As talks surrounding the Malaysia jet lawsuit continue, some argue the case won't have a strong chance in the U.S.» Read More
WASHINGTON— A surge of eleventh-hour enrollments has improved the outlook for President Barack Obama's health care law, with more people signing up overall and a much-needed spark of interest among young adults.
SAN DIEGO— U.S. Customs and Border Protection said Thursday that it has reached agreement with an investor group to clear the way for construction of the nation's first cross-border airport terminal connecting San Diego and Tijuana, Mexico.
DETROIT, April 17- The federal judge overseeing Detroit's historic bankruptcy case has revived the idea of a regional water authority and also suggested the city may need court oversight after it emerges from bankruptcy.
*U.S., Russia, Ukraine and EU issue joint statement. LOS ANGELES, April 17- Brent crude oil fell on Thursday, stalling below $100 a barrel after the United States, Russia, Ukraine and the European Union jointly called for an end to the violence in Ukraine, taking some risk premium out of the market, while U.S. oil rose on positive economic data.
WASHINGTON— It may be a few years before the first daughters head to college, but Michelle Obama is already brainstorming a dorm room checklist while encouraging high school students to dream big about their education beyond graduation. The first lady told a group of students Thursday that a high school diploma is not enough in today's global economy.
April 17- With the Chicago weather finally getting a little nicer, Chris Anderssen wanted to grill some burgers outside for a group of family and friends. Retail beef and pork prices reached all-time highs last month, according to Bill Hahn, agricultural economist at the U.S. Department of Agriculture's Economic Research Service.
*Wheat gains on weather concerns, exports. CHICAGO, April 17- U.S. wheat futures firmed on Thursday, supported by short-covering, concerns that a recent cold snap in key growing areas damaged some of the crop and worries that grain shipments from the Black Sea could be disrupted by political unrest in Ukraine, traders said.
April 17- Companies looking to go public in the United States will have to temper their expectations as investors begin to question valuations in a crowded market. Sabre Corp, the airline ticketing technology provider that also owns online travel agency Travelocity, sold fewer shares than expected and priced them below the targeted range.
NEW YORK/ LONDON, April 17- Platinum prices fell to their lowest in more than two weeks on Thursday, reversing initial gains after South Africa's biggest platinum producers offered to raise wages for miners in a bid to end a 13- week-old strike that has curbed metal output.
*U.S., Russia, Ukraine and EU issue joint statement. LOS ANGELES, April 17- Brent crude oil fell on Thursday after the United States, Russia, Ukraine and the European Union joined to call for an end to the violence in Ukraine, taking some risk premium out of the market, while U.S. oil rose on positive economic data.
*Wheat firms on weather concerns, exports. Corn and soybeans eased, with soy setting back on some mild profit taking after bigger-than-expected crush data sparked a rally that pushed prices to a nine-month high earlier in the week.
Detroit bankruptcy judge brought the idea of a regional water authority back to life,ordering the city and three counties to mediate over the issue.
The order by Judge Steven Rhodes comes after Detroit said in a court filing earlier this week that it had dropped the concept of a Great Lakes Water Authority from its plan to adjust $18 billion of debt and other obligations and exit from the biggest municipal bankruptcy in U.S. history.
CHICAGO— Grain futures were mostly lower Thursday on the Chicago Board of Trade. Wheat for May delivery rose 3.25 cents to $6.9125 a bushel; May corn was 2.75 cents lower at 4.9475 a bushel; May oats were 1 cent lower at $4.04 a bushel; while May soybeans declined 4.75 cents to $15.14 a bushel.
RIZHAO, China, April 17- Chinese buyers may default on a further 1.2 million tonnes of soybeans worth about $900 million being shipped from the United States and South America, to avoid incurring huge losses in a depressed local market, the country's top soy buyer said.
LAUNCESTON, Australia, April 17- In an otherwise upbeat report on the outlook for China's gold demand, the World Gold Council slipped in some details about the use of the precious metal for credit deals.
ALBANY, N.Y.— An official familiar with the investigation said the New York Attorney General's Office has issued subpoenas to six firms and sent a letter to another for details about split-second stock trading and any unfair advantages.
*Troop carriers enter east Ukraine bearing Russian, separatist flags. April 16- Brent crude rose toward $110 a barrel on Wednesday on mounting tensions in Ukraine, while prices for U.S. oil were nearly unchanged after a report showed a huge build in stockpiles, which canceled out geopolitical concerns.
*Wheat posts biggest decline in two weeks. *Corn falls on forecasts for improved U.S. planting weather. Wheat led the way, giving up nearly 2 percent on expectations for a turn to better crop weather in the U.S.
*Prices fall as China growth beats expectations, stocks rise. NEW YORK, April 16- U.S. Better-then-expected growth in China, the world's largest economy, and a rally in Yahoo shares helped stocks rise for a third straight session.