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Swiss Emmentaler named world's best cheese PDF  | Print |  E-mail
Written by Associated Press   
Thursday, 20 March 2014 08:56

MADISON, Wis. (AP) — A Swiss Emmentaler has won the title of 2014 World Championship Cheese in Wisconsin.

Cheesemaker Gerard Sinnesberger took top honors for his Original Schweizer Rohmilch Emmentaler, a large format, big wheel Swiss cheese.

Out of possible 100 points, the Emmentaler scored 97.85 in the final round of judging Wednesday. The cheese scored top honors out of 2,615 entries from 22 countries.

An Austrian entry, called Erzherzog Johann, was second. Another Swiss entry, Gruyere AOP, was third.

U.S. cheesemakers scored big in the competition, winning gold medals in 59 of the total 90 categories judged. Switzerland came in second with seven gold medals, while the Netherlands had five.

Among U.S. entries, Wisconsin dominated with 33 gold medals.

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Online:

http://www.worldchampioncheese.org


Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 
New Fed chair's 'dashboard' of job-market gauges PDF  | Print |  E-mail
Written by CHRISTOPHER S. RUGABER, AP Economics Writer   
Thursday, 20 March 2014 06:21

WASHINGTON (AP) — The Federal Reserve on Wednesday downplayed the unemployment rate as a guide to the U.S. economy's health. But Janet Yellen, the new Fed chair, didn't leave investors in the dark.

Instead, she listed five gauges that make up her "dashboard" for tracking the economy. She also specified, in some cases, when those measures would signal a healthy economy.

The issue arose because Fed policymakers, like many economists, worry that the unemployment rate might be overstating the health of the economy. The rate has fallen by a full percentage point in the past year. But much of the drop occurred because fewer Americans are working or looking for work. The government doesn't count people as unemployed unless they're actively searching for jobs.

For those who want to track the economy along with Yellen, here are the items she listed during a news conference Wednesday, her first as Fed chair:

— THE U-6:

It might sound like the name of an Irish rock band. But it's a broader measure of the job market. It includes not only the unemployed but also those working part time who would prefer full-time work and those who have stopped searching for jobs. Last month, the U-6 rate was 12.6 percent, much higher than the unemployment rate of 6.7 percent. Yellen said the number of Americans forced to work part time is "unusually large." It suggests that she believes the Fed could do more to boost the economy.

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VW recalls 150,000 Passats for headlight problem PDF  | Print |  E-mail
Written by Associated Press   
Thursday, 20 March 2014 08:53

DETROIT (AP) — Volkswagen is recalling about 150,000 Passat midsize cars because the headlights can be damaged if the hoods are closed roughly.

The recall affects cars from the 2012 and 2013 model years. VW says if the hoods are closed hard, the vibration or impact can cut off electricity to the low-beam headlights. Drivers would see a dashboard warning light if this happens.

Volkswagen says the problem hasn't caused any crashes or injuries. VW dealers will install an improved bulb fitting and adjust the hood bumpers if needed at no cost to owners.


Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 
Chinese breeder sells two Tibetan mastiffs for $3 million PDF  | Print |  E-mail
Written by Associated Press   
Thursday, 20 March 2014 06:17

BEIJING (AP) — A Chinese dog breeder said Thursday that a property developer paid him 18 million yuan ($3 million) for Tibetan mastiff twins, highlighting how the breed has become a status symbol for China's rich.

The large, slobbery dog with massive amounts of hair used to be best known for herding sheep in Tibet, but has now become a luxury for the ultra-rich who want to spread their wealth beyond stocks and real estate.

Breeder Zhang Gengyun said he sold the 1-year-old twin male dogs to a single buyer at a luxury dog fair Tuesday in wealthy Zhejiang province, located on China's east coast. The sales were reported by the local Qianjiang Evening News.

One of the twins — a golden-haired Tibetan mastiff — was sold for $12 million yuan, and his red-haired brother went for $6 million yuan.

Zhang said the buyer, from eastern Shandong province, paid him the 18 million yuan with his credit card.

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