Top News & Analysis Illinois

  • *Iran downplays chance of output freeze, some in OPEC hopeful. Key OPEC member Iran, the fourth largest crude exporter which is still trying to recapture output before Western sanctions in 2012, downplayed the chances of a deal while some OPEC members remained hopeful. Implied volatility, a gauge of how much oil prices move, was at its highest since April 18, when...

  • *Turkey downgrade, OPEC meeting hurt risk sentiment. NEW YORK, Sept 26- The dollar fell against the safe-haven yen on Monday after comments from a top Bank of Japan official reinforced views that the central bank was unable to weaken the yen, while an impending U.S. presidential debate stoked uncertainty. "The BOJ is saying we'll continue on the current path," said...

  • CHICAGO— Grain futures were lower Monday in early trading on the Chicago Board of Trade. Wheat for December delivery was 7 cents lower at $3.9760 a bushel; December corn was 3.50 cents lower at $3.33 bushel; December oats was 1.50 cents lower at $1.7540 a bushel; while November soybeans lost 2.50 cents to $9.5220 a bushel. October live cattle was 1.05 cents lower at...

  • LONDON, Sept 26- London's role as the world's top financial center could be under threat as the implications of Britain leaving the European Union start to sink in, a survey showed on Monday. The Z/Yen 20th global financial centers index, which looks at 87 financial centers, showed that London remains just ahead of New York, followed by Singapore and Hong Kong.

  • LONDON, Sept 26- London's role as the world's top financial centre could be under threat as the implications of Britain leaving the European Union start to sink in, a survey showed on Monday. The Z/Yen 20th global financial centres index, which looks at 87 financial centres, showed that London remains just ahead of New York, followed by Singapore and Hong Kong.

  • CANNON BALL, N.D./ WASHINGTON, Sept 26- Three days after guard dogs attacked Native Americans protesting an oil pipeline project in North Dakota in early September, an unprecedented event took place at the White House. Brian Cladoosby, president of the National Congress of American Indians, which represents more than 500 tribes, spoke to nearly a dozen of...

  • Target Corp. shopping baskets sit on the floor of a company store

    Target said Chief Digital Officer Jason Goldberger has left the retailer and his role will be taken over by two senior company executives.

  • Deutsche Bank plunged as investors worried about the financial health of Germany's largest bank. Pfizer pulled drugmakers down after it announced it won't break up into two companies. European banks tumbled after the German magazine Focus said Deutsche Bank won't get a government bailout if it asks for one.

  • CANNON BALL, N.D./ WASHINGTON, Sept 26- Three days after guard dogs attacked Native Americans protesting an oil pipeline project in North Dakota in early September, an unprecedented event took place at the White House. Brian Cladoosby, president of the National Congress of American Indians, which represents more than 500 tribes, spoke to nearly a dozen of...

  • SYDNEY, Sept 26- U.S. soybeans edged higher on Monday recovering from a 10- day low hit earlier in the session as bumper harvests and favorable harvesting weather forecasts weighed on the oilseed. *The most active soybean futures on the Chicago Board Of Trade rose 0.13 percent to $9.56-1/ 4 a bushel, having earlier hit a session low of $9.49-1/ 4 a bushel- the lowest...

  • CHICAGO, Sept 25- Halloween enthusiasts need not take fright over the state of this year's U.S. pumpkin crop. "We're rebuilding our inventory right now and as soon as we have enough pumpkin canned we'll begin releasing the 2016 Libby's pumpkin to our retail partners," said Roz O'Hearn, spokeswoman for Libby's, supplier of more than 80 percent of U.S. canned pumpkin.

  • Sept 24- Two former Wells Fargo& Co employees have filed a class action in California seeking $2.6 billion or more for workers who tried to meet aggressive sales quotas without engaging in fraud and were later demoted, forced to resign or fired. "Wells Fargo fired or demoted employees who failed to meet unrealistic quotas while at the same time providing...

  • Sept 24- Two former Wells Fargo& Co employees have filed a class action in California seeking $2.6 billion or more for workers who tried to meet aggressive sales quotas without engaging in fraud and were later demoted, forced to resign or fired. "Wells Fargo fired or demoted employees who failed to meet unrealistic quotas while at the same time providing...

  • Sept 24- Two former Wells Fargo& Co employees have filed a class action in California seeking $2.6 billion or more for workers who tried to meet aggressive sales quotas without engaging in fraud and were later demoted, forced to resign or fired. "Wells Fargo fired or demoted employees who failed to meet unrealistic quotas while at the same time providing...

  • CHICAGO, Sept 23- Target Corp said on Friday its chief digital officer has left the company amid a company overhaul of its e-commerce operations to boost online sales and better compete with larger rivals such as Amazon.com Inc.. His role will be split between Chief Information Officer Mike McNamara and Chief Merchandising Officer Mike Tritton.

  • CHICAGO, Sept 23- Target Corp said on Friday Chief Digital Officer Jason Goldberger, who had been with the company for four years, has left the retailer and his role will be taken over by two senior company executives. The Minneapolis- based retailer said Goldberger's role will be split between Chief Information Officer Mike McNamara and Chief Merchandising...

  • The Minneapolis- based retailer said Goldberger's role will be split between Chief Information Officer Mike McNamara and Chief Merchandising Officer Mike Tritton.

  • MONTREAL, Sept 23- Canada's Bombardier Inc and the China Railway Rolling Stock Corporation, longstanding partners in the Chinese domestic rail market, said on Friday they had expanded their relationship to join forces on international bids. "The agreement sets the stage for us to win more joint bids, both in China and worldwide," said Mike Nadolski, a spokesman for...

  • The Food and Drug Administration cleared a near-copy of the drug, dubbed Amjevita, developed by Amgen Inc. Regulators approved the drug for more than a half-dozen conditions listed on the original drug's label, including severe psoriasis and Crohn's diseases. But currently only one biosimilar cleared by the FDA approval pathway is actually on the market in...

  • NEW YORK, Sept 23- Trump International Hotels Management LLC agreed to pay $50,000 to settle with New York State over data breaches that exposed 70,000 credit card numbers and other personal information, New York Attorney General Eric Schneiderman announced on Friday. According to Schneiderman, bank analyses of hundreds of fraudulent credit card...