Samuel Allen News
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Industrial production declined in April by the most in eight months, indicating American manufacturers will provide little support for an economy beset by weaker global markets and federal budget cuts.
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Deere & Co., the world’s largest agricultural-equipment maker, cut its full-year equipment sales forecast after cold, wet weather slowed demand for construction and turf-care machinery in North America.
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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.
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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.
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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.
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Samuel Allen, chairman and chief executive officer of Deere & Co., talks about the state of U.S. manufacturing
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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.
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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.
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The agricultural price rally of 2008 unleashed riots in more than 30 countries and forced companies into bankruptcy. It lasted five months.
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The U.S. Securities and Exchange Commission spent $2.5 million on a court-rejected rule aimed at making it easier for shareholders to put board nominees on corporate ballots, according to the agency’s top official.
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