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New farm bill would end direct payments to farmers

June 4, 2012 • BusinessComments Off

FILE – In this Sept. 15, 2010, file photo, combines, costing several hundred thousand dollars each, harvest a field during a corn harvesting demonstration at the Husker Harvest Days fair, in Grand Island, Neb. A program that puts billions of dollars in the pockets of farmers whether or not they plant a crop may disappear [&hellip...

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Japan Cabinet reshuffle expected over tax bill

June 4, 2012 • BusinessComments Off

Japanese Prime Minister Yoshihiko Noda speaks to reporters after meeting with ruling party legislator Ichiro Ozawa, who opposes a proposed tax increase, Sunday, June 3, 2012 in Tokyo. Noda was expected to reshuffle his Cabinet as he tries to woo the...

Global economy at risk as US, Europe and Asia slow

June 4, 2012 • BusinessComments Off

In this Thursday, May 31, 2012, file photo, job seekers gather for employment opportunities at the 11th annual Skid Row Career Fair at the Los Angeles Mission in Los Angeles. The global economy’s foundations are weakening, one by one. Already hobbled by...

Romney campaign criticizes Obama’s experience

June 4, 2012 • BusinessComments Off

President Barack Obama walks through his Hyde Park neighborhood with senior advisor Valerie Jarrett to Marty Nesbitt’s home, Saturday, June 2, 2012, in Chicago. (AP Photo/Carolyn Kaster) WASHINGTON (AP) — A weak labor market provided energy Sunday for...

Clinton: US needs Europe ‘operating at full speed’

June 4, 2012 • BusinessComments Off

U.S. Secretary of State Hillary Rodham Clinton talks to media at a press conference at the Swedish government offices Rosenbad in Stockholm, Sweden, Sunday, June 3, 2012. (AP Photo/Erik Martensson) SWEDEN OUT STOCKHOLM (AP) — U.S. Secretary of State Hillary...

Annual Warren Buffett lunch auction begins Sunday

June 4, 2012 • BusinessComments Off

FILE – In this file photo from May 7 2012, Warren Buffett, chairman and CEO of Berkshire Hathaway, gestures in Omaha, Neb. Buffett is again auctioning off a private lunch, and the California charity that benefits is hoping the winning bid will top $2...

CEO: Ala. pension fund investments have big impact

June 4, 2012 • BusinessComments Off

In this May 31, 2012 photo, Retirement Systems of Alabama Executive Director David Bronner poses for a photo in his Montgomery, Ala., office. One study of the state pension program shows it has put about 10 percent of its investments in Alabama, and those...

Bleak US jobs report a danger to global economy

June 3, 2012 • BusinessComments Off

Trader Michael Liloia, right, works on the floor of the New York Stock Exchange Friday, June 1, 2012. The stock market suffered its worst day of the year Friday after a surprisingly weak report about hiring and employment cast a pall of gloom over the U.S....

Spain PM insists on sticking to austerity measures

June 3, 2012 • BusinessComments Off

Brokers talk, while screens display Spain’s Prime Minister Mariano Rajoy speech, at the Stock Exchange in Madrid, Monday, May 28, 2012. Shares in Spanish bank Bankia, one of the banks hardest hit by Spain’s real estate collapse over the past four...

Obama to Congress: Act now on bills to aid economy

June 3, 2012 • BusinessComments Off

President Barack Obama waves to a small crowd after arriving at O’Hare International Airport in Chicago, Friday, June, 1, 2012. (AP Photo/Paul Beaty) WASHINGTON (AP) — President Barack Obama wants Congress to act on bills he says will accelerate the...