Vilsack presses House to pass drought aid in farm bill
Agriculture Secretary Tom Vilsack urged Congress to act on a farm bill that would revive expired disaster assistance for farmers hit by the worst drought in decades. He said the bill, approved by the Senate and passed from the House agriculture committee, must be brought to a vote before August. Vilsack outlined drought impacts in Iowa and neighboring states, noted potential relief programs from 2008, and announced measures allowing expanded land use for hay and grazing in emergencies.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Tom Vilsack
Congress
House
Senate
Vilsack
Agriculture Committee
America
House of Representatives
Indi
U.S. Department of Agriculture
Europe reels as Spain faces potential full bailout
Europe trembles over Spain’s worsening debt crisis as a deepening recession and rising bond yields spark fears of a full bailout. Markets drop globally with Germany’s DAX and Britain’s FTSE slipping while Spain’s central bank notes a quarterly contraction and the government foresees no growth until 2014.
MENTIONED IN THIS ARTICLE
Frankfurt
Germany
Europe
Spain
Italy
World
DAX
Britain
France
Wall Street
CNOOC to Buy Nexen for 15.1 Billion in $27.50 Share Offer
Chinese state firm CNOOC Ltd agrees to acquire Canadian Nexen Inc for 15.1 billion dollars. The Calgary based company operates in Canada, Gulf of Mexico, North Sea, Africa and the Middle East, with big reserves in Canadian oil sands and 213000 barrels daily in Q2. The deal awaits Canadian government approval and finalization in Q4.
MENTIONED IN THIS ARTICLE
Shanghai
China
Cnooc Ltd
Nexen Inc
CNOOC
Americas
Unocal
U.S
Nexen
Ter
New York
Calgary
Alberta
Canada
Gulf of Mexico
North Sea
Africa
Middle East
Kevin Reinhart
China National Offshore Oil Company
Apple profits hid behind phantom taxes says AP
Apple faces reporting a second quarter profit near 9.8 billion yet AP calculations suggest the true earnings could rise by as much as 10.5 billion if phantom tax liabilities were erased. The article notes 74 billion overseas cash and tax strategies like the Double Irish with a Dutch Sandwich.
MENTIONED IN THIS ARTICLE
New York
Apple
Associated Press
U.S
Paris
Sydney
United States
Caribbean
Robert Willens
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Illinois
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GenOn
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S&p
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Saliis
Sahil
London
N.Y
Handy & Harman
N.a
Sak
FritSeas
Ryan
Chicago
Fritvess
IC. New York
Eas
Chicago Board of Trade
Sour LU al
At&t Inc
PNM Res
BkofAm
PepsiCo
Boeing
Pfizer
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