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  • NEW YORK, March 6- U.S. consumers battered by the wretched winter weather still afflicting much of the eastern half of the country have responded by ordering in rather than eating out, flying more frequently to Florida and cutting out trips to the mall, according to a Reuters review of company data. While the relentless weather has dented traffic and sales for...

  • MIAMI— Mixed signals from the Supreme Court have states on edge about the future of health insurance subsidies for millions of Americans. The case sets up an intriguing political backdrop for states like Florida and Texas, both led by Republican governors staunchly opposed to the law. Florida has more people on the health care plan than any other state and most...

  • US STOCKS-Wall St up slightly ahead of jobs report Thursday, 5 Mar 2015 | 3:15 PM ET

    *AbbVie to buy Pharmacyclics for about $21 bln. NEW YORK, March 5- U.S. stocks were modestly higher on Thursday after two days of declines as investors held back on big bets ahead of Friday's jobs report, which is expected to be a big factor in influencing the timing of a Federal Reserve interest rate hike. "People are taking a wait-and-see approach ahead of the jobs...

  • Grain mixed, livestock mixed Thursday, 5 Mar 2015 | 10:53 AM ET

    CHICAGO— Grain futures were mostly lower Thursday on the Chicago Board of Trade. Wheat for May delivery were off 15.50 cents to $4.8050 a bushel; May corn rose 1 cent to 3.9050 a bushel; May oats were 1.75 cents higher at $2.8650 a bushel; while May soybeans declined 8.50 cents to $9.8550 a bushel. April live cattle was off. 78 cent to $1.5327 a pound; May feeder cattle...

  • Methode tops 3Q profit forecasts Thursday, 5 Mar 2015 | 6:48 AM ET

    CHICAGO _ Methode Electronics Inc. on Thursday reported fiscal third-quarter net income of $27.1 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. Four analysts surveyed by Zacks expected $209.7 million.

  • Ares Commercial Real Estate posts 4Q profit Thursday, 5 Mar 2015 | 6:33 AM ET

    CHICAGO _ Ares Commercial Real Estate Corp. on Thursday reported fourth-quarter net income of $8.9 million. Ares Commercial Real Estate expects full-year earnings to be $1.02 to $1.14 per share. Ares Commercial Real Estate shares have climbed almost 6 percent since the beginning of the year.

  • March 5- AbbVie Inc is to buy Pharmacyclics Inc for about $21 billion, giving it access to what is expected to be one of the world's top-selling cancer drugs and expanding its reach in the profitable oncology field. AbbVie will pay $261.25 per share in cash and stock, a 13 percent premium to Pharmacyclics stock's closing price on Wednesday. Deutsche Bank analyst...

  • *Trade flows in Asia changing due to stronger greenback. *Japan reducing corn purchases from US, taking more S.America. Japan, the world's top corn importer, has seen the yen drop around 14 percent against the greenback since September, while the rupiah in Indonesia, Asia's biggest wheat buyer, has lost about 11 percent.

  • *AbbVie to pay $261.25 per share in cash and stock. The deal gives AbbVie access to Pharmacyclics' cancer drugs portfolio, lessening the Chicago- based company's dependence on its rheumatoid arthritis drug Humira that accounts for most of its sales. "Imbruvica is not only complementary to AbbVie's oncology pipeline, it has demonstrated strong clinical...

  • March 4- A plan by McDonald's Corp to phase out chicken raised with certain kinds of antibiotics at its 14,000 U.S. restaurants will put additional pressure on an already-stressed supply chain. Available product has been so tight that when six of the largest U.S. school districts tried to make the switch to antibiotic-free poultry last year, chicken sellers...

  • LAS VEGAS— A federal judge in Chicago ruled Wednesday that a bankrupt division of Caesars Entertainment Corp. can tap some of the $847 million in cash it has on hand for at least five weeks. Judge Benjamin Goldgar said Caesars Entertainment Operating Co. could access its cash in the interim despite objections from some of the company's creditors.

  • SP Plus posts 4Q profit Wednesday, 4 Mar 2015 | 6:07 PM ET

    CHICAGO _ SP Plus Corp. on Wednesday reported fourth-quarter net income of $9.2 million. SP Plus expects full-year earnings in the range of 93 cents to $1.03 per share. SP Plus shares have dropped nearly 10 percent since the beginning of the year.

  • Fed survey finds US economy growing at moderate pace Wednesday, 4 Mar 2015 | 2:01 PM ET

    The Boston district said businesses in its area remained upbeat despite a series of huge snowstorms. Fed Chair Janet Yellen delivered the central bank's semiannual economic report to Congress last week and indicated that the Fed is still willing to be "patient" in terms of raising interest rates because of weak wage growth and inflation well below the Fed's 2...

  • Technology is raising a high bar for high-end mixology Wednesday, 4 Mar 2015 | 1:42 PM ET

    Take the "Highlander," a cocktail offered at Barmini in Washington, D.C. The drink is a combination of bartender Juan Coronado's favorite highland ingredients, scotch and mezcal from Oaxaca, combined with a touch of simple syrup and served in a glass with a floating cloud of creme de cocoa, rosemary, citrus peels and dry ice. "It's quite amazing to see this floating...

  • Grain mostly lower, livestock higher Wednesday, 4 Mar 2015 | 11:04 AM ET

    CHICAGO— Grain futures were mostly lower Wednesday on the Chicago Board of Trade. Wheat for May delivery were off 10 cents to $4.96 a bushel; May corn fell 1.50 cents to 3.8950 a bushel; May oats were 1 cent higher at $2.8475 a bushel; while May soybeans declined 18.25 cents to $9.94 a bushel. April live cattle was up 3 cents to $1.5405 a pound; May feeder cattle rose 4.50...

  • March 4- McDonald's Corp's U.S. restaurants will gradually stop buying chicken raised with antibiotics vital to fighting human infections, the most aggressive step by a major food company to force chicken producers to change practices in the fight against dangerous' superbugs.'. The world's biggest restaurant chain announced on Wednesday that within two...

  • March 4- McDonald's Corp's U.S. restaurants will gradually stop buying chicken raised with antibiotics vital to fighting human infections, the most aggressive step by a major food company to force chicken producers to change practices in the fight against dangerous "superbugs." The world's biggest restaurant chain will announce on Wednesday that within two...

  • Tribune Publishing posts 4Q profit Wednesday, 4 Mar 2015 | 8:30 AM ET

    CHICAGO _ Tribune Publishing Co. on Wednesday reported net income of $15.5 million in its fourth quarter. Tribune Publishing expects full-year revenue in the range of $1.65 billion to $1.67 billion. Tribune Publishing shares have declined 12 percent since the beginning of the year.

  • CHICAGO— A former software engineer for CME Group who pleaded guilty in 2012 to stealing source code to create a similar program in China won't spend any time in prison. Chunlai Yang of Libertyville was sentenced Tuesday to four years of probation for stealing software that underpinned the CME Group's Globex trading platform. Prosecutors said the 50-...

  • SAN FRANCISCO— While 72 passengers have settled their personal-injury claims stemming from the crash of an Asiana Airlines flight in San Francisco two years ago, other people are continuing their legal fight with the airliner and others involved in the accident that killed three Chinese teenagers and injured nearly 200 people. Arthur Wolk, a lawyer...