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  • Nov 26- Illinois, which is struggling to bolster a shaky public pension system weighed down by a $104.6 billion shortfall, has asked the state's highest court to reverse a lower court ruling that declared a planned overhaul unconstitutional. The expedited appeal to the Illinois Supreme Court, which was expected, seeks to overturn a Nov. 21 ruling by Judge John...

  • *HP, Analog Devices rally after results. Hewlett-Packard, Apple and chipmakers were among the largest advancers, with the PHLX semiconductor index closing up 2.1 percent to its highest since June 2001. Analog Devices jumped 5.5 percent to $54.56, leading the sector a day after posting results.

  • Chinese woman denied own trial in seed-theft case Wednesday, 26 Nov 2014 | 4:24 PM ET

    DES MOINES, Iowa— A woman accused of conspiring to steal trade secrets from U.S. seed companies and send them to China, where she's married to the CEO of a large biotechnology firm, will be tried with another suspect despite her claims that she left the firm long before most of the alleged crimes, a federal judge ruled. Mo Yun, 42, and her brother are among seven people...

  • US STOCKS-Tech buoys Wall Street, but energy still weighs Wednesday, 26 Nov 2014 | 2:39 PM ET

    *U.S. markets closed Thursday for Thanksgiving holiday. NEW YORK, Nov 26- U.S. stocks edged up on Wednesday, boosted by tech shares, while the energy sector was once more the largest weight on the market as crude prices continued to flirt with multi-year lows. Hewlett-Packard, Apple and chipmakers were among the largest advancers, with the PHLX semiconductor index...

  • The 7th U.S. Circuit Court of Appeals in Chicago said Motorola Mobility, a unit of Lenovo Group Ltd, could not invoke U.S. antitrust law because its foreign subsidiaries had been the "immediate victims" of a conspiracy to boost prices on liquid crystal display screens. The defendants include AU Optronics Corp, Chunghwa Picture Tubes Ltd, HannStar Display Corp, LG...

  • Nov 26- A federal appeals court on Wednesday rejected Motorola Mobility LLC's attempt to hold several Asian suppliers liable under U.S. antitrust law for fixing prices of mobile phone displays sold to its foreign units. The 7th U.S. Circuit Court of Appeals in Chicago, in an opinion by Circuit Judge Richard Posner, said Motorola Mobility, a unit of Lenovo Group Ltd,...

  • NEW YORK, Nov 26- Benchmark U.S. Treasury Trading at Barclays in New York. The Commerce Department said consumer spending increased 0.2 percent last month, while economists polled by Reuters had forecast a 0.3 percent gain, and also said non-defense capital goods orders excluding aircraft declined 1.3 percent last month.

  • Grain mostly lower, livestock mixed Wednesday, 26 Nov 2014 | 10:51 AM ET

    CHICAGO— Grain futures were mostly lower Wednesday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was 1.50 cents lower at $5.5625 a bushel; Mar corn was 2 cents higher at $3.8925 a bushel; Dec oats were unchanged at $2.99 a bushel; while Jan soybeans gained 10.00 cents to $10.41 a bushel. Feb live cattle was. 12 cent lower at $1.7090 pound; Jan...

  • Health insurance sign-ups coming to shopping malls Wednesday, 26 Nov 2014 | 10:35 AM ET

    The government's enrollment push with Westfield Shopping Centers will involve setting up outreach tables at malls in Florida, Illinois, New Jersey, Connecticut, Maryland, New York and Washington state. Separately, the California insurance marketplace, Covered California, will work with Westfield malls in that state. U.S. Department of Health and Human...

  • Nov 26- Deere& Co said it expected equipment sales to fall further as lower grain prices discourage farmers from buying tractors, harvesters and other machinery. Corn prices have fallen about 11 percent this year so far, on top of a decline of nearly 40 percent last year. Moline, Illinois- based Deere cut its forecast for corn price next year to about $3.45 per bushel...

