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  • BRENTFORD, Britain _ GlaxoSmithKline PLC on Wednesday reported a second-quarter loss of $620 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Brentford, Britain- based company said it had a loss of 26 cents. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 55 cents per...

  • SYDNEY, July 27- U.S. wheat edged higher on Wednesday, rebounding from losses of more than 3 percent in the previous session, drawing support a widely watched U.S. crop tour that pegged yields below five-year average levels. *The most active wheat futures Chicago Board Of Trade rose 0.1 percent to $4.15-1/ 2 a bushel, having closed down 3.3 percent on Tuesday.

  • DES MOINES, Iowa— The Texas company planning a crude oil pipeline that will cut across Iowa received the final federal permit approvals Tuesday needed to proceed with construction. Documents posted by the Iowa Utilities Board show the U.S. Army Corps of Engineers approved 60 river crossings in Iowa for Dakota Access, a decision pipeline opponents hoped to stop.

  • WASHINGTON— Unemployment rates ticked up noticeably in six states in June, even as employers continued to add jobs and the hiring outlook improved. A similar trend played out in five other states: Nevada and Oregon each saw a 0.3 percent increase, while rates went up 0.2 points in California, Maine and South Dakota. South Dakota had the nation's lowest rate in June,...

  • SIOUX FALLS, S.D. _ NorthWestern Corp. on Friday reported second-quarter earnings of $35.6 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Jason Galanis, 46, of Los Angeles, admitted to securities fraud, investment adviser fraud, and two conspiracy charges at a hearing before U.S. The case is one of two pending against Jason Galanis, who was nicknamed "Porn's New King" by Forbes magazine in 2004 after buying the nation's largest processor of credit card payments for internet pornography.

  • NEW YORK, July 20- A 73- year-old Californian charged with running a scheme with three of his sons to manipulate the stock price of reinsurer Gerova Financial Group Ltd and then dump the shares at inflated prices pleaded guilty to fraud on Wednesday, U.S. prosecutors said. John Galanis, of Oceanside, California, admitted to securities fraud and conspiracy charges...

  • *Corn, soybeans as USDA keeps rating steady. LONDON, July 19- Chicago corn and soybean futures were lower on Tuesday after a weekly report issued by the U.S. Department of Agriculture indicated crops remain in very good condition. "Corn and soybeans are in correction mode as the USDA crop report is showing no deterioration in the condition of both crops," said Kaname...

  • *Soybeans, corn fall as USDA keeps rating steady. Chicago Board of Trade most-active corn contract fell 1 percent to $3.59-3/ 4 a bushel by 0311 GMT, having gained 1.4 percent in the previous session. "Corn and soybeans are in correction mode as the USDA crop report is showing no deterioration in the condition of both crops," said Kaname Gokon at brokerage Okato Shoji...

  • SYDNEY, July 19- U.S. corn futures fell nearly 1 percent on Tuesday after the U.S. Department of Agriculture pegged the condition of the U.S. crop at above market expectations, though concerns over unfavourible weather provided a floor to losses. *USDA rated 76 percent of the corn crop as good to excellent, unchanged from a week earlier. *USDA rated 71 percent of the...

  • CHICAGO, July 18- U.S. corn futures firmed on Monday as forecasts for scorching heat this week in the Midwest, where the crop is pollinating, fueled concerns about yield prospects, traders said. At the Chicago Board of Trade, most-active December corn settled up 5 cents at $3.63-1/ 4 per bushel. November soybeans ended up 9 cents at $10.66-1/ 4 a bushel and September...

  • WASHINGTON, July 14- The chairman of the U.S. Senate committee that oversees auto safety issues wrote Tesla Motors Inc Chief Executive Elon Musk on Thursday, asking the automaker to brief the committee on a fatal May 7 crash involving its Autopilot software. Senator John Thune, a South Dakota Republican who heads the U.S. Senate Committee on Commerce, Science, and...

  • Sen. John Thune

    A U.S. Senate committee asked the automaker to brief the committee on a fatal May 7 crash involving its Autopilot software.

  • WASHINGTON, July 14- The chairman of the U.S. Senate committee that oversees auto safety issues wrote Tesla Motors Inc Chief Executive Elon Musk on Thursday, asking the automaker to brief the committee on a fatal May 7 crash involving its Autopilot software. Senator John Thune, a South Dakota Republican who heads the U.S. Senate Committee on Commerce, Science, and...

  • DETROIT— Consumer Reports said Thursday that Tesla Motors is misleading car owners by calling its semi-autonomous driving system "Autopilot," potentially giving them too much trust in their car's ability to drive itself. With its statement, Consumer Reports joined a debate over autonomous driving technology that escalated after authorities revealed that...

  • *Most-active Chicago corn hits lowest since May 20. SINGAPORE, June 23- Chicago corn slid for a fourth session on Thursday with the market hitting its lowest in more than a month as widespread rains across the U.S. Thunderstorms were reported over parts of South Dakota, Missouri, Iowa and Illinois, bringing bursts of heavy rainfall totalling more than 2 inches per...

  • SINGAPORE, June 23- Chicago corn slid for a fourth session on Thursday with the market hitting its lowest in more than a month as widespread rains across the U.S. *Thunderstorms were reported over parts of South Dakota, Missouri, Iowa and Illinois, bringing bursts of heavy rainfall totalling more than 2 inches per hour in spots. Commodity funds were net sellers of...

  • *FCC's net neutrality rules put in place last year. *FCC head hails a "victory for consumers and innovators". In siding with the FCC, the court treated the internet like a public utility and opened the door to further government internet regulations.

  • In siding with the FCC, the court treated the internet like a public utility and opened the door to further government internet regulations. Opponents of the regulations said the FCC exceeded its authority and condemned the ruling as an endorsement of investment-chilling public-utility regulation. But Senator John Thune, a South Dakota Republican who...

  • CHICAGO, June 8- Chicago Board of Trade soybean futures jumped 3.4 percent to their highest in nearly two years on Wednesday as forecasts for hot temperatures to hit key growing U.S. regions stoked fears of damage to nascent crops, traders said. "The weather is mostly dry this week, but now meteorologists are wrestling over how much rain we will see the middle of next...