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Top News & Analysis Illinois

  • CHICAGO, Aug 16- A test that scans blood for tumor-specific DNA identified early-stage cancer in more than half of 138 patients with the disease, U.S. researchers reported on Wednesday, marking a new milestone in the rush for so-called "liquid biopsies." Several companies already offer tests that can detect cancer DNA in the blood of patients with late-stage...

  • CHICAGO, Aug 16- Chicago Board of Trade wheat futures sank to contract lows on Wednesday as ample global supplies provided overseas buyers with cheaper alternatives to U.S. offerings in export deals, traders said. CBOT December corn futures ended down 2 cents at $3.66-1/ 2 a bushel. Egypt, the world's largest wheat buyer, on Wednesday said it signed deals to buy...

  • NEW YORK, Aug 16- Proprietary trading firm DRW Holdings on Wednesday said it agreed to buy RGM Advisors, in the latest example of consolidation among high-frequency trading firms, which have struggled remain profitable amid rising costs and low market volatility. That has led to many smaller, and some larger, HFT firms being sold, including Chopper Trading to...

  • Bankruptcy Judge Brendan Shannon in Wilmington, Delaware, granted a 90- day halt on lawsuits brought by Hawaii, New Mexico, the U.S. Virgin Islands as well as individuals. Takata argued for a six-month freeze on hundreds of lawsuits so management could complete a $1.6 billion sale of its viable operations, crucial to its reorganization, and replace air bag...

  • Aug 16- Target Corp on Wednesday reported an increase in second-quarter comparable-store sales after four straight negative quarters, driven by improved online traffic and demand across all businesses except groceries. Chief Executive Officer Brian Cornell said comparable sales rose across all Target's categories during the quarter, except food and...

  • Bankruptcy Judge Brendan Shannon said on Wednesday in the Wilmington, Delaware courtroom. Takata and TK Holdings Inc, its U.S. unit, said they faced tens of billions of dollars in liabilities when they filed for bankruptcy protection in June, including claims from automakers that used its airbags and individuals who filed class-action lawsuits.

  • JEFFERSON CITY, Mo.— Missouri utility regulators on Wednesday rejected a proposed high-voltage power line to carry wind power across the Midwest to eastern states, delivering a significant setback to developers of one of the nation's longest transmission lines. The 780- mile-long line would run from wind farms in western Kansas through Missouri and...

  • CHICAGO, Aug 16- Chicago Board of Trade wheat futures sank to contract lows on Wednesday as ample global supplies provided overseas buyers with cheaper alternatives to U.S. offerings in export deals, traders said. At 10:03 a.m. CDT, CBOT December corn futures were down 3 cents at $3.65-1/ 2 a bushel. "Wheat prices in Chicago slumped from the start of the week due to...

  • CHICAGO— Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade. Wheat for Sept delivery was lower 1.40 cents at $4.28 a bushel; Sept corn was down. 60 cent at $3.5440 a bushel; Sept oats lost. 40 cent at $2.5860 a bushel while Sept soybeans was down 1.40 cents to $9.2020 a bushel. August live cattle was. 70 cent lower at $1.0935 a pound; August...

  • Moody's retail analyst Charlie OShea said since Target's share repurchases for the quarter "slowed to a trickle," it will give the retailer the cash to execute its transition plan. Excluding items, Target earned $1.23 per share in the quarter ended July 29, beating the average analyst estimate of $1.19, according to Thomson Reuters I/B/E/S.

  • *Price drops spur import tenders from Egypt, Tunisia. PARIS/ SINGAPORE, Aug 16- Chicago wheat futures edged higher on Wednesday, steadying above a 2-1/ 2 month low, as import tenders offered fresh demand to absorb some of a bumper crop in the Black Sea region that has been hanging over the market. The state buyer in Egypt, the world's biggest importer, and fellow grain...

  • LONDON, Aug 16- The rebalancing of the oil market desired by the leading producers has been a stubborn process, the International Energy Agency wrote in its latest monthly oil market report. Front-month WTI futures are currently trading at $47.87 per barrel which is almost unchanged from $46.58 on Aug. 16, 2016. For all the meetings of OPEC and non- OPEC ministers,...

  • SAN FRANCISCO— More than 60 stories above the ground, construction workers climb makeshift stairs and cross narrow steel planks to put the finishing touches on Salesforce Tower, now San Francisco's tallest building. Salesforce Tower and a massive adjoining transit center also embody a larger transition in San Francisco— one that pits the technology...

  • PITTSBURGH— The organizer of protests planned at Google offices around the country says he's trying to decide whether to cancel the rallies due to concerns over possible violence. Organizer Jack Posobiec tells the Pittsburgh Tribune-Review Tuesday that he's very concerned about threats of violence at the scheduled events Saturday in Pittsburgh and...

  • *Wall St indexes flat after Monday's rally. NEW YORK, Aug 15- The U.S. dollar and U.S. After last week's market jitters from escalating U.S.- North Korea tensions, investors were relieved to be able to look beyond geopolitics at least temporarily after North Korean leader Kim Jong Un said he would watch the United States' actions for a while longer before deciding...

  • The letter, from the Rail Customer Coalition sent on Monday, is the latest challenge to CSX Chief Executive Hunter Harrison's effort to ramp up productivity at the Jacksonville, Florida- based railroad and fulfill investor expectations for substantially better financial performance. Senators John Thune of South Dakota and Bill Nelson from Florida, and...

  • BISMARCK, N.D.— North Dakota regulators on Tuesday granted a request by the developer of the Dakota Access pipeline to postpone a public hearing on whether the company violated state rules, though not without dissent. Her comments came a day after she said Energy Transfer Partners at times had been "somewhat dismissive" of the commission's concerns.

  • Aug 15- South Carolina sued Purdue Pharma LP on Tuesday, becoming the latest state or local government to accuse the OxyContin maker of deceptive marketing practices that have contributed to a national opioid addiction epidemic. The lawsuit by South Carolina Attorney General Alan Wilson, filed in Richland County Court of Common Pleas in Columbia, accuses the...

  • Aug 15- South Carolina sued Purdue Pharma LP on Tuesday, becoming the latest state or local government to accuse the OxyContin maker of deceptive marketing practices that have contributed to a national opioid addiction epidemic. The lawsuit by South Carolina Attorney General Alan Wilson, filed in Richland County Court of Common Pleas in Columbia, accuses the...

  • CHICAGO— Grain futures were lower Tuesday in early trading on the Chicago Board of Trade. Wheat for Sept delivery was lower 9.40 cents at $4.3140 a bushel; Sept corn was down 5.40 cents at $3.5720 a bushel; Sept oats lost. 40 cent at $2.61 a bushel while Sept soybeans was down 7.60 cents to $9.25 a bushel. August live cattle was 1.05 cents lower at $1.08 a pound; August...