Day: June 13, 2023

Bunge to buy Viterra in $18B deal that would create agricultural powerhouse

6:08 pm June 13, 2023

Bunge is buying Viterra in a deal valued at approximately $18 billion to create a global agricultural giant. Viterra shareholders will receive about 65.6 million shares of Bunge stock, valued at approximately $6.2 billion and about $2 billion in cash. Bunge will assume $9.8 billion of Viterra debt. Bunge’s grain and softseed handling capacity will […]

PGA Tour Commish Jay Monahan says lack of congressional action forced controversial LIV Golf partnership

6:06 pm June 13, 2023

A few days prior to the start of an inquiry from the U.S. Senate subcommittee into the PGA Tour’s planned partnership with Saudi Arabia’s Public Investment Fund (PIF) and the DP World Tour, PGA Tour Commissioner Jay Monahan told Congress that his golf circuit was “left on our own.” Monahan sent a letter to lawmakers […]

South Carolina prisoner faces second life sentence for using cellphone to arrange killing

6:06 pm June 13, 2023

A South Carolina prisoner serving a life sentence for murder orchestrated killing a man he thought robbed a drug runner for a methamphetamine ring the inmate was running from behind bars, federal prosecutors said. Daniel Allen Shannon was sentenced to life in federal prison earlier this month for the killing, but the only way he […]

Influential teacher group pushes CRT memo, teaching of ‘race, antiracism, anti-Blackness and LGBTQIA’ in K-12

6:04 pm June 13, 2023

The National Council of Teachers of English (NCTE) wants states to discard literacy standards and incorporate teachings of “race, antiracism, anti-Blackness, and LGBTQIA+” in K-12 classrooms. The influential K-12 organization, with more than 25,000 members, released a report in May to promote “Culturally and Historically Responsive Education” as an alternative curriculum to current English instruction […]

UN secures insurance for high-stakes transfer of crude oil from dilapidated tanker in Yemen

6:04 pm June 13, 2023

The United Nations has secured insurance coverage to start a ship-to-ship transfer of 1.1 million barrels of crude from a rusting tanker moored off the coast of war-torn Yemen — oil that could cause a major environmental disaster. The United Nations Development Program described the insurance as a “pivotal milestone” in a yearslong effort to […]