Top News & Analysis Illinois

  • SYDNEY, Jan 20- U.S. soybeans edged down on Friday, continuing their retreat from a six-month high touched earlier in the week, but the oilseed was headed for a weekly gain of more than 1.5 percent on concerns over potential crop damage in Argentina. *Soybeans draw support from the threat of rain damage to crops in Argentina, a major exporter of soybeans and the top...

  • SAN FRANCISCO, United States- San Francisco Fed President John Williams to closing remarks before the Bay Area Council 10th Annual Economic Forecast event- 1800 GMT. TOKYO- Bank of Japan Deputy Governor Hiroshi Nakaso to attend a meeting of the International Bankers Association of Japan. SOMERSET, United States- Philadelphia Fed President Patrick Harker...

  • SAN FRANCISCO, United States- San Francisco Fed President John Williams to closing remarks before the Bay Area Council 10th Annual Economic Forecast event- 1800 GMT. TOKYO- Bank of Japan Deputy Governor Hiroshi Nakaso to attend a meeting of the International Bankers Association of Japan. SOMERSET, United States- Philadelphia Fed President Patrick Harker...

  • CANNON BALL, N.D., Jan 19- Tensions have increased this week near the construction site of the Dakota Access pipeline, with repeated clashes between protesters and police ahead of Friday's inauguration of President-elect Donald Trump, an unabashed fan of the $3.8 billion project. "It's closing in on the inauguration, and people want to make sure that their voices...

  • Jan 19- A federal appeals court rejected former Sentinel Management Group Inc chief Eric Bloom's bid to void his conviction and 14- year prison sentence over an estimated $666 million fraud that led to the demise of his suburban Chicago firm and a big writedown for Bank of New York Mellon Corp. The 7th U.S. Circuit Court of Appeals in Chicago on Thursday disagreed...

  • *Soybeans snap four-day rally on Argentina rain risks. Chicago Board of Trade March wheat futures settled down 7-1/ 2 cents at $4.23-1/ 2 per bushel. March soybeans ended down 4-3/ 4 cents at $10.70-1/ 4 a bushel while March corn rose 1-1/ 4 cents at $3.66-1/ 4 a bushel.

  • CHICAGO, Jan 19- Chicago's $888.7 million of tax-free general obligation bonds fetched hefty yields and coupons on Thursday, as the city paid a stiff market penalty for its fiscal woes. Yields in Chicago's deal were also much fatter than those of other muni bonds carrying the same low-investment grade ratings of BBB-minus from Fitch Ratings and BBB-plus from...

  • President-elect Donald Trump officially announced Sonny Perdue as his choice for secretary of agriculture on Thursday, selecting a former Georgia governor over candidates from the Midwest states that dominate U.S. agricultural exports. He was elected to two terms as governor of Georgia, a leading producer of cotton and peanuts, serving from 2003 to 2011.

  • Six police officers suffered minor injuries and one protester was taken to a hospital after a clash between law enforcement and opponents of the Dakota Access pipeline in southern North Dakota. The Morton County Sheriff's Office says the clash occurred Wednesday night at a blockaded bridge near the protesters' main encampment along the route of the $3.8...

  • WASHINGTON, Jan 19- TCF National Bank was on Thursday accused of "tricking consumers" into costly overdraft services in a lawsuit by the U.S. Consumer Financial Protection Bureau. According to the lawsuit, Minnesota- based TCF National Bank wrongly pushed customers into a costly overdraft protection that generated hundreds of millions of dollars in revenue.

  • President-elect Donald Trump officially announced Sonny Perdue as his choice for secretary of agriculture on Thursday, selecting a former Georgia governor over candidates from the Midwest states that dominate U.S. agricultural exports. He served two terms as Georgia governor from 2003 to 2011. Georgia accounted for just 2 percent of total U.S. agriculture...

  • CHICAGO— Grain futures were lower Thursday in early trading on the Chicago Board of Trade. Wheat for March delivery was 4.40 cents lower at $4.2640 a bushel; March corn was down. 60 cent at $3.6420 a bushel; March oats was down 2.60 cents at $2.5420 a bushel while January soybeans lower 7 cents to $10.68 a bushel. February live cattle was. 23 cent lower at $1.1995 a pound;...

  • BISMARCK, N.D.— A group of about two dozen North Dakota landowners is suing the developer of the disputed Dakota Access oil pipeline for alleged deceit and fraud in acquiring land easements. Other court battles are playing out in federal court in North Dakota and Washington, D.C.. The Morton County landowners in the lawsuit, filed this month in U.S. District Court,...

  • MORGANTOWN, W.Va.— A federal appeals court affirmed the criminal conviction of former Massey Energy CEO Don Blankenship on Thursday in connection with the deadliest U.S. mine disaster in four decades. The 4th U.S. Circuit Court of Appeals dismissed the concerns of coal industry associations that Blankenship's conviction would set a new precedent putting...

  • CHICAGO _ Gatx Corp. on Thursday reported fourth-quarter net income of $30.9 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share. Gatx shares have decreased 7 percent since the beginning of the year.

  • *Soybeans snap 4- day rally on Argentina rain risks. PARIS/ SINGAPORE, Jan 19- Chicago soybeans eased on Thursday as prices consolidated from a six-month high a day earlier that was driven by the threat of rain damage to crops in major exporter Argentina. But with drier weather forecast in Argentina this week and neighbouring Brazil already harvesting what is...

  • Powerful firms such as Citadel LLC and Millennium Management LLC charge clients for such costs through so-called "pass-through" fees, which can include everything from a new hire's deferred compensation to travel to high-end technology. Clients of losing funds last year, including those managed by Blackstone Group LP's Senfina Advisors LLC, Folger Hill...

  • CANBERRA, Australia— Vegemite, the salty, brown spread beloved in Australia, is going home, purchased by an Australian dairy company from the maker of Oreos. Mondelez International Inc. said Wednesday it was selling Vegemite and other Australian and New Zealand grocery products to Bega Cheese in a deal worth about $345.3 million. Deerfield, Illinois- based...

  • Powerful firms such as Citadel LLC and Millennium Management LLC charge clients for such costs through so-called "pass-through" fees, which can include everything from a new hire's deferred compensation to travel to high-end technology. Clients of losing funds last year, including those managed by Blackstone Group LP's Senfina Advisors LLC, Folger Hill...

  • *Soybeans snap 4 days of gains, market eyes Argentina weather. SINGAPORE, Jan 19- Chicago soybeans eased from a six-month high on Thursday with the market snapping four sessions of gains on a stronger dollar although losses were limited by concerns that floods could crimp output in Argentina, the world's third-biggest producer. The most-active soybean...