Monster machines fan out on U.S. farms facing slow sowBy Tom Polansek and Mark Weinraub SHERIDAN, Illinois (Reuters) - With the U.S. spring planting season off to a historically slow start, an increasing number of farmers are counting on powerful tools to … More »Monster machines fan out on U.S. farms facing slow sow
By Tom Polansek and Mark Weinraub SHERIDAN, Illinois (Reuters) - With the U.S. spring planting season off to a historically slow start, an increasing number of farmers are counting on powerful tools to catch up: Monster machines that sow 36 rows of corn at once and feature high-tech innovations like computer-guided directional …
Analysis: At margins of shale oil boom, a tempered euphoriaBy Kristen Hays and Jonathan Leff HOUSTON/NEW YORK (Reuters) - For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. Production surged far faster than any … More »Analysis: At margins of shale oil boom, a tempered euphoria
By Kristen Hays and Jonathan Leff HOUSTON/NEW YORK (Reuters) - For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. Production surged far faster than any forecasts; drillers raced to secure space in new pipelines to get their crude to market. Now, at the periphery, that may …
Yahoo's board approves $1.1 billion Tumblr acquisition: WSJSAN FRANCISCO (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter … More »Yahoo's board approves $1.1 billion Tumblr acquisition: WSJ
SAN FRANCISCO (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday. Such an acquisition would be Marissa Mayer's largest deal since taking the helm of the once-iconic …
Insight: The fight for North Dakota's fracking-water marketBy Ernest Scheyder WATFORD CITY, North Dakota (Reuters) - In towns across North Dakota, the wellhead of the North American energy boom, the locals have taken to quoting the adage: "Whiskey is for drinking, … More »Insight: The fight for North Dakota's fracking-water market
By Ernest Scheyder WATFORD CITY, North Dakota (Reuters) - In towns across North Dakota, the wellhead of the North American energy boom, the locals have taken to quoting the adage: "Whiskey is for drinking, and water is for fighting." It's not that they lack water, like Texas and California. They are swimming in it, and …
On fleeting Hong Kong trips, Chinese make frugal fashionableBy Donny Kwok and Lavinia Mo HONG KONG (Reuters) - Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international … More »On fleeting Hong Kong trips, Chinese make frugal fashionable
By Donny Kwok and Lavinia Mo HONG KONG (Reuters) - Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, turning cheap into the new chic as luxury falls out of favor. Wealthy Chinese used to stop …
Analysis: Shrinking deficit reduces pressure for budget dealBy Jason Lange and David Lawder WASHINGTON (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the tax system, trim government spending and reform safety net … More »Analysis: Shrinking deficit reduces pressure for budget deal
By Jason Lange and David Lawder WASHINGTON (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the tax system, trim government spending and reform safety net spending programs appear to be fading. A sudden improvement in the outlook for the government deficit over the next decade …
Dell says cannot disclose more information to Icahn yet(Reuters) - Dell Inc said in a letter to suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself unless the board determined that their proposal … More »Dell says cannot disclose more information to Icahn yet
(Reuters) - Dell Inc said in a letter to suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself unless the board determined that their proposal was "superior" to founder Michael Dell's. Earlier this month, Icahn and Southeastern offered $12 in cash per share …
Yahoo buying Tumblr for $1.1 billion, vows not to screw it up(Reuters) - Yahoo Inc said it is acquiring blogging service Tumblr for $1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property … More »Yahoo buying Tumblr for $1.1 billion, vows not to screw it up
(Reuters) - Yahoo Inc said it is acquiring blogging service Tumblr for $1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property with strong visitor traffic but little revenue. The deal, which will use about a fifth of Yahoo's $5.4 billion in …
