Top News & Analysis Chicago

  • NEW YORK— Tribune Media has completed the sale of several real estate assets, including the Tribune Tower in Chicago. The sale is part of Tribune Media Co.' s ongoing efforts to sell its entire $1 billion real estate portfolio. Tribune Media said Wednesday that it also closed on the sale of Los Angeles Times Square and Olympic Plant.

  • Donald Trump says he saved former Miss Universe Alicia Machado's job by shaming her into losing weight. Trump told Fox News host Bill O'Reilly Wednesday night that he "saved her job because they wanted to fire her for putting on so much weight." Donald Trump wants to know how many Christian conservatives are backing him in Iowa.

  • HAMBURG/ SINGAPORE, Sept 28- Chicago soybean futures fell on Wednesday on expectations dry weather ahead will boost the U.S. harvest which was recently hit by heavy rain. "We are in a weather market today which is weakening soybeans, corn and wheat," said Frank Rijkers, agrifood economist at ABN AMRO Bank. Chicago Board of Trade most-active November soybeans fell 0.5...

  • Uber driver

    Sears is partnering with ride-services company Uber as the struggling retailer tries to make its rewards program more attractive to shoppers.

  • Sears is betting on its Shop Your Way loyalty plan, which offers points and tailored deals to members, as the company looks to revive sales. The program, Rider Rewards, is currently available in Chicago and New York City, and will be rolled out nationally soon, the companies said. While new drivers who sign up to drive with Uber through Shop Your Way will get up to $1,000...

  • CHICAGO, Sept 27- Caesars Entertainment Corp said on Tuesday it has struck a crucial $5 billion deal with most of its casino operating unit's creditors, resolving billions of dollars in legal claims and paving the subsidiary's way out of a costly bankruptcy. The Las Vegas- based company's main operating unit, Caesars Entertainment Operating Co Inc, filed in...

  • Sept 27- A U.S. district court judge in Kansas this week said lawsuits brought by U.S. farmers against seed company Syngenta AG over sales of biotech corn seeds not approved for import by China can proceed as a class action, according to a court filing. Judge John Lungstrum certified a nationwide class and statewide classes in Arkansas, Illinois, Iowa, Kansas,...

  • CHICAGO, Sept 27- Caesars Entertainment Corp said on Tuesday it has struck a crucial $5 billion deal with most of its casino operating unit's creditors, resolving billions of dollars in legal claims and paving the subsidiary's way out of a costly bankruptcy. The Las Vegas- based company's main operating unit, Caesars Entertainment Operating Co Inc, filed in...

  • CHICAGO, Sept 27- U.S. grain and oilseed futures were mostly higher on Tuesday, with soybeans rebounding from an earlier five-month low on support from investor short-covering ahead of a U.S. Department of Agriculture quarterly stocks report due on Friday. Rainfall delayed the U.S. corn and soybean harvests, while heavy precipitation could curb wheat output in...

  • CHICAGO, Sept 27- Hold-out creditors of Caesars Entertainment Corp's bankrupt operating unit accepted a sweetened $5 billion deal on Tuesday that could finally extricate the casino company from a costly bankruptcy. Following are key events in the $18 billion bankruptcy of the Las Vegas- based casino group's main operating unit, Caesars Entertainment...

  • The Las Vegas- based company's main operating unit, Caesars Entertainment Operating Co Inc, filed for bankruptcy in January 2015. Under the agreement, which still needs approval from the U. S Bankruptcy Court in Chicago, first-lien bank lenders will recover roughly 115 cents on the dollar, about 1 cent less than previously agreed upon. Junior creditors, who had...

  • CHICAGO— Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for December delivery was. 25 cent lower at $3.9560 a bushel; December corn was. 50 cent higher at $3.2960 bushel; December oats was. 50 cent higher at $1.7540 a bushel; while November soybeans lost 2.50 cents to $9.4260 a bushel. October live cattle was 1.90 cents lower at...

  • WASHINGTON— U.S. home prices rose again in July, pulled up by strong gains in Portland, Seattle and Denver. The Commerce Department reported Monday that new home sales fell 7.6 percent in August. Prices rose 12.4 percent in Portland, 11.2 percent in Seattle and 9.4 percent in Denver.

  • The Las Vegas- based company's main operating unit, Caesars Entertainment Operating Co Inc, filed for bankruptcy in January 2015. The deal still needs approval from the U. S Bankruptcy Court in Chicago. Under the agreement, Caesars and its private equity owners, Apollo Global Management and TPG Capital Management, offered junior creditors an increased recovery...

  • *USDA report shows bean harvest behind expectations. PARIS/ SINGAPORE, Sept 27- Chicago soybean futures edged higher on Tuesday as a U.S. report showed the harvest was progressing slower than expected due to heavy rain, recovering from a one-week low hit on Monday after forecasts for drier weather. The Chicago Board of Trade's most-active soybean contract was up...

  • Sept 27- Democrat Hillary Clinton and Republican Donald Trump traded barbs and accusations on Monday in the first debate ahead of the Nov. 8 U.S. presidential election. Following is a compilation of reaction to the debate from investors, economists and financial market analysts:. JAMES ATHEY, INVESTMENT MANAGER AT ABERDEEN ASSET MANAGEMENT:.

  • NEW YORK, Sept 26- A federal appeals court on Monday cleared the way for American Express Co to block merchants that accept its cards from steering customers toward lower-cost cards from other issuers. The 2nd U.S. Circuit Court of Appeals in New York said a lower court judge in Brooklyn erred in February 2015 in finding that American Express' "anti-steering" rules...

  • NEW YORK, Sept 26- A federal appeals court on Monday cleared the way for American Express Co to block merchants that accept its cards from steering customers toward lower-cost cards from other issuers. The 2nd U.S. Circuit Court of Appeals in New York said a lower court judge in Brooklyn erred in February 2015 in finding that American Express' "anti-steering" rules...

  • NEW YORK, Sept 26- A federal appeals court on Monday cleared the way for American Express Co to block merchants that accept its cards from steering customers toward lower-cost cards from other issuers. The 2nd U.S. Circuit Court of Appeals in New York said a lower court judge in Brooklyn erred in February 2015 in finding that American Express' "anti-steering" rules...

  • NEW YORK— Does "Pokemon Go" have a second act? Crowds stampeded after a Vaporeon in Central Park and people fell off cliffs playing it in California. At an Apple event on Sept. 7, Niantic CEO John Hanke said 500 million people had downloaded the game in just two months.