Another executive is leaving Sprint. The company has seen several key leaders exit since it was acquired last SoftBank.» Read More
CHICAGO, Jan 6- U.S. grain futures rose on Monday as bitterly cold temperatures threatened to damage dormant wheat crops in the United States and a heatwave put Argentina's corn harvest at risk.
NEW YORK, Jan 6- A blast of Arctic air gripped the mid-section of the United States on Monday, bringing the coldest temperatures in two decades, forcing businesses and schools to close and causing widespread airline delays and hazardous driving conditions.
Low temperatures on Monday morning were expected to hit 5 to 15 degrees Fahrenheit below zero in parts of Kansas and Nebraska, cold enough to destroy some crops through winterkill.
Rains in Argentina expected to bolster corn, soy crops. Corn and wheat also fell at the Chicago Board of Trade, with wheat setting life-of-contract lows. Soybeans declined as rains fell in parts of Argentina, where soy and corn crops have been in need of moisture.
*Rains in Argentina expected to bolster corn, soy crops. Corn firmed on short covering and spreading against soybeans but wheat sagged under the weight of plentiful global supplies, with values on the Chicago Board of Trade setting life-of-contract lows. Soybeans declined as rains fell in parts of Argentina, where soy and corn crops have been in need of moisture.
Friday's $133 to $136 price paid by beef packers surpassed the previous record of mostly $132 in late October, according to analysts and economists. Monthly retail price data showed beef last month at a record $5.41 per lb, surpassing the October record of $5.36, according to the USDA's Economic Research Service.
Dec 26- Cargill Ltd's 1/ 8 CARGIL. UL 3/ 8 beef packing plant in Dodge City, Kansas, which was idled by fire on Monday, is expected to return to normal operations as early as Saturday, a company spokesman said in an e-mail. Cleanup is being conducted at the plant on Thursday, Cargill spokesman Michael Martin said.
Dec 24- Cargill Inc's beef packing plant near Dodge City, Kansas, is expected to be closed until next week as damage is assessed from a minor fire that broke out Monday evening, a company official told Reuters. Mark Elder with the Dodge City Fire Department told local media that the fire started around 9:00 p.m. Monday evening in the kill floor area.
Dec 23- Trucking company YRC Worldwide Inc said it reached an agreement with some shareholders and institutional investors to reduce its debt by about $300 million.
News that computer hackers may have stolen data from some 40 million Target-issued credit and debit cards used in stores from November 27 until December 15 shook up customers shopping the store aisles. At a Target store in Mission, Kansas, shopper John Hallock said he was reluctant to use credit cards because of security concerns.
WASHINGTON, Dec 18- Even as a touch of bipartisan bonhomie settles over Washington with the passage of a budget compromise, conservatives in Congress are planning their next attempt to rein in government spending when the U.S. bumps up against its borrowing limit in the spring.
WASHINGTON, Dec 18- Even as a touch of bipartisan bonhomie settles over Washington with the pending passage of a budget compromise, conservatives in Congress are planning their next attempt to rein in government spending when the U.S. bumps up against its borrowing limit in the spring.
LONDON, Dec 18- President Barack Obama has sufficient authority to lift the ban on U.S. oil exports on his own and does not need approval from Congress.
The company, which is the second largest theater group in the United States behind Regal Entertainment Group, raised about $331 million in the offering, valuing the company at $1.71 billion. AMC is controlled by Beijing- based Dalian Wanda Group, which is headed by Wang Jianlin, the richest man in China according to Forbes.
DETROIT, Dec 16- Every Wednesday, Ford Motor Co's top executives gather before sunrise to work through some of the company's most vexing problems. Mulally, 68, is a top contender to lead Microsoft Corp, according to sources familiar with the software company.
Besides 267 acres it had planned to lease from the Charleston County Aviation Authority, Boeing added another 201 acres that had been privately owned, spokeswoman Candy Eslinger said. Boeing did not say what it plans to build on the land, which is near its 787 Dreamliner final assembly plant in North Charleston.
After a two-year investigation, a executive working for a Chinese conglomerate was arrested on charges of stealing inbred corn seed from production fields in Iowa and Illinois and trying to smuggle it into China, U.S.
After a two-year investigation, a man working for a Chinese conglomerate was arrested on charges of stealing inbred corn seed from production fields in Iowa and Illinois and trying to smuggle it into China, U.S.
Dec 11- Boeing's Seattle- area machinists union made a preliminary proposal for a contract that would allow the new 777 X jetliner to be built in Washington state, where the current 777 is built.
WASHINGTON, Dec 11- Republicans in the U.S. House of Representatives on Wednesday were falling in line behind a bipartisan two-year budget deal, indicating that the normally rambunctious group of lawmakers is not spoiling for a year-end fiscal fight.