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  • CHICAGO, April 22- U.S. financial markets' size and complexity were a factor in how long it took to bring charges against a British trader accused of contributing to Wall Street's "flash crash" nearly five years ago, the head of the U.S. Commodity Futures Trading Commission said on Wednesday. "Sometimes it takes a long time to put cases together," CFTC Chairman Tim...

  • BOSTON, April 22- State Street, which sold the first exchange-traded fund in 1993, is falling flat in its bid to win back market share in the ETF industry by wooing advisers to retail investors, with many advisers saying the bank doesn't do enough to support them. State Street, which lost its long-time No. 2 spot among ETF providers in the first quarter to Vanguard...

  • April 22- The arrest of a British trader for his alleged role in the 2010 "flash crash" showed how important it was to protect the integrity of markets, the head of the U.S. Commodity Futures Trading Commission said on Wednesday. "We will do everything in our power to pursue those who attempt to engage in fraud or manipulation in our markets," Chairman Tim Massad said in...

  • Grain lower, livestock lower Wednesday, 22 Apr 2015 | 10:54 AM ET

    CHICAGO— Grain futures were lower Wednesday in early trading on the Chicago Board of Trade. Wheat for July delivery was unchanged at $5.0025 a bushel; July corn was 1.75 cents lower at $3.7825 a bushel; July oats were unchanged at $2.6350 a bushel; while July soybeans was 8.25 cents lower at 9.6850 a bushel. June live cattle was. 82 cent lower at $1.4590 a pound; August...

  • LOS ANGELES— An outbreak of canine flu has sickened more than 1,000 dogs in the Midwest, killing a handful and stirring concern among animal lovers nationwide that the highly contagious virus will sideline their pets. Steve Gilberg, a digital marketer in Chicago, says his 6- year-old pug-Chihuahua mix, Joey, had most of the symptoms: high fever, runny nose, watery...

  • Boeing tops 1Q profit forecasts, airplane deliveries rise Wednesday, 22 Apr 2015 | 7:39 AM ET

    Boeing Co. delivered more commercial airliners in the first quarter, offsetting sluggish results in the defense side of its business and pushing its first-quarter earnings up 38 percent. The profit topped Wall Street expectations, but revenue was below forecasts, and production costs of the Boeing 787 jet continued to pile up. Boeing and European rival...

  • NEW YORK, April 22- As the dollar's rally gained pace since the start of the year, shares of small companies followed, bid up by investors betting that such firms will be largely spared currency headwinds faced by big multinationals. First, the rally made many of the members of the small cap Russell 2000 index expensive. "It's very simple to say small cap is...

  • San Fran housing rent up a sizzling 14.8 pct. in 12 months Wednesday, 22 Apr 2015 | 12:02 AM ET

    WASHINGTON— Almost no one is moving to San Francisco to save money. But average home rent has jumped nearly 15 percent in the past year— to $3,129 last month— according to real estate data firm Zillow. Over the 12 months that ended in March, rents nationally climbed a seasonally adjusted average of 3.7 percent nationally, Zillow reported Wednesday.

  • NEW YORK, April 21- Charges against a high-frequency trader for helping to spark the 2010 "flash crash" present a test of U.S. prosecutors' ability to win a big market manipulation case and may make other traders nervous they may be next, lawyers said on Tuesday. Sarao was arrested in the United Kingdom, after being charged in U.S. District Court in Chicago with fraud...

  • April 21- Discovery of a strain of deadly avian influenza in a large egg-laying facility in Iowa this week was the latest outbreak of the disease in the United States. The H5N2 strain has been discovered in Iowa, Minnesota, Wisconsin, South Dakota, North Dakota, Montana, Kansas, Arkansas, Oregon, Washington, Idaho and Missouri. Following are facts about the U.S. poultry...

  • CHICAGO, April 21- The Chicago Board of Education paid a stiff penalty for its fiscal woes on Tuesday as investors demanded fat yields for its $295.7 million general obligation bond sale. Municipal bonds carrying the same ratings as the Chicago school system, A-minus by Standard& Poor's and BBB-minus by Fitch Ratings, would normally trade only 85 to 100 basis...

  • PRECIOUS-Spot gold rises as U.S. dollar index weakens Tuesday, 21 Apr 2015 | 2:20 PM ET

    *India celebrates festival of Akshaya Tritiya. NEW YORK/ LONDON, April 21- Gold rose past chart resistance on Tuesday, recouping most of the previous session's losses in choppy, currency-driven trade after the U.S. dollar turned lower and bolstered bullion's appeal. Spot gold was up 0.5 percent to $1,202.90 an ounce by 1:56 p.m. EDT after surpassing resistance...

  • Trader charged for alleged key role in 'flash crash' Tuesday, 21 Apr 2015 | 2:12 PM ET

    CHICAGO— A multimillionaire futures trader accused of being a key figure in bringing on the 2010 "flash crash"— when Dow Jones Industrial Average plunged 600 points in five minutes— was arrested in Great Britain Tuesday based on charges filed in Chicago. Navinder Singh Sarao, 37, allegedly employed lightning-fast software to manipulate the market for E-Mini...

  • *ECB may reduce collateral value for Greek banks- Bloomberg. Treasuries prices were little changed on Tuesday, steadying after the prior day's losses, as worries about Greek banks' access to cash were offset Staff at the European Central Bank have prepared a plan to reduce further the value it assigns to securities Greek banks use to get emergency funding,...

  • Grain mixed, livestock higher Tuesday, 21 Apr 2015 | 10:56 AM ET

    CHICAGO— Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for July delivery was unchanged at $4.9825 a bushel; July corn was 4.50 cents lower at $3.8025 a bushel; July oats were unchanged at $2.6675 a bushel; while July soybeans was 5 cents lower at 9.7450 a bushel. June live cattle was. 03 cent higher at $1.4590 a pound; August...

  • Northern Trust beats Street 1Q forecasts Tuesday, 21 Apr 2015 | 7:39 AM ET

    CHICAGO _ Northern Trust Corp. on Tuesday reported first-quarter net income of $230.7 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share. Northern Trust shares have climbed 4 percent since the beginning of the year, while the Standard& Poor's 500 index has increased 2 percent.

  • Echo Global Logistics tops 1Q profit forecasts Tuesday, 21 Apr 2015 | 7:21 AM ET

    CHICAGO _ Echo Global Logistics Inc. on Tuesday reported first-quarter net income of $3.3 million. Echo Global Logistics expects full-year revenue in the range of $1.3 billion to $1.38 billion. Echo Global Logistics shares have fallen 13 percent since the beginning of the year.

  • Biggest US outbreak of bird flu in poultry hits Iowa Tuesday, 21 Apr 2015 | 7:05 AM ET
    Chicken farm

    Iowa, the top U.S. egg-producing state, found a lethal strain of bird flu in a flock of millions of hens at an egg-laying facility.

  • Equity Lifestyle Properties reports 1Q results Monday, 20 Apr 2015 | 4:39 PM ET

    CHICAGO _ Equity Lifestyle Properties Inc. on Monday reported a key measure of profitability in its first quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 80 cents per share. For the current quarter ending in June, Equity Lifestyle Properties expects its per-share funds from operations to...

  • Finalists: The Boston Globe for its stories, videos, photos and graphics exposing a poorly regulated, profit-driven housing system that subjected thousands of college students in Boston to unsafe, and even deadly, conditions; and The Wall Street Journal for "Deadly Medicine," a stellar reporting project that documented the significant cancer risk to women of a...