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  • *USDA projects record-large world wheat ending stocks. Most-active wheat futures at the Chicago Board of Trade traded as low at $4.55 a bushel, the lowest level since the summer of 2010, before closing down 1 cent at $4.57-1/ 2. Corn futures ended down 1-1/ 4 cents at $3.61 after the most-active contract touched its lowest price since Jan. 15.

  • Crop prospects are also improving in South America, which competes with the United States for export business, after weekend rains eased concerns about dryness in Argentina, the world's top exporter of soyoil and soymeal and the No. 3 soybean supplier. Traders will probably resume monitoring South American yields and demand once the USDA issues monthly crop...

  • President Barack Obama proposed a $4.1 trillion spending plan for fiscal year 2017 on Tuesday in a final White House budget that laid out his priorities for fighting Islamic State, raising taxes on wealthy Americans and helping the poor. The budget for the fiscal year beginning on Oct. 1 is largely a political document and is unlikely to be passed by the...

  • President Barack Obama unveils his final White House budget on Tuesday with a blueprint for fiscal year 2017 that will lay out his spending proposals for priorities from fighting Islamic State to providing for the poor. The budget for the fiscal year beginning on Oct. 1 is largely a political document and is unlikely to be passed by the Republican-controlled...

  • NEW YORK— Canadian utility Fortis is buying electric transmission company ITC Holdings in a cash-and-stock deal valued at about $6.9 billion as it looks to further diversify its business. ITC stockholders will own about 27 percent of Fortis' common stock. Fortis said that it will apply for a listing on the New York Stock Exchange and will continue to list on the...

  • Falling electricity demand due to increased energy efficiency has spurred a spate of mergers in the United States, with utilities looking to cut their exposure to volatile power prices in unregulated markets. ITC shareholders will get $45 per share- $22.57 in cash and 0.7520 Fortis shares for each share they hold- a 14 percent premium to the stock's closing...

  • President Barack Obama unveils his final White House budget on Tuesday with a blueprint for fiscal year 2017 that will lay out his spending proposals for priorities from fighting Islamic State to providing for the poor. The budget for the fiscal year beginning on Oct. 1 is largely a political document and is unlikely to be passed by the Republican-controlled...

  • *Argentina crops benefit during critical weekend. CHICAGO, Feb 8- U.S. soybean futures slid to seven-week lows on Monday after weekend rains across major exporter Argentina reduced the likelihood that dry weather would curb yields. Soybean traders focused on Argentina after storms brought moisture to dry fields during a key time for crop development.

  • Steinem, Albright rip women Sanders backers Sunday, 7 Feb 2016 | 9:24 AM ET
    Madeleine Albright

    Hillary Clinton’s older feminist supporters have a message for young women not backing her candidacy: Shame on you, The NY Times reports.

  • MANCHESTER, N.H., Feb 7- Republican contender Marco Rubio struggled at a presidential debate on Saturday at the worst possible time, potentially confounding his bid to emerge as Donald Trump's chief rival in New Hampshire and giving hope to three rivals desperate for a strong showing. While Rubio recovered later in the debate, the timing of his performance was...

  • In a contentious debate three days ahead of Tuesday's New Hampshire primary, billionaire real estate mogul Donald Trump also battled with rival Jeb Bush over the use of eminent domain to seize private property and called for a compassionate approach to those who might lose their health insurance if Republicans repealed Obamacare. Polls show Trump leading...

  • MANCHESTER, N.H., Feb 6- Republican presidential contenders led by New Jersey Governor Chris Christie went on the attack against fast-rising rival Marco Rubio in Saturday's presidential debate, accusing the first-term U.S. senator from Florida of being too inexperienced for the White House and walking away from comprehensive immigration reform.

  • MANCHESTER, N.H., Feb 6- Republican presidential contenders led by New Jersey Governor Chris Christie went on the attack against fast-rising rival Marco Rubio in Saturday's presidential debate, accusing the first-term U.S. senator from Florida of being too inexperienced for the White House and walking away from comprehensive immigration reform.

  • Feb 5- Democratic presidential candidate Bernie Sanders plans to appear in an interview with Larry David on NBC's "Saturday Night Live", the New York Times reported on Friday. The U.S. senator from Vermont will travel to New York this weekend for the TV appearance, interrupting his campaign in New Hampshire, NYT reported on Friday, citing a senior campaign official.

  • ALBUQUERQUE, N.M.— New Mexico has succeeded in a lengthy legal battle aimed at barring a horse slaughter operation from opening in the state. Bruce Wagman, an attorney for the horse advocacy group Front Range Equine Rescue, said Friday that the order and previous rulings from the judge effectively end any chance of a horse slaughter operation opening in New...

  • Flexsteel posts 2Q profit Thursday, 4 Feb 2016 | 6:59 PM ET

    DUBUQUE, Iowa _ Flexsteel Industries Inc. on Thursday reported fiscal second-quarter profit of $5.4 million. On a per-share basis, the Dubuque, Iowa- based company said it had profit of 69 cents. Keywords: Flexsteel Industries, Earnings Report.

  • WASHINGTON— The food industry is pressuring Congress to act before the state of Vermont requires food labels for genetically modified ingredients. At issue is how food companies will deal with Vermont's law. The food industry wants Congress to pre-empt Vermont's law and bar mandatory labeling of genetically modified foods before it goes into effect.

  • WASHINGTON, Feb 3- The state-owned China National Chemical Corp, which plans to buy Swiss seeds and pesticide maker Syngenta, will promptly start preparations for what could be a lengthy U.S. national security review, as the House Agriculture Committee chairman said he would monitor the deal. The $43 billion deal, which was announced on Wednesday as a way for...

  • Fidelity & Guaranty posts 1Q profit Wednesday, 3 Feb 2016 | 5:25 PM ET

    DES MOINES, Iowa _ Fidelity& Guaranty Life on Wednesday reported fiscal first-quarter net income of $48 million. The Des Moines, Iowa- based company said it had net income of 82 cents per share. Keywords: Fidelity& Guaranty Life, Earnings Report.

  • Feb 3- The Federal Reserve Bank of San Francisco on Wednesday imposed a new policy banning staff from tweeting from its official Twitter account on their personal devices, a day after the bank apologized for an employee's unauthorized tweet dismissing the Iowa caucuses as irrelevant. On Monday night, as results were coming in from the Iowa caucuses, a San...