Exclusive: China approves genetically modified Argentine corn shipment

By Hugh Bronstein BUENOS AIRES (Reuters) – China has approved its first shipment of genetically modified Argentine corn, Buenos Aires said on Tuesday, signaling that the Asian country may eventually import GMO crops from other producers like the United States. Argentine Agriculture Minister Norberto Yauhar said Chinese health authorities cleared 60,000-tonnes of genetically modified (GMO) Argentine corn. The cargo was already headed inland to be used as hog and chicken feed. Benchmark Chicago corn futures fell briefly after Reuters reported on the shipment. …

Actor Dustin Hoffman undergoes cancer treatment: publicist

Dustin Hoffman reacts after being presented with a Donostia Award for lifetime achievement at the San Sebastian Film FestivalLOS ANGELES (Reuters) – Actor Dustin Hoffman has undergone treatment for cancer, the Oscar-winner's publicist confirmed on Tuesday. Hoffman's publicist, Jodi Gottlieb, declined to say what kind of cancer or when the "Tootsie" star was diagnosed. The news was first reported by People Magazine, where Gottlieb said the cancer had been "detected early and he has been surgically cured." The 75-year-old actor is set to undergo further preventative treatments to protect against the cancer returning, People reported. Hoffman, who won the best actor Oscar for his roles in 1979's "Kramer vs. …

Amgen seen raising bid to acquire Onyx Pharmaceuticals: report

(Reuters) – Amgen Inc is expected to sweeten its offer to acquire Onyx Pharmaceuticals Inc to $130 per share after its previous bid was rejected as too low, Bloomberg reported on Tuesday, citing a person familiar with the matter. After Amgen’s unsolicited offer of $120 per share was turned down, Onyx said in June it was seeking takeover bids from other potential buyers. The $130 offer is currently the highest bid on the table for Onyx, according the anonymous source, the report said. A spokeswoman for Amgen, the world’s largest biotechnology company, declined to comment on the report. …

Obamacare months behind in testing IT data security: government

By Sharon Begley NEW YORK (Reuters) – The federal government is months behind in testing data security for the main pillar of Obamacare: allowing Americans to buy health insurance on state exchanges due to open by October 1 The missed deadlines have pushed the government’s decision on whether information technology security is up to snuff to exactly one day before that crucial date, the Department of Health and Human Services’ inspector general said in a report. As a result, experts say, the exchanges might open with security flaws or, possibly but less likely, be delayed. …

George W. Bush Undergoes Heart Surgery

President George W. Bush successfully underwent heart surgery this morning to open a blocked artery, his office said in a statement. The surgery comes after Bush underwent his annual physical exam in Dallas Monday and doctors found the blockage. A stent, which is a tube…

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