Senate farm bill allocates 2 billion for specialty crops
A Senate plan for a five year farm bill includes a record 2 billion dollars for specialty crops to fund fruits and vegetables for school meals boost overseas marketing and support organic research. growers welcome the victory while some lawmakers propose changes and argue about subsidies for other crops.
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Washington
Senate
Dennis Cardoza
D-Calif
Senate Agriculture, Nutrition and Forestry Committee
House
Jack King
California Farm Bureau Federation
Whirlpool profits rise but US sales stall in Q3
Whirlpool Corp reports third quarter earnings of 175 million dollars or 2.20 a share up 50 percent from a year earlier. US shipments fall about 4 percent while North America revenue drops 8 percent to 2.9 billion amid weak demand and higher costs. European revenue up 12 percent with record results. Overall revenue near 4.84 billion. full year outlook reaffirmed at 8.00 to 8.50 per share.
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Wal-Mart trims store plans amid slower sales growth
Wal-Mart Stores Inc. announced cuts to capital spending and expects fewer and smaller stores as it tightens costs. The plan lowers 15 billion dollar capex guidance from 15.5 and 17 billion previously, with average new supercenter size dropping to about 180000 square feet.
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New York
Wal-Mart Stores Inc
Wal-Mart
Tom Schoene
Wal- Mart
Eduardo Castro-Wright
U.S
Bill Simon
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