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Written By: Alice Truong on March 4, 2010 No Comment

Fellow Medill Money Maven Graydon Gordian spoke with me recently about his article exploring the business of boxing and how the boxers are viewed and treated as commodities.

Written By: bmiraski on August 18, 2008 No Comment
Hershey Chocolate gets pricey

BY BENJAMIN MIRASKI, MEDILL NEWS SERVICE

The Hershey Company [[HSY]] announced today that it will raise prices on its instant consumable, multi-pack and packaged candy lines by 11 percent.

This is nothing new in the food industry. Companies have been raising prices to keep pace with commodity price inflation [...]

Written By: marjorie on August 7, 2008 No Comment
EPA to Texas: keep blending that ethanol

BY MARJORIE KORN, MEDILL NEWS SERVICE

The U.S. Environmental Protection Agency denied a waiver request made by the State of Texas to reduce by half the amount of ethanol blending mandated in the Renewable Fuel Standard (RFS) on Thursday. Thus the currently mandated 9 billion gallons [...]

Written By: marjorie on August 5, 2008 No Comment

By MARJORIE KORN, MEDILL NEWS SERVICE

Archer Daniels Midland Co. posted a decline in net earnings in its fiscal fourth quarter 2008 on Tuesday, causing its shares to drop 7 percent to just above $26 at midday, from $27.94 at the opening of trading. [...]

Written By: marjorie on July 16, 2008 No Comment

By MARJORIE KORN – MEDILL NEWS SERVICE

Wall Street groans when Congress gets involved in its day-to-day activities, but Main Street is applauding S. 3268, the Stop Excessive Energy Speculation Act of 2008, introduced by Sen. Harry Reid of Nevada.

The bill seeks to reduce the amount [...]

Written By: Administrator on May 30, 2008 No Comment

Don’t play with your food: Are hedge funds to blame for rising food prices?
By Frank Carlson 
May 29, 2008

How would you like to earn a million dollars today, just to have it disappear tomorrow?  Worse, how would you like it if this happened every day?
That’s exactly what grain elevators are experiencing as record commodity prices [...]

Written By: Frank Carlson on May 8, 2008 One Comment

BY FRANK N. CARLSON – MEDILL NEWS SERVICE

Global food prices have been skyrocketing in recent months, with global food commodities 60 percent higher than just two years ago. But can increased demand, driven by developing nations, explain such a meteoric increase? If China has been humming along at [...]

Written By: Patrick Temple-West on May 7, 2008 No Comment

BY PATRICK TEMPLE-WEST – MEDILL NEWS SERVICE

In light of Bear Stearns investigation of short selling, is such an investigation required by shareholders?

CME cannot respond directly to specific questions like that, Donohue said. We would refer that to the proper authorities, but as a matter of policy, we do not comment on that.

Should the [...]

Written By: Patrick Temple-West on May 7, 2008 No Comment

BY PATRICK TEMPLE-WEST – MEDILL NEWS SERVICE

We’re reporting live from the CME Group shareholders meeting at the University of Chicago Gleacher Center. Thanks to a former U of C student named Scott, whose login and password to the wireless are making these posts possible. Thanks Scott!

The wet weather has not dimmed the enthusiasm [...]

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