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.
MENTIONED IN THIS ARTICLE
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.
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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.
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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.
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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.
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Samsung
Seoul
United States
Wall Street Journal
Journal
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