Redwood City, Calif. | Reuters -- A California farm worker accused of shooting seven people to death near San Francisco, some of them his co-workers, made his first court appearance on Wednesday after he was charged with murder in the state's second deadly gun rampage in recent days. Chunli Zhao, 66, the lone suspect in[...]
Biggest U.S. rail union rejects tentative deal, raising threat of strike
Washington/Los Angeles | Reuters -- Workers at the largest U.S. rail union voted against a tentative contract deal reached in September, raising the possibility of a year-end strike that could cause significant damage to the U.S. economy and strand vital shipments of food and fuel. Train and engine service members of the transportation division of[...]
MacDon to make draper headers for Case IH, New Holland
Canadian harvest equipment maker MacDon Industries will make draper headers for Case IH Axial-Flow and New Holland combines for the major manufacturers to sell through their own dealer networks in the new year. Case IH and New Holland, both owned by CNH, said separately Thursday they have partnership agreements in place with Winnipeg-based MacDon to[...]
Trump's payments to farmers hit all-time high ahead of election
Chicago | Reuters -- U.S. President Donald Trump is assuring a bumper year for farmers as the Nov. 3 election approaches, with record government subsidies projected to make up more than a third of farm income in 2020. The aid programs could be key to Trump's chances of success in swing states such as Wisconsin,[...]
How a major U.S. farm lender left a trail of defaults, lawsuits
Harrod, Ohio | Reuters -- After completing a credit review in a half-hour phone call, a BMO Harris Bank underwriter cleared US$12 million in loans for Ohio corn and soybean producer Greg Kruger in 2013. Kruger had initially asked for a $2 million loan to build a grain elevator. But the Chicago-based bank, one of[...]
U.S. grains: Corn tops one-month high on strong U.S. export sales
Chicago | Reuters -- U.S. corn futures touched their highest prices in more than a month on Thursday on strong export demand and as traders adjusted positions ahead of a crop report expected to show supplies tightened over the past year. Soybean futures also rose, extending a rebound from recent losses into a third consecutive[...]
First U.S. trader convicted of spoofing sentenced to jail
Chicago | Reuters -- A U.S. judge sentenced futures trader Michael Coscia to three years in prison on Wednesday, a lighter punishment than prosecutors had sought for the first person criminally convicted of the manipulative trading practice of spoofing. Coscia also was sentenced to two years of supervised release from jail, in a case that[...]
California plan for water tunnels violates environmental rules: EPA
Reuters -- A California plan to bore two massive water tunnels under the fragile Sacramento-San Joaquin Delta hit a barrier this week when the U.S. Environmental Protection Agency said the plan could violate the federal Clean Water Act and further degrade the delta's ecosystem. The decision is the latest in a series of setbacks for[...]
Lawmakers in drought-hit California agree on water plan
Sacramento | Reuters -- California Governor Jerry Brown approved on Wednesday a US$7.6 billion plan to improve water supplies in the drought-stricken state that will be put before voters in November, ending a year of political wrangling over the measure. California is in the throes of a devastating multi-year drought that is expected to cost[...]
A message from April Stewart, Country Guide's Associate Editor
