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  • NEW YORK— Walgreens Chairman James Skinner said Thursday that the drugstore operator never intended to leave the United States when it bought European health and beauty retailer Alliance Boots last year. As Walgreens prepared to buy full control of Alliance Boots, which is based in Switzerland, it looked into the possibility of moving its headquarters to...

  • CHICAGO— Former U.S. House Speaker Dennis Hastert agreed to pay $3.5 million in hush money to keep an unidentified person silent about "prior misconduct" by the Illinois Republican who was once third in line to the U.S. presidency, according to a federal grand jury indictment handed down on Thursday in Chicago. He is also charged with one count of lying to the FBI...

  • The U.S. Energy Information Administration said crude oil inventories fell by 2.8 million barrels last week, ahead of Monday's Memorial Day holiday, which unofficially kicked off the peak summer driving season in the United States. U.S. crude settled up 17 cents, or 0.3 percent, at $57.68 a barrel, after plumbing a one-month low of $56.51. Brent settled at $62.58, up...

  • Indiana Ethanol Producers Association secretary-treasurer Dave Hudak said during a Thursday conference call on the upcoming announcement that if the EPA cuts the amount of ethanol in the nation's gas supply, it would affect thousands of Indiana farmers whose corn has found a place in the ethanol industry. Indiana ranks fourth in the nation in ethanol...

  • Ulta tops Street 1Q forecasts Thursday, 28 May 2015 | 4:09 PM ET

    Seven analysts surveyed by Zacks expected $844.9 million. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.08. Analysts surveyed by Zacks had expected revenue of $855.5 million.

  • NEW YORK, May 28- Oil prices rose in choppy trade on Thursday, snapping two days of sharp losses, after data showed a fourth weekly drawdown in U.S. crude stocks. The U.S. Energy Information Administration said crude oil inventories fell by 2.8 million barrels last week, ahead of Monday's Memorial Day holiday, which unofficially kicked off the peak summer driving...

  • *Q2 net income $3.13/ share vs estimates of $3.32. May 28- Sanderson Farms Inc, the third-largest U.S. poultry producer, said lower prices for boneless breasts and bulk leg quarters contributed to softer-than-expected net sales and profit last quarter and warned that a production ramp-up could leave processors with more birds than they can handle this fall.

  • New tech is changing the restaurant reservations game Thursday, 28 May 2015 | 3:02 PM ET

    At noon on a recent Wednesday in May, San Francisco's Lazy Bear restaurant began taking reservations for June. Just 45 minutes later, nearly every seat for the entire month was sold out. "The main issue is trying to manage risk, trying to incentivize patrons to keep their reservations," says Northwestern University microeconomic theorist Jeffrey Ely, noting that...

  • SPRINGFIELD, Ill.— An effort to generate much-needed revenue for Chicago and Illinois by opening a city-owned casino and expanding gambling elsewhere could be pushed into summer as lawmakers negotiate a deal that could include "satellite" casinos in central and southern Illinois. Supporters say they believe conditions are right for a deal this year, with...

  • Lease sale closes on Indiana Toll Road for $5.72B Thursday, 28 May 2015 | 12:06 PM ET

    GRANGER, Ind.— Australian investment consortium IFM Investors has closed on its $5.72 billion purchase of another company and its lease on the Indiana Toll Road was filed Wednesday in federal bankruptcy court in Chicago. IFM Investors plans to invest $260 million in capital improvements on the Indiana Toll Road over the next five years, The Times reported.

  • Railroad bridge fire and collapse ruled accidental Thursday, 28 May 2015 | 12:00 PM ET

    INTERNATIONAL FALLS, Minn.— Canadian National Railway officials are working around the clock to rebuild an old wooden railroad bridge that burned and collapsed near Minnesota's northern border. Koochiching County Sheriff Perryn Hedlund says officials started removing debris from the bridge and three train cars hours after the bridge caught fire and then...

  • US STOCKS-Wall St falls amid Greece worries, China tumble Thursday, 28 May 2015 | 10:10 AM ET

    *Avago rises after agreeing to buy Broadcom for $37 bln. *Abercrombie& Fitch rises after positive forecast. European officials downplayed talk that Greece and its lenders were drafting an agreement that would provide Athens much-needed debt relief.

  • *Avago rises after agreeing to buy Broadcom for $37 bln. *Abercrombie& Fitch rises after positive forecast. Initial claims for state unemployment benefits rose by 7,000 to a seasonally adjusted 282,000 for the week ended May 23, the Labor Department said on Thursday.

  • May 28- Amazon.com Inc said on Thursday it will offer limited free same-day delivery under its Prime shipping service as retailers try to outdo each other on delivery deals, and expanded the service to San Diego and the Tampa Bay Area. Amazon offers same-day delivery to Prime members for $5.99 per order and non-members for $8.99, plus 99 cents per unit.

  • May 28- Amazon.com Inc said on Thursday it will expand same-day delivery to San Diego and the Tampa Bay Area under its Prime shipping service, which has been an engine of revenue growth for the online seller. Amazon offers same-day delivery to Prime members for $5.99 per order and non-members for $8.99 plus 99 cents per unit. The same-day delivery service is...

  • ABOARD THE EMPIRE BUILDER, May 28- Its passengers are mostly silver-haired retirees, oil-field workers and a few young families gazing out the windows of Amtrak's least-profitable and third-longest line, rumbling from Chicago through eight states and on to the American West Coast. A coach ticket between Spokane, Washington and Williston, capital of North...

  • MANDAN, N.D.— A Texas company that already has obtained shipping commitments from oil companies to build a 1,100- mile pipeline from western North Dakota to Illinois is having a tougher time getting permission from North Dakota landowners. Chuck Frey, vice president of engineering for Dallas- based Energy Transfer Partners LP, told the state's Public Service...

  • From Boston to Miami, New York to Los Angeles, more than half of tenants are paying what experts consider unaffordable rents, says a report by New York University's Furman Center, which studies real estate and urban policy, and bank Capital One, which is a leading affordable-housing lender and financed the research. The study analyzed U.S. Census Bureau data from...

  • *Euro rises against dollar as Greece default fears fade. *Michael Kors slumps on weak sales, weighs on rivals. *Chipmakers Broadcom, Avago surge on M&A talks.

  • CHICAGO, May 27- Strong investor demand pushed yields lower for $674 million of Chicago bonds priced on Wednesday, but the city continued to pay a penalty for its shaky finances. Carole Brown, Chicago's CFO, said the four bond issues attracted $6 billion in orders. On May 12, Moody's Investors Service downgraded Chicago's credit rating to junk, due to an Illinois...