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 …
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 has hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as its chief executive, filling the post vacated by co-founder Aubrey McClendon in April. Shares of Chesapeake, … More »Chesapeake Energy hires Anadarko executive as CEO
(Reuters) - Chesapeake Energy Corp has hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as its chief executive, filling the post vacated by co-founder Aubrey McClendon in April. Shares of Chesapeake, the second-largest U.S. natural gas producer, rose 2 percent in trading before the bell. Lawler, 46, who is senior …
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 …
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 …
- 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 …
Stock futures dip after records, acquisitions eyedBy Rodrigo Campos NEW YORK (Reuters) - Stock index futures dipped in light volume on Monday as investors search for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday. … More »Stock futures dip after records, acquisitions eyed
By Rodrigo Campos NEW YORK (Reuters) - Stock index futures dipped in light volume on Monday as investors search for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday. Deals including Yahoo's $1.1 billion bid for Tumblr indicate that companies continue to search for growth through …
Vodafone withdraws from BT mobile partner talks: sourcesLONDON (Reuters) - Britain's Vodafone has withdrawn from the running to provide a mobile service to fixed-line operator BT , two industry sources told Reuters, bringing to an end a nine-year partnership. … More »Vodafone withdraws from BT mobile partner talks: sources
LONDON (Reuters) - Britain's Vodafone has withdrawn from the running to provide a mobile service to fixed-line operator BT , two industry sources told Reuters, bringing to an end a nine-year partnership. Vodafone had been the so-called mobile virtual network operator for BT, providing mobile services to staff, small companies …
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