Obama expected to offer new drilling incentives

President Barack Obama will offer oil and gas companies new incentives to start production on undeveloped leases as part of a plan to cut U.S. dependence on imported oil, two administration officials told Bloomberg.

With …

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Organic farmers sue Monsanto

The Public Patent Foundation, on behalf of 60 family farmers, seed businesses and organic agricultural organizations, including the Southeast Iowa Organic Association, sued Monsanto Co.  on Tuesday to challenge the agricultural giant’s patents on genetically …

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Honda’s North American production to slow

Work stoppages at Honda’s North American assembly plants, which employ thousands of workers, will begin sooner than expected. Marysville, Ohio-based Honda of America Manufacturing Inc. said late Tuesday that it will begin adjusting production schedules …

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DuPont extends takeover bid for Danisco

U.S. chemical manufacturing group E. I. du Pont de Nemours &o. extended its $6 billion takeover bid for Danisco A/S by four weeks after holders of only 6 percent of the Danish company’s shares had …

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Limitation date lifted on SBA refinancing program

An upcoming amendment to the U.S. Small Business Administration’s (SBA) temporary 504 refinancing program will allow more small businesses to obtain stable, long-term financing on owner-occupied real estate, the SBA announced on Tuesday.

Under the …

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CRE executives expect pay raise this year

Sixty-four percent of participants in a survey of senior corporate real estate and workplace executives said they received a pay increase last year, according to CoreNet Global.

National Real Estate Investor also reported that 74 …

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