The coldest start ever to the wheat-growing season in Kansas and freezing weather across the southern Great Plains are compounding damage to U.S. crops already hurt by the worst drought since the 1930s.
North American fertilizer production projects totaling $22 billion may be at risk of delay amid increased scrutiny from regulators and communities after last week’s explosion at a Texas plant killed 14 people.
Supporters of gun-owners’ rights spent almost $1.5 million during the first three months of this year -- a 61 percent increase over the same time last year -- to defeat Senate proposals restricting firearm purchases after the slaughter of 20 elementary school students in Connecticut.
Treasury 10-year note yields traded at almost the lowest level this year as the U.S. prepared to sell $35 billion in two-year debt tomorrow, the first of three note auctions this week totaling $99 billion.
International Paper Co., the world’s largest maker of office paper, is in talks about combining its xpedx unit with Bain Capital’s Unisource Worldwide Inc. to form the biggest distributor of office and copier paper.