The failure of the congressional supercommittee charged with cutting the U.S. federal budget deficit scuttles a plan by the House and Senate agriculture committees to cut $23 billion in spending, panel leaders said.
CNH Global NV (CNH) rejected a buyout offer from parent Fiat Industrial SpA (FI) in a blow to Chairman Sergio Marchionne's plan to move the truck and tractor maker's primary listing to New York from Milan, according to a Bloomberg report.
Deere & Company said today that a proposal under consideration by the U.S. Federal Communications Commission (FCC) jeopardizes use of the Global Positioning System (GPS) in agriculture and construction equipment.
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