Fund managers and traders have chased hog prices to record highs on fear of a deadly pig virus. But a market reversal could be possible.» Read More
Wall Street analysts had estimated a potential market of $3 billion for the devices made by Medtronic Inc, Boston Scientific Corp and St Jude Medical Inc. But failure of the high-stakes clinical trial set off a heated debate between doctors who believe the approach is worth saving and those who say results show it provides no clear benefit.
WASHINGTON, April 9- The U.S. Senate Judiciary Committee's chairman on Wednesday urged Comcast Corp to extend its commitment to Internet neutrality beyond 2018 as the cable company's executive reassured lawmakers the proposed merger with Time Warner Cable Inc would not hurt consumers.
TORONTO— An employee of a human resources company stabbed his superiors while being fired at a Toronto office building, police said Wednesday. Chuang Li, 47, faces three counts of attempted murder and four counts of aggravated assault with a knife.
ST. PAUL, Minn.— Minnesota's legislative auditor said Wednesday he plans to conduct a thorough, independent review of the troubled launch of Minnesota's health insurance exchange. Michelle Benson and Sean Nienow and Reps.
WASHINGTON, April 9- Executives from Comcast Corp and Time Warner Cable Inc are expected to defend their plan to merge as they go before the Senate Judiciary Committee on Wednesday, the first hearing since the $45.2- billion deal was announced in February.
WASHINGTON— How is it that a few doctors take in millions of dollars from Medicare?
ROCHESTER, Minn./ PHILADELPHIA, April 8- The Federal Reserve needs to be more specific about what economic conditions would prompt it to raise interest rates from current rock-bottom levels, a pair of top Fed officials normally at loggerheads on policy said on Tuesday.
NEW YORK— Target is upping the game on organic and sustainable products. The products, which are being produced by such names as Chobani, Method and Seventh Generation, will range in price from $1.99 to $24.99, and will span across baby, beauty, grocery, health care and household items.
A more conservative estimate from the U.S. Department of Agriculture shows the nation's pig herd has shrunk at least 3 percent to about 63 million pigs since the disease appeared. Already, prices have shot up: A pound of bacon averaged $5.46 in February, 13 percent more than a year ago, according to the U.S. Bureau of Labor Statistics.
NEW YORK— Agribusiness conglomerate Cargill said Tuesday its net income dropped 28 percent in the fiscal third quarter because of increased electricity prices and other problems. The Minneapolis company said its net income fell to $319 million and revenue held steady at $32 billion.
INDIANAPOLIS— In an April 7 story about ice on the Great Lakes interfering with steel production, The Associated Press reported erroneously that production at U.S. Crews work to clear Great Lakes shipping pathways.
WASHINGTON, April 7- Four U.S. lawmakers launched a bill on Monday to rewrite the rules of of the Commodity Futures Trading Commission, giving more leeway to smaller players in the derivative markets it oversees.
WASHINGTON, April 7- U.S. lawmakers on Monday launched a bill to rewrite the Commodity Futures Trading Commission's procedures and give more leeway to smaller players in the futures and swaps markets that the agency regulates.
INDIANAPOLIS— U.S. and Canadian Coast Guard crews kept up their battle Monday to clear pathways for vessels hauling vital raw materials on the ice-clogged Great Lakes, where a shipping logjam forced a weeklong shutdown of the nation's largest steel factory.
The SUVs were originally sold or registered in 20 states and Washington, D.C., where salt is used to clear snow and ice from roads. The Escapes covered by the recall were built from Oct. 22, 1999 through Dec. 19, 2003 at the Kansas City Assembly plant, and from May 1, 2003 through Jan. 23, 2004 at the Ohio Assembly plant, Ford said in a statement issued Monday.
Steel has temporarily halted steelmaking at its massive northwestern Indiana mill because the ice-covered Great Lakes have cut off its access to vital iron ore and other raw materials.
From his vantage point on a wide expanse of South Dakota prairie, rancher Jim Faulstich hopes the legislation spurs more farmers to protect the natural resources on their land. Faulstich and his son-in-law manage about 8,000 acres near Highmore in central South Dakota, most of it restored and native grasslands on which they graze cows.
SAN FRANCISCO— Samsung Electronics will add two safeguards to its latest smartphone in an effort to deter rampant theft of the mobile devices nationwide, the company said Friday.
NEW YORK, April 4- A year after ConAgra Foods Inc won the dismissal of a lawsuit claiming that its Hebrew National hot dogs were not kosher, a higher authority has given the case new life. Instead, the 8th U.S. Circuit Court of Appeals found simply that the case did not belong in federal court, and returned it to the Dakota County, Minnesota state court where it began.
April 4- The U.S. Judicial Panel on Multidistrict Litigation ordered that the many lawsuits that accuse Target Corp of failing to protect customers from a data breach will be consolidated in the retailer's home state Minnesota. District Judge Paul Magnuson in Minnesota.