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Top News & Analysis Chicago

  • Aug 21- Wall Street edged lower in late morning trading on Monday, led by technology and financial stocks, with caution prevailing amid concerns over the recent turmoil in the White House and simmering tensions between the United States and North Korea. Last week, President Donald Trump fired chief strategist Steve Bannon and disbanded some business councils,...

  • CHICAGO— Grain futures were lower Monday in early trading on the Chicago Board of Trade. Wheat for Sept delivery was lower 3.40 cents at $4.1240 a bushel; Sept corn was down 3.60 cents at $3.4820 a bushel; Sept oats lost 1.60 cents at $2.53 a bushel while Sept soybeans was down 6.20 cents to $9.3120 a bushel. August live cattle was. 08 cent lower at $1.0630 a pound; August...

  • SYDNEY/ PARIS, Aug 21- U.S. corn fell almost 1 percent on Monday as forecasts for rain eased fears of widespread production losses due to recent dry weather, pushing prices to around an eight-week low. The most active corn futures on the Chicago Board Of Trade were down 0.75 percent at $3.63 a bushel by 1025 GMT, the lowest since June 27. The recent stretch of good...

  • SYDNEY, Aug 21- U.S. corn fell nearly 1 percent on Monday as forecasts for rain eased fears of widespread production losses due to recent dry weather, pushing prices to around a seven-week low. The most active corn futures on the Chicago Board Of Trade were down 0.7 percent at $3.63-1/ 4 a bushel by 0341 GMT, having gained 0.4 percent in the previous session.

  • SYDNEY, Aug 21- U.S. corn edged lower on Monday to linger near a seven-week low as weather forecasts called for rain across key producing regions, easing fears of potential production losses due to dry weather. *The most active corn futures on the Chicago Board Of Trade were down 0.5 percent at $3.64 a bushel by 0047 GMT, having gained 0.4 percent in the previous...

  • SAN FRANCISCO, Aug 18- Investors worried about lofty stock-market valuations may take comfort in signs that companies in the benchmark S&P 500 index are padding their bottomlines less than they have in previous years. The difference between S&P 500 companies' GAAP net incomes and the adjusted versions of net income that they play up to Wall Street is expected...

  • DETROIT— General Motors Co. started its car-sharing service, Maven, just over a year ago, placing Chevrolets and Cadillacs in the parking garages of New York apartment buildings for residents to rent. It also offers Maven Gig, a service that lets people rent cars to do jobs like ride-hailing for Lyft or delivering food for GrubHub. Maven Gig expanded into Los...

  • WASHINGTON/ BRIDGEWATER, N.J., Aug 19- President Donald Trump's ouster of chief strategist Steve Bannon is unlikely to mark the abandonment of the administration's "America First" agenda that has unnerved investors and trade partners and split the White House into nationalist and globalist camps. Bannon can now do more to further conservative causes because "...

  • Aug 18- China's state-owned COFCO International Ltd and U.S. farm cooperative Growmark Inc will partner in a deal that gives China more direct access to the food it imports, the companies said on Friday. As part of the deal, the companies said they would jointly own and operate a truck, rail and barge terminal in Cahokia, Illinois, on the Mississippi River, the main...

  • SAN FRANCISCO, Aug 18- Investors worried about lofty stock-market valuations may take comfort in signs that companies in the benchmark S&P 500 index are padding their bottomlines less than they have in previous years. The difference between S&P 500 companies' GAAP net incomes and the adjusted versions of net income that they play up to Wall Street is expected...

  • NEW YORK, Aug 18- The Trump-fed rally in stocks, lately showing signs of faltering as the long Wall Street summer nears its end, faces a key test in the weeks ahead with the approach of a historically unkind season for equities and a clutch of issues- such as raising the debt ceiling- awaiting the return of lawmakers to Washington. "September is historically one of the...

  • SAN FRANCISCO— Former Uber CEO Travis Kalanick is skewering a lawsuit filed by a former ally, describing it as a malicious attempt to sever his remaining ties to the widely used ride-hailing service that he co-founded. Kalanick lashed out in legal documents filed late Thursday in response to a Delaware Chancery Court lawsuit filed against Uber last week by one...

  • Ranchers in North Dakota, South Dakota and Montana have been suffering through the region's worst drought in 30 years, which has withered grazing fields, causing a severe spike in the cost of hay to feed their animals. It will change how they're going to operate for the next several years in order to get through it, "Greg Lardy, head of North Dakota State University's...

  • *Trump legislative failures, valuations worry Wall Street. NEW YORK, Aug 18- The dollar fell to a four-month low against the Japanese yen on Friday as investors sought out the safe-haven currency in light of uncertainty about the White House's ability to push through its economic agenda. President Donald Trump can get Congress to pass the pro-growth measures...

  • Aug 18- Wall Street was lower for the second straight day on Friday on mounting worries about President Donald Trump's ability to legislate his pro-growth agenda, after his comments on the recent violence in Virginia drew widespread criticism. Several business leaders have since resigned from his advisory councils and a White House official said plans for...

  • CHICAGO— Grain futures were higher Friday in early trading on the Chicago Board of Trade. Wheat for Sept delivery was higher 2.40 cents at $4.1640 a bushel; Sept corn was up 1.60 cents at $3.5220 a bushel; Sept oats gained 1.20 cents at $2.5940 a bushel while Sept soybeans was up 2.20 cents to $9.3240 a bushel. August live cattle was. 83 cent lower at $1.0630 a pound;...

  • Aug 18- AT&T Inc is exploring options for its Digital Life home security business, including selling it, as it seeks to pay down debt following its planned $85.4 billion acquisition of Time Warner Inc, people familiar with the matter said. While this would do little to reduce the AT&T's debt, which totaled $143.7 billion on June 30, the sale could be a prelude to more...

  • *CBOT wheat consolidates but Paris wheat slips again. PARIS/ MANILA, Aug 18- Chicago wheat futures edged higher on Friday to hold above day-earlier contract lows but gains were modest as an expected record Russian harvest kept attention on the size of global supplies. Wheat for December delivery on the Chicago Board of Trade was up 0.5 percent at $4.42-3/ 4 a bushel...

  • MANILA, Aug 18- U.S. wheat futures climbed off contract lows on Friday, but gains were modest as investors remained largely bearish towards the grain amid ample global supply. Wheat for December delivery on the Chicago Board of Trade was up 0.5 percent at $4.42-3/ 4 a bushel by 0222 GMT, having touched a contract low of $4.38-3/ 4 on Thursday. A tender by Egypt on...

  • *The most-traded wheat, for September delivery, on the Chicago Board of Trade was up 0.6 percent at $4.43-/ 14 a bushel by 0128 GMT, having touched a contract low of $4.12-1/ 4 on Thursday. *A tender by Egypt on Wednesday drew offers totalling around 1 million tonnes of Russian wheat, underlining big supplies from Russia. Egypt, the world's largest wheat importer, booked...