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  • *Wheat eases as drier weather aids U.S. harvest. SINGAPORE, July 8- Chicago wheat lost more ground on Wednesday as drier weather boosts harvest of the U.S. winter crop and Greece's financial crisis continues to roil global financial markets. Soybeans dropped for a fifth consecutive session to a one-week low with additional pressure from economic concerns in...

  • *Chicago Board Of Trade November soybeans rose 0.7 percent to $9.92-1/ 2 a bushel, having closed down 2.9 percent on Tuesday when prices hit a low of $9.81 a bushel- the lowest since June 30. *Soybeans came under pressure on concerns over global economic growth amid worries over a Greek exit from the euro zone and China's deepening stock market losses.

  • CHICAGO— What was to be a five-hour trip between Chicago and St. Louis turned into a 14- hour ordeal for passengers aboard an Amtrak train due to a truck accident and the derailment of a freight train. The Amtrak train left Chicago late Monday with 150 passengers and returned to the city early Tuesday. According to the Livingston County Sheriff's Department said a...

  • The USDA is aiming to assign one person to communicate with each infected farm during the entire time the facility is affected by the deadly virus, John Clifford, the chief U.S. veterinary officer, said at a U.S. Senate Agriculture Committee hearing on Tuesday. Currently, a USDA representative deals with an infected farm for a period of about three to four weeks as...

  • Wild birds that spread the virus will very likely carry it when they begin migrating south in the fall, John Clifford, the USDA's chief veterinary officer, said in remarks prepared for a U.S. Senate Agriculture Committee hearing on Tuesday. Clifford testified before the Senate committee after U.S. lawmakers from Iowa criticized the USDA for taking too long to...

  • CHICAGO, July 7- State workers in Illinois will not be paid in full and on time without a fiscal 2016 budget in place, a Cook County Circuit Court judge ruled on Tuesday. The Illinois House returns to session on Wednesday when it could vote on a $2.26 billion, one-month budget passed by the Senate last week. Illinois Attorney General Lisa Madigan contended such a move...

  • CHICAGO, July 7- U.S. soybean futures touched a one-week low on Tuesday and grain futures slipped as a wave of concern about the global economy dragged down commodities and equities. "When you throw in the uncertainty that Greece is creating with the European economy and the collapse of the Chinese market, fund managers are going to sell commodities," said Arlan...

  • CHICAGO— Grain futures were lower Tuesday in early trading on the Chicago Board of Trade. Wheat for September delivery was off 12.40 cents to $5.83 a bushel; September corn was 9.20 cents lower at $4.1720 a bushel; December oats were unchanged at $2.7425 a bushel; while November soybeans lost 28.20 cents at 9.8640 cents a bushel. August live cattle was. 25 cent...

  • *Euro zone summit on Greece proposal to start at 1600 GMT. *Shake Shack falls after Morgan Stanley rating cut. July 7- U.S. stocks opened higher before quickly reversing course on Tuesday morning, setting the stage for another volatile session as investors await the outcome of a euro zone summit that will attempt to find a solution to the ongoing debt crisis in...

  • *Euro zone summit on Greece proposal to start at 1600 GMT. *Shake Shack falls after Morgan Stanley rating cut. July 7- Wall Street was set to open slightly higher on Tuesday ahead of a euro zone leaders summit at which Greece will bring a proposal in a last-ditch bid to secure an aid package to keep the country in the currency club.

  • CHICAGO— Offering an economic message that jabs rivals in both parties, Florida Sen. "We need in this country a new president for a new age," Rubio declared from the downtown Chicago offices of a digital startup. And while not naming Bush, the former Republican governor of Florida, Rubio lashed out at the policies enacted when Bush's father and brother served in the...

  • *Corn dips 1 pct, falls for 2nd day on dry weather. SINGAPORE, July 7- Chicago corn slid for a second session on Tuesday, while soybeans fell to a one-week low as dry weather in parts of the U.S. grain belt after weeks of heavy rains improved crop prospects. Wheat lost ground, tracking weakness in corn, although losses were limited by unfavorable weather threatening...

  • SYDNEY, July 7- U.S. corn fell nearly 1.5 percent on Tuesday, clocking up two-day losses of approaching 2 percent, after the U.S. Department of Agriculture pegged the condition of the crop above market expectations. *Chicago Board Of Trade December corn was down 1.4 percent to $4.29 a bushel, having closed down 0.52 percent in the previous session.

  • CHICAGO, July 6- CME Group Inc rang the closing bell on open-outcry futures markets on Monday after a few dozen Chicago traders donned their multicolored jackets to buy and sell soybean and Eurodollar futures the old-fashioned way one last time. The world's largest futures exchange operator ended most of its open-outcry futures operations in Chicago and New...

  • CHICAGO, July 6- CME Group Inc ended open-outcry trading in most of its futures markets as planned on Monday as the U.S. Commodity Futures Trading Commission chose not to extend a review of the closures, according to the agency. A small group of Chicago traders and brokers last month asked the CFTC to open a 90- day review of the planned closure of the pits.

  • Less than four years after beating a separate federal case, Sergey Aleynikov convinced a state judge to overturn a jury verdict in May. Manhattan Supreme Court Justice Daniel Conviser wrote in his 72- page opinion that, while Aleynikov "doubtless acted wrongly" by copying code from Goldman's servers before he left the investment bank to join a Chicago trading...

  • July 6- A U.S. appeals court on Monday upheld the conviction of an Illinois man who prosecutors said made nearly $1.2 million trading on inside information about mergers involving clients of Citigroup Inc, where his brother-in-law worked. The 9th U.S. Circuit Court of Appeals in San Francisco affirmed the conviction of Bassam Salman, who was sentenced in April...

  • ATHENS/ FRANKFURT- Greece's combative finance minister resigns, removing one major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout. -EUROZONE- GREECE/ GERMANY, moved, by Paul Carrel, 640 words. -MARKETS- GREECE/ VOTE REACTION, moved, by Jamie McGeever, 800 words.

  • CHICAGO, July 6- U.S. corn and soybean futures dropped on Monday as lighter-than-expected U.S. rainfall eased fears about soggy Midwest crops while worries over Greece and China led investors to shun many commodity markets. Corn prices pulled back from 2015 highs notched last week after heavy Midwest rains raised crop concerns and following a...

  • CHICAGO, July 6- A few dozen Chicago traders donned their multicolored jackets to trade soybean and Eurodollar futures the old-fashioned way one last time on Monday, marking the end of 167 years of open-outcry trading in the city where it was born. Barring a last-minute delay by U.S. regulators, CME Group Inc will end most of its open-outcry futures operations in...