Tuesday Morning Iowa Headlines

News

July 10th, 2012 by Doug Evans

CHICAGO (AP) – A regulatory group has ordered accounts frozen at Iowa-based brokerage Peregrine Financial Group and says it hasn’t been able to account for $220 million in customer funds. The National Futures Association says PFG couldn’t demonstrate it meets capital requirements and rules that require it to segregate customer funds.
 
DES MOINES, Iowa (AP) – The hot and dry weather is taking a toll on Iowa crops, with the condition of corn and soybeans continuing to decline. The U.S. Department of Agriculture says in its weekly report that only 46 percent of the corn is in good to excellent shape. A week ago, it was 62 percent. 
 
 MANCHESTER, Iowa (AP) – Authorities have made another arrest in the killing of a Manchester couple. Manchester police arrested 21-year-old Brandon Ahlers yesterday on charges of aiding and abetting first-degree murder.  Richard and Janet Sweet were found fatally shot in their home. Their grandson, 17-year-old Isaiah Sweet, is charged as an adult with two counts of first-degree murder.
 
 ST. PAUL, Minn. (AP) – The Cass-Clay Creamery of Fargo, N.D., is voluntarily recalling some brands of peppermint bon bon-flavored ice cream because they may contain eggs that aren’t listed on the label. The products were distributed in Minnesota, Iowa, North Dakota and Wisconsin.

–AP