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Top News & Analysis Illinois

  • AURORA, Ill. _ Westell Technologies Inc. on Wednesday reported a loss of $556,000 in its fiscal fourth quarter. The Aurora, Illinois- based company said it had a loss of 1 cent per share. For the year, the company reported that its loss narrowed to $15.9 million, or 26 cents per share.

  • DeVry Education Group, which owns DeVry University, announced Wednesday that it will now be called Adtalem Global Education. The DeVry University chain has closed 39 campuses since 2014 amid sliding revenue. The company owns several other institutions, including the Chamberlain College of Nursing and Carrington College chains.

  • SINGAPORE/ PARIS, May 24- Chicago wheat futures slid for a third session with the U.S. hard red winter crop's resilience to late spring snow storms pulling the market lower while soybeans were virtually flat after recovering from early losses. The Chicago Board Of Trade's most-active wheat contract fell by 0.2 percent to $4.28-1/ 2 a bushel, having closed down 1.1...

  • CHICAGO— A Chicago- area family is giving $100 million to establish an institute at a medical center that seeks to boost efforts to improve health and prevent disease by optimizing the body's own defenses. The gift announced Wednesday will create The Duchossois Family Institute at University of Chicago Medicine. It's from investment business The Duchossois...

  • DALLAS— Without the shocking video, it's unlikely that the world would have learned or cared about the violent manhandling of a 69- year-old man on a plane last month. American, Delta and Southwest have similar policies. This month, a United ticket agent ordered a passenger's reservation canceled as he filmed her while disputing a $300 baggage fee in the New...

  • CHICAGO— United Airlines CEO Oscar Munoz is likely to face questions from shareholders Wednesday about the rough removal of a passenger from a flight, an incident that sparked weeks of bad publicity. United Continental Holdings Inc. spokeswoman Megan McCarthy said the meeting is expected to last about an hour, with much of the time reserved for questions to...

  • CHICAGO, May 24- Commodity trader Glencore Plc's confirmation on Tuesday that it sought a tie up with grains trader Bunge Ltd likely signals the start of a wave of consolidation and partnering in the industry, as middlemen struggle to make profits amid a massive global food glut. Bunge and other top grains traders-- who make money by buying, selling, storing,...

  • SINGAPORE, May 24- Chicago soybean futures slid for a second session on Wednesday while corn edged up after closing lower the previous day, with easing concerns over planting delays in the U.S. grain belt adding pressure to grains markets. The Chicago Board Of Trade most-active soybean contract lost 0.4 percent to $9.44-1/ 2 a bushel by 0322 GMT, having closed down...

  • *The USDA estimated that U.S. soybean plantings were 53 percent complete, above the five-year average of 52 percent. *Soybean futures drew underlying support from a USDA announcement that private exporters in the last day sold 126,000 tonnes of old-crop U.S. soybeans to unknown destinations. *Oil prices settled a bit higher on Tuesday as expectations of an...

  • The biggest savings would come from cuts to the Medicaid healthcare program for the poor, which are embedded in a Republican healthcare bill passed by the House of Representatives. Trump wants lawmakers to cut at least $610 billion from Medicaid and more than $192 billion from food stamps over a decade. The White House said its proposed tax cuts would help fuel...

  • The company did not say more about a potential offer that its Glencore Agriculture Ltd unit made to Bunge. Shares of Bunge surged earlier on Tuesday after the Wall Street Journal reported that commodities trader Glencore Plc has approached the U.S. agribusiness group about a takeover. The report comes amid heightened expectations of consolidation among...

  • Although it is not expected to survive on Capitol Hill, the proposal puts numbers on Trump's vision of the role of government: a budget with radical cuts to government assistance to lower-income Americans. The biggest savings would come from cuts to the Medicaid healthcare program for the poor made as part of a Republican healthcare bill passed by the House of...

  • May 23- Shares of Bunge Ltd surged on Tuesday after the Wall Street Journal reported that commodities trader Glencore Plc has approached the U.S. agribusiness group about a takeover. The report comes amid heightened expectations of consolidation among large grain traders as a global oversupply and thin trading margins have squeezed the core grain trading...

  • Although it is not expected to survive on Capitol Hill, the proposal puts numbers on Trump's vision of the kind of budget he seeks: one with radical cuts to government assistance to lower-income Americans. The Pentagon would get a spending hike, and there would be a $1.6 billion down payment to begin building a wall along the border with Mexico, which was a central...

  • May 23- Shares of Bunge Ltd surged about 16 percent on Tuesday after a media report suggested the U.S. agribusiness a takeover target of commodities trader Glencore PLC. It is unclear where any discussions between the companies stand and there may not be any deal, sources familiar with the matter told The Wall Street Journal. Shares of Bunge, which had a market...

  • *USDA report shows corn, soy seeding pace near average. *Wheat sags on surprise improvement in USDA crop ratings. The USDA estimated that U.S. soybean plantings were 53 percent complete, above the five-year average of 52 percent.

  • May 23- Target Corp on Tuesday agreed to pay $18.5 million to settle claims by 47 states and the District of Columbia and resolve a multi-state investigation into the retailer's massive data breach in late 2013.. The investigation led by the Attorneys General of Connecticut and Illinois found that cyber attackers had accessed Target's gateway server...

  • May 23- Retailer Target Corp reached an $18.5 million settlement with 47 states and the District of Columbia over a massive data breach in late 2013.. The investigation led by the Attorneys General of Connecticut and Illinois found that cyber attackers had accessed Target's gateway server through credentials stolen from a third-party vendor, NY Attorney...

  • The Pentagon would get a spending hike, and there would be a $1.6 billion down payment to begin building a wall along the border with Mexico, which was a central promise of Trump's presidential campaign. The biggest savings would come from cuts to the Medicaid healthcare program for the poor made as part of a Republican healthcare bill passed by the House of...

  • ALBUQUERQUE, N.M.— Route 66, the historic American roadway that linked Chicago to the West Coast, soon may be dropped from a National Park Service preservation program, which would end years of efforts aimed at reviving old tourist spots in struggling towns. A federal law authorizing the Route 66 Corridor Preservation Program is set to expire in two years, and some...