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Top News & Analysis Chicago

  • WASHINGTON/ SEATTLE, Nov 4- A fire on an American Airlines passenger plane as it was taking off from Chicago's O'Hare International Airport last week was sparked when the right engine broke apart, the U.S. National Transportation Safety Board said on Friday. Pilots applied brakes to the Boeing 767-300 jetliner bound for Miami and aborted the takeoff of Flight...

  • Nov 4- The S&P 500 index was on track to snap its eight-day losing streak, its longest since 2008, even as worries over the outcome of the U.S. presidential election continued to weigh on investor sentiment. Investors have been unnerved by signs the U.S. presidential race between Democrat Hillary Clinton and Republican Donald Trump is tightening, after Clinton...

  • Chicago Cubs first baseman Anthony Rizzo and center fielder Dexter Fowler and third baseman Kris Bryant and right fielder Jason Heyward celebrate during their World Series parade outside of Wrigley Field on Addison Street.

    The city of Chicago celebrates the 2016 World Series Champion, the Chicago Cubs.

  • At a meeting of OPEC experts last week, Riyadh threatened to raise oil output steeply to bring prices down if Tehran refused to limit its production, a source from the Organization of the Petroleum Exporting Countries told Reuters. A Gulf OPEC source, however, said Saudi Arabia "did not threaten" anyone with production increases at an OPEC experts meeting last...

  • WASHINGTON, Nov 4- A fire on an American Airlines passenger plane as it was taking off from Chicago's O'Hare International Airport last week was sparked by the uncontained failure of the right engine, the U.S. National Transportation Safety Board said on Friday. Pilots applied the brakes to the Boeing 767 bound for Miami and did not complete the takeoff of Flight...

  • Investors have been unnerved by signs the U.S. presidential race between Democrat Hillary Clinton and Republican Donald Trump is tightening, after Clinton had until recently been thought to have a clear lead. Nonfarm payrolls increased by 161,000 jobs last month amid gains in construction, healthcare and professional and business services, the Labor...

  • NATIONAL TRANSPORTATION SAFETY BOARD SAYS ENGINE FAILURE IN AMERICAN AIRLINES PLANE ON OCT 28 LED TO FUEL LEAK AND FIRE AT CHICAGO'S O'HARE AIRPORT.

  • There was no booing and no slow handclapping when Garry Jones, chief executive of the London Metal Exchange, rose to address the exchange's annual black-tie dinner at the Grosvenor House Hotel in London. Because, as Farmer pointedly noted, "there are many exchange competitors and even some here in London who are waiting in the wings and would be very happy to take...

  • Voters in this small city in the San Francisco Bay area will be voting on a penny-per-ounce soda tax Tuesday. Proponents are pushing for lawmakers in Birmingham to consider a penny-per-ounce tax on sugary beverages to fill a shortfall for Medicaid. Voters in this small city in the San Francisco Bay will be voting on a penny-per-ounce soda tax on Nov. 8.

  • Voters in this small city in the San Francisco Bay area will be voting on a penny-per-ounce soda tax Tuesday. Proponents are pushing for lawmakers in Birmingham to consider a penny-per-ounce tax on sugary beverages to fill a shortfall for Medicaid. Voters in this small city in the San Francisco Bay will be voting on a penny-per-ounce soda tax on Nov. 8.

  • *USDA seen forecasting higher yields in report next week. SINGAPORE, Nov 4- Chicago soybeans and corn slid on Friday with both poised for their biggest weekly losses since late August on expectations of further increases in crop yields in next week's U.S. Department of Agriculture report. The Chicago Board of trade most-active soybean contract is down 2.6...

  • SYDNEY, Nov 4- U.S. soybeans edged higher on Friday, but were still poised to record their biggest weekly loss in more than two months as expectations of ample global supplies weighed on prices. *Wheat was further pressured by Egypt's move to float their pound, which could lead to a weaker currency and lift costs for importers in Egypt, the world's top buyer.

  • MEXICO CITY- Federal Reserve Bank of Dallas President Rob Kaplan speaks at an Association of Banks of Mexico forum- 1600 GMT. CHICAGO- Federal Reserve Board Governor Lael Brainard speaks before the 19th Annual International Banking Conference hosted by the Federal Reserve Bank of Chicago- 1300 GMT. CHICAGO- European Central Bank Vice President Vitor...

  • MEXICO CITY- Federal Reserve Bank of Dallas President Rob Kaplan speaks at an Association of Banks of Mexico forum- 1600 GMT. CHICAGO- Federal Reserve Board Governor Lael Brainard speaks before the 19th Annual International Banking Conference hosted by the Federal Reserve Bank of Chicago- 1300 GMT. CHICAGO- European Central Bank Vice President Vitor...

  • CHICAGO, Nov 3- Mary Anne Ehlert came by her expertise in financial planning for special-needs families the hard way: she has lived through the challenge herself. Ehlert, a certified financial planner based in Lincolnshire, Illinois, has a sister who was born with cerebral palsy, and a son who suffers from blindness and mental illness. Both of her parents developed...

  • Nov 3- Kraft Heinz Co, the maker of Velveeta cheese, Heinz ketchup and Oscar Mayer meats, reported on Thursday quarterly sales fell 1.5 percent, as the company continues to cope with changing consumer tastes. Kraft Heinz was formed after Kraft Foods Group merged with H.J. Adjusted net sales in the third quarter ended Oct. 2 fell to $6.27 billion from $6.36 billion a...

  • Andrew Berlin

    The Chicago Cubs' brand and identity may be changing after winning the World Series, Cubs Partner Andrew Berlin says.

  • *Yields rise as Bank of England projects higher inflation. NEW YORK, Nov 3- Global equity prices drifted lower on Thursday as worries about the U.S. presidential election continued to weigh on investor sentiment, while sterling rose after a UK court ruled that the British government needed parliamentary approval to trigger Brexit. Treasury prices slipped...

  • Nov 3- U.S. stocks reversed course to trade lower on Thursday as concerns over the tightening race for the White House and a fall in Facebook's shares weighed on sentiment. Facebook fell as much as 5.9 percent to a more than three-month low of $119.61 after the social media giant warned that revenue growth would slow this quarter. Investors have been unnerved by...

  • *UK court rules parliament approval must to trigger Brexit. Facebook fell as much as 5.5 percent to a more than three-month low of $120.12 after the social media giant warned that revenue growth would slow this quarter. Tension in markets, rattled by U.S. election nerves, also eased after a UK court ruling that parliament must approve a government decision to...