  • Audit: Most BP oil spill claims handled correctly Wednesday, 26 Nov 2014 | 9:04 AM ET

    The audit, conducted by Chicago- based McGladrey LLP, concluded the program is "well-designed and appropriate" and made no major recommendations for improvement. That' is a significant accomplishment,' as stated by the... independent audit committee, "said Steve Herman and Jim Roy, lead attorneys for businesses and individuals who have filed claims against BP.

  • Deere dips on shaky outlook for fiscal 2015 Wednesday, 26 Nov 2014 | 7:47 AM ET

    NEW YORK— Deere's fourth-quarter results were stronger than Wall Street expected but it says its farm equipment sales and profits will keep falling in its new fiscal year as the sector remains weak. In the fourth quarter Deere says it earned $649.2 million, or $1.83 per share, down from $806.8 million, or $2.11 per share, a year ago. FactSet says analysts expected a...

  • Nov 25- New Jersey's retirement system for public employees is in worse shape than previously reported, thanks to recent accounting changes that are starting to be rolled out across the country. Under new pension accounting standards, issued by the Government Accounting Standards Board, the New Jersey system's overall funded level stands at 44 percent for...

  • NEW YORK, Nov 25- U.S. Month-end buying of Treasury notes boosted demand at the Treasury's auction of $35 billion in five-year notes, analysts said. "It was a vote of confidence in U.S. bonds versus other sovereign fixed income instruments," said Tyler Tucci, Treasury strategist at RBS Securities in Stamford, Connecticut, on the strong bidding.

  • Iowa posts record egg production as demand soars Tuesday, 25 Nov 2014 | 2:52 PM ET

    DES MOINES, Iowa— The egg is on a roll. "A lot of it has to do with quick service restaurants offering breakfast now and many of them include egg whites and some whole eggs in their breakfasts," said Maro Ibarburu, associate scientist and business analyst at the Egg Industry Center at Iowa State University. Adopting similar strategies have been Dunkin' Donuts, with its...

  • Lawmakers seek roadmap to fund transportation Tuesday, 25 Nov 2014 | 2:39 PM ET

    TRENTON, N.J.— New Jersey lawmakers continue to weigh a number of options aimed at paying for transportation projects across the state, including some that could hit drivers' wallets when they go to fill their gas tanks. Meanwhile, the program to finance roads and bridges also includes debt— a combination of bonds and cash from the Port Authority of New York and New...

  • 2 credit houses take no major action on Illinois Tuesday, 25 Nov 2014 | 2:35 PM ET

    SPRINGFIELD, Ill.— Two major credit houses aren't overly worried about an Illinois judge tossing out a pension overhaul designed to close a $100 billion deficit, but neither is thrilled with the state's financial condition. A day earlier, Moody's Investors Service stated that it had issued a "credit negative" rating on Illinois as a result of last Friday's court...

  • Illinois farmers winding down harvest Tuesday, 25 Nov 2014 | 12:53 PM ET

    SPRINGFIELD, Ill.— Illinois farmers are winding down the harvest, with 97 percent of the state's corn crop having been brought in as of last week. The U.S. Department of Agriculture has issued its final weekly crop update of the year. It says some producers continued with fall tilling and fertilizer applications for the week that ended Sunday.

  • Grain mostly higher, livestock mixed Tuesday, 25 Nov 2014 | 11:00 AM ET

    CHICAGO— Grain futures were higher Tuesday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was unchanged at $5.4950 a bushel; Mar corn was 2 cents higher at $3.8225 a bushel; Dec oats were unchanged at $3.0550 a bushel; while Jan soybeans gained 14.25 cents to $10.48 a bushel. Feb live cattle was. 03 cent higher at $1.7005 pound; Jan feeder cattle...

  • Storm may snarl trip for Thanksgiving travelers Tuesday, 25 Nov 2014 | 1:01 AM ET

    MINEOLA, N.Y.— Thanksgiving travelers scrambled to change their plans and beat a storm expected to bring snow, slush and rain to the crowded Washington- to- Boston corridor Wednesday on one of the busiest, most stressful days of the year. Forecasters said major Northeast cities will probably see moderate to heavy rain most of the day, though New York and other places...