The Department of Agriculture has found unapproved, genetically modified wheat on an Oregon farm, reports CNBC's Hampton Pearson.» Read More
*U.S. still searching for source of biotech wheat in Oregon. WASHINGTON, June 19- An executive with Monsanto Co and two other pioneers in agricultural biotechnology said their selection as winners of the $250,000 World Food Prize on Wednesday should encourage the wider use of genetically engineered crops.
On Monday, home improvement retailer Lowe's Cos. said that it plans to expand its California operations by acquiring Orchard Supply for about $205 million in cash. Since Orchard Supply filed for bankruptcy protection, Lowe's offer will become the "stalking horse" bid for an auction of Orchard's assets.
SALEM, Ore.-- Oregon's public universities and community colleges will be among the first in line to get more money if a so-far-elusive budget compromise results in more revenue and lower employee pension costs.
SALEM, Ore.-- The Oregon House passed a bill Tuesday that would set up a public database to track 19 toxic chemicals used in children's toys and products and would require manufactures to remove the chemicals from their products within five years. The bill now heads to the Senate. Alissa Keny-Guyer, the bill's chief sponsor and a Portland Democrat.
SEATTLE-- An official with the Army Corps of Engineers told a Congressional committee Tuesday that the agency doesn't plan a broad environmental study on exporting coal from the Western United States.
NEW YORK, June 19- For some people, overspending might mean ordering the lobster or splurging on an extra pair of shoes at Macy's. The Portland, Oregon, author woke up one day and decided to go on a trip to China. Along the way, she blew through around $10,000.
PORTLAND, Ore.-- Some University of Oregon fans say it's getting crowded in the bleachers. University spokeswoman Julie Brown says there have been "a few complaints" about extra-wide cushions taking up too much space at venues with bench-style seating, such as Autzen Stadium and Hayward Field.
SALEM, Ore.-- The unemployment rate in Oregon has dipped below 8 percent for the first time since the nation fell sharply into the Great Recession in the fall of 2008.. The Oregon Employment Department said Tuesday the state unemployment rate was 7.8 percent in May and, after a revision, 7.9 percent in April.
NEW YORK-- Shares of Flir Systems Inc. rose Tuesday on optimism that the company's commercial business is poised for growth. THE SPARK: Raymond James analyst Brian Gesuale boosted his rating for Flir to "Strong Buy" from "Market Perform," predicting that the company's overall sales volumes could double by 2015..
NEW YORK, June 17- Brent crude oil futures touched a 10- week high close to $107 a barrel on Monday as tensions in the Middle East rose, but prices finished slightly lower on the day after a late sell-off in U.S. gasoline futures. Brent's premium over U.S. crude ended at $7.70, on the narrow end of the $7.50 to $10 range in which it has traded since early May.
*Japan says no change in stance on U.S. wheat. SEOUL/ TOKYO, June 17- Asian wheat buyers remain concerned U.S. imports could be tainted with genetically modified wheat even as U.S. government findings showed the discovery of an unapproved GMO strain in Oregon appeared to be an isolated incident.
NEW YORK-- Weyerhaeuser Co., one of the world's largest lumber companies, said Sunday that its board has named Doyle Simons as its new CEO, effective Aug.1. The company also said that it signed a deal to buy Longview Timber LLC. for $2.65 billion from Brookfield Asset Management.
NEW YORK-- Weyerhaeuser Co., one of the world's largest lumber companies, said Sunday that its board has named Doyle Simon as its new CEO, effective Aug.1. The company also said that it signed a deal to buy Longview Timber LLC. for $2.65 billion from Brookfield Asset Management.
While it does not have the power to block development, NEPA forces officials to consider the environment before approving federal projects, and the White House has proposed that climate change should rank high among those concerns.
NEW YORK, June 14- Stock investors eager to hear from the Federal Reserve about its plans for continuing economic stimulus may get some soothing words from the U.S. central bank next week.
Investigators are interviewing "approximately 200 area growers," said USDA. USDA said it gave skittish trading partners a test method on Thursday to identify the wheat, developed years ago by Monsanto Co, which is not approved for cultivation anywhere in the world.
WASHINGTON, June 14- The unapproved genetically modified wheat that was discovered sprouting in Oregon appears to have been "a single isolated incident," U.S. agricultural officials said on Friday.
June 14- JPMorgan Chase& Co must face a lawsuit accusing the largest U.S. bank of illegally imposing marked-up or unnecessary fees on delinquent mortgage borrowers, a federal judge ruled. Rogers also dismissed racketeering claims against JPMorgan, but said the plaintiffs can try again to pursue them.
VANCOUVER, Wash.-- Nautilus Inc. said Thursday that Linda Pearce, the health equipment company's chief financial officer, has resigned. According to Nautilus, Pearce has taken a new job as chief financial officer for Tillamook County Creamery Association, a large dairy cooperative located in Tillamook, Ore..
WASHINGTON, June 13- The U.S. Agriculture Department, reeling from the discovery of unapproved genetically modified wheat growing in Oregon, said on Thursday it is working to make "appropriate and validated" tests available to detect the wheat.