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Top News & Analysis Illinois

  • *Operations outside U.S., Canada not part of bankruptcy. Sept 18- Toys' R' Us Inc got court permission on Tuesday to borrow more than $2 billion to start paying suppliers so it can stock up on items like Lego building blocks and Barbie dolls for the holiday season, a day after it filed for bankruptcy. Ten days later, nearly all the company's vendors refused to ship...

  • *Operations outside U.S., Canada not part of bankruptcy. Sept 18- Toys' R' Us Inc got court permission on Tuesday to borrow more than $2 billion to start paying suppliers so it can stock up on items like Lego building blocks and Barbie dolls for the holiday season, a day after it filed for bankruptcy. Ten days later, nearly all the company's vendors refused to ship...

  • WOOD DALE, Ill. _ AAR Corp. on Tuesday reported fiscal first-quarter net income of $10.6 million. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 31 cents per share. Three analysts surveyed by Zacks expected $412.1 million.

  • *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...

  • NEW YORK/ LONDON, Sept 19- Gold was flat on Tuesday, barely budged from the prior session's two-week low, with trading lackluster as Federal Reserve policy makers headed into a two-day meeting that financial markets will watch for clues on the outlook for U.S. monetary tightening. Trading volume was "slightly softer, which is generally to be expected ahead of the...

  • CHICAGO, Sept 19- Chicago corn futures fell about 1 percent on Tuesday on chart-based selling as the harvest of a large U.S. crop loomed, traders said. As of 12:35 p.m. CDT, Chicago Board of Trade December corn was down 4 cents at $3.47-1/ 2 per bushel after dipping to $3.46-1/ 2, its lowest in a week. CBOT December wheat was down 3-3/ 4 cents at $4.39-3/ 4 a bushel and November...

  • CHICAGO, Sept 19- A Wisconsin appeals court on Tuesday upheld the state's "right-to-work" law, which bars mandatory union membership and prohibits unions or employers from requiring non-members to pay dues. In July, the 7th U.S. Circuit Court of Appeals in Chicago threw out a similar federal challenge and also ruled the law constitutional. It marked a win for...

  • Sept 19- Department store operator Kohl's Corp said it would accept returns of select items bought from Amazon.com Inc at some of its stores in Los Angeles and Chicago, expanding its partnership with the ecommerce giant. The move follows Kohl's announcement earlier this month that it would sell Amazon's devices, including the voice-controlled speaker Echo,...

  • *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...

  • Walgreens and Rite Aid have finally devised a deal between the nation's largest and third-largest drugstore chains that will get past antitrust regulators. Walgreens will now spend $4.38 billion on 1,932 stores, three distribution centers and inventory. That deal marked a step down from Walgreens' initial plan to take over Camp Hill, Pennsylvania- based Rite...

  • 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...