Top News & Analysis Chicago

  • CHICAGO, Aug 5- The United States has taken another step toward clearing the way for a trial of genetically modified mosquitoes in Florida as a way of reducing populations of mosquitoes that carry Zika. The announcement comes as Florida officials ramp up aerial pesticide spraying of a neighborhood in Miami, Florida- the first state to report local transmission...

  • NEW YORK, Aug 5- A U.S. stock market that rose again to record highs on Friday on the back of a robust employment report will take its cues next week from a facet of the economy that also has shown signs of strength: the consumer. Quarterly earnings reports from department store operators including Macy's, luxury goods companies such as Michael Kors and...

  • NEW YORK, Aug 5- U.S. stocks were on track for their best day in a month on Friday, with the S&P 500 touching a record intraday high after a second straight month of robust labor market data heightened expectations for acceleration in economic growth. The U.S. Labor Department report showed that nonfarm payrolls rose by 255,000 in July, far outpacing expectations...

  • *USDA confirms soy sale for 8th consecutive trading day. Soybeans were the leader in the markets, traders said, after the U.S. Department of Agriculture reported that exporters had struck deals to sell 498,000 tonnes of U.S. soybeans to top-importer China for delivery in the new-crop marketing year that starts on Sept. 1. It was the eighth consecutive trading day...

  • Medical records

    Illinois-based Advocate Health Care Network will pay $5.55 million to federal regulators.

  • PARIS/ SYDNEY, Aug 5- U.S. soybeans rose 1 percent on Friday, extending a rebound from 3-1/ 2 month lows earlier this week, as strong export demand offset supply pressure linked to favorable harvest prospects. The most active soybean futures on the Chicago Board Of Trade rose 1.15 percent to $9.67-3/ 4 a bushel by 1118 GMT, after closing slightly higher on Thursday.

  • The most active soybean futures on the Chicago Board Of Trade rose 1.25 percent to $9.68-3/ 4 a bushel, near the session high of $9.72 a bushel- the highest since August 1. "The export demand, particularly from China, is looking good then we are seeing some upside," said Phin Ziebell, agribusiness economist, National Australia Bank. In addition, the USDA confirmed...

  • SYDNEY, Aug 5- U.S. soybeans rose 1 percent on Friday on strong demand for U.S. supplies, though soybeans were set to record weekly losses of more than 3 percent as favorable weather forecasts boosted expectations of ample supplies. *The U.S. Department of Agriculture reported weekly export sales of U.S. wheat for the current crop year at 326,500 tonnes, below trade...

  • CHICAGO, Aug 4- Wal-Mart Stores Inc has implemented a new system for scheduling workers at 650 U.S. stores, the company said, as it aims to improve staffing levels during peak shopping times and offer more certainty over hours for employees. Wal-Mart is investing $2.7 billion on pay and benefits and has led major retailers in raising minimum wages to $10 per hour.

  • CHICAGO, Aug 4- Wal-Mart Stores Inc has implemented a new system for scheduling workers at 650 U.S. stores, company sources and store workers said, as it aims to improve staffing levels during peak shopping times and offer more certainty over hours for employees. Wal-Mart is investing $2.7 billion on pay and benefits and has led major retailers in raising minimum...

  • CHICAGO, Aug 4- Prices for Chicago general obligation bonds rose in secondary market trading on Thursday as the municipal market welcomed Mayor Rahm Emanuel's plan to shore up the city's biggest retirement fund. The price improvement narrowed the spread over Municipal Market Data's benchmark triple-A yield scale for some Chicago bonds by about 20 basis...

  • CHICAGO, Aug 4- U.S. wheat and corn futures fell on Thursday on disappointing export sales and prospects for rising global inventories, traders said. At the Chicago Board of Trade, September wheat settled down 7 cents at $4.03-1/ 4 per bushel and December corn ended down 4 cents at $3.31 a bushel. "Wheat caught another wave of chart selling and disappointment over the...

  • WASHINGTON, Aug 4- As the U.S. Treasury Department decides whether to license sales of Boeing Co and Airbus commercial aircraft to Iran, opponents of last year's nuclear pact with the Islamic republic have launched a lobbying campaign against the deals. The international agreement to curb Iran's nuclear program made such sales possible by easing sanctions on...

  • Shares of the company, created when Kraft Foods Group merged with H.J. Still, net income attributable to the company jumped to $770 million, or 63 cents per share, in the quarter ended July 3, on a pro forma basis, which assumes that the two companies were a single entity in both periods. Pro-forma net sales fell 4.7 percent to $6.79 billion, in-line with the average...

  • WASHINGTON, Aug 4- As the U.S. Treasury Department decides whether to license sales of Boeing Co and Airbus commercial aircraft to Iran, opponents of last year's nuclear pact with the Islamic republic have launched a lobbying campaign against the deals. The international agreement to curb Iran's nuclear program made such sales possible by easing sanctions on...

  • CHICAGO, Aug 4- Wal-Mart Stores Inc has implemented a new scheduling system for hourly employees at 650 U.S. stores, which lets the company focus on serving peak shopping times while allowing employees to exercise scheduling preferences, according to company sources and interviews with store workers. The system, called Customer First Scheduling, largely...

  • *Genscape data shows Cushing draw above 89,000 bbls- traders. *Cushing data adds to momentum from U.S. gasoline drawdown. NEW YORK, Aug 4- Oil prices rose nearly 3 percent on Thursday, with U.S. crude advancing firmly above the $40- per-barrel mark on short-covering and after a modest stockpile drop at the delivery hub for U.S. crude futures.

  • *Bank of England cuts lending rate to record low. NEW YORK, Aug 4- Wall Street held near the unchanged mark on Thursday as investors exercised caution ahead of Friday's U.S. payrolls report. "It was a mixed bag of economic results that beat expectations but they were themselves lower, a mixed bag of earnings, so there wasn't that much to move the market in any particular...

  • At the Chicago Board of Trade the benchmark November soybean contract was up 6 cents at $9.60-1/ 2 per bushel as of 1:02 p.m. CDT. September wheat fell 6 cents at $4.04-1/ 4 a bushel and December corn was down 2 cents at $3.33 a bushel. Soybeans rose after the U.S. Department of Agriculture reported better-than-expected export sales in the week to July 28, and...

  • CHICAGO, Aug 4- Wal-Mart Stores Inc has implemented a new scheduling system at 650 stores across the United States, with plans to eventually roll it out across the country, according to company sources. The new system, which is called Customer First Scheduling, prioritizes peak shopping hours in a store so that those shifts are filled first. It takes into account...