Deere & Co. is laying off nearly 600 workers as the farm equipment manufacturer deals with declining demand. Deere confirmed Monday that the production positions being cut are concentrated at two factories in Iowa and one at its home base in Moline, Illinois, where 280 employees will be laid off effective Aug. 30. A combined […]
Tag: falling
Struggling with falling demand for farm equipment, Deere & Co. announces nearly 600 layoffs
Deere & Co. is laying off nearly 600 workers as the farm equipment manufacturer deals with declining demand. Deere confirmed Monday that the production positions being cut are concentrated at two factories in Iowa and one at its home base in Moline, Illinois, where 280 employees will be laid off effective Aug. 30. A combined […]
Why International Paper Stock Is Falling Today
A potential Brazilian acquirer is walking away from its bid for International Paper (NYSE: IP) after the target rebuffed its overtures. Investors hoping for a big premium are disappointed, sending IP shares down 8% as of 1 p.m. ET. IP chooses independence International Paper is already part of a wave of consolidation sweeping the paper […]
Biden’s asylum halt is falling hardest on Mexicans and other nationalities Mexico will take
NOGALES, Mexico (AP) — Ana Ruiz was dismayed seeing migrants from some countries released in the United States with orders to appear in immigration court while she and other Mexicans were deported on a one-hour bus ride to the nearest border crossing. “They’re giving priority to other countries,” Ruiz, 35, after a tearful phone call […]
Woman drowns after falling near St. Mary Falls in Glacier National Park
Jun. 24—A 26-year-old Pennsylvania woman drowned after falling into the water above St. Mary Falls on the east side of Glacier National Park on Sunday afternoon, officials said. According to witnesses, the woman was washed over the falls and trapped beneath the water for several minutes. Bystanders pulled her out below the falls and administered […]
Heineken “suspends” Vietnam brewery amid falling beer sales
Heineken has decided to “temporarily suspend” one of its breweries in Vietnam against a backdrop of declining beer sales in the country. The site, located in Quang Nam in central Vietnam, is one of six Heineken has in Vietnam. According to the Dutch giant, the brewery has the smallest capacity of its factories in the […]
Stock Market Today: Dow Jones Futures Rise As Nvidia, Bitcoin Keep Falling; Amazon In Buy Area
Dow Jones futures rose slightly early Monday. S&P 500 futures were little changed while the Nasdaq fell. Nvidia (NVDA) continued to fall on the stock market today while Bitcoin tumbled, hitting crypto stocks such as Coinbase (COIN). Facebook-parent Meta Platforms (META), Amazon.com (AMZN), Spotify Technology (SPOT) and Nu Holdings (NU) are stocks around buy points. […]
Falling beer demand, crushing glut putting a chill on Eastern WA hop crop
Washington hop growers are dramatically curtailing production amid a crushing glut and chilling demand for both craft and commercial beer. In the language of the hop industry, growers “strung” about 33,000 acres in 2024. That was a 15% drop from the year before, which was already reduced by 10%, according to figures released this month […]
Suspected Chinese rocket debris seen falling over village after launch, video shows
Suspected debris from a Chinese rocket was seen plummeting to the ground over a village in southwest China on Saturday, leaving a trail of bright yellow smoke and sending villagers running, according to videos on Chinese social media and sent to CNN by a local witness. The dramatic footage surfaced online shortly after a Long […]
Falling Buffalo 22×30 Western Art Photograph
Boy, 2, taken to hospital after falling second-story window in Pittsburgh
A two-year-old boy was taken to the hospital after falling from a window in Pittsburgh on Saturday morning. Pittsburgh police say officers and EMS personnel were sent to a home in the 2400 block of Bedford Avenue just after 8 a.m. for a report of a child who had fallen to the ground from a […]
2 states where home prices are falling because there are too many houses and not enough buyers
Despite a US housing shortage, Florida and Texas have too much supply, Redfin found. The states accelerated construction to take advantage of pandemic-era demand. But many are now priced out, while Florida’s rising insurance costs are pushing down demand. A lack of US housing has fenced off most would-be buyers, but two states are dealing […]