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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jan 21, 2017

Page

19

Farmers' reticence threatens USDA crop data gold standard

USDA chief economist Robert Johansson notes record low survey responses risk bias in crop data used for payments and market guidance. The University of Illinois study warns firms could exploit gaps without broad farmer participation, as firms like Informa Economics and Lanworth provide forecast data.

Chicago U.S. Department of Agriculture Robert Johansson University of Illinois Johansson USDA Informa Economics Lanworth Inc Thomson Reuters

FHA mortgage fee cut canceled by HUD under Trump order

HUD on Friday cancelled a planned 0.60 percent annual FHA mortgage insurance fee reduction that would have taken effect Jan 27. The move follows concerns from Republicans that lower fees risk funding for mortgage defaults, with Ben Carson noting he was not consulted before the announcement.

Trump Department of Housing and Urban Development Barack Obama Federal Housing Administration FHA HUD Donald Trump Ben Carson Obama Ent U.S. Capitol Washington, D.C

Walgreens faced with FTC antitrust concerns over Rite Aid deal

Walgreens Boots Alliance faces FTC scrutiny as it seeks antitrust clearance for its 9.4 billion plan to acquire Rite Aid. FTC staff question the proposed sale of 865 drugstores to Fred’s Inc as sufficient to preserve competition. If unresolved by a January 27 deadline, Walgreens must pay Rite Aid a termination fee of 825 million or 650 million under certain terms.

Walgreens Boots Alliance Inc U.S Rite Aid Corp Federal Trade Commission FTC Walgreen Fred's Inc Rite Aid United States CVS Health Walgreens

AT&T streams ahead with 200,000 new DirecTV Now subs

Dallas Morning News reports AT&T surpassed Wall Street expectations by adding at least 200,000 DirecTV Now subscribers in Q4, the first quarter with the streaming service. The offer priced $35 for early subscribers, later raised to $60, amid a crowded pay TV market where cable and satellite subs fall. AT&T remains the largest US pay TV provider with 25 million-plus subs despite competition from Netflix, Amazon and Hulu.

Dallas At&t Directv Securities and Exchange Commission Bloomverg United States Netflix Amazon Hulu

Samsung to reveal cause of Galaxy Note 7 fires

Samsung will explain the Galaxy Note 7 fires at a Monday Seoul news conference. Reports flag an irregular battery size for initial fires and a rapid manufacturing issue in replacement phones as possible causes. The company halted Note 7 production in October after two recalls.

Samsung Seoul United States Wall Street Journal Journal

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