Coburn Leaves Gang of Six Over Medicare Cuts Dispute
Oklahoma Senator Tom Coburn exited the bipartisan Gang of Six as talks stalled over insufficient cuts to Medicare and other entitlement programs. He said balance was lacking and cannot see a path to agreement, leaving the deficit plan efforts in doubt.
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Gang of Six
Tom Coburn
Oklahoma
Coburn
Stockyards Peoria Hogs Market Report
Trading moderately active hogs up to 63.50 per cwt for 230 260 lb barrows and gilts 63.00 63.50. Sows steady with 300 700 lb at 48 52. Boars: over 300 lb 21 under 300 lb 35. Prices listed for weight ranges.
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Grain futures rise on CBOT with higher wheat soybeans
Grain futures on the Chicago Board of Trade increased as July wheat jumped 27.50 cents to 7.64 a bushel and July corn rose 22.75 cents to 7.2025 a bushel. July oats gained 9 cents to 3.57 a bushel while July soybeans rose 14.50 cents to 13.41 a bushel.
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Chicago
Chicago Board of Trade
The
Associated Press
Ronald McDonald Faces Midlife Test Amid Digital Shakeup
Ronald McDonald, now 48, struggles to connect with younger and adult audiences as McDonald’s shifts focus to adult appeal. Critics urge retirement to curb childhood obesity concerns, while the company defends Ronald as a force for good and an active lifestyle ambassador.
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New York
Ronald McDonald
McDonald’s Corps
Ace Metrix
Ronald
McDonald’s
Happymeal.com
Zagat
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Senate weighs reform as Postal Service seeks rescue
The Postal Service faces over 2 billion dollars in red in the first quarter and a potential 8 billion dollar loss for the year. Senator Tom Carper proposes restructuring finances by using overfunded Civil Service Retirement System obligations to cover future health benefits and allow new services including alcohol delivery, plus greater office-closing flexibility. Postmaster General Patrick Donahoe backs cost cuts and workforce reductions totaling over 12 billion since 2009 and supports combining Carper's plan with Collins’ bill to set a better course.
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Tom Carper
D-Del
Postal Service
Inspector General
Postal Regulatory Commission
Civil Service Retirement System
Carper
Senate Homeland Security and Governmental Affairs Subcommittee
Federal Financial Management
Post Office
Jit
Patrick Donahoe
Susan Collins
Maine
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