Michael Gray News
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Fall armyworms in southern Florida survived a pesticide engineered into corn by Dow Chemical Co. and DuPont Co., the second insect to show signs of resistance to genetically modified crops in the U.S., according to a study.
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Monsanto Co.’s insect-killing corn is toppling over in northwestern Illinois fields, a sign that rootworms outside of Iowa may have developed resistance to the genetically modified crop, according to one scientist.
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Monsanto Co. corn has been overwhelmed in parts of Illinois by rootworms that hatched a month early, renewing concern that the bugs are becoming immune to the insecticide engineered into the crop.
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The Tel Aviv Stock Exchange is preparing to offer analyses of its biomedical stocks to lure listings from the U.S. and encourage institutional investors to buy shares lagging behind the bourse’s benchmark index.
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There’s “mounting evidence” that Monsanto Co. corn that’s genetically modified to control insects is losing its effectiveness in the Midwest, the U.S. Environmental Protection Agency said.
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Allot Communications Ltd. fell in New York to trade at the biggest discount to its Tel Aviv shares in three weeks on concern delays in securing contracts and an acquisition announced yesterday will erode earnings.
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The U.S. government’s request to reinstate a deep-water oil-drilling moratorium while it challenges a lower-court order rejecting the ban was denied by a federal appeals panel.
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U.S. regulators, seeking to overturn a judge’s ruling throwing out a moratorium on deep-water oil drilling in the Gulf of Mexico, said opponents of the ban should be required to file a new lawsuit to pursue their claims.
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Canadian stocks dropped for the first time in three days as energy and raw-materials producers fell on speculation the U.S. is unlikely to restart stimulus policies immediately.
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A federal appeals court that heard arguments on whether to lift the Obama administration’s ban on deep-water oil drilling will rule next week “at the latest,” U.S. Circuit Judge Eugene Davis said today at a hearing.
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