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Top News & Analysis Kansas

  • April 3- Mylan NV has been hit with a new proposed class action lawsuit over the price of its EpiPen allergy treatment, which shot up to more than $600 for a two-pack of the device from less than $100 in 2007.. The lawsuit was filed on Monday in Tacoma, Washington, federal court by three EpiPen purchasers. Mylan spokeswoman Nina Devlin declined to comment.

  • NEW YORK, March 31- Brazilian petrochemical company Braskem SA must face the main part of a shareholder lawsuit over its role in a massive bribery scandal that engulfed Brazil's state-owned oil company Petrobras SA, a U.S. judge has ruled. District Judge Paul Engelmayer in Manhattan said holders of Braskem's American depositary receipts may pursue claims...

  • CHICAGO, March 28- U.S. farmers in the arid Plains states have traditionally grown wheat and raised cattle. Farmers in these states, which include Kansas, Nebraska and the Dakotas, have more choice now in what they grow as seeds have been developed over the past decade that thrive in the dry conditions typical of the region. Kansas farmer Mick Rausch is taking...

  • CHICAGO, March 27- U.S. wheat, corn and soybean futures fell to their lowest this year on Monday, pressured by abundant global grain and oilseed supplies and outlooks for crop-friendly rain in the southern Plains wheat belt, traders said. "The path of least resistance is lower," said EFG Group analyst Tom Fritz. Chicago Board of Trade May wheat futures were down 6 cents...

  • CHICAGO, March 24- U.S. soybean futures dropped 1.6 percent on Friday to their lowest level in more than five months on pressure from rising forecasts for already-robust South American harvests, traders said. Chicago Board of Trade soft red winter wheat rose on bargain buying following four straight days of declines. Chicago Board of Trade May soybean futures...

  • CHICAGO, March 24- U.S. soybean futures dropped 1 percent on Friday to their lowest in more than four months on pressure from rising forecasts for already-robust South American harvests, traders said. Wheat futures were mixed, with Chicago Board of Trade soft red winter wheat rising on bargain buying following four straight days of declines, while K.C. hard red...

  • The North American Free Trade Agreement with Mexico and Canada will top the list of trade deals to be reviewed, which affect 20 countries from the Americas to Asia, the officials told Reuters. Politico first reported the plan for the two orders, quoting a senior administration official as saying the trade orders would help shift the White House narrative "to a...

  • District Judge Paul Oetken in Manhattan said the IRS was immune from damages claims for its alleged "deceit" or "misrepresentation" toward Sprint's former chief executive William Esrey and former chief operating officer Ronald LeMay. The plaintiffs said the IRS helped Ernst& Young, which was their tax advisor and sold them the shelters, hide key details about...

  • March 22- In investing, it seems, the wages of following your political bias is higher volatility without higher returns. Fund managers do tend to opt for firms with which they are in political alignment, the study finds, and do so more when their own party controls the White House. The new study, by M. Babajide Wintoki and Yaoyi Xi of the University of Kansas, looked at a...

  • March 22- In investing, it seems, the wages of following your political bias is higher volatility without higher returns. Fund managers do tend to opt for firms with which they are in political alignment, the study finds, and do so more when their own party controls the White House. The new study, by M. Babajide Wintoki and Yaoyi Xi of the University of Kansas, looked at a...

  • *Kansas, Cleveland Fed chiefs to speak later in the day. March 21- U.S. stocks reversed course to trade lower in late morning on Tuesday, pressured by a fall in bank shares. "People are absorbing the Fed decision and seeing what the impact from that will be," said Paul Springmeyer, investment managing director at the Private Client Reserve at U.S. Bank in Minneapolis,...

  • SAN FRANCISCO, March 19- Ride services company Uber Technologies Inc has been thrust deeper into turmoil with the departure of company president Jeff Jones, a marketing expert hired to help soften its often abrasive image. Jones quit less than seven months after joining the San Francisco company, an Uber spokesman said on Sunday. Jones' role was put into question...

  • CHICAGO, March 14- Chicago Board of Trade soybean futures declined on Tuesday for a seventh straight session, dropping below $10 a bushel as hefty South American harvests threatened U.S. soy export prospects, traders said. As of 12:41 p.m. CDT, CBOT May soybeans were down 7-1/ 2 cents at $9.98-1/ 2 a bushel after dipping to $9.92, the contract's lowest since...

  • March 10- Wildfires devastated a Smithfield Foods Inc hog farm in Laverne, Oklahoma, killing at least several thousand pigs, company and local officials said on Friday. The exact number of swine killed in the Oklahoma fire, which began on Monday, was not immediately known. Luke Kanclerz, spokesman for the Oklahoma Forestry Services, said on Friday that several...

  • PARIS/ SYDNEY, March 7- Chicago wheat futures turned lower on Tuesday in a lull after worries about dry conditions in some U.S. wheat belts pushed prices to a two-week high a day earlier. Chicago soybeans eased for a second straight session as expectations for a huge Brazilian harvest offset support from logistical delays in the South American country and brisk...

  • SEATTLE, March 2- Spirit AeroSystems Holdings Inc, a major supplier to Boeing Co and Airbus, is demanding steep price cuts from its hundreds of parts suppliers, forcing them to re-bid for their current work against global competitors, according to a document seen by Reuters and three sources familiar with the matter. Spirit is asking for price cuts of 15 to 35...

  • SEATTLE, March 2- Spirit AeroSystems Holdings Inc, a major supplier to Boeing Co and Airbus, is demanding steep price cuts from its hundreds of parts suppliers, forcing them to re-bid for their current work against global competitors, according to a document seen by Reuters and three sources familiar with the matter.

  • In the Feb. 14 letter, the FDA said several products were contaminated with multiple foreign particulates and that the injectable antibiotic vancomycin had been compromised by cardboard pieces. The FDA warned the company it had failed to take corrective action. The presence of the foreign matter is "unacceptable" and suggests "a significant loss of control in...

  • Wal-Mart launched the price test across 11 Midwest and Southeastern states such as Iowa, Illinois and Florida, focusing on price competition in the grocery business that accounts for 56 percent of the company's revenue, said vendor sources with direct knowledge of the matter who did not wish to be identified for fear of disrupting business relations with...

  • Although there is little movement on Capitol Hill to make Trump's infrastructure vow a reality, governors have sent the White House a list of 428 projects they say are ready to go with some extra federal spending. Democratic California Governor Jerry Brown has asked for $120 billion, saying that since the state made up 12 percent of the U.S. economy it deserves 12...