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Top News & Analysis Chicago

  • WASHINGTON, Feb 27- New orders for key U.S.-made capital goods unexpectedly fell in January after three straight months of strong gains, but did little to change views that manufacturing was recovering from a prolonged downturn amid rising commodity prices. "We remain cautiously optimistic as there are limitations to what the president can do, but even...

  • *UAE and Iraq pledge to catch up with output cut targets. On its second to last day as the front-month contract, Brent futures for April delivery were up 16 cents, or 0.3 percent, at $56.15 a barrel by 11:24 a.m. EST. Money managers also raised their bullish U.S. crude futures and options positions in the week to Feb. 21 to the highest on record, the U.S. Commodity Futures...

  • *Investors await Trump speech to joint session of Congress. Treasury Secretary Steven Mnuchin said on Sunday that Trump would use a major policy speech to a joint session of Congress to preview some elements of his sweeping plans to cut taxes for the middle class, simplify the tax system and make U.S. companies more globally competitive, with lower rates and...

  • BISMARCK, N.D.— A flight attendant accused of making bogus bomb threats on two Skywest flights in 2015 has signed a plea deal to avoid trial, but he could still end up spending decades in prison. Justin Cox-Sever, 23, of Tempe, Arizona, is accused of making threats on a July 2015 flight from Charlottesville, Virginia, to Chicago, and on a September 2015 flight from...

  • CHICAGO— Grain futures were lower Monday in early trading on the Chicago Board of Trade. Wheat for March delivery was 7 v cents lower at $4.2420 a bushel; March corn was down 2 cents at $3.62 a bushel; March oats was unchanged at $2.5160 a bushel while March soybeans lost 1 cent to $10.1240 a bushel. February live cattle was. 80 cent lower at $1.2455 a pound; March feeder...

  • DALLAS— United Airlines, which lost the distinction of being the world's biggest carrier after shrinking for several years, plans to regain lost ground by adding more flights from key airports this summer. Only once in the last five years did United Continental Holdings Inc. top Delta's operating income. "We've been shrinking, and our competitors have been...

  • CHICAGO _ Gogo Inc. on Monday reported a loss of $26.9 million in its fourth quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 46 cents per share. Seven analysts surveyed by Zacks expected $152.6 million.

  • The case tugs at the heartstrings: A popular Kansas State University professor battles breast cancer, then leukemia. Grace Hwang's lawsuit was one of many employee cases heard by federal appeals court Judge Neil Gorsuch, President Donald Trump's pick for the Supreme Court. The majority opinion he wrote siding with Kansas State is illustrative.

  • "It's definitely a hand-off to the states," said economist Douglas Holtz-Eakin, who has reviewed the GOP plans and a recent briefing document for members of Congress. As they returned home during the recent congressional recess, some lawmakers received an earful from people concerned about possible GOP health care changes. "I'm really angry about it," said Vicki...

  • The case tugs at the heartstrings: A popular Kansas State University professor battles breast cancer, then leukemia. Grace Hwang's lawsuit was one of many employee cases heard by federal appeals court Judge Neil Gorsuch, President Donald Trump's pick for the Supreme Court. The majority opinion he wrote siding with Kansas State is illustrative.

  • The number of demonstrators had dwindled from the thousands who poured into the camp starting in August to oppose the pipeline that critics say threatens the water resources and sacred land of the Standing Rock Sioux Tribe. The 1,170- mile line, built by Energy Transfer Partners LP, will move crude from the shale oilfields of North Dakota to Illinois en route to...

  • NEW YORK, Feb 24- U.S. President Donald Trump's planned economic agenda has fanned the flames for Wall Street's record-setting run, but some investors worry that his first major address to Congress next week risks dousing it if his plans look slow to execute or are overly vague. In Tuesday's speech, "the market wants to hear about concrete tax reform plans that have...

  • As of 11:58 a.m. CST, Chicago Board of Trade March wheat was down 7 cents at $4.31 per bushel after dipping to $4.30, its lowest since Feb. 9. March soybeans were up 3/ 4 cent at $10.12-1/ 4 a bushel, rebounding after falling to $10.09-1/ 4, its lowest since Jan. 12. As you violate some technical signals, you've got the potential for some further liquidation, "said Terry Linn,...

  • VANCOUVER, British Columbia— The furies unleashed by Donald Trump's rise to the U.S. presidency are shaking Vancouver, where a gleaming new Trump International Hotel and Tower is about to open. The 69- story building designed by one of Canada's most renowned architects has drawn praise for its sleek, twisting design. Joo Kim Tiah, who like the U.S. president is the...

  • CHICAGO _ United States Cellular Corp. on Friday reported a loss of $6 million in its fourth quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share. Three analysts surveyed by Zacks expected $1.02 billion.

  • CHICAGO _ Telephone& Data Systems Inc. on Friday reported a loss of $5 million in its fourth quarter. Cellular and TDS Telecom posted revenue of $1.28 billion in the period. Keywords: Telephone& Data Systems, Earnings Report.

  • LONDON, Feb 24- U.S. soybeans edged up on Friday, boosted partly by a weaker dollar which helped the market rebound from an earlier six-week low, but the market remained on course for a weekly loss. The most active soybean futures on the Chicago Board Of Trade rose 0.3 percent to $10.14-3/ 4 per bushel by 1122 GMT after hitting a six-week low of $10.09-1/ 2 a bushel...

  • *Corn flat, despite lower-than-expected USDA f'cast. SYDNEY, Feb 24- U.S. soybeans edged higher on Friday after earlier hitting a six-week low as ample global supplies pushed the oilseed towards two-week losses of nearly 5 percent. The most active soybean futures on the Chicago Board Of Trade rose 0.1 percent to $10.12-1/ 2 per bushel, after hitting a six-week low...

  • SYDNEY, Feb 24- U.S. soybean futures held steady on Friday after hitting a six-week low on forecasts of plentiful global supplies, and were headed for their second straight weekly fall. *USDA projected U.S. 2017 plantings at 90 million acres, down 4.3 percent from 2016 and below an average of trade expectations in the Reuters poll for 91.0 million acres.

  • CHICAGO _ InnerWorkings Inc. on Thursday reported fourth-quarter net income of $5 million, after reporting a loss in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share. InnerWorkings expects full-year earnings in the range of 44 cents to 47 cents per share, with...