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Ethanol Makers' Long Hot Summer
Green Plains Renewable Energy Inc., GPRE -4.12 % the fourth-biggest U.S. ethanol producer, slowed production at two of its plants that use less-efficient processing technology early this year, cutting its ethanol output by about 5%.
US Drought Could Cause Global Unrest
"In the short run, USDA needs to figure out a way to remove the mandate on ethanol use from corn," said Timmer. "If we could free up 20 to 30 percent of the U.S.
Khosla-Backed Coskata Shelves IPO, Shifting Focus to Gas
Coskata Inc., a biofuel company backed by venture capitalist Vinod Khosla, shelved its $100 million initial public offering and is seeking investors for a plant that will convert natural gas into ethanol. Unfavorable market conditions were the main ...
US Corn Growers Farming in Hell as Midwest Heat Spreads
The worst U.S. drought since Ronald Reagan was president is withering the world's largest corn crop, and the speed of the damage may spur the government to make a record cut in its July estimate for domestic inventories.
BofA, Wells Fargo Used Firms That Led to CFPB Accord
Bank of America Corp., Wells Fargo & Co. and Citigroup Inc. were among the largest clients of firms whose products led to a $210 million settlement between Capital One Financial Corp.
Worst-in-Generation Drought Dims US Farm Economy Hopes
ADM, based in Decatur, Illinois, uses the grain to make more than two dozen products including ethanol, sweeteners and animal feed, and the company has businesses that store and transport the commodity for customers including farmers.
Columbia Students Dissect Robots in Campus Cliffhanger
Concerns about the standards -- and the head start Alphabet Inc.'s Google unit has grabbed in technologies such as self-driving -- have helped depress auto stocks.
Chipotle Tumbles as Sales Trail Analysts Estimates
Chipotle Mexican Grill Inc. plunged the most since its initial public offering more than six years ago after reporting second-quarter sales that trailed analysts' estimates.
Corn Seen Rallying to Record $8.50 as Drought Kills Crops
A rally to $8.50 may trigger so-called rationing in demand from feed users, and crop losses could prompt the government to lower the mandate for using corn-based ethanol in fuel, Cekander said. “That would allow a reduction in corn grain for ethanol ...
Wall Street Bank Investors in Dark on Libor Liability
said Todd Hagerman, a New York-based analyst at Sterne Agee & Leach Inc. who recommends investors remain “cautious” on the biggest U.S.