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Business training set for W.Va. farmers

Dec. 27, 2012 @ 12:00 AM

GLENVILLE, W.Va. -- New and established farmers can learn to make the most of their resources and about ways to expand their enterprises at an upcoming day-long training event.

Officials say Farm Opportunities Day is scheduled for Jan. 26 at the Mollohan Community Center on the Glenville State College campus.

The event is aimed at helping farmers maximize the business potential for small farms.

Courses will include value-added animal production and marketing, season extension and institutional marketing, farm business management, as well as risk management.

Participants also will have the opportunity to network with nearly 20 businesses, organizations and outreach institutions during a resource fair.

The training is hosted by WVU Extension Service, Glenville State College, the WVU Extension Small Farms Center and the West Virginia Small Business Development Center.

Toyota to pay more than $1 billion to settle lawsuits

LOS ANGELES -- Toyota Motor Corp. said Wednesday it has reached a settlement worth more than $1 billion in a case involving hundreds of lawsuits over acceleration problems in its vehicles.

The company said in a statement that the deal will resolve cases involving motorists who said the value of their vehicles was adversely affected by previous recalls stemming from sudden acceleration problems.

Lawyer Steve Berman, a plaintiffs' attorney, said the settlement is the largest settlement in U.S. history involving automobile defects.

"We kept fighting and fighting and we secured what we think was a good settlement given the risks of this litigation," Berman told The Associated Press.

The proposed deal was filed Wednesday and must receive the approval of a federal judge.

As part of the settlement, Toyota said it will offer cash payments to eligible customers who sold or turned in their leased vehicles between September 2009 and December 2010.

U.S. home prices rise in Oct. from previous year

WASHINGTON -- U.S. home prices rose in most major cities in October compared with a year ago, pushed up by rising sales and a decline in the supply of available homes. Higher prices show the housing market is improving even as it moves into the fall and winter, when sales traditionally slow.

The Standard & Poor's/Case-Shiller national index measuring prices in 20 cities rose 4.3 percent in October, up from a 3 percent annual gain in September.

Prices rose in October from a year ago in 18 of 20 cities. Phoenix led all cities with a 21.7 percent gain, followed Detroit, where prices increased 10 percent. Prices declined in Chicago and New York.

Prices fell in 12 of 20 cities in October compared with September.

Monthly prices are not seasonally adjusted, so the decreases reflect the end of the peak buying season.