Like his father, Venkatappah has spent his life growing rice and vegetables on two acres of land in this village three hours from Bangalore. Harvesting a good crop from these dry, rocky slopes has become tougher in recent years as the monsoon rains have become more erratic.
Rainfall was poor last year, and worse this past summer. “There was a lot of rain in a few days, then there was nothing for...
NJ residents go home after toxic chemicals cleared
Labels: HealthPAULSBORO, New Jersey (Reuters) - Residents of New Jersey evacuated after a freight train derailment last week spewed toxic vinyl chloride began returning home on Friday as tests of the air came back clean, a Coast Guard official said.
Exactly one week after a bridge collapsed, derailing seven of the 82 Conrail freight-train cars crossing the Mantua Creek in southern New Jersey, residents who were...
Supreme Court to hear "pay-for-delay" drug case
Labels: Health(Reuters) - The Supreme Court agreed on Friday to decide whether brand-name drug companies may pay money to generic drug rivals to keep their lower-priced products off the market, a practice estimated to cost consumers and the government billions of dollars each year.
The arrangements, known as "pay-for-delay" or "reverse payments," have for more than a decade vexed antitrust enforcers, including...
FDA panel opposes recommending painkiller, cites safety
Labels: HealthWASHINGTON (Reuters) - A U.S. Food and Drug Administration panel of outside experts voted against recommending Zogenix Inc's Zohydro painkiller for FDA approval on Friday, citing concerns about the danger of addiction posed by the drug class known as opioids.
But FDA officials said the regulatory agency could still approve the drug for sale in the United States by imposing restrictions to protect...
Judge rejects bid to block Washington state "stoned driving" rules
Labels: HealthOLYMPIA, Washington (Reuters) - A judge on Friday rejected a request by a medical marijuana user to block Washington state from enforcing tougher "stoned driving" rules after it became one of the first U.S. states to legalize the recreational use of marijuana.
Washington state voters last month approved marijuana legalization by a margin of 56 percent to 44 percent, making the state, along with...
Dec
03
US manufacturing shrinks in November to 3-year low
Labels: BusinessWASHINGTON (AP) — U.S. manufacturing shrank in November to its weakest level since July 2009, one month after the Great Recession ended. Worries about automatic tax increases in the New Year cut demand for factory orders and manufacturing jobs.The Institute for Supply Management said Monday that its index of manufacturing conditions fell to a reading of 49.5. That's down from 51.7 in October.Readings...
AP IMPACT: China overtaking US as global trader
Labels: BusinessThe South Korean businessman supplied components to American automakers for a decade. But this year, he uprooted his family from Detroit and moved home to focus on selling to the new economic superpower: China.In just five years, China has surpassed the United States as a trading partner for much of the world, including U.S. allies such as South Korea and Australia, according to an Associated Press...
Stocks edge lower after weak manufacturing report
Labels: BusinessThe Dow Jones industrial average fell 59.98 points to close at 12,965.60. The Standard and Poor's 500 dropped 6.72 points to 1,409.46. The Nasdaq composite was down 8.04 points to 3,002.20U.S. manufacturing declined in November to its weakest level since July 2009, the Institute for Supply Management reported. The ISM's index fell to 49.5 from 51.7 a month earlier, below the 51.2 reading forecast...
Asia stocks down on US manufacturing report
Labels: BusinessU.S. manufacturing shrank in November to its weakest level since July 2009. The Institute for Supply Management said Monday that its index of manufacturing conditions fell 49.5 from October's 51.7. Numbers above 50 signal growth, while those below indicate contraction.One reason for the downturn, the trade group said, was that businesses are concerned about the so-called fiscal cliff, which...
Lincoln brand changes name as new MKZ goes on sale
Labels: BusinessDETROIT (AP) — Lincoln is getting a new car and a new name designed to reverse 20 years of falling sales.The 97-year old luxury brand, synonymous with presidential limos and black Town Cars, is returning to its original name, Lincoln Motor Co. Lincoln hopes the name will help restore the brand's luster as the new MKZ sedan goes on sale this month.Lincoln Motor Co. founder Henry Leland — who also started...
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