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Northern Star
The Student News Site of Northern Illinois University

Northern Star

Bloomberg : 3 women can be released on non-disclosure deals

By ALEXANDRA JAFFE and KATHLEEN RONAYNE | February 21, 2020

WASHINGTON (AP) — Mike Bloomberg said Friday he’d free three women from confidentiality agreements that bar them from speaking publicly about sexual harassment or discrimination suits filed against him over the last three decades.The billionaire former...

San Diego sheriff agrees to share immigration information

By ELLIOT SPAGAT | February 21, 2020

SAN DIEGO (AP) — The San Diego County Sheriff's Department will share records of people who were criminally arrested with immigration authorities, becoming the first local law enforcement agency in five states to comply with unusual demands for information,...

Outbreak, economic ills dim luster of Japan’s Olympic year

By MARI YAMAGUCHI and ELAINE KURTENBACH | February 21, 2020

TOKYO (AP) — Prime Minister Shinzo Abe should be basking in the limelight this year in the run-up to the 2020 Tokyo Olympics. Instead, the virus outbreak that has spread from China to even remote parts of Japan has Abe and his ruling Liberal Democratic...

Man guilty of killing 2 who tried to stop his slurs on train

February 21, 2020

PORTLAND, Ore. (AP) — A man accused of fatally stabbing two people who prosecutors say tried to stop his racist tirade against two young black women on a Portland, Oregon, commuter train was convicted of murder Friday after an emotional trial that featured...

For-profit firm seeking to run .org names makes concessions

By ROBERT JABLON | February 21, 2020

LOS ANGELES (AP) — A private equity firm seeking to buy rights to operate the internet's .org suffix said Friday it will cap price hikes and create an advisory board with veto powers to ease concerns from the nonprofit community.Ethos Capital has offered...

Greyhound to stop allowing immigration checks on buses

By GENE JOHNSON | February 21, 2020

SEATTLE (AP) — Greyhound, the nation's largest bus company, said Friday it will stop allowing Border Patrol agents without a warrant to board its buses to conduct routine immigration checks.The company's announcement came one week after The Associated...

Former Iowa governor, US ag secretary to monitor drugmaker

February 21, 2020

WHITE PLAINS, N.Y. (AP) — Tom Vilsack, a former Iowa governor and U.S agriculture secretary, will monitor Purdue Pharma to ensure the OxyContin maker does not revive an aggressive marketing effort that critics say overstated the benefits of its opioid...

Democrats try to blunt strong California showing for Sanders

By KATHLEEN RONAYNE | February 21, 2020

SACRAMENTO, Calif. (AP) — California is the largest prize in the calculations of any Democratic presidential candidate, and Bernie Sanders has been working the state for months, worrying his rivals.Sanders has been organizing intensively among Latinos...

Venezuela’s Maduro taps DC firm to fight US sanctions

By JOSHUA GOODMAN | February 21, 2020

MIAMI (AP) — A top official for Venezuelan President Nicolás Maduro's government has hired a Washington law firm that also represents Turkey, taking over from another legal team that backed out last month following an outcry from critics who accused...

Deere sees some stability on farms in bruising trade fight

By MICHELLE CHAPMAN | February 21, 2020

Deere had a surprisingly strong first quarter after an extended period in which it was bruised by the ongoing trade war between the United States and China.

“Farmer confidence, though still subdued, has improved due in part to hopes for a relaxation of trade tensions and higher agricultural exports,” CEO John May said in a prepared statement Friday.

China announced Friday that it suspended more punitive tariffs on imports of U.S. industrial goods in response to a truce in its trade war with Washington. Under their “Phase 1” agreement signed in January, Washington agreed to cancel additional tariff hikes and Beijing committed to buy more American farm exports.

China's retaliatory tariffs have clobbered exports of soybeans and other commodities, hurting farmers, and in turn, farming equipment manufacturers.

The Trump administration has provided $27 billion in aid to farmers to ease the pain of his trade war. And in a tweet Friday, he promised to expand the bailout if farmers need it as they await the economic benefits of his recent trade deals with Mexico, Canada and China. He said the aid would be financed by revenue from his tariffs on foreign goods — taxes that are paid by American importers.

Deere, based in Moline, Illinois, has posted three consecutive quarters of falling profits and slowing sales growth with trade tensions between the world's two largest economies ongoing.

For the three months ended Feb. 2, Deere & Co. earned $517 million, or $1.63 per share. The per-share earnings easily beat the $1.28 that industry analysts had expected, according to a survey by Zacks Investment Research, and it topped last year's quarterly profit of $498 million, or $1.54 per share.

Adjusted revenue —which excludes financial services revenue— was $6.53 billion, also beating Wall Street's estimate of $6.2 billion.

The quarterly performance is in contrast to a year ago, when Deere cautioned on anxious farmers and rising costs.

Looking ahead, the companystill foresees fiscal 2020 earnings of $2.7 billion to $3.1 billion,unchanged from its previous guidance.

Shares of Deere & Co. jumped more than 6% at the opening bell.

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Portions of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DE at https://www.zacks.com/ap/DE

Trump not a ‘Parasite’ fan, praises ‘Gone with the Wind’

February 21, 2020

WASHINGTON (AP) — President Donald Trump is apparently not a fan of Oscar winner “Parasite," his biggest complaint being that the movie was made in South Korea.Trump started talking about the Academy Awards during a campaign rally in Colorado Springs,...

Trump signals he’s prepared to give farmers more federal aid

By KEVIN FREKING | February 21, 2020

WASHINGTON (AP) — President Donald Trump signaled Friday that he’s prepared to tap federal coffers again to help farmers suffering from the tariff fights that he initiated.The Trump administration over the past two years has committed to providing...

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