INDIANAPOLIS (WISH) — Here is a look at Friday’s business headlines with Jane King, who has the latest on TrumpRx’s medication website and NASA allowing astronauts to take phones into space.
AGCO predicts first sales increase in 3 years
A long-awaited recovery in the farm sector appears to be in sight as AGCO, one of the world’s biggest agriculture equipment makers, is predicting an increase in sales for the first time in three years.
The manufacturer of Massey Ferguson and Fendt tractors estimated 2026 net sales just above last year.
Growers need to update soon and are increasingly retrofitting existing equipment with artificial-intelligence-packed components that help them more precisely plant, treat, and harvest fields.
Soybean futures sprout after US-China call
Soybean futures rose after President Trump said China is considering buying more U.S. exports.
During a call with Chinese President Xi Jinping, the two countries discussed “lifting the soybean count to 20 million tons for the current season, according to Trump.
Soybeans hit the highest level in two months on the news.
TrumpRx website to launch soon
TrumpRx, a pharmaceutical prescription site that the president says will lower drug prices will go live soon.
The site is not expected to sell drugs directly to American patients, but will act as a central hub that points them to drugmakers that are offering discounts on certain products on their own direct-to-consumer sites.
TrumpRx targets people who are willing to pay with cash and forgo insurance, which suggests that people without or with limited coverage may benefit the most.
NASA to allow astronauts to bring phones to space
NASA clears the way for astronauts to bring their smartphones with them to space.
iPhone and Android devices replace decade-old Nikon DSLRs and GoPros as primary documentation tools for astronauts.
SpaceX’s private missions already allowed smartphones, creating a precedent that NASA now follows for government crews.
Southwest clears new Super Bowl ad for takeoff
Southwest Airlines will debut a new ad during the Super Bowl, poking fun at its former open seating policy.
A sample of the ad says, “Southwest boarding begins now…I am not sitting in a middle seat.”