Shake Shack IPO comes amid hunger for premium burgers

New York | Reuters -- Shake Shack Inc.'s filing this week for an initial public offering underscores a question for investors and foodies alike: How hungry are U.S. consumers for another burger chain? A key part of Shake Shack's growth strategy involves expanding its locations beyond its New York base, and investors and analysts are[...]

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[...]

PEDv re-infects U.S. farm, fuels supply fears

Chicago | Reuters -- An Indiana farm has become the first to confirm publicly it suffered a second outbreak of a deadly pig virus, fueling concerns that a disease that has wiped out 10 per cent of the U.S. hog population will be harder to contain than producers and veterinarians expected. The farm, through its[...]


Railways step up service as Ottawa eyes tackling grain backlog

Winnipeg | Reuters -- Canada's two big railways are stepping up service to reduce a backlog of grain shipments that have delayed exports and pushed oat prices to record highs, but the Canadian government said it may still step in with new regulations. Record crops of wheat and canola, along with frigid weather, overwhelmed Canadian[...]