CHICAGO - Monsanto Co invited dozens of weed scientists to a summit this week to win backing for a controversial herbicide but many have declined, threatening the company's efforts to convince regulators the product is safe to use. Monsanto faces a barrage of lawsuits over its dicamba herbicide and risks of tighter restrictions on its use, after the chemical drifted away from where it was sprayed this summer and damaged nearby crops unable to tolerate it.
CHICAGO - Target Corp said on Monday, Sept. 25, it would increase its minimum hourly wage this year by a dollar to $11, vowing to raise this by the end of 2020 to $15 an hour -- the so-called "living wage" labor advocates across the United States are campaigning for. The Minneapolis-based retailer, which plans to start hiking minimum pay across its stores to $11 an hour in October, provided assurances that the move would not hurt its previously announced full-year and quarterly earnings forecasts.
WASHINGTON - President Donald Trump opened the door to an increase in U.S. troop numbers in Afghanistan on Monday night as part of a new strategy for the region, arguing against a hasty withdrawal from America's longest military conflict. Trump, in a prime-time televised address, said his new approach was aimed at preventing Afghanistan from becoming a safe haven for Islamist militants bent on attacking the United States. He also laid out a tougher approach to U.S. policy toward Pakistan.
CHICAGO - Chicago Board of Trade wheat futures fell about 1 percent to life-of-contract lows on Thursday, Aug. 17, weighed down by investment fund short selling and abundant global supplies, traders said. Corn futures also eased but held just above Wednesday's multimonth lows while soybean futures gained on strong Chinese demand and as rains this week missed some growing regions in the U.S. Midwest.
The absence of a nearby abortion clinic drives up healthcare costs, a study of California's poor has found. Women who seek follow-up care but who don’t have a local clinic often feel compelled go to an emergency room to confirm that their pregnancy is over, a practice that typically increases the abortion bill by 76 percent.
WASHINGTON/NEW YORK - U.S. President Donald Trump disbanded two high-profile business advisory councils on Wednesday after corporate CEOs quit in protest at his remarks blaming violence in Charlottesville, Virginia, not only on white nationalists but also on the protesters who opposed them. A parade of prominent Republicans and U.S. ally Britain rebuked Trump after his Tuesday comments on Saturday's bloodshed further enveloped his seven-month-old presidency in controversy and paralyzed his policy aims.
CHARLOTTESVILLE, Va. - Merck's chief executive resigned on Monday from a business panel led by President Donald Trump, citing a need for leadership countering bigotry in a strong rebuke to the U.S. president over his response to a violent white nationalist rally in Virginia. The departure of Kenneth Frazier from the president's American Manufacturing Council added to a storm of criticism of Trump over his handling of Saturday's violence in Charlottesville, in which a woman was killed when a man drove his car into a group of counter-protesters.
NEW YORK - As the U.S. growing season entered its peak this summer, farmers began posting startling pictures on social media: fields of beans, peach orchards and vegetable gardens withering away. The photographs served as early warnings of a crisis that has damaged millions of acres of farmland. New versions of the herbicide dicamba developed by Monsanto and BASF, according to farmers, have drifted across fields to crops unable to withstand it, a charge authorities are investigating.
LINCOLN, Neb. — Nebraska regulators will hear final arguments for and against TransCanada Corp.-proposed Keystone XL pipeline this week before deciding whether to approve its route later this year, the last big hurdle for the long-delayed project after President Donald Trump gave it federal approval.
TOKYO - Toyota Motor Corp said on Friday it planned to take a 5 percent share of smaller Japanese rival Mazda Motor Corp, as part of an alliance that will see the two build a $1.6 billion U.S. assembly plant and work together on electric vehicles.