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Top News & Analysis Iowa

  • However, Friday saw a 1.5 percent bounce helped by assurances by Saudi Arabia that Russia is ready to join OPEC in extending supply cuts to reduce a persistent glut. Doubts that the OPEC- led supply cut of the past few months are deep enough to draw down bloated storage levels around the world are also weighing on prices. U.S. crude stockpiles fell less than expected...

  • NEW YORK, May 3- Aetna Inc will exit the Obamacare individual insurance market in Virginia and will not offer these plans on or off the online exchange created by the Affordable Care Act, the company said on Wednesday. Virginia's Department of Insurance has a May 3 deadline for insurers to submit premium rates for 2018.. The company said last month that it would...

  • WASHINGTON, May 2- President Donald Trump's nominee for ambassador to China promised on Tuesday to take a firm line with Beijing on issues from North Korea to trade disputes and human rights, and seemed poised for an easy confirmation by the U.S. Senate. Iowa Governor Terry Branstad said he would use his decades of experience with China to press Beijing to do more...

  • WASHINGTON, May 2- President Donald Trump's nominee for ambassador to China promised on Tuesday to take a firm line with Beijing on issues from North Korea to trade disputes and human rights, and seemed poised for an easy confirmation by the U.S. Senate. Iowa Governor Terry Branstad said he would use his decades of experience with China to press Beijing to do more...

  • WASHINGTON, May 2- President Donald Trump's nominee to be the U.S. ambassador to China said on Tuesday he would do everything possible to address what he called China's "unfair and illegal" sales of underpriced steel in the world market. "I want to do everything I can to make sure that we stop the unfair and illegal activities that we've seen from China in the steel...

  • *Q1 adj earnings $2.71/ shr vs est $2.37/ shr. *Increases FY 2017 adj forecast to $8.80- $9.00/ shr. Aetna, which walked away from its $34 billion deal for Humana Inc after it was blocked, also raised its forecast for full-year 2017 adjusted earnings to $8.80 to $9.00 per share.

  • *Q1 adj earnings $2.71/ shr vs est $2.37/ shr. *Increases FY 2017 adj forecast to $8.80- $9.00/ shr. Aetna, which walked away from its $34 billion deal for Humana Inc after it was blocked, also raised its forecast for full-year 2017 adjusted earnings to $8.80 to $9.00 per share.

  • The No. 3 U.S. health insurer said its net loss was $381 million, or $1.11 per share, in the first quarter ended March 31, compared with a profit of $737 million, or $2.08 per share, a year earlier. Excluding items, Aetna earned $2.71 per share, smashing past analysts' average estimate of $2.37, according to Thomson Reuters I/B/E/S. Aetna, which walked away from its $34...

  • Prescription bottles

    Nursing homes in the U.S. routinely dispose of leftover meds that could benefit other Americans with limited health care, ProPublica reports.

  • WASHINGTON, April 27- President Donald Trump downplayed the severity of a potential government shutdown on Thursday, just two days shy of a deadline for Congress to reach a spending deal to avert temporary layoffs of federal workers. Congress has until 12:01 a.m. ET on Saturday to pass a bill to fund the government or face a shutdown, which would temporarily lay...

  • WASHINGTON, April 27- President Donald Trump downplayed the severity of a potential government shutdown on Thursday, just two days shy of a deadline for Congress to reach a spending deal to avert temporary layoffs of federal workers. Congress has until 12:01 a.m. ET on Saturday to pass a bill to fund the government or face a shutdown, which would temporarily lay...

  • LONDON, April 27- Chicago corn futures edged higher on Thursday, recouping some of the previous session's losses, as the market kept a close watch on planting delays in the U.S. and the future of the North American Free Trade Agreement. The Chicago Board Of Trade's most active corn contract rose 0.3 percent to $3.67-3/ 4 a bushel by 1120 GMT, having closed 1.3 percent...

  • NEW YORK, April 25- More than a dozen state prosecutors urged President Donald Trump in a letter on Tuesday not to withdraw from the Paris Climate Agreement, which commits the United States, along with 200 other countries, to reducing its greenhouse gas emissions in an attempt to slow global warming. In an April 14 appearance on television show "Fox& Friends," Scott...

  • CHICAGO, April 21- A fungus that causes vomitoxin has been found in some U.S. corn harvested last year, forcing poultry and pork farmers to test their grain, and giving headaches to grain growers already wrestling with massive supplies and low prices. A vessel carrying a shipment of corn from Paraguay is due next month at a North Carolina port used by Smithfield...

  • April 21- Rockwell Collins Inc's second-quarter revenue beat analysts' estimates and the aircraft components maker raised its full-year revenue forecast to reflect the impact of its recently closed acquisition of aircraft interiors maker B/E Aerospace. The company closed the B/E Aerospace acquisition last week and said at the time it would try to sell...

  • April 18- A Republican senator said on Tuesday he had written to the U.S. Department of Health and Human Services raising questions about reports of "troubling conduct" by psychiatric hospital operator Universal Health Services Inc. The inquiry, by Iowa Senator Chuck Grassley, raises concerns about reports by BuzzFeed News of low nurse staffing, medication...

  • SINGAPORE, April 17- Chicago soybean futures climbed to their highest in more than two weeks on Monday, rising for a third consecutive session as forecasts of heavy rains in parts of the U.S. The Chicago Board of Trade most-active soybean contract climbed as high as $9.62 a bushel, the highest since March 31. It was trading up 0.2 percent at $9.57 a bushel by 0330 GMT.

  • SINGAPORE, April 17- Chicago soybean futures climbed to their highest in more than two weeks on Monday while corn rose for a third consecutive session as forecasts of heavy rains in parts of the U.S. *The U.S. Department of Agriculture said the U.S. corn crop was 3 percent seeded by April 9, matching the five-year average. Planting had not begun by April 9 in Iowa, the top...

  • April 16- China's Anbang Insurance Group will let its agreement to acquire U.S. annuities and life insurer Fidelity& Guaranty Life for $1.6 billion lapse, after failing to secure all the necessary regulatory approvals, people familiar with the matter said on Sunday. While Anbang's FGL acquisition had received clearance from the Committee on Foreign...

  • April 13- Last year, the Henry County Health Center in Iowa started providing patients with a cost estimate along with pre-surgery medical advice. Henry County is one of hundreds of U.S. hospitals trying to cope with an unexpected consequence of the Affordable Care Act of 2010, known as Obamacare: millions more Americans have health insurance, but it requires...