Biggest risk to farmers: high input costs, not land Nov 28th 2012, 03:12 CHICAGO (Reuters) - Soaring farm operating costs, not record high land values feared by economists of possibly causing a repeat of the 1980s farm crisis, pose the greatest risk to U.S. farmers, the head of the country's largest farm management company said on Tuesday. CEO of Farmers National Company, Jim Farrell, told Reuters steep increases in cost of fertilizer, seed, fuel and machinery are the main concerns for farmers. ... | Lava flows to the ocean in Hawaii, creating rare natural show Nov 28th 2012, 02:03 HONOLULU (Reuters) - A volcano on Hawaii's largest island is spilling lava into the ocean, creating a rare and spectacular fusion of steam and waves that officials said on Tuesday could attract thrill-seeking visitors if it continues. Lava from a vent in Kilauea Volcano on the Big Island of Hawaii began flowing into the ocean 7 miles away on Saturday. The volcano has been erupting continuously from its Pu'u O'o vent since 1983. The flow was the first from the volcano to reach the ocean since December, said Janet Babb, spokeswoman for the U.S. Geological Survey's Hawaiian Volcano Observatory. ... | Report challenges key Pentagon spending assumption Nov 28th 2012, 01:58 WASHINGTON (Reuters) - As the U.S. military grappled with budget cuts over the past year, one thing Defense Secretary Leon Panetta made clear was the Pentagon must avoid reductions in training and maintenance that would lower the force's readiness to fight. But a report released by a Washington think tank on Tuesday challenged that assumption, concluding that a short-term cut in readiness funding could free up cash to develop weapons and equipment needed to be ready in the future. ... | Judge orders tobacco companies to admit deception Nov 28th 2012, 01:26 WASHINGTON (Reuters) - Major tobacco companies that spent decades denying they lied to the U.S. public about the dangers of cigarettes must spend their own money on a public advertising campaign saying they did lie, a federal judge ruled on Tuesday. The ruling sets out what might be the harshest sanction to come out of a historic case that the Justice Department brought in 1999 accusing the tobacco companies of racketeering. U.S. District Judge Gladys Kessler wrote that the new advertising campaign would be an appropriate counterweight to the companies' "past deception" dating to at least ... | White House expected to seek billions in Sandy disaster aid Nov 28th 2012, 01:08 WASHINGTON (Reuters) - The White House is expected in the coming days to send Congress a multi-billion dollar request to fund recovery from Superstorm Sandy, which caused an estimated $71 billion in damages in New York and New Jersey. Congressional aides said there was no clear indication of the request's size, but some said it would likely be at least $11 billion. The Federal Emergency Management Agency's disaster relief fund had access to about $7.8 billion as Sandy slammed the U.S. East Coast on October 29, causing widespread destruction in coastal New York and New Jersey. ... | Rice meeting with senators fails to dampen criticism Nov 28th 2012, 01:04 WASHINGTON (Reuters) - U.S. Ambassador to the United Nations Susan Rice on Tuesday conceded that an early account she gave about the attack on the U.S. mission in Benghazi, Libya, was partly inaccurate, but her admission failed to win over Republican senators who accused her of misleading the public. Rice met for about an hour behind closed doors at the U.S. Capitol with Republican Senators John McCain, Lindsey Graham and Kelly Ayotte, who have threatened to block her nomination if President Barack Obama chooses her for secretary of state or another top post in his second-term Cabinet. ... | Massachusetts expands probe into evidence falsified by state lab Nov 28th 2012, 00:55 CAMBRIDGE, Massachusetts (Reuters) - Investigators have identified 10,000 people convicted or accused of crimes based on evidence handled by a Massachusetts state crime lab chemist who falsified tests, and officials said they planned review thousands more cases dating back nine years. David Meier, a former prosecutor appointed by Governor Deval Patrick to lead the investigation, said his team initially had identified 2,000 people imprisoned or held on bail because of evidence tested by crime lab chemist Annie Dookhan, a governor's office spokeswoman said on Tuesday. ... | |
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