By P.J. Huffstutter and Karl Plume CHICAGO (Reuters) – South Dakota farmer Eric Kroupa received a flurry of calls from grain dealers and ethanol plants asking to buy the corn locked away in his bins when prices neared 4-1/2-month peaks last month. He sold some, but is waiting for buyers to up their bids to […]
By P.J. Huffstutter and Karl Plume CHICAGO (Reuters) – South Dakota farmer Eric Kroupa received a flurry of calls from grain dealers and ethanol plants asking to buy the corn locked away in his bins when prices neared 4-1/2-month peaks last month. He sold some, but is waiting for buyers to up their bids to […]
Photo: ODD ANDERSEN/AFP (Getty Images) When it comes to Tesla, it seems like the only thing people want to talk about lately is the Cybertruck and its flaws. And while we can all have a laugh at that monstrosity on four wheels, the electric vehicle company has a problem with its growing parking lots of […]
Image: Patrick Pleul (AP) Gone are the times when Tesla sold every car it could build fresh out of the factory. We’re now at the point where the company has actually made too many vehicles. The automaker is obviously aware of this, slashing prices on popular models like the Model Y as inventory piles up. […]
By Clare Jim HONG KONG (Reuters) -Shares of Chinese property developers jumped on Thursday, after a report that China is considering a plan for local governments nationwide to buy millions of unsold homes from distressed companies to ease a protracted property crisis. Hong Kong’s Hang Seng Mainland Properties Index firmed as much as 6% in […]
Photo: Sean Gallup (Getty Images) Parking lots full of Tesla vehicles are becoming impossible to ignore as the electric automaker seemingly can’t sell enough cars and trucks to match its rate of production. According to its own figures, the electric automaker produced 46,561 more vehicles than it delivered to customers during the first quarter of […]
STORY: :: Unsold farm equipment piles up as boom times fade :: Falling crop prices and high interest rates are deterring farmers from purchasing machinery :: That’s according to equipment dealers, mostly in the Midwest, as well as farmers and analysts interviewed by Reuters :: Inventories of equipment like tractors and combines are piling up, […]
CYWINY WOJSKIE, Poland (AP) — Piotr Korycki picks up a handful of wheat and watches as the yellow grains run through his fingers. All around him, grain is piled high in a warehouse on his farm north of the Polish capital: hundreds of tons of wheat, rye and corn left over from last year’s harvest […]
(Reuters) – Fisker said on Tuesday it expects to sell all its nearly 5,000 unsold vehicles made last year by the end of the first quarter and that its newly announced dealer-partner model has gained traction. More than 100 dealers in the United States, Canada, and Europe have expressed interest in becoming a Fisker dealer, […]
There was some post-Christmas cheer on the menu for elephants and other animals at Berlin Zoo – they have been chomping on Christmas trees that did not find a home. The tree treats were unwrapped on Thursday in what has become an annual event. A bison enjoys a Christmas tree (Jens Kalaene/dpa/AP) Elephants tore off […]