Morning business headlines
Tuesday, June 11, 2013 11:09 AM
Senate passes farm bill
The U.S. Senate passed a farm bill Monday that cuts $24 billion in spending. The House of Representatives is considering its own farm bill, one that would cut almost $40 billion, with half the spending cuts in the food stamp program, reports The Hill. The proposed legislation shift money away from direct subsidies to farmers and toward crop insurance instead. The current farm bill expires Sept. 30.
Booz Allen fires Snowden
Government contractor Booz Allen Hamilton says it has fired National Security Agency surveillance leaker Edward Snowden, reports MarketWatch.
Changes for your iPhone
Apple Inc. unveiled changes to the iPhone and Mac operating systems that will be available for free in the fall, reports The New York Times. In addition to changing typography, there will be security improvements and a new music downloading program and other improvements.