GO
Loading...

Enter multiple symbols separated by commas

Chicago

More

  • WASHINGTON— The U.S. housing market has sizzled this summer, lifting expectations that home sales will finally help drive an economic expansion now in its seventh year. Signs are emerging that housing's momentum may be destined to falter in coming months. Analysts note that some of the key foundations needed to sustain a brisk pace of home-buying in the long run...

  • CHICAGO, July 24- A law aimed at shoring up two of Chicago's financially shaky public worker retirement systems violates pension protections in the Illinois constitution, a judge ruled on Friday. Pension payments are devouring bigger chunks of budgets for Illinois and Chicago and both face crippling spending cuts or big tax increases if those payments are...

  • In a statement, Mitsubishi said its board will seek a buyer to keep the factory running and preserve jobs. Mitsubishi said it will continue to sell vehicles in the United States. The Normal plant, about 140 miles southwest of Chicago, opened in 1988 as a joint venture between Mitsubishi and its then-partner, Chrysler.

  • *Hillary Clinton to propose raising capital gains tax- report. *Visa, Starbucks rise after results. July 24- Wall Street was lower in early afternoon trading on Friday for the fourth straight day as a fall in materials and health stocks and a fall in commodities overshadowed strong results from Amazon, Visa and Starbucks.

  • CHICAGO— A Cook County judge on Friday threw out a 2014 law aimed at reducing multibillion-dollar shortfalls in two Chicago pension funds, a decision city officials have said could leave the retirement accounts insolvent in a little more than a decade or lead to massive tax increases. "While we are disappointed by the trial court's ruling, we have always...

  • *Hillary Clinton to propose raising capital gains tax- report. July 24- Wall Street was lower in late morning trading on Friday for the fourth straight day after a mixed bag of earnings from big companies and the downward spiral of commodities. Adding to the day's pressure, Democratic presidential candidate Hillary Clinton will propose nearly doubling the U.S....

  • SEATTLE, July 24- Boeing Co, which loses about $23 million on every 787 Dreamliner passenger jet that leaves the factory, is trying to stem the losses by cutting the use of one of its signature ingredients: titanium. The strong, lightweight alloy used extensively on the 787 costs seven times more than aluminum, and accounts for about $17 million of the cost of the $260...

  • Grain lower and livestock lower Friday, 24 Jul 2015 | 10:37 AM ET

    CHICAGO— Grain futures were lower Friday in early trading on the Chicago Board of Trade. Wheat for September delivery was 9.50 cents lower at $5.12 a bushel; December corn was 8 cents lower at $4.0560 a bushel; December oats were 6.50 cents lower at $2.4240 bushel; while November soybeans were 8.50 cents lower at 9.72 cents a bushel. October live cattle was. 45 cent...

  • SEATTLE, July 24- Boeing Co, which loses about $30 million on every 787 Dreamliner passenger jet that leaves the factory, is trying to stem the losses by cutting the use of one of its signature ingredients: titanium. The strong, lightweight alloy used extensively on the 787 costs seven times more than aluminum, and accounts for about $17 million of the cost of the $260...

  • CHICAGO, July 24- The struggle by Illinois and its local governments to ease huge public pension burdens could get tougher if a state judge later on Friday tosses out a 2014 law aimed at two of Chicago's retirement systems. Pension payments are devouring bigger chunks of budgets for Illinois and Chicago and both have been hit with credit ratings downgrades that...

  • Ventas reports 2Q results Friday, 24 Jul 2015 | 7:51 AM ET

    CHICAGO _ Ventas Inc. on Friday reported a key measure of profitability in its second quarter. The Chicago- based real estate investment trust said it had funds from operations of $394.3 million, or $1.18 per share, in the period. The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of $1.16 per share.

  • NORMAL, Ill.— Mitsubishi Motors confirmed Friday that it plans to stop production at its only U.S. factory and sell the plant in central Illinois that has which has more than 1,200 workers. Irvin said Mitsubishi's board will soon make a formal decision on what will happen to the plant in Normal, Illinois, about 100 miles southwest of Chicago. Japan's leading...

  • *Soybeans under pressure from fund selling, weak demand. Soybeans slid for a second session, while wheat struggled near one-month lows on lack of demand for expensive U.S. grains. "Everybody was trying to speculate that there might be issues around the corn crop but things are improving," said Ole Houe, analyst at Sydney- based brokerage IKON Commodities.

  • *Mitsubishi Motors says no decision on US production. TOKYO/ DETROIT, July 24- Mitsubishi Motors Corp, faced with declining demand in the United States and an expiring union contract at its only plant in North America, is considering ending U.S. auto production, two people familiar with the matter said. The Nikkei business daily, which first reported the plan on...

  • SYDNEY, July 24- U.S. corn fell more than 0.5 percent on Friday to hover close to a three-week low, with prices on track for their biggest weekly loss in more than a year, as crop friendly weather and sluggish demand dragged on the market. Prices were at $4.10-1/ 2 a bushel at 0138 GMT, near a three-week low of $4.08-1/ 2 hit on Thursday. *The U.S. Department of Agriculture said...

  • NEW YORK— Here we go again. One worry after another has hit the municipal bond market in recent years, from a high-profile 2010 prediction for a wave of defaults to Detroit's 2013 bankruptcy filing, the largest in U.S. history. The latest concern is actually an old one: The governor of Puerto Rico said last month that the island, whose economy and population have been...

  • Japan's Nikkei news service said the plan to cease production at Mitsubishi's plant in Normal, Illinois, is part of a strategic shift to the growing Asian market. The Nikkei report said Mitsubishi, one of Japan's smallest automakers, would look for a buyer for the plant, which opened in 1988 as a joint venture between Mitsubishi and its then-partner, Chrysler.

  • Mitsubishi plans to quit U.S. car production -Nikkei Thursday, 23 Jul 2015 | 4:04 PM ET

    Japan's Nikkei news service said the plan to cease production at Mitsubishi's sole U.S. plant in Normal, Illinois, is part of a strategic shift to the growing Asian market. The Nikkei report said Mitsubishi would look for a buyer for the plant, which opened in 1988 as a joint venture between Mitsubishi and its then-partner, Chrysler. The report also said Mitsubishi...

  • NEW YORK, July 23- Brent crude oil futures settled at its lowest since April on Thursday and U.S. crude fell into bear market territory and ended below $49 a barrel for the first time since late March, as persistent concerns about ample supply and shaky demand offset support from the dollar's weakness. U.S. crude's $48.45 a barrel settlement is down 21 percent from...

  • Southwest Airlines and United Airlines posted record second-quarter earnings on Thursday even though Southwest's revenue grew just 2 percent and United's declined from a year ago. Southwest Airlines Co. earned a record $608 million in the second quarter— a 31 percent increase from a year ago, and the airline's ninth straight record-profit quarter.