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Top News & Analysis Chicago

  • *Nigeria, Libya to attend OPEC, non- OPEC meeting on Friday-source. The market, however, remained buoyant ahead of Friday's meeting between the Organization of the Petroleum Exporting Countries with non- OPEC producers to discuss progress of their 1.8- million barrel per day supply cut deal. Nigeria and Libya will send representatives to the meeting despite...

  • *Operations outside U.S., Canada not part of bankruptcy. Sept 18- Toys' R' Us Inc, the largest U.S. toy store chain, which filed for bankruptcy late Monday, will ask a judge on Tuesday for permission to borrow money so that it can start paying suppliers to ensure it has Lego building blocks and Barbie dolls for the holiday season. The Chapter 11 filing, to restructure $5...

  • Sept 19- Department store operator Kohl's Corp said select merchandise bought from Amazon.com Inc can be returned at 82 Kohl's stores in Los Angeles and Chicago, starting October, further strengthening its partnership with the ecommerce giant. The move follows Kohl's announcement earlier this month that it would sell Amazon's devices, including the...

  • CHICAGO— Grain futures were lower Tuesday in early trading on the Chicago Board of Trade. Wheat for Dec. delivery was off 8 cents at $4.4260 a bushel; Dec corn fell 5.40 cents at 3.50 a bushel; December oats lost 3 cents at $2.3640 a bushel while Nov. soybeans declined 14 cents to $9.6140 a bushel. October live cattle lost. 45 cent at $1.0815 a pound; September feeder...

  • MENOMEE FALLS, Wis.— Kohl's, which is opening some in-store Amazon shops, will start accepting returns for the online retailer at some of its stores in Los Angeles and Chicago starting next month. Kohl's Corp. said Tuesday it will pack and ship eligible Amazon return items for free at the 82 stores offering the service. While the service will allow Kohl's customers...

  • Sept 19- Department store operator Kohl's Corp said on Tuesday that select merchandise bought from Amazon.com Inc can be returned at 82 Kohl's stores in Los Angeles and Chicago, starting October. The move follows Kohl's announcement earlier this month that it would sell Amazon's devices, including the voice-controlled speaker Echo, at 10 of its stores in Los...

  • *Operations outside US, Canada not part of bankruptcy. Sept 18- Toys' R' Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection late Monday, the latest sign of turmoil in the retail industry that is caught in a viselike grip of online shopping and discount chains. Toys' R' Us received a commitment for over $3 billion in debtor-in-possession financing...

  • PONCE, Puerto Rico, Sept 18- Hurricane Maria, the second Category 5 storm to hit the Caribbean this month, plowed into the small island nation of Dominica on Monday with roof-ripping fury on a collision course with the U.S. Virgin Islands and Puerto Rico later this week. Less than 90 minutes later, the center of the storm, described by the NHC as "potentially...

  • Sept 18- Toys' R' Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection on Monday, the latest sign of turmoil in the retail industry caught in a viselike grip of online shopping and discount chains. The retailer's operations outside of the United States and Canada, including about 255 licensed stores and joint venture partnerships in Asia, which...

  • SINGAPORE, Sept 19- Chicago wheat futures lost more ground on Tuesday, falling for a second consecutive session in the face of abundant global supplies. The Chicago Board of Trade most-active wheat contract had eased 0.2 percent to $4.42-1/ 2 a bushel by 0305 GMT, while soybeans added 0.1 percent to $9.68-1/ 2 a bushel. "It is going to be hard for prices to rally because...

  • PONCE, Puerto Rico, Sept 18- The fourth major Atlantic hurricane of the year plowed into the small Caribbean island of Dominica on Monday as a rare, Category 5 storm and will likely bring its roof-ripping winds, torrential rain and pounding surf later in the week to the U.S. Virgin Islands and Puerto Rico. Less than 90 minutes later, the center of the storm, described by...

  • SINGAPORE, Sept 19- Chicago corn and wheat futures lost more ground on Tuesday, falling for a second consecutive session in the face of abundant global supplies. *The Chicago Board of Trade most-active corn contract had slid 0.1 percent to $3.51 a bushel by 0109 GMT, while wheat gave up 0.3 percent to $4.42 a bushel. The USDA last week forecast a U.S. corn yield of 169.9...

  • PONCE, Puerto Rico, Sept 18- The fourth major Atlantic hurricane of the year, Maria, strengthened into a rare Category 5 storm, as it churned through the eastern Caribbean, bearing down on the tiny island nation of Dominica while on a likely collision course with the U.S. Virgin Islands and Puerto Rico. The center of the storm, described by the NHC as "potentially...

  • Sept 18- Shares of Mattel Inc and Hasbro Inc, the two largest U.S. toy makers, fell on Monday on concerns that retailer Toys "R" Us, a major customer, could be filing for bankruptcy protection before the holiday sales season. Reorg Research, which provides news and analysis on the distressed debt market, said on its website that a bankruptcy filing could be made in...

  • BRIDGETOWN, Barbados, Sept 18- The fourth major Atlantic hurricane of the year, Maria, gathered strength on Monday as it churned through the eastern Caribbean, bearing down on the tiny island nation of Dominica while on a likely collision course with the U.S. territory of Puerto Rico. The center of the storm located about 45 miles east-southeast of Dominica as of 5...

  • CHICAGO, Sept 18- U.S. soybean futures closed lower on Monday as a bout of technical selling erased early strength tied to export demand and uncertainty about Midwest yield prospects, analysts said. CBOT November soybeans settled down 1 cent at $9.67-3/ 4 per bushel. December corn ended down 3-1/ 4 cents at $3.51-1/ 2 a bushel and December wheat fell 5-1/ 2 cents to...

  • Sept 18- Shares of U.S. toy companies Mattel Inc and Hasbro Inc fell on Monday on concerns that retailer Toys "R" Us, a major customer, could be filing for bankruptcy protection before the holiday sales season. Reorg Research said a bankruptcy filing could be made in Virginia as soon as Monday. "If there is any kind of bankruptcy filing, it will have a major disruption for...

  • BRIDGETOWN, Barbados, Sept 18- A rapidly strengthening Hurricane Maria barreled towards the eastern Caribbean islands with 125 mile-per-hour winds on Monday, threatening the region with its second major storm this month. Officials from French-controlled Martinique to the U.S. Virgin Islands warned residents to prepare for the storm, now ranked by U.S....

  • Sept 18- Shares of U.S. toy companies Mattel Inc and Hasbro Inc fell on Monday on concerns that retailer Toys "R" Us, a major customer, could be filing for bankruptcy before the holiday sales season. "If there is any kind of bankruptcy filing, it will have a major disruption for all of the toy suppliers," said Lutz Muller, chief executive officer of toy retail consultancy...

  • Trudeau said Canada "won't do business with a company that's busy trying to sue us and put our aerospace workers out of business." Canada had been in talks to purchase 18 Super Hornet fighter jets from U.S. aerospace giant Boeing, but those have been on hold because of the Bombardier dispute. Boeing spokesman Scott Day took issue with Trudeau, saying Boeing is not...