Porcine epidemic diarrhea has killed millions of pigs in 27 states since showing up in the U.S. last May» Read More
WEST, Texas— Families of the 15 people killed in a massive explosion at a Texas fertilizer plant have spent the year since the blast navigating the difficult balance between moving forward and digging for answers from the past.
*Corn dips on forecasts for improved U.S. planting weather. "It has been an exciting week thus far for soybeans, and for the old-crop new-crop spreads in particular," Matt Zeller, director of market information at INTL FCStone said in a note to clients.
CHICAGO— Grain futures were mostly higher Wednesday in early trading on the Chicago Board of Trade. Wheat for May delivery was unchanged at 7.0175 a bushel; May corn was 3.50 cents lower at 5.0025 a bushel; May oats were unchanged at 3.99 a bushel; while May soybeans was 7.25 cents higher at 15.0850 a bushel.
CSX Corp. stock declined more than 3 percent to $27.36 in afternoon trading Wednesday. Ward said the Chicago area's cold, snowy winter was especially problematic because all the major freight railroads connect in Chicago and commuter trains use some of the same rails. There is already a long-term plan in place to improve rail traffic through Chicago.
*Wheat firm on U.S. frost, Ukraine crisis. HAMBURG/ SYDNEY, April 16- Soybean futures rose on Wednesday to touch their highest level since July 2013 after large U.S. soybean crushing figures raised expectations for tighter supplies. Plains, coupled with worry the political crisis in Ukraine will disrupt Black Sea grain exports.
NEW YORK— Former New York Mayor Michael Bloomberg announced Wednesday that he plans to spend $50 million this year on a new group that will mix campaign contributions with field operations aimed at pulling 1 million gun-control supporters to the polls, adding a new dimension to his long-running fight for tighter firearms regulation.
BEIJING— Since Malaysia Airlines Flight 370 went missing, some lawyers have claimed they can get several millions of dollars in damages for each lost passenger by taking the cases to the United States.
NEW YORK/ CHICAGO, April 16- Just over a week ago, CME Group Inc suffered the worst-ever trading outage on the world's most important agricultural markets, plunging electronic screens into darkness and sending dozens of traders scrambling for Chicago's famous but now often deserted trading "pits".
NEW YORK, April 16- Predicting when the bear market in biotech stocks will hit bottom is a hazardous prospect, but one gauge that factors in the rapid profit growth estimates for many of these companies suggests several are starting to look attractive.
District Court judge on Tuesday stopped Massachusetts from implementing a ban on the sale of Zogenix Inc's prescription painkiller Zohydro, saying federal law superseded the state's action.
SAN FRANCISCO— A trade group for wireless providers said Tuesday that that nation's biggest mobile device manufacturers and carriers will soon put anti-theft tools on the gadgets to try to deter rampant smartphone theft.
District Court judge on Tuesday stopped Massachusetts from implementing a ban on the sale of Zogenix Inc's prescription painkiller Zohydro, saying federal law superceded the state's action.
April 15- Detroit reached its first deal with a retired workers group on Tuesday over pension and healthcare benefits and was close to a deal with at least one of its pension funds, giving a major boost to the city's plan to exit bankruptcy in October.
DETROIT— As General Motors shows off its newest cars and trucks in New York this week, analysts are watching for signs that consumers are shying away from the ones sitting on dealer lots.
ST. LOUIS— Most years about this time, northern Illinois farmer Monty Whipple, like so many Midwest growers, would be riding high in his monstrous planter, kicking up dust while sowing corn in hundreds of acres. Farmers in other key corn-producing states— Iowa, Nebraska and Indiana— were equally idle, the USDA says.
*Concerns about Ukraine unrest buoy wheat futures. Wheat futures gained 3.4 percent, surging through the $7- a-bushel level, on fears that escalating political tensions in Ukraine would disrupt shipments of the grain from the key exporter. "The market last week was compressed on the China default news," said Dan Cekander, grains analyst with Newedge USA.
*Silver falls more than 3 pct to lowest since Feb. 4. NEW YORK/ LONDON, April 15- Gold tumbled about 2 percent on Tuesday, hit by heavy stop-loss orders placed by momentum traders as prices broke below the key 200- day moving average.
NEW YORK— The groundbreaking song-and-dance show "Soul Train" is chugging toward Broadway.
April 15- Detroit reached its first deal with a retired workers group on Tuesday over pension and healthcare benefits and was close to a deal with its two pension funds, giving a major boost to the city's plan to exit bankruptcy in October.
*Concerns about Ukraine unrest buoy wheat futures. Wheat futures gained 2.3 percent, supported by concerns escalating political tensions in Ukraine would disrupt shipments of the grain from the key exporter. "The market last week was compressed on the China default news," said Dan Cekander, grains analyst with Newedge USA.