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Chicago Board of Trade › (CBOT:OZB.H12.12300P)

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Today's Financial News

Government to double number of American Indian communities in $1.9B land buyback program

2 hours, 7 minutes ago

BILLINGS, Mont. (AP) — The federal government is doubling the number of American Indian communities involved in a $1.9 billion tribal lands consolidation program. That brings the number of locations in the program to 42. The buyback program is part of a $3.4 billion settlement of a class-action lawsuit filed by Elouise Cobell of Browning, Montana, who died in 2011. The lawsuit claimed Interior Department officials mismanaged trust money held by the government for hundreds of thousands of Indian landowners.

Thunder F Kevin Durant agrees to endorsement deal with SONIC Drive-In

2 hours, 15 minutes ago

OKLAHOMA CITY (AP) — Reigning NBA MVP Kevin Durant has agreed to an endorsement deal with SONIC Drive-In, the Oklahoma City-based company said in a news release on Thursday. Since he won the 2014 MVP award, Durant and Roc Nation have been busy. Durant has re-signed with Nike, Sprint and BBVA Compass, added deals with Sparkling Ice, Orange Leaf, Neff and the Oklahoma Department of Health, and he was named the cover athlete for NBA 2K15. He already had deals with Panini, KIND Healthy Snacks and Skullcandy.

Pilots' union at Southwest asks for US mediator to help move stalled contract negotiations

2 hours, 15 minutes ago

DALLAS (AP) — The union representing pilots at Southwest Airlines has asked federal mediators to help break a two-year stalemate in contract negotiations. Southwest said that it had been optimistic about an agreement, but that the union ended negotiations and filed for mediation. Southwest has had relatively few labor conflicts over the years, but as the airline's growth has slowed, pilots have complained about a lack of advancement opportunities and stagnant compensation.

Mohegan Sun casinos post fall in 4Q revenue as profit rises significantly on cost-cutting

2 hours, 17 minutes ago

HARTFORD, Conn. (AP) — Fourth-quarter revenue at the parent company of the Mohegan Sun casinos in Connecticut and Pennsylvania fell from the same period last year, but profit jumped significantly on cost-cutting, the casino operator announced Thursday. Net income was $23.2 million, up from $4.8 million in the year-ago period.

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