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Top News & Analysis Illinois

  • *Soybeans climb to highest since Dec. 12 on Argentina dryness. SINGAPORE, Jan 22- Chicago soybean futures gained more ground on Monday with the market climbing to its highest in almost six weeks on concerns over dry weather in Argentina and delays in Brazilian harvest. The most-active soybean contract on the Chicago Board of Trade was up 0.5 percent at $9.82-1/ 2 a...

  • **WASHINGTON- Senate Banking Committee holds a hearing on the nomination of Marvin Goodfriend to be a member of the Federal Reserve Board of Governors- 1500 GMT. STOCKHOLM- The Riksdag Committee on Finance is holding an open hearing on financial stability and macroprudential policy. Minister for Financial Markets Per Bolund, Riksbank Governor Stefan Ingves,...

  • Jan 21- U.S. lawmakers struggled on Sunday to reach a breakthrough during the second day of a government shutdown. The last shutdown, in October 2013, lasted more than two weeks and more than 800,000 federal employees were furloughed. MILITARY: The Defense Department says a shutdown would not affect the U.S. military's war in Afghanistan or its operations against...

  • As the Senate appears to inch closer to an agreement to end a shutdown, the White House says President Donald Trump won't budge on his demand that Democrats vote to reopen the government before negotiating on immigration policy. White House spokeswoman Sarah Huckabee Sanders accuses Democrats of trying to distract from Trump's first-year accomplishments...

  • CHICAGO/ CALGARY, Alberta, Jan 20- Top U.S. grain merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd, according to a person familiar with the approach, which could set up a bidding war with Swiss-based rival Glencore Plc.. Thin margins have squeezed core commodity trading operations, including those of ADM, Bunge, Cargill Inc and Louis Dreyfus Co,...

  • "I've never seen any single hashtag that has had this amount of activity behind it," said Bret Schafer, an analyst who helps runs the Hamilton 68 dashboard, a project with the Alliance for Securing Democracy at the German Marshall Fund. Peter King, a New York Republican, revealed a brief report produced by Republican staff dealing with Trump's wiretapping...

  • **WASHINGTON- Senate Banking Committee holds a hearing on the nomination of Marvin Goodfriend to be a member of the Federal Reserve Board of Governors- 1500 GMT. STOCKHOLM- The Riksdag Committee on Finance is holding an open hearing on financial stability and macroprudential policy. Minister for Financial Markets Per Bolund, Riksbank Governor Stefan Ingves,...

  • CHICAGO/ CALGARY, Alberta, Jan 19- Top U.S. grains merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd, the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London- based rival Glencore Plc.. Thin margins have squeezed core commodity trading operations, including those of Bunge, ADM, Cargill Inc and Louis...

  • USDA's Food Safety and Inspection Service New Swine Slaughter Inspection System, in part will allow some companies under the volunteer program to conduct meat inspections. And the cap on chain speeds- the rate that packing plants process animals- will be removed with packers still responsible for maintaining already strict animal welfare and employee...

  • LOS ANGELES— The Latest on changes at the Los Angeles Times:. The Times' parent company, Chicago- based Tronc Inc., announced Friday that Levinsohn is stepping aside while the firm investigates allegations disclosed a day earlier. Los Angeles Times journalists have voted to unionize for the first time in the paper's 136- year history.

  • LONDON, Jan 19- The chief executive of Dixons Carphone has quit Britain's largest electricals and mobile phone retailer to run the Boots chain in the country, Dixons said on Friday. Boots in the UK is part of Walgreens Boots Alliance, based in Deerfield, Illinois, which was formed in 2014 after Walgreens purchased the majority stake in UK and Switzerland- based...

  • Administrative Law Judge Lauren Esposito in Manhattan said that even though the trial is expected to wrap up as soon as next week, McDonald's, its franchisees, and the National Labor Relations Board's general counsel should have a chance to pursue a settlement. The office of General Counsel Peter Robb, appointed by President Donald Trump and took office in...

  • Jan 19- Agricultural processing and trading company Archer Daniels Midland Co has proposed a takeover of Bunge Ltd, the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London- based rival Glencore Plc in an industry moving toward consolidation. White Plains, New York- based Bunge operates in more than 40 countries and is...

  • Jan 19- Agricultural processing and trading company Archer Daniels Midland Co has proposed a takeover of Bunge Ltd, the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London- based rival Glencore Plc. Bunge and other top grains traders- who make money by buying, selling, storing, shipping and trading crops- are struggling to...

  • Houston, Jan 19- Oil prices ended down on Friday and broke a four-week winning streak after a rally that had taken benchmarks to three-year highs, as investors sold positions on re-emerging U.S. production concerns. Brent crude futures fell 70 cents, or 1 percent, to settle at $68.61 a barrel after hitting a session low of $68.28. West Texas Intermediate crude...

  • LOS ANGELES— Los Angeles Times Publisher and Chief Executive Ross Levinsohn was placed on an unpaid leave of absence amid allegations of past improper behavior, it was announced Friday. Some Times employees had called for Levinsohn to be fired after National Public Radio reported Thursday on allegations that he had engaged in what has been termed "frat-boy"...

  • *Chicago plans $661 mln bond sale, down from $898 mln. Jan 19- Chicago will hit the U.S. municipal market next week with a downsized version of a bond issue that originally had been slated to sell this week. Chicago's Sales Tax Securitization Corp plans to sell $661 million of tax-exempt and taxable bonds, according to a market source familiar with the deal.

  • NEW YORK, Jan 19- Delta Air Lines is tightening the requirements for passengers traveling with onboard service and emotional support animals, the carrier said on Friday, following a sharp uptick in pet-related safety issues in recent years. "The rise in serious incidents involving animals in flight leads us to believe that the lack of regulation in both health...

  • NEW YORK, Jan 19- Yields on the 10- year U.S. government note hit a three-year high on Friday as weakness in overnight trading led the debt to test key technical support levels, before the higher yields attracted new buyers. "This is one of those times when the price action is deciding further price action," said Michael Lorizio, senior fixed income trader at Manulife...

  • NEW YORK/ LONDON, Jan 19- Gold prices rose slightly on Friday as the U.S. dollar hovered near a three-year low on heightened fears of a U.S. government shutdown, but the precious metal was still on track for its first weekly drop in six weeks. The U.S. dollar fell versus a basket of currencies as the U.S. Senate raced to avert a government shutdown on Friday ahead of a...