The U.S. tightened country-of-origin labeling provisions to specify where animals are born, raised and slaughtered after the World Trade Organization backed complaints from Canada and Mexico that challenged the policy.
The two largest U.S. farm groups have come out against a proposed one-year extension of an agriculture-policy law that expires in September, saying producers of the nation’s crops and livestock need more certainty, especially amid a record drought.
Kirkland & Ellis LLP advised Baxter International Inc., the world’s second-largest maker of dialysis products, on an agreement to buy Swedish competitor Gambro AB for 18.3 billion kronor ($2.8 billion) to expand its kidney- equipment business.
In a field near Steele, North Dakota, Anthony Mock points out golden tassels forming on corn stalks a foot above his head. While farmers in the heart of the U.S. Corn Belt cope with the worst drought in half a century, he and his neighbors in the Northern Plains are seeing signs of a rich harvest.
Manchester United got goals from Wayne Rooney and Javier Hernandez to win 2-1 at West Brom and keep its lead atop English soccer’s Premier League. Manchester City beat Blackpool 1-0, and Arsenal won 3-0 at Birmingham.
The fiscal-cliff settlement, which extends the most-recent agriculture law until September, is frustrating farmer groups that spent 2012 pushing new programs and now must start again under a tougher spending outlook.