Latest Lumber and timber industry News

Florida timber farmers face tough choices year after Michael

Oct. 13, 2019 12:02 AM EDT

BLOUNTSTOWN, Fla. (AP) — The sunsets are a sight to behold in Joe Leonard's neck of the woods these days. A year ago, lush stands of towering pines obscured the horizon, he said as he drove his pickup along a dusty Florida Panhandle road. Now, fields of thick grass mask row after row of stumps decaying...

Florida timber farmers face tough choices year after Michael

Oct. 10, 2019 2:39 PM EDT

BLOUNTSTOWN, Fla. (AP) — The sunsets are a sight to behold in Joe Leonard's neck of the woods these days. A year ago, lush stands of towering pines obscured the horizon, he said as he drove his pickup along a dusty Florida Panhandle road. Now, fields of thick grass mask row after row of stumps decaying...

Once nearly extinct, songbird coming off endangered list

Oct. 8, 2019 2:11 PM EDT

TRAVERSE CITY, Mich. (AP) — The federal government said Tuesday it will remove the Kirtland's warbler from its list of protected species, finding the small, yellow-bellied songbird had recovered more than half a century after being designated as endangered. The U.S. Fish and Wildlife Service credited...

Pope urges bold action to protect the Amazon amid fires

Oct. 6, 2019 7:56 AM EDT

VATICAN CITY (AP) — Pope Francis urged bishops on Sunday to boldly shake up the status quo as they chart ways to better care for the Amazon and its indigenous people amid threats from forest fires, development and what he called ideological "ashes of fear." Francis opened a three-week meeting on preserving...

Amazon tribe in Brazil patrols territory, braces for fight

Sep. 18, 2019 12:02 AM EDT

ALTO RIO GUAMA INDIGENOUS RESERVE, Brazil (AP) — Deep in the Amazon rainforest, there is talk of a looming conflict over land. The men in the Tembe indigenous group sometimes daub themselves in traditional war paint and patrol the forest. They carry bows and arrows, but feel increasingly vulnerable as they...

Protect or develop? Amazon fires signal growing pressure

Aug. 31, 2019 2:34 PM EDT

VILA NOVA SAMUEL, Brazil (AP) — "Without smoke, there's no progress," said the Amazon rancher in a torn straw hat and cowboy boots caked in red dirt. The rancher, 75-year-old Antonio Lopes da Silva, was talking about the fires that have swept parts of one of the world's most precious regions in recent...

G-7 nations pledge $40 million to fight Amazon fires

Aug. 26, 2019 9:04 PM EDT

PORTO VELHO, Brazil (AP) — The Group of Seven nations on Monday pledged tens of millions of dollars to help fight raging wildfires in the Amazon and protect its rainforest, even as Brazilian President Jair Bolsonaro accused rich countries of treating the region like a "colony." The international pledges at...

Ellison's home improvement at Lowe's is paying off

Aug. 21, 2019 2:57 PM EDT

Lowe's blew past second quarter profit expectations, buoyed by strong demand for spring goods and sales to contractors. Even though the home improvement retailer wrestled with lower lumber prices and rough spring weather, CEO Marvin Ellison said Lowe's saw growth in same-store sales across the U.S. "Our...

Execs starting to worry about tariffs' effects on consumers

Aug. 20, 2019 4:38 PM EDT

Americans continue to shop, vacation and buy cars at a brisk clip. But corporate America is starting to worry out loud that President Donald Trump's tariffs will depress consumer spending and undermine the economy. Home Depot, the nation's largest home improvement chain, said as much on Tuesday, when it reported...