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Farm Bureau Raises Concerns about Agriculture Bearing the Majority of Cuts to Avoid Sequestration
2013-02-15 21:20:00| National Hog Farmer
Source: American Farm Bureau Federation Following are comments from American Farm Bureau Federation President Robert Stallman in response to a congressional initiative in which agriculture bears the majority of budget cuts to avoid sequestration. “While initially we are encouraged that a new $110 billion fiscal policy proposal from Sen. Majority Leader Harry Reid (D-NV) would help put our nation on the long road toward greater fiscal responsibility, the details on how he proposes to do so raise strong concerns. read more
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US: Campbell Mexico deals to result in 260 job cuts
2013-02-15 17:31:00| Daily beverage news and comment - from just-drinks.com
Campbell Soup Co has signed a deal with Grupo Jumex and Conservas La Costea that will expand its beverage manufacturing and distribution capabilities in Mexico but result in the loss of 260 jobs.
LG/Chem Cuts Work Force in Wake of Idle Worker Scandal
2013-02-15 13:45:53| Chemicals - Topix.net
In the wake of a federal report critical of idle employees collecting wages, LG/Chem officials announced that the workforce at its 48th Street plant in Holland has been trimmed to 150, 50 less than when inspectors toured the facility last year.
Outokumpu Starts New Cost Cuts As Losses Triple, CFO To Quit
2013-02-15 03:05:30| Steel - Topix.net
Finnish stainless steel maker Outokumpu Oyj said Thursday it will target fresh cost cuts of EUR150 million a year by the end of 2014 after its net loss almost tripled to EUR308 million in the fourth-quarter, adding that Chief Financial Officer Esa Lager will resign this year for personal reasons.
Intel cuts back Itanium plans, raising questions about chip's future
2013-02-14 14:43:35| InfoWorld: Top News
Intel has scaled back plans for the next version of Itanium in a move that raises questions about the future of the 64-bit server chip, used primarily in Hewlett-Packard's high-end Integrity servers.
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