GO
Loading...

Chicago

More

  • Correction: Illinois Schools-State Payments story Friday, 18 Jul 2014 | 3:47 PM ET

    CHICAGO— In a July 9 story about Illinois making its school grant payments on time, The Associated Press misidentified the state retirement system that the state previously overpaid. Illinois sends schools checks on time, a rare move.

  • Gold and silver prices settle lower after jump Friday, 18 Jul 2014 | 3:19 PM ET

    Gold prices settled lower to end the week, a day after concerns about a conflict between Russia and Ukraine shot prices up. Gold for August delivery fell $7.50, or 0.6 percent, to $1,309.40 an ounce. Speculation that tensions between Russia and Ukraine could boil over sent traders into precious metals.

  • NEW YORK/ LONDON, July 18- Gold dropped nearly 1 percent on profit-taking on Friday after rallying the previous day on the shooting down of a passenger plane in eastern Ukraine, but traders said interest in bullion will be quick to rise again if geopolitical tensions heighten.

  • WASHINGTON, July 18- North Dakota's Bakken oil patch has thrived thanks in large part to the once-niche business of hauling fuel on U.S. rail tracks.

  • Grain mostly lower, beef mostly higher, pork mixed Friday, 18 Jul 2014 | 10:56 AM ET

    CHICAGO— Grain futures were lower Friday on the Chicago Board of Trade. Wheat for Sept delivery was 18.50 cents lower at $5.3225 a bushel; Sept corn was 8.25 cents lower at 3.7125 a bushel; Dec oats were 7 cents lower at $3.2525 a bushel; while Nov soybeans were 8.75 cents lower at $10.8525 a bushel.

  • Michigan denies Detroit oil byproduct storage Friday, 18 Jul 2014 | 9:40 AM ET

    TRAVERSE CITY, Mich.— A company cannot store piles of petroleum coke at an open riverfront site in Detroit because it does not have adequate measures in place to control dust, a Michigan state agency said Thursday.

  • Why airlines didn't avoid risky Ukraine airspace Friday, 18 Jul 2014 | 3:02 AM ET

    The possibility that the civilian jetliner downed over war-torn eastern Ukraine with nearly 300 people onboard was hit by a missile could have profound consequences for the world's airlines. In the hours after Thursday's disaster involving a Malaysia Airlines jet, carriers around the globe began rerouting flights to avoid Ukraine.

  • *Malaysian airliner downed over eastern Ukraine. SAN FRANCISCO, July 17- U.S. crude oil jumped by more than $2 on Thursday after a Malaysian airliner was shot down over eastern Ukraine, dramatically escalating the crisis between Russia and the West one day after the U.S. ratcheted up sanctions against Moscow.

  • *Malaysian airliner downed over eastern Ukraine. SAN FRANCISCO, July 17- U.S. crude oil jumped by more than $2 on Thursday after a Malaysian airliner was shot down over eastern Ukraine, dramatically escalating the crisis between Russia and the West one day after the U.S. ratcheted up sanctions against Moscow.

  • NEW YORK, July 17- The U.S. Securities and Exchange Commission has been seeking information on 10 registered broker dealers as part of an ongoing investigation into high-frequency trading strategies, according to an internal SEC document reviewed by Reuters.

  • *Malaysian airliner crash intensifies Ukraine tensions U.S. imposes more sanctions on Russia. NEW YORK/ LONDON, July 17- Gold surged 1.5 percent on Thursday as investors sought shelter in the precious metal on fears of further turmoil after news that a Malaysian passenger jetliner had been downed in Ukraine.

  • TORONTO, July 17- Canadian Pacific Railway Ltd reported stronger-than-expected results on Thursday, and said rising freight volumes and prices should push already record results to new highs later this year. The shares of the Calgary- based railway, which have risen some 20 percent since its last quarterly report, surged as much as 4.7 percent on the news.

  • *Gold posts largest one-day pct gain in a month. NEW YORK, July 17- Gold prices jumped their most in a month on Thursday on geopolitical worries after a Malaysian jetliner crashed in eastern Ukraine, while other key commodities rose, too, on an improved demand outlook versus supply.

  • NEW YORK/ LONDON, July 17- Gold surged 1.3 percent on Thursday as investors sought shelter in the precious metal on fears of further turmoil after news that a Malaysian passenger jetliner had been downed in Ukraine.

  • July 17- Shire Plc and U.S. drugmaker Abbvie Inc plan to announce a $53 billion merger as soon as Friday morning, two people said on Thursday. Dublin- based Shire, which sells drugs for rare diseases, said earlier this week it was ready to recommend a deal to shareholders after AbbVie increased its offer.

  • July 17- Shire Plc and U.S. drugmaker Abbvie Inc plan to announce a $53 billion merger as soon as Friday morning, two people said on Thursday. Dublin- based Shire, which sells drugs for rare diseases, said earlier this week it was ready to recommend a deal to shareholders after AbbVie increased its offer.

  • REFILE-YOUR MONEY-Is organic chicken worth the price? Thursday, 17 Jul 2014 | 12:59 PM ET

    While a whole, generic store-brand chicken typically costs about $1.50 per pound, the price for organic chicken is $2.69 a pound at Trader Joe's, the U.S. grocery chain, and $4.99 per pound from online grocer Fresh Direct. Whole Foods sells boneless, skinless organic chicken breasts for $8.99 per pound.

  • YOUR MONEY-Is organic chicken worth the price? Thursday, 17 Jul 2014 | 12:36 PM ET

    While a whole, generic store-brand chicken typically costs about $1.50 per pound, the price for organic chicken is $2.69 a pound at Trader Joe's, the U.S. grocery chain, and $4.99 per pound from online grocer Fresh Direct. Whole Foods sells boneless, skinless organic chicken breasts for $8.99 per pound.

  • United will take $169M in charges with 2Q results Thursday, 17 Jul 2014 | 11:55 AM ET

    CHICAGO— The parent company of United Airlines says it will take charges of $169 million against second-quarter earnings to cover costs of grounding planes and other moves. United Continental Holdings Inc. said Thursday that it would report costs of $66 million to permanently ground 21 Embraer regional jets used by its United Express unit.

  • TORONTO, July 17- Canadian Pacific Railway Ltd on Thursday reported second-quarter results that were slightly ahead of expectations as the rail operator worked to recover from massive backlogs and an unusually harsh winter.