A plan to renovate 99-year-old Wrigley Field will be a 'great deal' for Chicago's economy, according to Cubs owner Tom Ricketts.» Read More
A slowdown in British inflation sent sterling to a 7- week low on the view it could give the Bank of England more leeway to support the UK economy, and the yen lost ground after a Japanese minister rowed back on remarks suggesting the currency had weakened enough.
*Corn plantings still lag five-year average pace. CHICAGO, May 21- Occasional rainfall over the next week to 10 days will slow seedings of the U.S. corn crop, which was planted at a record fast pace last week, an agricultural meteorologist said on Tuesday.
WINNIPEG, Manitoba/ CHICAGO, May 21- The United States is poised to introduce stricter rules on the labeling of meat imports this week, a move that is likely to heat up a simmering trade dispute with Canada and Mexico.
LONDON, May 21- The dollar edged higher, gold steadied and European shares remained near five-year highs on Tuesday as investors wait to see if the U.S.
CHICAGO, May 20- Caterpillar Inc said late on Monday that it would resume contract talks with the union representing about 800 Milwaukee workers who make specialized mining machinery.
TOKYO, May 21- Japan's Nikkei share average is expected to pull back from a 5-1/ 2- year high on Tuesday as Wall Street ended flat and the dollar slipped against the yen on caution before U.S. Nikkei futures in Chicago closed at 15,320 on Monday, down 0.5 percent from the Osaka close.
We've worked with Boeing to fix them. Smisek and Boeing CEO Jim McNerney were on the flight from Houston on Monday. Regulators grounded the Dreamliner worldwide on Jan. 16 after batteries burned on two jets, prompting Boeing to redesign the battery system.
*Corn sags on expectations of record planting report. *Wheat prices hit lowest since April 2 before short covering. Corn futures eased due to a pick-up in planting around the U.S.
Chicago Fed President Charles Evans said the Fed has the appropriate level of monetary accommodation in place to let the reach "escape velocity" next year.
*Gold also shoots up from 1- month low and 7 days of losses. NEW YORK/ LONDON, May 20- Gold and silver prices gained about two percent on Monday after a roller-coaster session that opened with a gut-wrenching dive in silver prices to their lowest in 2-1/ 2 years before an abrupt midday turnaround.
CHICAGO, May 20- Caterpillar Inc said on Monday that retail demand for its construction and mining equipment continued to be sluggish in April, though the sales picture appeared to be improving in almost every market outside North America. Latin America continued to be a bright spot for Caterpillar.
SAN FRANCISCO, May 20- Two of the nation's biggest online food delivery businesses said they are merging in a deal that they hope will drive more orders, in more cities, through their platforms. Think restaurant reservations, where OpenTable dominates, or car services, where privately held startups such as Uber are making significant inroads.
CHICAGO-- Voice services provider Neutral Tandem Inc. is planning a quarterly dividend of 6.25 cents per share and a special dividend of $1.25 per share within the next three months. The company, which does business as Inteliquent, said it has also reached a deal with Clinton Group Inc. to appoint at least one new independent board member before year's end.
*Corn sags on expectations of record planting report. *Wheat prices the lowest since April 3. CHICAGO, May 20- U.S. grain and soybean futures traded mostly lower on Monday, pressured by a pickup in planting around the U.S.
NEW YORK-- Target Corp.' s first-quarter financial results Wednesday should offer insight into how its shoppers are grappling with a payroll tax and other financial issues.
*SEC warns municipalities not to gloss over financial health. When on May 6 the SEC charged the cash-strapped capital city of Pennsylvania, it effectively put officials across the country on notice that even political statements like annual state of the city addresses must not overstate financial conditions.
*Corn planting to slow early in the week. CHICAGO, May 20- Wet weather is expected in most of the U.S. "The rain will favor areas generally north of Interstate 80, but it will include most of Iowa.
TOKYO, May 20- The Nikkei share average is set to extend its record-breaking run on Monday, as further weakness in the yen and signs of an improving U.S. economic outlook bolsters prospects for higher Japanese corporate earnings in the current business year.
CHICAGO, May 19- Financial trading in world markets has grown so lightning-fast that effective regulation is growing tougher by the second, increasing the threat of crashes sparked by hoaxes, electronic glitches or yet-unknown causes.
GAZIPUR, Bangladesh, May 20- A Bangladesh factory where Wal-Mart Stores Inc and Inditex SA inspectors spotted cracks in the wall this month is still making Wrangler shirts for the world's largest apparel maker, U.S.-based VF Corp..