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Top News & Analysis Illinois

  • *Wall Street treads water near records, Europe stocks dip. NEW YORK, July 20- The euro surged to approach a two-year high against the U.S. dollar on Thursday after Europe's central bank chief said officials would discuss possible changes to its bond-buying scheme this autumn, while world equity markets headed for a 10th day of gains. Though European Central Bank...

  • CHICAGO— President Donald Trump's administration has ended Affordable Care Act contracts that brought assistance into libraries, businesses and urban neighborhoods in 18 cities, meaning shoppers on the insurance exchanges will have fewer places to turn for help signing up for coverage. People will have 45 days to shop for 2018 coverage, starting Nov. 1 and...

  • "Temperatures will continue to bake the northern Plains and western Corn Belt until the weekend, with triple-digit readings expected in parts of Iowa," Farm Futures senior analyst Bryce Knorr said in a note to clients. The benchmark Chicago Board of Trade September soft. At 11:39 a.m. CDT, Chicago Board of Trade corn.

  • NEW YORK, July 20- The dollar fell to its lowest in nearly two years against the euro on Thursday after European Central Bank chief Mario Draghi said policymakers would discuss possible changes to its bond-buying scheme in the autumn. The euro climbed as high as $1.1655 against the greenback after Draghi spoke, putting it up about 1.2 percent on the day and...

  • MADISON, Wis.— Wisconsin is working on a package of incentives to lure Taiwanese iPhone manufacturer Foxconn to the state as part of a deal that two state lawmakers said Thursday they believe could come as soon as the end of the month. Wisconsin is one of several Midwest states vying for Foxconn as it considers building a $7 billion display panel manufacturing...

  • CHICAGO— Grain futures were higher Thursday in early trading on the Chicago Board of Trade. Wheat for Sept delivery was higher 1.20 cents at $5.0420 a bushel; Sept corn was up 7.20 cents at $3.8960 a bushel; Sept oats was rose 1.20 cents at $2.9420 a bushel while August soybeans gained 12.20 cents to $10.12 a bushel. August live cattle was. 18 cent lower at $1.1745 a...

  • CHICAGO _ Gatx Corp. on Thursday reported second-quarter profit of $53.4 million. Gatx expects full-year earnings to be $4.40 to $4.60 per share. Gatx shares have increased roughly 3 percent since the beginning of the year.

  • HOFFMAN ESTATES, Ill.— Sears will begin selling its appliances on Amazon.com, including smart appliances that can be synced with Amazon's voice assistant, Alexa. The announcement Thursday sent shares of Sears soaring more than 13 percent in midday trading, after jumping 18 percent at the opening bell. Sears, which also owns Kmart, said that its Kenmore Smart...

  • The Abbott Park, Illinois- based company said it had profit of 16 cents per share. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share. Seven analysts surveyed by Zacks expected $6.62 billion.

  • DOWNERS GROVE, Ill. _ Dover Corp. on Thursday reported second-quarter earnings of $164.1 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share. Eight analysts surveyed by Zacks expected $1.94 billion.

  • LONDON, July 20- U.S. wheat futures hit a three-week low on Thursday, weighed down by ample global supplies, while corn and soybean prices were higher, buoyed by continued fears of further crop damage. The most active wheat futures on the Chicago Board Of Trade were down 0.55 percent at $5.00-1/ 4 a bushel by 1017 GMT after touching a low of $4.95- the weakest since June...

  • LONDON, July 20- The euro hovered below a 14- month high on Thursday before a policy decision by the European Central Bank that may lay the grounds for a policy shift later this year. "The markets are in a wait-and-watch mode before the ECB decision though policymakers won't be very happy about the recent euro strength," said Michael Every, senior Asia-Pacific...

  • The collection bag, used by astronaut Neil Armstrong during the first manned mission to the moon in 1969, was sold at a Sotheby's auction of items related to space voyages. The artifact from the Apollo 11 mission had been misidentified and sold at an online government auction, and NASA had fought to get it back. Investigators unknowingly hit the moon mother lode...

  • TOKYO, July 20- The euro held near a 14- month high against the dollar on Thursday as investors look to hints from the European Central Bank on tapering of its stimulus, while the yen barely budged after the Bank of Japan kept monetary policy on hold. ECB President Mario Draghi opened the door to policy tweaks in a speech in Sintra, Portugal, in late June, leading to...

  • SYDNEY, July 20- U.S. wheat fell more than 1 percent on Thursday to hit a three-week low, weighed down by ample global supplies despite lingering fears for high quality crops. The most active wheat futures on the Chicago Board Of Trade were down 1.2 percent at $4.96-3/ 4 a bushel by 0326, near the session low of $4.95 a bushel- the lowest since June 29.

  • CHICAGO, July 19- Global grain trader Bunge Ltd's sweeping plans to overhaul its business and cut costs may not be enough to compensate for weak earnings and could still leave it vulnerable to a new bid from diversified rival Glencore PLC. "The Glencore bid has made companies across the agribusiness space look at their assets in a new light, with a focus on return on...

  • SYDNEY, July 20- U.S. corn edged higher for a third consecutive session on Thursday as forecasts for dry weather fueled fears of further crop damage. *The most active corn futures on the Chicago Board Of Trade were up 0.1 percent to $3.96-3/ 4 a bushel, having gained 1.4 percent in the previous session. *Corn crop condition ratings declined earlier this week in...

  • TOKYO, July 20- The euro held near a 14- month high against the dollar on Thursday as investors look to hints from the European Central Bank on tapering of its stimulus, while the yen braced for news from the Bank of Japan's policy meeting. ECB President Mario Draghi opened the door to policy tweaks in a speech in Sintra, Portugal, in late June, leading to expectations...

  • CHICAGO, July 19- Agricultural commodities trader Bunge Ltd said on Wednesday it was cutting costs and restructuring its global operations in response to tough market conditions and its shares fell in after-hours trading. Massive global grain stockpiles and low prices following four years of bumper harvests around the world have dragged down profits for...

  • LAFOX, Ill. _ Richardson Electronics Ltd. on Wednesday reported a loss of $125,000 in its fiscal fourth quarter. Richardson Electronics shares have fallen almost 5 percent since the beginning of the year. Keywords: Richardson Electronics, Earnings Report.