Business Stories from May 18, 2022
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Grains lower, Livestock mixed
May 18, 2022 2:41 PM - Wheat for Jul. declined 46.75 cents at $12.3075 a bushel; Jul. corn dropped 19.25 cents at $7.8150 a bushel, Jul. oats fell 12 cents at $6.4175 a bushel; while Jul. soybeans lost 15.25 cents at $16.6275 a bushel. Beef was lower and pork was higher on the Chicago Mercantile Exchange. Jun. live cattle fell 1.50 cents at $1.3150 a pound; May feeder cattle was off 1.32 cents at $1.5585 a pound; while Jun. lean hogs was up .95 cent at $1.0610 a pound.
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Survey: Americans want to try food cooked by robotsMay 18, 2022 2:29 PM - Fifty-eight percent of Americans have either eaten food cooked by a robot or would be interested in doing so, the latest example of changing attitudes regarding artificial intelligence outside everyday life, according to results from a national Xcelerant omnibus survey conducted on behalf of Nala Robotics, an AI technology company revolutionizing the culinary industry.
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US Foods forms vertical farming partnershipMay 18, 2022 2:24 PM - Rosemont-based US Foods Holding Corp. Wednesday announced a strategic agreement with Kalera, one of the world's leading hydroponic indoor vertical farming companies.
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CFC expands cannabis facility construction businessMay 18, 2022 2:17 PM - Northbrook-baseed Cannabis Facility Construction, a national cannabis facility design-build construction firm, said it has built a new Country Grown Cannabis medical dispensary for Harvest Care Medical in West Virginia.
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Closing prices for crude oil, gold and other commodities
May 18, 2022 2:17 PM - Closing prices for crude oil, gold and other commodities, and foreign exchange levels
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Google's Russian business plans to file for bankruptcy
May 18, 2022 1:13 PM - Google says its Russian subsidiary is planning to file for bankruptcy because it can't pay staff and suppliers
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Rosemont buying corner property at gateway to town, plans to level former diner, sports barMay 18, 2022 12:33 PM - Rosemont is buying a dilapidated corner property at the edge of O'Hare International Airport and the village's western gateway to town.
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Davos returns from pandemic with Ukraine, climate in mind
May 18, 2022 12:03 PM - After a nearly 2-1/2-year hiatus, the Swiss town of Davos is set to again host global elites from business, government and activist groups for the World Economic Forum
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UN drops forecast for global economic growth in 2022 to 3.1%
May 18, 2022 11:16 AM - The United Nations is significantly lowering its forecast for global economic growth this year from 4% to 3.1%
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Grains mostly lower, Livestock mixed
May 18, 2022 10:01 AM - CHICAGO (AP) - Grain futures were mostly lower Wednesday in early trading on the Chicago Board of Trade. Wheat for Jul. declined 21.50 cents at $12.34 a bushel; May corn was fell 17.75 cents at $7.8375 a bushel; Jul. oats was off 2 cents at $6.34 a bushel; while Jul. soybeans was up 2.25 cents at $16.73 a bushel. Beef was lower and pork was higher on the Chicago Mercantile Exchange.
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