Exports

House Debates Looser Gas Export Restrictions, Residents Wonder About Asthma and Lung Cancer

House Debates Looser Gas Export Restrictions, Residents Wonder About Asthma and Lung Cancer
Dominion Resources' proposal to build a liquefied natural gas export facility is dividing residents of the quiet town of Lusby on the Chesapeake Bay. Some residents are worried about increased air pollution, but others are all for the jobs and tax dollars it could bring in. On Wednesday, the House votes on GOP legislation aimed at expediting federal approval for projects like Dominion's, which Republicans argue will help U.S. allies. It faces a tougher battle in the Senate.
origin Author: 
Frederic J. Frommer
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Terminator-Strength Soybean Seeds Propel Monsanto to Sky-High First Quarter Earnings

Terminator-Strength Soybean Seeds Propel Monsanto to Sky-High First Quarter Earnings
Monsanto reported better-than-expected first quarter earnings Wednesday on higher sales of the company's insect-repelling and herbicide-resistant soybean seeds in Latin America. Monsanto, which has dominated the bioengineered-seed business for more than a decade, expects earnings growth in the "mid-to-high-teens" for fiscal 2014, based largely on international seed sales in Latin America, Asia and other emerging markets.
origin Author: 
AP
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Manufacturing Unemployment: Free Trade with Low-Income Countries on the Rise

Manufacturing Unemployment: Free Trade with Low-Income Countries on the Rise
Many of the existing free trade agreements have seriously ill effects on income inequality, and experts agree that the upcoming Trans-Pacific Partnership could further damage the hurting U.S. manufacturing industry. What does it mean for the average local labor market? "Increased unemployment, decreased labor-force participation, and increased use of disability and other transfer benefits."
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