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Chicago Board of Trade › (CBOT:OYM.H12.5000C)

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Today's Financial News

New Jersey sells pension fund investment in firm with ties to Massachusetts candidate

4 hours ago

TRENTON, N.J. (AP) — New Jersey has sold its pension fund investment in a venture capital firm that has connections to a Massachusetts gubernatorial candidate. The investment has attracted scrutiny because of political connections. Republican Massachusetts gubernatorial candidate Charlie Baker has been the firm's entrepreneur in residence since 2011. New Jersey Gov. Chris Christie endorsed Baker's unsuccessful gubernatorial bid in 2010, and Baker gave $10,000 to the New Jersey GOP in 2011.

NASA picks Boeing and SpaceX to carry astronauts to space station by 2017

4 hours ago

CAPE CANAVERAL, Fla. (AP) — NASA is a giant step closer to launching Americans again from U.S. soil. On Tuesday, the space agency announced it has picked Boeing and SpaceX to transport astronauts to the International Space Station in the next few years. NASA Administrator Charles Bolden named the winners of the competition at Kennedy Space Center, next door to where the launches should occur in a few years.

Adobe tops 3Q profit expectations, misses revenue forecasts

4 hours ago

SAN JOSE, Calif. (AP) — Adobe Systems Inc. (ADBE) on Tuesday reported earnings of $44.7 million in its fiscal third quarter. The San Jose, California-based company said it had profit of 9 cents per share. Earnings, adjusted for one-time gains and costs, were 28 cents per share. The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.

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