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Top News & Analysis Chicago

  • WASHINGTON, Feb 8- President Donald Trump blasted department store chain Nordstrom Inc on Wednesday for dropping his daughter Ivanka's clothing line, prompting critics to accuse him of misusing public office to benefit his family's sprawling business empire. After Trump's highly unusual move to use a White House platform to intervene in a commercial...

  • *Nasdaq closes at record high for 2nd straight day. Feb 8- The S&P 500 ended slightly higher on Wednesday as investors digested mixed earnings reports, while the Dow Jones Industrial Average slipped as bank stocks weighed. Major U.S. stock indexes are hovering around record highs after a rally following the Nov. 8 election of President Donald Trump amid...

  • President Donald Trump's Twitter attack on Nordstrom Inc on Wednesday for dropping his daughter Ivanka's clothing line raised concerns about the use of his White House platform for his family's businesses. In response to the Twitter comment Trump posted criticizing Nordstrom, which has said its move was based on the sales performance of the Ivanka Trump...

  • President Donald Trump on Wednesday attacked Nordstrom Inc for what he said was its unfair treatment of his daughter Ivanka after its decision to not purchase her clothing line for this upcoming season. Shares of the retailer fell 0.7 percent after the president's criticism but recovered to trade up 1.3 percent at $43.34 on the New York Stock Exchange.

  • *Q4 adj profit 23 cents/ shr vs. est 25 cents/ shr. On an adjusted basis, the company earned 23 cents per share, missing the average analysts' estimate of 25 cents per share, according to Thomson Reuters I/B/E/S. The company's net income rose to $13.6 million, or 16 cents per share, in the fourth quarter ended Dec. 31, from $11.3 million, or 13 cents per share, a year earlier.

  • On an adjusted basis, the company earned 23 cents per share, missing the average analysts' estimate of 25 cents per share, according to Thomson Reuters I/B/E/S. The company's net income rose to $13.6 million, or 16 cents per share, in the fourth quarter ended Dec. 31, from $11.3 million, or 13 cents per share, a year earlier. The company, whose network covers over 1,100 U.S....

  • A sign points toward a building renting tiny apartments in Seattle.

    Landlord alert: Seattle is hot, but not the hottest opportunity for home-rental investing.

  • This year, the Chicago Democrat will become longest-serving state or federal House speaker in the United States since at least the early 1800 s. Madigan is to Illinois what his late mentor, Mayor Richard J. Daley, was to Chicago, the state's great metropolis- a city the political boss once controlled down to the last garbage truck. But if Daley's Chicago was "the city...

  • This year, the Chicago Democrat will become longest-serving state or federal House speaker in the United States since at least the early 1800 s. Madigan is to Illinois what his late mentor, Mayor Richard J. Daley, was to Chicago, the state's great metropolis- a city the political boss once controlled down to the last garbage truck. But if Daley's Chicago was "the city...

  • This year, the Chicago Democrat will become longest-serving state or federal House speaker in the United States since at least the early 1800 s. Madigan is to Illinois what his late mentor, Mayor Richard J. Daley, was to Chicago, the state's great metropolis- a city the political boss once controlled down to the last garbage truck. But if Daley's Chicago was "the city...

  • SPRINGFIELD, Illinois, Feb 8- As speaker of the Illinois House of Representatives, Michael Madigan has outlasted five governors and is now on his sixth. This year, the Chicago Democrat will become longest-serving state or federal House speaker in the United States since at least the early 1800 s. Madigan is to Illinois what his late mentor, Mayor Richard J. Daley, was...

  • SPRINGFIELD, Illinois, Feb 8- As speaker of the Illinois House of Representatives, Michael Madigan has outlasted five governors and is now on his sixth. This year, the Chicago Democrat will become longest-serving state or federal House speaker in the United States since at least the early 1800 s. Madigan is to Illinois what his late mentor, Mayor Richard J. Daley, was...

  • SPRINGFIELD, Illinois, Feb 8- As speaker of the Illinois House of Representatives, Michael Madigan has outlasted five governors and is now on his sixth. This year, the Chicago Democrat will become longest-serving state or federal House speaker in the United States since at least the early 1800 s. Madigan is to Illinois what his late mentor, Mayor Richard J. Daley, was...

  • SYDNEY, Feb 8- U.S. soybeans edged up on Wednesday to hit a near two-week high as strong demand for U.S. supplies pushed the oilseed to its third consecutive gain. *The most active soybean futures on the Chicago Board Of Trade rose 0.2 percent to $10.44-1/ 2 a bushel, near the session high of $10.45-1/ 2 a bushel- the highest since Jan. 27. *The U.S. Agriculture Department's...

  • STOCKHOLM- OECD Secretary-General Angel Gurria and Swedish Finance Minister Magdalena Andersson will attend a press conference- 1200 GMT. STOCKHOLM- OECD Secretary-General Angel Gurria and Sweden Finance Minister Magdalena Andersson will attend a press conference- 1230 GMT. STOCKHOLM- Riksbank executive board meeting.

  • STOCKHOLM- OECD Secretary-General Angel Gurria and Swedish Finance Minister Magdalena Andersson will attend a press conference- 1200 GMT. STOCKHOLM- OECD Secretary-General Angel Gurria and Sweden Finance Minister Magdalena Andersson will attend a press conference- 1230 GMT. STOCKHOLM- Riksbank executive board meeting.

  • STOCKHOLM- OECD Secretary-General Angel Gurria and Swedish Finance Minister Magdalena Andersson will attend a press conference- 1200 GMT. STOCKHOLM- OECD Secretary-General Angel Gurria and Sweden Finance Minister Magdalena Andersson will attend a press conference- 1230 GMT. STOCKHOLM- Riksbank executive board meeting.

  • Feb 7- The possibility New York City could lose some federal funding as a result of its status as a haven for undocumented immigrants did not deter investors who snapped up $900 million of the city's bonds on Tuesday. Jack Sterne, a spokesman for the New York City Comptroller's Office, said the deal was increased to $900 million after more than $600 million of bonds...

  • CHICAGO, Feb 7- U.S. agricultural trader Archer Daniels Midland Co said on Tuesday it expects to benefit from several major policy changes proposed by President Donald Trump and believes it can adjust to any potential disruptions to trade with key partners such as Mexico. The Chicago- based agribusiness downplayed concerns that a trade war could erupt over the...

  • CHICAGO, Feb 7- U.S. agricultural trader Archer Daniels Midland Co on Tuesday reported a 41 percent drop in quarterly profit from a year earlier, when the company recorded one-time gains of nearly $400 million. Net earnings attributable to the company fell to $424 million, or 73 cents per share, in the fourth quarter ended Dec. 31, from $718 million, or $1.19 per share,...