Grain futures mixed as soybeans edge higher on CBOT
Chicago trading saw soybean futures rise on Tuesday while overall grain futures were mixed. Wheat for September delivery gained 2 cents to 3.76 a bushel, September corn held at 2.22, and September soybeans moved up to 5.56 a bushel with oats at 1.75.
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Stock market jumps on benign inflation report
New York stocks rose with the Dow up over 130 points as core wholesale prices fell 0.3 percent in July, raising hopes the Fed can engineer a soft landing under Bernanke. Bond yields slipped, the dollar weakened, and crude slid, while traders awaited CPI data for further direction.
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Dell recalls 4.1 million notebook batteries over safety risk
Dell is recalling 4.1 million lithium ion notebook batteries supplied by Sony after overheating and fire incidents. The recall aims to replace batteries amid safety concerns across laptops and other devices. Dell reports the issue stems from production flaws rather than battery technology, with Sony as the supplier and a safety site set up for replacements.
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Large electronics recall hits Sony lithium ion batteries
Dell recalls Latitude Inspiron XPS and Precision notebooks after a federal agency recall tied to Sony produced lithium ion cells. Replacement batteries will be supplied first come, first served with Sony and other makers involved. The event follows battery short circuits and overheating caused by crimping flaws at a Sony factory in Japan.
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