Dow AgroSciences Enlist Duo herbicide, a new version of a weed killer designed to be used with Dow's biotech corn and soybeans, received extended approval from the Environmental Protection Agency. The agency allowed the use of the herbicide in Arkansas, Kansas, Louisiana, Minnesota, Mississippi, Missouri, Nebraska, North Dakota and Oklahoma in addition to the six states in which it was already approved -- Illinois, Indiana, Iowa, Ohio, South Dakota and Wisconsin.
The West and Midwest were hit by storms last weekend, with tornadoes striking Kansas, Nebraska and Missouri. About 300 houses in the Kansas City, Mo., area were damaged by tornadoes. No injuries or deaths related to the storms have been reported. In addition, areas from the Great Plains to the Great Lakes experienced flooding, while heavy snow affected parts of the Rockies.
Eight states are joining three others already participating in a lawsuit to challenge the Dodd-Frank Act and the Consumer Financial Protection Bureau. Alabama, Georgia, Kansas, Montana, Nebraska, Ohio, Texas and West Virginia allege that Dodd-Frank burdens community banks and gives unelected people too much power. Oklahoma, South Carolina and Michigan in September joined a lawsuit filed by the 60 Plus Association, the Competitive Enterprise Institute and a Texas bank.
The Consumer Financial Protection Bureau published a guide for how its examiners will ensure that private student lenders comply with federal consumer financial laws. Examiners will evaluate marketing and advertising materials, disclosures, periodic borrower statements and lenders' systems for tracking and handling consumer inquiries.