Written By: Gino Vicci on May 17, 2012 No Comment
CME reduces proposed electronic grain trading day by one hour

CME Group shaved an hour from its planned 22-hour electronic trading day for grains futures and options, but critics are still crying foul.

Written By: Elizabeth Bunn on May 17, 2012 No Comment
Housing bubble burst: five years later

Five years after the U.S. housing bubble burst, a jump in housing starts and a decline in foreclosure filings have some predicting a turnaround.

Written By: Will Green on May 17, 2012 No Comment
Live Blogging: Cosi first quarter results and conference call

Cosi’s CEO defended the company’s plan to issue $15 million in new shares later this month during the company’s conference call and said he expects Cosi to post a profit for fiscal 2012, excluding interest, taxes and other non-cash items.

Written By: Ian Sawicki on May 17, 2012 No Comment
Minimal oversight breeds super bacteria in ethanol production

Pressure is mounting on the Food and Drug Administration to change how it regulates the use of antibiotics in ethanol production, since a byproduct becomes feed for animals.

Written By: Sam Kirkland on May 15, 2012 No Comment
Why Illinois’ historically low borrowing rates aren’t the sign of confidence you might think

Demand for Illinois bonds has been brisk and state officials tout historically low borrowing rates. But that doesn’t mean investors think Illinois is without risk.

Written By: Darren Zancan on May 15, 2012 No Comment
Garage sales in full bloom

It’s the season for garage sales and they’re as popular as ever as people continue to try and save money any way they can.

Written By: Gillian White on May 15, 2012 No Comment

JP Morgan Chased Chairman and CEO Jamie Dimon faced shareholders Tuesday at the company’s annual meeting. The bank has come under fire for a $2.3 billion trading loss disclosed last week.

Written By: Peter Rawlings on May 14, 2012 No Comment
Italian borrowing costs tick up amid continued debt concerns

Italy saw borrowing costs tick up as it auctioned 5.25 billion euros in debt Monday. Still, Italian yields were well below those of Spain, which also raised money by selling bonds.

Written By: Kevin Wang on May 10, 2012 No Comment
UAL rebounding on summer travel, weaker oil prices

United Continental Holdings is taking off as the outlook brightens for travel demand and oil prices weaken.

Written By: Ben Schamisso on May 8, 2012 No Comment
Greece, France cast fear among U.S. investors

U.S. markets continued to show concern over weekend election news from Europe and a deadlock in Greece that could put its bailout in peril.

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