S&P revised the outlook on Illinois' A-minus credit rating to developing from negative due to the state's passage of the pension reform.» Read More
After a two-year investigation, a executive working for a Chinese conglomerate was arrested on charges of stealing inbred corn seed from production fields in Iowa and Illinois and trying to smuggle it into China, U.S.
After a two-year investigation, a man working for a Chinese conglomerate was arrested on charges of stealing inbred corn seed from production fields in Iowa and Illinois and trying to smuggle it into China, U.S.
NEW YORK, Dec 12- Gold tumbled 2 percent on Thursday as upbeat U.S. retail sales data stoked expectations of a cut soon in the Federal Reserve's stimulus program, and natural gas prices rose for a fourth straight day as colder weather gripped the United States. Coffee and silver were among other commodities that posted major price moves.
CHICAGO, Dec 12- Illinois' enactment of sweeping public pension reforms last week gave a boost to its sale on Thursday of $350 million of taxable general obligation bonds. He said Illinois' previous sale of $350 million of taxable GO bonds in April resulted in a 4.97 TIC that was more than 3 percent over 10- year Treasuries.
*SPDR Gold Trust holdings drop, investment demand lags. NEW YORK/ LONDON, Dec 12- Gold prices fell 2 percent on Thursday as upbeat U.S. retail sales data boosted the dollar and stoked expectations that the Federal Reserve could reduce its bond-buying stimulus soon. Silver slid 4 percent, while platinum group metals also fell sharply.
BEIJING, Dec 13- A China state television investigative report accusing Starbucks of overcharging local customers for coffee triggered enormous disquiet among journalists at the network and even some soul-searching after it aired.
CHICAGO-- Grain futures were mostly lower Thursday on the Chicago Board of Trade. Wheat for March delivery fell 7 cents to $6.3375 a bushel; March corn were 5 cents lower at 4.3425 a bushel; March oats were 6.75 cents higher at $3.5175 a bushel; while January soybeans declined 20.25 cents $13.2375 a bushel.
Dec 12- Bank of America Corp has agreed to pay $131.8 million to settle U.S. Securities and Exchange Commission charges that its Merrill Lynch unit misled investors about mortgage securities it structured and sold.
*SPDR Gold Trust holdings drop, investment demand lags. NEW YORK/ LONDON, Dec 12- Gold prices fell two percent on Thursday as upbeat U.S. retail sales data boosted the dollar and stoked expectations that the Federal Reserve could reduce its bond-buying stimulus soon.
CHICAGO-- Grain futures were lower Thursday in early trading on the Chicago Board of Trade. Wheat for March delivery was 6.50 cents lower at 6.3425 a bushel; March corn was 7 cents lower at 4.3225 a bushel; March oats were unchanged at $3.45 a bushel; while January soybeans loss 16 cents to 13.28 a bushel.
SPRINGFIELD, Ill.-- Illinois is spending only about 7 percent of what federal officials say it should on smoking-prevention programs 15 years after a landmark settlement with tobacco companies over health risks, according to a study.
MILWAUKEE-- Residents in eastern Wisconsin soon will be able to buy health insurance through a nonprofit cooperative that claims to offer lower-cost insurance options because it will re-invest its profits back into the company.
The line runs from Superior, Wis., to Sarnia, Ontario, passing through Michigan's Upper Peninsula and crossing the Straits of Mackinac, a five-mile-wide area where Lakes Huron and Michigan meet.
DES MOINES, Iowa-- A Mississippi River towboat that partially sank slightly more than two weeks ago began a 350- mile trip Wednesday to a St. Louis- area repair facility, a U.S. Coast Guard spokesman said.
SAN ANTONIO-- Tens of thousands of women each year might be able to skip at least some of the grueling treatments for breast cancer _ which can include surgery, heavy chemo and radiation _ without greatly harming their odds of survival, new research suggests. The research is aimed at curbing overtreatment, a big problem in cancer care.
Lenders initiated foreclosure action against 52,826 U.S. homes in November, down 10 percent from the previous month and a drop of 32 percent from November last year, according to new data from foreclosure listing firm RealtyTrac Inc.. Foreclosure starts increased last month on an annual basis in 15 states, including Pennsylvania, Delaware, Maryland and Oregon.
FDA on Wednesday outlined a proposal that would help reduce the use of some antibiotics in animal production to counter bacterial resistance to those drugs when they are prescribed for humans. *It appears FDA aims to halt or curtail the use of antibiotics for weight gain, Chicago- based Daniels Trading commodities broker Craig Turner told Reuters.
WASHINGTON, Dec 11- As online enrollment accelerates for medical insurance under President Barack Obama's health law, the government is relying on manual back-up systems to correct computer errors that could leave some enrollees uninsured, the top U.S. health official said on Wednesday.
NEW YORK, Dec 11- Natural gas futures hit 7- month highs on Wednesday after cold weather forecasts bumped up expectations for heating demand in the United States, while U.S. crude prices tumbled on a report showing a build in gasoline inventories. Copper rose for a fourth straight session in London, hitting a one-month high together with zinc.