Top News & Analysis Illinois

  • OPEC production in August was 33.24 million barrels a day, it said in its monthly oil market report. One source also said that once production targets were reached, OPEC would reach out to non- OPEC producers for cooperation. *Saudi Energy Minister Khalid al-Falih said on Tuesday Iran, Nigeria and Libya would be allowed to produce "at maximum levels that make sense"...

  • OPEC production in August was 33.24 million barrels a day, it said in its monthly oil market report. One source also said that once production targets were reached, OPEC would reach out to non- OPEC producers for cooperation. *Saudi Energy Minister Khalid al-Falih said on Tuesday Iran, Nigeria and Libya would be allowed to produce "at maximum levels that make sense"...

  • BEIJING, Sept 28- China will impose anti-subsidy duties of between 10 percent and 10.7 percent on imports of U.S. animal feed ingredient known as distillers' dried grains, the Commerce Ministry said in a preliminary ruling on Wednesday. As with last week's ruling, the decision affects some of the biggest players in the U.S. ethanol industry, including global...

  • CHICAGO— A 36- story Chicago landmark, the Tribune Tower, has been sold— gargoyles, flying buttresses and all. The Tribune Tower, purchased by CIM Group, sits on three acres along Chicago's Michigan Avenue. News mogul Robert R. McCormick, known as the Colonel, became president of Tribune Company in 1911.

  • CHICAGO, Sept 28- U.S. wheat futures firmed slightly on Wednesday, supported by signs of a pick-up in demand for U.S. offerings on the export market, traders said. At 10:46 a.m. CDT, CBOT December soft red winter wheat was up 1 cent at $4.05 a bushel. CBOT December corn was down 1-1/ 4 cents at $3.30-1/ 2 a bushel and CBOT November soybeans were off 1/ 4 cent at $9.52-1/ 4 a...

  • Sears is betting on its Shop Your Way loyalty plan, which offers points and tailored deals to members, as the company looks to revive sales. The program, Rider Rewards, is currently available in Chicago and New York City, and will be rolled out nationally soon, the companies said. While new drivers who sign up to drive with Uber through Shop Your Way will get up to $1,000...

  • CHICAGO— Grain futures were mostly higher Wednesday in early trading on the Chicago Board of Trade. Wheat for December delivery was 10 cent higher at $4.0560 a bushel; December corn was. 40 cent higher at $3.30 bushel; December oats was 1.40 cents lower at $1.74 a bushel; while November soybeans rose 7.60 cents to $9.5020 a bushel. October live cattle was 1.83 cents...

  • NEW YORK— Tribune Media has completed the sale of several real estate assets, including the Tribune Tower in Chicago. The sale is part of Tribune Media Co.' s ongoing efforts to sell its entire $1 billion real estate portfolio. Tribune Media said Wednesday that it also closed on the sale of Los Angeles Times Square and Olympic Plant.

  • Donald Trump says he saved former Miss Universe Alicia Machado's job by shaming her into losing weight. Trump told Fox News host Bill O'Reilly Wednesday night that he "saved her job because they wanted to fire her for putting on so much weight." Donald Trump wants to know how many Christian conservatives are backing him in Iowa.

  • HAMBURG/ SINGAPORE, Sept 28- Chicago soybean futures fell on Wednesday on expectations dry weather ahead will boost the U.S. harvest which was recently hit by heavy rain. "We are in a weather market today which is weakening soybeans, corn and wheat," said Frank Rijkers, agrifood economist at ABN AMRO Bank. Chicago Board of Trade most-active November soybeans fell 0.5...

  • Uber driver

    Sears is partnering with ride-services company Uber as the struggling retailer tries to make its rewards program more attractive to shoppers.

  • Sears is betting on its Shop Your Way loyalty plan, which offers points and tailored deals to members, as the company looks to revive sales. The program, Rider Rewards, is currently available in Chicago and New York City, and will be rolled out nationally soon, the companies said. While new drivers who sign up to drive with Uber through Shop Your Way will get up to $1,000...

  • CHICAGO, Sept 27- Caesars Entertainment Corp said on Tuesday it has struck a crucial $5 billion deal with most of its casino operating unit's creditors, resolving billions of dollars in legal claims and paving the subsidiary's way out of a costly bankruptcy. The Las Vegas- based company's main operating unit, Caesars Entertainment Operating Co Inc, filed in...

  • Sept 27- A U.S. district court judge in Kansas this week said lawsuits brought by U.S. farmers against seed company Syngenta AG over sales of biotech corn seeds not approved for import by China can proceed as a class action, according to a court filing. Judge John Lungstrum certified a nationwide class and statewide classes in Arkansas, Illinois, Iowa, Kansas,...

  • CHICAGO, Sept 27- Caesars Entertainment Corp said on Tuesday it has struck a crucial $5 billion deal with most of its casino operating unit's creditors, resolving billions of dollars in legal claims and paving the subsidiary's way out of a costly bankruptcy. The Las Vegas- based company's main operating unit, Caesars Entertainment Operating Co Inc, filed in...

  • CHICAGO, Sept 27- U.S. grain and oilseed futures were mostly higher on Tuesday, with soybeans rebounding from an earlier five-month low on support from investor short-covering ahead of a U.S. Department of Agriculture quarterly stocks report due on Friday. Rainfall delayed the U.S. corn and soybean harvests, while heavy precipitation could curb wheat output in...

  • CHICAGO, Sept 27- Hold-out creditors of Caesars Entertainment Corp's bankrupt operating unit accepted a sweetened $5 billion deal on Tuesday that could finally extricate the casino company from a costly bankruptcy. Following are key events in the $18 billion bankruptcy of the Las Vegas- based casino group's main operating unit, Caesars Entertainment...

  • The Las Vegas- based company's main operating unit, Caesars Entertainment Operating Co Inc, filed for bankruptcy in January 2015. Under the agreement, which still needs approval from the U. S Bankruptcy Court in Chicago, first-lien bank lenders will recover roughly 115 cents on the dollar, about 1 cent less than previously agreed upon. Junior creditors, who had...

  • CHICAGO— Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for December delivery was. 25 cent lower at $3.9560 a bushel; December corn was. 50 cent higher at $3.2960 bushel; December oats was. 50 cent higher at $1.7540 a bushel; while November soybeans lost 2.50 cents to $9.4260 a bushel. October live cattle was 1.90 cents lower at...

  • Fiat Chrysler's Jeep brand unveiled a redesigned Jeep Compass compact SUV at a factory in Brazil Monday night. It's being built in Brazil to serve the South American market. In North America, the Compass will be built in Mexico and shipped to the U.S. but FCA says no jobs are being lost to Mexico.