Iowa early News Headlines: Friday, Feb. 1st, 2013

News

February 1st, 2013 by Ric Hanson

Here is the latest Iowa news from The Associated Press

DES MOINES, Iowa (AP) — Officials say cold temperatures and bitter wind chills are hitting most of Iowa early this morning. In Des Moines, the temperature was expected to hit 7 degrees below zero during overnight hours. Officials say it’s been almost two years since the temperature was this low.

DES MOINES, Iowa (AP) — State revenues in Iowa were up last year. The Iowa Legislative Services Agency reported yesterday that tax receipts in December totaled about $625 million, an increase of about $37 million when compared to December 2011. That’s up by 6.3 percent. The agency says several factors contributed to the increase, including individual income taxes being up by more than $200 million. Corporate income taxes also were up about $159 million.

DES MOINES, Iowa (AP) — Iowa has been awarded $1.1 million as part of a national settlement involving improper foreclosure conduct by a mortgage processing company. Attorney General Tom Miller announced yesterday that Iowa is one of dozens of states that will receive some of the $121 million settlement from Lender Processing Services and its subsidiaries. The company will be required to reform its business practices under the settlement.

IOWA CITY, Iowa (AP) — Aaron White had a career-high 27 points and Iowa beat Penn State 76-67 last night in Iowa City. Melsahn Basabe had 10 points and 10 rebounds in his first start of the season for the Hawkeyes, who hit 31 free throws in 39 tries.