×

Top News & Analysis Illinois

  • Labor Secretary Hilda Solis, in response to questions from a television anchor casting doubt on the validity of the latest jobless rate figures, said the idea it was manipulated is "ludicrous." "I'm insulted when I hear that, because we have a very professional civil service organization.

  • NEW YORK-- An analyst reiterated his "Buy" rating on plane maker Boeing Co. Friday, noting a recent pullback in the stock and an improving mix of aircraft deliveries. Boeing delivered 10 new Apache attack helicopters, 18 Chinook cargo helicopters and 12 F-18 fighter-bomber jets in the third quarter.

  • CHICAGO-- A federal judge sentenced former Illinois powerbroker William Cellini to a year in prison Thursday for conspiring to shake down a movie producer, capping off the last trial to stem from the investigation of former Gov.

  • The steroid medication suspected in an outbreak of a rare kind of meningitis was shipped to 23 states, according to the Centers for Disease Control and Prevention. The specialty pharmacy that made the steroid, New England Compounding Center of Framingham, Mass., recalled three lots of the drug last week and has shut down operations.

  • LONDON, Oct 5- The booming business of transporting Bakken crude has thrown a lifeline to U.S. railroads, at a time when shipments of coal, their main commodity by volume, have fallen sharply. Coal accounted for just over 43 percent of rail car loadings by weight, and 25 percent of gross revenues, last year according to the Association of American Railroads.

  • Oct 5- Avon Products Inc said on Friday that Executive Chairman Andrea Jung, who was replaced as chief executive officer in April, has decided to step down from the board at the end of 2012, ending what became a tumultuous tenure in recent years. Fred Hassan will become Avon's nonexecutive chairman on Jan. 1.

  • *Zynga shares slide after warning, Facebook slips. *Sprint could counterbid on PCS- sources. NEW YORK, Oct 5- U.S. stocks were poised to rise at the open Friday, with the S&P 500 set to hit its highest since 2007, as a surprise drop in the jobless rate gives legs to this week's rally.

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. RUSSELL PRICE, SENIOR ECONOMIST, AMERIPRISE FINANCIAL, DETROIT. ECONOMIST, RBC CAPITAL MARKETS, NEW YORK.

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. STORY: TABLE GRAPHIC: COMMENTS: JOHN KILDUFF, PARTNER, AGAIN CAPITAL LLC, NEW YORK. RON FLORANCE, MANAGING DIRECTOR OF INVESTMENT STRATEGY FOR WELLS FARGO PRIVATE BANK BASED IN SCOTTSDALE, ARIZONA.

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. RON FLORANCE, MANAGING DIRECTOR OF INVESTMENT STRATEGY FOR WELLS FARGO PRIVATE BANK BASED IN SCOTTSDALE, ARIZONA. "It's a little confusing, to be honest with you.

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. OMER ESINER, CHIEF MARKET ANALYST, COMMONWEALTH FOREIGN EXCHANGE. "The headline of the day is clearly the drop in the unemployment rate, which was a big surprise.

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. LANE NEWMAN, DIRECTOR OF FOREIGN EXCHANGE TRADING, ING CAPITAL MARKETS, NEW YORK. PETER JANKOVSKIS, CO-CHIEF INVESTMENT OFFICER, OAKBROOK INVESTMENTS, LISLE, ILLINOIS.

  • NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. PETER JANKOVSKIS, CO-CHIEF INVESTMENT OFFICER, OAKBROOK INVESTMENTS, LISLE, ILLINOIS.

  • Oct 5- Avon Products Inc said on Friday that Executive Chairman Andrea Jung, who was replaced as chief executive officer in April, will step down from the board at the end of 2012..

  • Italy faces the risk of a credit crunch when its banks have to repay the cheap three-year loans they took from the European Central Bank, the chairman of the country's third-biggest lender Monte dei Paschi said on Thursday.

  • *Supportive U.S. data offset by weak China, Europe reports. NEW YORK, Oct 5- Oil prices fell on Friday and headed for a weekly loss as a fragile global economy and uncertainty about Europe's debt crisis countered any support from a better-than-expected U.S. employment report.

  • The outbreak was first reported in Tennessee, where three people have died and 25 of the cases have been reported. "We do know there were over 700 patients in Tennessee who were exposed," said Dr.

  • NASHVILLE, Tenn., Oct 4- A steroid medication linked to the death of at least five people from rare fungal meningitis may have been administered to patients in 23 states, the U.S. Centers for Disease Control said on Thursday, raising fears the rare outbreak could spread.

  • TOKYO, Oct 5- Japan's Nikkei stock average is likely to tread in range on Friday, as investors wait for the outcome of a Bank of Japan policy meeting due during trading hours, as well as key U.S. jobs data later in the day. closed at 8,845 on Thursday, up 0.1 percent from the Osaka.

  • Oct 4- The Federal Reserve appears to be moving toward adopting specific numerical thresholds for inflation and joblessness as guideposts for monetary policy. Most policymakers think doing so would be a useful step, minutes from the Fed's September policy-setting meeting showed.