Deere & Co. Chief Executive Officer Samuel Allen said Washington’s partisan debate over debt could send a “near-term shock” through a U.S. economy still struggling to recover.
The U.S., the world’s largest economy, will slip to fifth place from third in manufacturing competitiveness in the next five years as India and Brazil race ahead, according to a report.
On a scorching afternoon in the savanna of eastern Brazil, Wilson Horita is 8 feet above the ground, bouncing on the driver’s seat of the new green-and- yellow tractor parked on his family’s farm.
Samuel Allen, chairman and chief executive officer of Deere & Co., talks about the state of U.S. manufacturing
The Obama administration should establish normal trade relations with Russia to help companies compete in one of the world’s fastest-growing markets, Ronald Pollett, president of General Electric Co.’s Russian unit, said.
A recovering economy helped U.S. chief executive officers weather crude’s surge past the $100 mark. At $110 a barrel, the pain would start to kick in.
The agricultural price rally of 2008 unleashed riots in more than 30 countries and forced companies into bankruptcy. It lasted five months.
Employment fell in June for the first time this year, reflecting a drop in federal census workers as the decennial population count began to wind down, economists said before a report today.
Business activity in the U.S. expanded in June for a ninth straight month, showing manufacturing is overcoming turmoil in financial markets.
"Deere's success is a reflection of considerable strength in the farm sector, especially in North and South America."
- Samuel Allen on Aug 14, 2013
CEO Allen Says He Is Delaying Some Investments