichment against Dublin entrepreneur Mark Turley, the federal jury in Sioux...

  • Survey suggests economy still slow in rural areas Friday, 21 Nov 2014 | 9:33 AM ET

    OMAHA, Neb.— The economic outlook for rural areas of 10 states in the Plains and the West improved in November, but the monthly survey of bankers doesn't suggest much growth. Creighton University economist Ernie Goss says low grain and energy prices continue to limit the economy in rural areas. Bankers from rural areas of Colorado, Illinois, Iowa, Kansas, Minnesota,...

  • WASHINGTON, Nov 21- Keith Higgins, who runs the office that reviews public companies' books at the U.S. Securities and Exchange Commission, reported stock holdings worth between about $2 million and $6 million last year and the sale of stocks throughout 2014, according to SEC disclosures viewed by Reuters. Since the beginning of the year, he has reported about 60...

  • Kozy Shack recalls some puddings over labeling Thursday, 20 Nov 2014 | 9:02 PM ET

    ARDEN HILLS, Minn.— Pudding maker Kozy Shack Enterprises is recalling some of its puddings because they are not labeled as containing milk. The product was distributed to 20 states— Connecticut, Florida, Georgia, Illinois, Iowa, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Virginia, West...

  • Branstad to kick off series of budget hearings Thursday, 20 Nov 2014 | 5:05 PM ET

    DES MOINES, Iowa— Iowa should exercise caution in drafting the next budget plan because revenue growth has slowed, a top budget adviser to Gov. Department of Management Director David Roederer said the slowdown in revenue growth was due in part to the falling corn and soybean prices paid to farmers. The governor will present his budget plan for the fiscal year...

  • Group calls on Hy-Vee stores to end tobacco sales Thursday, 20 Nov 2014 | 9:50 AM ET

    IOWA CITY, Iowa— Iowa's largest grocery store chain should stop selling tobacco products to demonstrate its oft-stated commitment to health and wellness, anti-smoking activists said Thursday. The Iowa Tobacco Prevention Alliance launched a campaign asking Hy-Vee, Inc. to ban products such as cigarettes, chewing tobacco and e-cigarettes at stores with...

  • Nov 19- U.S. Bank, sued by the government last year for allegedly aiding a massive fraud at brokerage Peregrine Financial, must face claims for nearly $36 million in restitution to Peregrine's victims, a federal judge in Iowa ruled. U.S. Bank, part of Minneapolis- based U.S. Bancorp, was sued last year by the U.S. Commodity Futures Trading Commission for allegedly...

  • Judge orders trial over US Bank's role in fraud Wednesday, 19 Nov 2014 | 1:12 PM ET

    IOWA CITY, Iowa— Jurors will decide whether U.S. Bank mishandled customer funds, enabling the founder of a collapsed Iowa- based brokerage to embezzle $215 million, a judge ruled Wednesday. He carried out the fraud by repeatedly falsifying U.S. Bank records to fool regulators into believing that Peregrine's customer account had more money than it did.

  • The White House last week announced Antonio Weiss, a top official at investment bank Lazard, as Obama's choice to be the Treasury's under secretary for domestic finance. An aide to Senator Dick Durbin, the No. 2 Senate Democrat, said the lawmaker opposes Weiss because of Lazard's work advising on recent high-profile inversions. Congress is only in session for a...

  • US Senate rejects Canada-Texas oil pipeline Tuesday, 18 Nov 2014 | 2:11 AM ET

    WASHINGTON— In a combustible blend of oil and politics, the Democratic-controlled Senate rejected legislation Tuesday night to force completion of the Keystone XL Pipeline. The 59-41 Senate vote was one short of the 60 needed to clear the House-passed measure, and marked a severe blow to embattled Sen. The vote was one of the last acts of this Senate controlled...

