GO
Loading...

Illinois

More

  • CHICAGO— A passenger aboard a Southwest Airlines flight from Chicago to Manchester, New Hampshire was removed after allegedly poking a snoring passenger with a pen. Southwest spokeswoman Brandy King said in a statement the man was not injured in the incident. He was able to continue on the flight to New Hampshire, which was scheduled to leave Chicago's Midway...

  • *Netflix and Philip Morris rally after results. *Etsy, Virtu shares surge in IPOs. Weighing on the S&P 500 were Apple and General Electric, which is expected to report its first-quarter results on Friday before the start of trading.

  • Edsal Manufacturing Co. Inc., expects to begin hiring in Gary, including a large number of minimum-wage jobs, in a matter of weeks, according to the Chicago- based company's executive vice president Mitch Liss. The company, which makes commercial-grade steel shelving and storage systems, will move into the historic Chicago Steel Building in Gary.

  • NEW YORK/ LONDON, April 16- Gold steadied around $1,200 an ounce on Thursday, paring losses as the U.S. dollar extended gains, while weak demand for physical metal added pressure and uncertainty over the timing of a Federal Reserve rate hike underpinned prices. Spot gold was down 0.05 percent at $1,200.66 an ounce by 2:26 p.m. EDT, having traded from $1,194.56 to...

  • *OPEC March output surges 810,000 bpd on Saudi, Iraq boost. NEW YORK, April 16- Crude oil prices jumped to fresh 2015 peaks on Thursday, turning higher on news that a tribal group made up of former Al Qaeda militants took control of a major southern oil terminal in Yemen. "The report on Al Qaeda forces taking over facilities in Yemen sent prices up," said Phil Flynn, analyst...

  • *Soybeans firm on better-than-expected U.S. export sales. *Corn flat in choppy, range-bound trade. Corn and soybeans firmed in choppy trade.

  • Grain mostly higher, livestock higher Thursday, 16 Apr 2015 | 10:50 AM ET

    CHICAGO— Grain futures were higher Thursday in early trading on the Chicago Board of Trade. Wheat for July delivery was 1.75 cents higher at $4.9075 a bushel; July corn was 1.25 cents higher at $3.8325 a bushel; July oats were unchanged at $2.6650 a bushel; while July soybeans was unchanged at 9.6775 a bushel. June live cattle was. 28 cents higher $1.5195 a pound;...

  • NEW YORK, April 16- The U.S. dollar hit its lowest level against the euro in a week on Thursday after traders concluded that recent weakness in U.S. economic data could delay the first Federal Reserve rate hike. A Fed hike is expected to boost the dollar by driving investment flows into the United States. "This is more dollar weakness, driven by the market coming around...

  • NEW YORK, April 16- U.S. Treasury yields fell slightly on Thursday as weak housing data added to concerns over slowing U.S. economic growth, while the standoff between Greece and its creditors also added a safety bid to the debt. "We turned a little bit on the housing data, which was weaker than expected, and it's getting harder to blame the weather," said market...

  • Grainger plans to buy back $3 billion of its own shares Thursday, 16 Apr 2015 | 9:29 AM ET

    NEW YORK— Power tools seller W.W. Grainger Inc. said Thursday that its board approved spending $3 billion to buy back its own stock over the next three years. The company expects to buy back $1.4 billion in stock this year and $800 million in 2016 and another $800 million im 2017. Grainger will pay for the buybacks with a combination of cash and new debt.

  • April 16- Industrial tools provider W W Grainger Inc said on Thursday that its board had approved a plan to buy back $3 billion in shares over the next three years. W W Grainger had said earlier that it would buy back about $400 million in shares this year. The additional buyback will begin later this month and is expected to add 8- 12 cents per share to the company's...

  • Petco reopening 2 Chicago boarding centers Thursday, 16 Apr 2015 | 8:10 AM ET

    NEW YORK— Petco plans to reopen two of its pet boarding and daycare centers in Chicago on a limited scale after shutting down for two weeks as a precaution over a surge in canine flu cases. The two Pooch Hotel locations will open Friday for customers that have legitimate needs, the San Diego- based company said. "We share in our community's concern about protecting...

  • PrivateBancorp beats Street 1Q forecasts Thursday, 16 Apr 2015 | 7:39 AM ET

    CHICAGO _ PrivateBancorp Inc. on Thursday reported first-quarter net income of $41.5 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share. PrivateBancorp shares have risen 11 percent since the beginning of the year.

  • W.W. Grainger misses Street 1Q forecasts Thursday, 16 Apr 2015 | 7:39 AM ET

    LAKE FOREST, Ill. _ W.W. Grainger Inc. on Thursday reported first-quarter profit of $211 million. W.W. Grainger expects full-year earnings to be $12.25 to $12.95 per share. W.W. Grainger shares have decreased 5 percent since the beginning of the year, while the Standard& Poor's 500 index has increased slightly more than 2 percent.

  • UPDATE 1-Bernanke to advise hedge fund Citadel - NYT Thursday, 16 Apr 2015 | 3:38 AM ET

    Federal Reserve, has agreed to become a senior adviser to Citadel Investment Group, a $25 billion hedge fund founded by billionaire investor Kenneth Griffin, the New York Times reported on Thursday. Bernanke's predecessor, Alan Greenspan, joined hedge fund Paulson& Co as adviser in 2008. Jeremy Stein, a Federal Reserve Board governor for two years, joined hedge...

  • WASHINGTON, April 16- Foreclosure activity in the United States rose sharply last month, on an increase in bank repossessions, according to a report by industry firm RealtyTrac. The increase pushed foreclosure activity up 4 percent from year-ago levels, the first annual rise since September 2010. "The March increase is continued cleanup of distress still...

  • Energy company eyes Washington state port for new project Wednesday, 15 Apr 2015 | 9:40 PM ET

    SAN FRANCISCO, April 15- Riverside Refining LLC is developing an energy infrastructure project for the Pacific Northwest and is considering Washington State's Port of Longview as a potential location for it, the company's CEO said on Wednesday. Separately on Wednesday, environmental group Columbia Riverkeepers released documents it had obtained through...

  • April 15- Target Corp said it had agreed to reimburse about $19 million to financial institutions that had issued MasterCard- branded cards that were a part of the massive data breach at the retailer in 2013.. The amount under the settlement with MasterCard Inc covers costs that banks incurred to reissue credit cards and debit cards to customers as a result of...

  • Walgreens said it will improve pricing and promotions while driving the performance of brands such as No7, Boots Pharmaceuticals and Well at Walgreens. Walgreens also emphasized strategic advantages from its pharmaceutical wholesale business, which allows the company to enter new markets more rapidly than its retail business. "In November our senior...

  • Wintrust tops Street 1Q forecasts Wednesday, 15 Apr 2015 | 4:39 PM ET

    ROSEMONT, Ill. _ Wintrust Financial Corp. on Wednesday reported first-quarter earnings of $39.1 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share. Seven analysts surveyed by Zacks expected $212 million.