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Weak

Chicago Mercantile Exchange › (CME:GLB.N12.E)

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Today's Financial News

Numbers related to GM's delayed recall of cars for faulty ignition switches

2 hours, 45 minutes ago

Ignition switches have presented General Motors with significant safety issues this year. Here are details of the switch problems by the numbers, including new information filed Thursday in GM's second-quarter report to securities regulators: — 60: Number of recalls issued by GM this year. — 29 million: Total number of vehicles recalled by the company in 2014.

FAA lifts ban on US flights to Tel Aviv after reassessing danger from Hamas rockets

2 hours, 49 minutes ago

WASHINGTON (AP) — The Federal Aviation Administration has lifted its ban on U.S. flights in and out of Israel. The end of the ban, which the agency had imposed out of concern for the risk of planes being hit by Hamas rockets, was effective at 11:45 p.m. EDT Wednesday. "Before making this decision, the FAA worked with its U.S. government counterparts to assess the security situation in Israel and carefully reviewed both significant new information and measures the government of Israel is taking to mitigate potential risks to civil aviation," the FAA said. "The agency will continue to closely monitor the very fluid situation around Ben Gurion Airport and will take additional actions as necessary."

Wheat and corn lower, oats and soybeans higher on the CBOT; beef higher and and pork lower on the CME.

2 hours, 53 minutes ago

CHICAGO (AP) — Grain futures were mixed Thursday on the Chicago Board of Trade. Beef was higher and pork was lower on the Chicago Mercantile Exchange. August live cattle rose .50 cent to $1.5655 a pound; August feeder cattle was .07 cent higher at $2.1732 a pound; while August lean hogs lost 1.37 cents to $1.2320 a pound.

Wal-Mart promotes exec of Asia division Greg Foran as new CEO of Wal-Mart US stores

2 hours, 53 minutes ago

NEW YORK (AP) — Wal-Mart is replacing the chief of its U.S. discount stores in what could be an indication that it's losing confidence that its largest business unit will rebound after more than a year of disappointing results. The move, which was announced Thursday, marks the company's first big management shake-up under Doug McMillon, who took over as CEO of Wal-Mart Stores Inc. in February. Foran, 53, will report directly to McMillon.

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