  • Syngenta faces dozens of lawsuits over GMO seed Monday, 17 Nov 2014 | 3:18 PM ET

    DES MOINES, Iowa— Agrochemicals giant Syngenta is facing a growing number of lawsuits challenging its release of a genetically modified corn seed that China had not approved for import, with losses to farmers estimated to be at least $1 billion. It's likely to be in Iowa or Illinois, according to Rick Paul, an attorney representing 13 farmers who filed suit in...

  • WASHINGTON, Nov 17- Supporters of the Keystone XL pipeline in the U.S. Senate scrambled on Monday to gather votes to pass a bill that authorizes the project to help send Canadian oil to the U.S. With her chamber stuck at 59 votes in favor of Keystone XL, Senator Mary Landrieu, a Louisiana Democrat, worked hard to gather one last vote needed to pass a bill that the House of...

  • WASHINGTON, Nov 17- Supporters of the Keystone XL pipeline in the U.S. Senate on Monday scrambled to gather votes to pass a bill that authorizes the project to help send Canadian oil to the U.S. With her chamber stuck at 59 votes for Keystone XL, Senator Mary Landrieu, a Louisiana Democrat, worked hard to gather one last vote needed to pass a bill that the House of...

  • CHICAGO, Nov 13- Farmland prices in the U.S. "The downturn in crop prices of the past two years finally extinguished the trend of rising farmland values that had prevailed in the District since the fourth quarter of 2009," the Federal Reserve Bank of Chicago said, reporting land prices fell 2 percent from the second quarter but were unchanged from a year ago.

  • CHICAGO, Nov 13- U.S. farmland prices in the central Corn Belt states eased slightly in the July-September quarter, but stayed steady on year-ago levels as values held up despite the downturn in grain prices that accelerated with this year's record harvest, the Federal Reserve Bank of Chicago said on Thursday. "Declines from a year ago in' good' agricultural land...

  • Christie faces Iowa pressure on pig crate ban Wednesday, 12 Nov 2014 | 6:04 PM ET

    But there are millions in the early presidential voting state of Iowa. But Christie's decision is being watched closely in Iowa, the nation's largest pork producer and home of 2016' s first presidential nominating contest. In particular, Christie has received pressure from Iowa Gov.

  • Conservatives threaten immigration showdown Wednesday, 12 Nov 2014 | 3:04 PM ET

    In the Senate, Jeff Sessions of Alabama and Mike Lee of Utah are among those arguing to use an upcoming must-pass spending bill— either in December or next year— to try to block Obama from taking unilateral action to protect millions of immigrants here illegally from deportation. "Congress appropriates the money," Sessions told reporters Wednesday.

  • Arbitrator reverses Workforce Development decision Wednesday, 12 Nov 2014 | 11:35 AM ET

    DES MOINES, Iowa— An arbitrator has ruled that Iowa Workforce Development Director Teresa Wahlert overstepped her bounds when she promoted a judge who had been demoted after complaints that she created a hostile work environment. The union filed a grievance in May 2013 on behalf of Marty Alexander, a state employee representing a group of IWD clerical workers.

  • Goodbye, snow days: Students study from home Wednesday, 12 Nov 2014 | 7:05 AM ET

    ST. PAUL, Minn.— She's no Grinch about it, but Lynn Grewing is the principal who stole snow days. The early arrival of wintry weather in the Midwest this week gave Grewing an opening to test out a virtual class day at St. Cloud Cathedral high school in central Minnesota, having students whip out laptops or iPads and work from home. The polar vortex got Grewing thinking...

  • Obama, Xi seek to downplay persistent tensions Wednesday, 12 Nov 2014 | 1:51 AM ET

    Obama gently pressed Xi on human rights and rejected rumors that the U.S. is fueling pro-democracy protests in Hong Kong, while the Chinese president repeatedly reminded his American guest that his nation wants to be seen as an equal to the United States. As he closed his first visit to China in six years, Obama said he and Xi have reached a "common understanding on...