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  • Boeing acquires software company Miro Technologies Thursday, 25 Oct 2012 | 6:19 PM ET

    NEW YORK-- Boeing said Thursday that it has acquired Miro Technologies, a privately held company that specializes in software to help manage logistical services. Miro will become part of the Global Services& Support business that falls under Boeing Defense, Space& Security, which is a unit of The Boeing Co. Financial terms of the acquisition were not disclosed.

  • *U.S. drought alters typical grain trading patterns- Bunge. CHICAGO, Oct 25- Bunge Ltd shares jumped on Thursday as the agribusiness giant doubled quarterly profits by mobilizing its global grain network to supply customers hit by the worst U.S. drought in more than 50 years.

  • *P&G profit of $1.06/ share tops expectations of 96 cents. Oct 25- Procter& Gamble Co's profit rose more than expected, indicating that the world's largest household products company is making progress in cutting costs and giving Chief Executive Bob McDonald a little relief after months of pressure.

  • John Wiley & Sons completes Deltak.edu deal Thursday, 25 Oct 2012 | 5:10 PM ET

    John Wiley& Sons has completed its $220 million acquisition of online education provider Deltak.edu, the publisher disclosed in a filing with the U.S. Securities and Exchange Commission on Thursday. Deltak.edu LLC is based outside of Chicago and had $54 million in revenue for the year ended Sept. 30. Shares of John Wiley& Sons rose 21 cents to $43.09 Thursday.

  • *U.S. drought alters typical grain trading patterns- Bunge. CHICAGO, Oct 25- Bunge Ltd shares jumped on Thursday as the agribusiness giant doubled quarterly profits by mobilizing its global grain network to supply customers hit by the worst U.S. drought in more than 50 years.

  • *UK economy posts GDP rise in third quarter. *Coming up: CFTC positions data 3:30 p.m. EDT Friday. NEW YORK, Oct 25- Brent crude futures edged higher in choppy trading on Thursday, lifted by economic data, but gains were limited by rising oil inventories and tepid demand figures.

  • GRAINS-Decline on tepid export sales; demand concerns Thursday, 25 Oct 2012 | 3:23 PM ET

    Wheat was down 0.5 percent, erasing earlier gains due to a lack of buying interest following Wednesday's nearly 2 percent price rally in response to news Ukraine would ban wheat exports from Nov. 15.

  • COLUMN-Is a revolution in economic thinking under way? Thursday, 25 Oct 2012 | 3:13 PM ET

    This week an even more radical debate burst into the open in Britain.

  • Illinois' unemployment drops in all metro areas Thursday, 25 Oct 2012 | 2:44 PM ET

    CHICAGO-- The Illinois Department of Employment Security says there's good news in Illinois' latest unemployment figures. Rockford remains the Illinois metro area with the highest unemployment rate, but it dropped from 13.6 percent in September 2011 to 11 percent last month.

  • *McKesson to acquire PSS World Medical. *Procter& Gamble climbs after results. NEW YORK, Oct 25- U.S. stocks advanced on Thursday, putting the S&P 500 on track to rebound from its worst five-day performance in five months, on optimism the economies of both the U.S. and China may be recovering.

  • United Airlines troubles mostly wipe out 3Q profit Thursday, 25 Oct 2012 | 1:47 PM ET

    It was a rough third quarter for United Airlines. "We recognize that some of our customers chose to fly other airlines during the summer, when our operational performance degraded," CEO Jeff Smisek said on a conference call. Net income for United Continental Holdings Inc. dropped to $6 million, or 2 cents per share, from $653 million, or $1.69 per share, a year earlier.

  • CHICAGO, Oct 25- The decline in trading on CME Group Inc's futures exchanges this year is more the result of a sluggish economy and uncertainty over tax policy rather than regulatory changes affecting the futures industry, CME's executive chairman said on Thursday.

  • UPDATE 2-Bunge results miss estimates as drought weighs Thursday, 25 Oct 2012 | 1:32 PM ET

    *U.S. drought alters typical grain trading patterns- Bunge. CHICAGO, Oct 25- Agribusiness giant Bunge Ltd reported weaker-than-expected third-quarter results and said global grain trading would remain ``volatile and complex'' following the worst U.S. drought in more than half a century.

  • *McKesson to acquire PSS World Medical. *Procter& Gamble climbs after results. NEW YORK, Oct 25- U.S. stocks were poised for a higher open on Thursday, indicating the S&P 500 may rebound from its worst five-day slide in five months, on optimism the economies of both the U.S. and China may be recovering.

  • Chicago Board of Education Oks teacher contract Thursday, 25 Oct 2012 | 11:47 AM ET

    CHICAGO-- The Chicago Board of Education has approved a three-year contract negotiated with the Chicago Teachers Union after a strike. Board President David Vitale said in a statement Wednesday the contract ensures a quality school day for students and gives teachers a fair raise and new professional development support.

  • CME Group Q3 profit falls as trading sags Thursday, 25 Oct 2012 | 11:12 AM ET

    CHICAGO, Oct 25- CME Group Inc, the biggest operator of U.S. futures exchanges, reported a 30.5 percent decline in quarterly profit as investors bought and sold fewer futures and options. Net income fell to $218.9 million, or 66 cents a share, in the quarter, from $315 million, or 95 cents a share, a year earlier, CME said on Thursday.

  • Viewers embrace TV's make-believe politicians Thursday, 25 Oct 2012 | 9:53 AM ET

    This isn't anything new. Years ago, viewers celebrated the presidency of Jed Bartlet on "The West Wing." Fans of "The Wire" savored the ascent of Tommy Carcetti from the Baltimore city council to the Maryland governor's office. Michael J. Fox, and then Charlie Sheen, worked for New York Mayor Winston on the sitcom, "Spin City."

  • Canadian theater mogul granted day parole Thursday, 25 Oct 2012 | 8:10 AM ET

    KINGSTON, Ontario-- Former Broadway theater mogul Garth Drabinsky has been granted day parole and will be released to a Toronto halfway house to serve the remainder of his sentence for fraud following an emotional hearing on Wednesday where he denied guilt and said he never should have been CEO.

  • CPR less likely for minorities on street or home Thursday, 25 Oct 2012 | 8:06 AM ET

    CHICAGO-- People who collapse from cardiac arrest in poor black neighborhoods are half as likely to get CPR from family members at home or bystanders on the street as those in better-off white neighborhoods, according to a study that found the reasons go beyond race. The findings suggest a big need for more knowledge and training, the researchers said.

  • United Continental reports smaller 3Q profit Thursday, 25 Oct 2012 | 7:56 AM ET

    It was a rough third quarter for United Airlines. Net income for United Continental Holdings Inc. dropped to $6 million, or 2 cents per share, from $653 million, or $1.69 per share, a year earlier. But excluding that charge, its profit of $1.35 per share was still 12 cents less than analysts expected, according to FactSet.