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Press Digest - Wall Street Journal - March 16

2016-03-16 10:35:19| Biotech - Topix.net

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

Tags: march press street journal

 

The Wall Street Journal: Volkswagen sued by 300 institutional investors over fall in share price

2016-03-15 13:56:46| Automakers - Topix.net

Attorneys representing nearly 300 institutional investors, including U.S. investment fund CalPERS, are suing Volkswagen AG for 3.3 billion euros in damages as a result of the sharp drop in the car maker's share price in the wake of its emissions-cheating scandal.

Tags: price share street journal

 
 

The Wall Street Journal: Auto sales at risk as defaults of subprime loans rise

2016-03-14 15:23:03| Auto Dealers - Topix.net

To understand how far the U.S. auto business has been reaching for new customers, consider the early performance of a bond issue called Skopos Auto Receivables Trust 2015-2. The bonds were built out of subprime auto loans and sold in November.

Tags: auto sales street journal

 

The Wall Street Journal: General Mills to double organic sources

2016-03-09 16:41:00| Agriculture - Topix.net

General Mills Inc. said Wednesday it would double the organic acreage from which it sources ingredients as it sees continued demand for organic products. "To achieve the growth we anticipate for our natural and organic brands, we will need a more robust pipeline of organic growers," said John Church, executive vice president, General Mills Supply Chain.

Tags: general street journal double

 

The Wall Street Journal: Cargill to cut back on antibiotics in U.S. beef cattle

2016-03-09 06:16:17| Food - Topix.net

Cargill Inc. plans to scale back antibiotics use in its U.S. cattle supply, one of the most significant steps yet among beef processors to reduce reliance on drugs used to treat human illnesses. The suburban Minneapolis company said it would eliminate one-fifth of such medically important antibiotics from cattle that Cargill processes into ground beef and steaks, affecting an estimated 1.2 million cattle annually.

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