Business Stories from August 17, 2022
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Grains mostly lower, Livestock lower
Aug 18, 2022 2:53 PM - Wheat for Sep. declined 31.75 cents at $7.3150 a bushel; Sep. corn rose 4.75 cents at $6.1975 a bushel, Sep. oats fell 19 cents at $4.1275 a bushel; while Sep. soybeans lost 20.25 cents at $14.9550 a bushel. Beef and pork were lower on the Chicago Mercantile Exchange. Aug. live cattle was off .48 cent at $1.4127 a pound; Aug. feeder cattle fell 1.73 cents at $1.8152 a pound; while Aug. lean hogs lost 4.75 cents at $.9330 a pound.
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Naperville's ban of sale of certain rifles: Opponents warn of lawsuits, electionsAug 18, 2022 10:36 AM - After four hours of public comments that lingered into the early morning hours on Wednesday, the Naperville City Council voted 8-1 to pass an ordinance banning the sale of certain high-powered rifles and corresponding high-capacity magazines within city limits.
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Grains, Livestock mixed
Aug 18, 2022 10:15 AM - CHICAGO (AP) - Grain futures were mixed Thursday in early trading on the Chicago Board of Trade. Wheat for Sep. declined 32.75 cents at $7.3525 a bushel; Sep. corn was up 4 cents at $6.17 a bushel; Sep. oats was down 23.50 cents at $4.0975 a bushel; while Sep. soybeans rose 16.25 cents at 14.8625 a bushel. Beef mixed and pork lower on the Chicago Mercantile Exchange.
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New Passive Building Residence designed for 2329 Walters in NorthbrookAug 18, 2022 10:02 AM - Coming soon to Walters Avenue a new Residence built to Passive Building Principles.
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Home sales continue to dip, while scant inventory moves quicklyAug 18, 2022 9:57 AM - Potential homebuyers may be pumping the brakes, as the number of single-family homes sold and under contract in July 2022 continued downward.
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Seattle CEO who cut his pay so workers earned $70K resigns
Aug 18, 2022 8:14 AM - A Seattle CEO who announced in 2015 that he was giving himself a drastic pay cut to help cover the cost of big raises for his employees has announced his resignation
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Gas-powered muscle cars drive into the sunset, turn electric
Aug 18, 2022 7:00 AM - Thundering gas-powered muscle cars will be closing in on their final Saturday-night cruises in the coming years
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Asian stocks follow Wall St down after Fed inflation report
Aug 18, 2022 7:00 AM - Asian stock markets have followed Wall Street lower after the Federal Reserve said U.S. inflation is too high, suggesting support for more aggressive interest rate hikes
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Aurora expands grant funding for local small businessesAug 17, 2022 7:46 PM - The City of Aurora is expanding its efforts to support small businesses financially.
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Bank of America's overdraft fees down 90% under new policy
Aug 17, 2022 7:25 PM - Bank of America says the revenue it gets from overdrafts has dropped 90% from a year ago, after the bank reduced overdraft fees to $10 from $35 and eliminated fees for bounced checks
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