Top News & Analysis Minnesota

  • *OPEC cut output sharply in December. NEW YORK, Jan 17- Oil prices steadied on Thursday, boosted by a rebound in U.S. equities and news that OPEC sharply curtailed production in December, after earlier losses on fears about surging U.S. crude output and weakening global demand. "One thing we've seen in the past- and I think we'll see it again- is that when OPEC over the last...

  • *Pound supported as UK PM May wins confidence vote. NEW YORK, Jan 17- Gains in defense shares as well as healthcare helped to keep U.S. stocks in positive territory on Thursday, while an end to the latest chapter in Britain's exit from the European Union, Prime Minister Theresa May's defeat of a confidence vote, lifted sterling. There is a ritual in the stock market of...

  • CHICAGO, Jan 17- A steep downturn in U.S. ethanol output linked to the trade war with China is raising costs for American farmers who feed a byproduct of the corn-based biofuel to hogs, cattle and chickens. Sales of the feed, known as distillers' dried grains, or DDGs, were one of the bright spots for ethanol makers such as Green Plains Inc, Valero Energy Corp and Pacific...

  • CHICAGO, Jan 16- Chicago Mercantile Exchange lean. 6, settling 2.100 cents lower at 60.050 cents per pound. Hogs in the top cash market of Iowa and southern Minnesota edged up 44 cents to $51.91 per cwt, according to the U.S. Department of Agriculture.

  • *Bank of America, Goldman Sachs rise after results. *Financials gain the most among S&P 500 sectors. NEW YORK, Jan 16- Wall Street's major indexes hit one-month highs on Wednesday as upbeat earnings from Bank of America Corp and Goldman Sachs Group Inc boosted investor sentiment.

  • **MADRID- Bank of Spain Governor Pablo Hernández de Cos will deliver a speech on the Spanish economy at the 9th edition of Spain Investors Day- 1900 GMT STRASBOURG, France- ECB President Mario Draghi participates in meeting of the plenary of the European Parliament to mark the 20th anniversary of the euro in Strasbourg 1030 GMT. STRASBOURG, France- The European...

  • STRASBOURG, France- The European Central Bank's President Mario Draghi addresses the European Parliament and responds to questions from lawmakers about the ECB's annual report for 2017.- 1500 GMT OSLO- Norwegian Finance Minister Siv Jensen delivers speech on the "state of the nation" at a breakfast seminar- 0800 GMT. PHILADELPHIA, United States- Federal...

  • STRASBOURG, France- The European Central Bank's President Mario Draghi addresses the European Parliament and responds to questions from lawmakers about the ECB's annual report for 2017.- 1500 GMT OSLO- Norwegian Finance Minister Siv Jensen delivers speech on the "state of the nation" at a breakfast seminar- 0800 GMT. PHILADELPHIA, United States- Federal...

  • Jan 10- A federal judge in Minnesota ruled this week that Dairy Queen, owned by Warren Buffett's Berkshire Hathaway Inc, may pursue its lawsuit to stop W.B. The St. Paul- based judge wrote on Jan. 8 that a 1990 legal precedent gave her jurisdiction because W.B. Mason had registered with Minnesota authorities, despite recent Supreme Court decisions suggesting that...

  • RALEIGH, N.C., United States- Richmond Fed President Tom Barkin speaks in North Carolina to the Greater Raleigh Chamber of Commerce at its 2019 Economic Forecast event- 1335 GMT. MILWAUKEE, United States- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and monetary policy before event, Milwaukee Business Journal...

  • WEDNESDAY, JANUARY 9 RIVERWOODS, Illinois- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and monetary policy at the Discover Financial Services meeting- 1400 GMT. BOSTON- Federal Reserve Bank of Boston President Eric Rosengren speaks on the economic outlook before the Boston Economic Club- 1630 GMT.

  • *Tech bounces back from largest one-day drop since Aug. 2011. *Plans for U.S.- China trade talks send industrials higher. NEW YORK, Jan 4- Wall Street rebounded on Friday to close at its highest in two weeks after a strong jobs report and assurances from Federal Reserve Chairman Jerome Powell that the central bank would be patient and flexible in steering the course...

  • Dec 27- A motorist was killed in Kansas on Thursday in a crash blamed on a fierce blizzard slamming the U.S. The traffic fatal crash along Interstate 70 near the city of Oakely prompted the Kansas Highway Patrol to shut down a portion of the major east-west artery. Midwest and Southeast were inundated with the first wave of heavy snow and rain expected in the...

  • Midwest and Southeast were being hit with the first wave of heavy snow and rain expected in the central United States through the weekend, said Marc Chenard, a meteorologist with the National Weather Service. In the Midwest, winter storm and blizzard warnings were in effect for parts of Kansas, Nebraska, North Dakota, South Dakota and Minnesota, the National...

  • In the Midwest, winter storms and blizzard warnings were already in effect for parts of Kansas, Nebraska, North Dakota, South Dakota and Minnesota, said NWS meteorologist Marc Chenard. Chenard said the storm system was also causing heavy rain and thunderstorms with the risk of flash floods in the southeastern United States, including parts of Texas, Louisiana,...

  • *Wall Street rally pares safe-haven bids for bonds. Treasury prices fell on Wednesday, giving benchmark 10- year yields the biggest boost in 7-1/ 2 weeks as Wall Street staged a dramatic rebound from its recent rout and investors were cool to $41 billion of five-year Treasury supply. The benchmark S&P 500 index finished up nearly 5 percent, marking its biggest...

  • *Wall Street rally pares safe-haven bids for bonds. Treasury yields rose on Wednesday as Wall Street rebounded from its recent rout and weak demand for $41 billion of five-year government debt supply reduced the appeal of holding the securities. The benchmark S&P 500 index jumped 2.7 percent after White House economic adviser Kevin Hassett said Federal...

  • Dec 21- Minnesota prosecutors will not charge the billionaire chief executive officer of China's JD.com Inc, Richard Liu, after he was accused of rape by a University of Minnesota student during a recent U.S. visit, authorities said on Friday. In a statement, Freeman said that after an investigation by Minneapolis police and a review by four senior sexual assault...

  • Dec 21- Minnesota prosecutors will not charge the billionaire chief executive officer of China's JD.com Inc, Richard Liu, after he was accused of rape by a University of Minnesota student during a recent U.S. visit, authorities said on Friday. In a statement, Freeman said that after an investigation by Minneapolis police and a review by four senior sexual assault...

  • Dec 21- Minnesota prosecutors will not charge the chief executive officer of China's JD.com Inc, Richard Liu, after he was accused of rape by a University of Minnesota student during a recent U.S. visit, authorities said on Friday. Liu, a 45- year-old billionaire who maintains tight control of JD.com, was released without charge about 17 hours after he was arrested...