Unclear whether Fed's bond buying has helped economy: Fisher(Reuters) - While the Federal Reserve's accommodative policies have boosted stocks and helped the rich, it is unclear whether they are doing enough for the broader U.S. economy, a top central bank official … More »Unclear whether Fed's bond buying has helped economy: Fisher
(Reuters) - While the Federal Reserve's accommodative policies have boosted stocks and helped the rich, it is unclear whether they are doing enough for the broader U.S. economy, a top central bank official said on Monday. "We've made rich people richer...," Dallas Fed President Richard Fisher said on CNBC television. "Question …
- Actavis to buy Warner Chilcott in $5 billion stock deal
(Reuters) - Generic drugmaker Actavis Inc, which has been the subject of takeover speculation, plans to buy specialty pharmaceutical company Warner Chilcott Plc for $5 billion in stock. The companies said … More »Actavis to buy Warner Chilcott in $5 billion stock deal
(Reuters) - Generic drugmaker Actavis Inc, which has been the subject of takeover speculation, plans to buy specialty pharmaceutical company Warner Chilcott Plc for $5 billion in stock. The companies said the deal had an enterprise value, including debt, of $8.5 billion. The move comes as Actavis has spurned approaches …
Chesapeake Energy hires Anadarko executive as CEO(Reuters) - Chesapeake Energy Corp on Monday named a top executive at rival Anadarko Petroleum Corp to head the No. 2 U.S. natural gas producer, which has suffered through a governance crisis and liquidity … More »Chesapeake Energy hires Anadarko executive as CEO
(Reuters) - Chesapeake Energy Corp on Monday named a top executive at rival Anadarko Petroleum Corp to head the No. 2 U.S. natural gas producer, which has suffered through a governance crisis and liquidity crunch over the last year. Chesapeake hired Robert Douglas Lawler, senior vice president of international and deepwater …
Insight: Despite curbs, China's vast hot money triangle flourishesBy James Pomfret and Matthew Miller ZHUHAI, China/HONG KONG (Reuters) - In an underground mall just a stone's throw from China's teeming border with Macau, a row of 30 small shops with identical golden … More »Insight: Despite curbs, China's vast hot money triangle flourishes
By James Pomfret and Matthew Miller ZHUHAI, China/HONG KONG (Reuters) - In an underground mall just a stone's throw from China's teeming border with Macau, a row of 30 small shops with identical golden plaques does a brisk, though shadowy trade with mainland Chinese visitors, many of them bound for the gambling hub. "Good …
Wall Street opens lower after record highsNEW YORK (Reuters) - Wall Street opened weaker on Monday as investors searched for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday. The Dow Jones industrial average … More »Wall Street opens lower after record highs
NEW YORK (Reuters) - Wall Street opened weaker on Monday as investors searched for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday. The Dow Jones industrial average slipped 14.90 points, or 0.10 percent, to 15,339.50. The Standard & Poor's 500 Index was off 1.84 points, or 0.11 …
- Saudi Arabia to import near record high diesel this summer -trade
* Aramco to import up to 8.9 million barrels in June * Volumes could be same or higher for July * Summer demand for power and Ramadan travel supports * June gasoline imports estimated up about 45 percent … More »Saudi Arabia to import near record high diesel this summer -trade
* Aramco to import up to 8.9 million barrels in June * Volumes could be same or higher for July * Summer demand for power and Ramadan travel supports * June gasoline imports estimated up about 45 percent y/y By Jessica Jaganathan and Humeyra Pamuk SINGAPORE/DUBAI, May 20 (Reuters) - Saudi Arabia will importnear record high …
- Analysis: High speed trading a stiff challenge for U.S. regulators
By Christine Stebbins CHICAGO (Reuters) - Financial trading in world markets has grown so lightning-fast that effective regulation is growing tougher by the second, increasing the threat of crashes sparked … More »Analysis: High speed trading a stiff challenge for U.S. regulators
By Christine Stebbins CHICAGO (Reuters) - Financial trading in world markets has grown so lightning-fast that effective regulation is growing tougher by the second, increasing the threat of crashes sparked by hoaxes, electronic glitches or yet-unknown causes. The latest alarm was triggered by a fake tweet saying that the …
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