Tulip Festival Opens, Iowa Lawsuit Against Opioid Maker, 4:32
Iowa is joining four other states in suing a drug company and its former president over actions related to the marketing of the drug OxyContin. Attorney General Tom Miller announced today that Iowa had filed a lawsuit against Purdue Pharma and Richard Sackler, the company's former president and chairman. The suit claims Purdue engaged in unfair, deceptive and unlawful practices in how it marketed OxyContin, helping to cause a national opioid crisis. The company denied the allegations.
Rural bankers are slightly less confident about the rural economy than they were last month. That’s according to The Rural Mainstreet survey for May. The survey's confidence index, is at its lowest level in almost two years.
The report released today shows the survey's overall index dropping from 50 in April to 48.5 this month. Any score above 50 suggests a growing economy, while a score below 50 indicates a shrinking economy. Tariffs are likely to blame for the drop.
The 79th annual Tulip Festival is underway in Orange City, Iowa.
The community showcases Dutch Heritage with a parade, food, authentic costumes and of course the tulips. And, this year wasn’t the best for growing the town’s favorite flower.
4:12 “Unexpectedly doing well because of the weather we have had. In the last few days, we have had good weather so they are opening up and have good color.”
That’s the owner of the Tulip Town Bulb Company, Keri Drescher.
She estimates there are 100,000 tulips in Orange City. Some still haven’t bloomed yet but could within the next two days.