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Top News & Analysis Iowa

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  • Leaders with the AFL-CIO, an umbrella group for 56 member unions representing more than 12.5 million workers, will press her on issues such as trade, infrastructure and the types of officials she would name to the Federal Reserve's Board of Governors. During its gathering in Silver Spring, Maryland, on July 29-30, the AFL-CIO's executive council will also have...

  • *Informa cuts U.S. soybean harvest estimate due to rains. "The market is still respectful that we have some wet areas and some very wet areas in south," said Don Roose, president of brokerage U.S. Commodities in Iowa. Chicago Board Of Trade August soybeans were up 0.3 percent at $9.95 at 12:55 p.m. CDT.

  • July 8- JPMorgan Chase& Co will pay $136 million and reform its credit card collection practices as part of a joint state-federal settlement, U.S. state attorneys general and the Consumer Financial Protection Bureau said on Wednesday. It will also pay at least $50 million in consumer refunds and $30 million to the Office of the Comptroller of the Currency in a...

  • The USDA is aiming to assign one person to communicate with each infected farm during the entire time the facility is affected by the deadly virus, John Clifford, the chief U.S. veterinary officer, said at a U.S. Senate Agriculture Committee hearing on Tuesday. Currently, a USDA representative deals with an infected farm for a period of about three to four weeks as...

  • Governor Alejandro Garcia Padilla of Puerto Rico dropped a bombshell on debt holders a week ago by saying he wanted to restructure debt and postpone bond payments. He urged changes to U.S. bankruptcy laws that currently exclude Puerto Rico. Like U.S. states, Puerto Rico cannot file for bankruptcy protection.

  • SAN FRANCISCO, July 7- Facebook Inc announced plans on Tuesday to build a new data center in Fort Worth, Texas, its fourth in the United States and fifth overall. The center will also be powered entirely by renewable energy, Tom Furlong, Facebook's vice president of infrastructure, wrote in a blog post. Facebook opened its first data center in Prineville, Oregon, in...

  • Wild birds that spread the virus will very likely carry it when they begin migrating south in the fall, John Clifford, the USDA's chief veterinary officer, said in remarks prepared for a U.S. Senate Agriculture Committee hearing on Tuesday. Clifford testified before the Senate committee after U.S. lawmakers from Iowa criticized the USDA for taking too long to...

  • Facebook to build new data center in Forth Worth Tuesday, 7 Jul 2015 | 1:55 PM ET

    SAN FRANCISCO, July 7- Facebook Inc announced plans on Tuesday to build a new data center in Fort Worth, Texas, its fourth in the United States and fifth overall. The center will also be powered entirely by renewable energy, Tom Furlong, Facebook's vice president of infrastructure, wrote in a blog post. Facebook opened its first data center in Prineville, Oregon, in...

  • GRAINS-Soy hits 1-week low on global economic concerns Tuesday, 7 Jul 2015 | 12:18 PM ET

    CHICAGO, July 7- U.S. soybean futures touched a one-week low on Tuesday and grain futures slipped as a wave of concern about the global economy dragged down commodities and equities. "When you throw in the uncertainty that Greece is creating with the European economy and the collapse of the Chinese market, fund managers are going to sell commodities," said Arlan...

  • He also urged Washington to make changes to U.S. bankruptcy laws to include Puerto Rico. Like U.S. states, Puerto Rico, a commonwealth, cannot file for bankruptcy protection. "As a first step, Congress should provide Puerto Rico the same authority that states already have to enable severely distressed government entities, including municipalities and public...

  • Puerto Rico's non-voting delegate in the U.S. Congress has called for legislation that would allow Puerto Rico to access the same bankruptcy laws available to other municipalities, as has Puerto Rico's Governor Alejandro Garcia Padilla. "Congress and the Obama administration need to partner with Puerto Rico by providing real support and tools so that...

  • NEW YORK, July 6- Aetna Inc's chief executive said Monday he was confident an antitrust review of the health insurer's proposed purchase of smaller rival Humana Inc would allow the deal to close in the second half of 2016, seeking to allay investor concerns. Mark Bertolini said Aetna had already prepared for possible divestitures to address overlaps with...

  • July 3- Health insurer Aetna Inc said it would buy smaller rival Humana Inc for about $37 billion in cash and stock, in the largest ever deal in the insurance industry. The combination will push Aetna close to Anthem Inc's No.2 insurer spot by membership, and would nearly triple Aetna's Medicare Advantage business. Antitrust authorities, who were aggressive in...

  • July 2- U.S health insurer Aetna Inc is nearing an agreement to buy rival Humana Inc for about $34 billion in a cash and stock deal, people familiar with the matter told Reuters on Thursday. One person said Aetna's offer would value Humana at about $230 per share and that a deal could be announced as early as Friday. A $230 per share offer would be at a premium of nearly...

  • SAO PAULO, July 1- JBS SA, the world's largest meatpacker, said on Wednesday its U.S. division would purchase pork assets from Cargill meat solutions for $1.45 billion, free of debt. The announcement follows a deal announced by Brazil- based JBS on June 21 to purchase Moy Park Ltd, the British unit of rival Marfrig Global Foods SA. The Cargill pork purchase includes two...

  • JBS USA Pork to buy Cargill pork business for $1.45 bln Wednesday, 1 Jul 2015 | 4:48 PM ET

    July 1- Cargill Inc said JBS USA Pork would buy its U.S.-based pork business for $1.45 billion. The acquisition includes two meat processing plants in Iowa and Illnois. JBS USA is a unit of Brazil- based meat processing company JBS S.A..

  • *Wheat up as rain could impede U.S. harvest. Wheat rose on fears that storms could prevent the U.S. crop being gathered just as thousands of harvesters are rolling onto fields. Chicago Board of Trade July corn was up 1.06 percent at $3.80-1/ 4 a bushel at 0951 GMT after touching a session peak of $3.80-3/ 4, the highest since April 23.

  • June 25- The U.S. turkey slaughter in May tumbled 12 percent from the prior month, government data on Thursday showed, as the country's worst-ever case of bird flu decimated flocks in top producer Minnesota and surrounding states. More than 7.7 million turkeys have been killed by highly pathogenic avian influenza or culled to control its spread since December,...

  • America's top 10 states for business in 2015 Wednesday, 24 Jun 2015 | 4:30 PM ET
    Minneapolis, Minnesota.

    Here are the states that get the highest marks for access to capital, skilled labor and the best incentives for businesses of all sizes.

  • Why Google is betting $1 billion on Iowa business Wednesday, 24 Jun 2015 | 7:07 AM ET
    Iowa Gov. Terry Branstad

    Need proof Iowa is a top state for business? Google, DuPont Pioneer, Rockwell Collins and The Principal Group, continue to invest here.