Tom Polansek

Illinois considers tax breaks to keep ADM headquarters in state

August 24, 2021 at 8:53 p.m.

CHICAGO (Reuters) - Archer Daniels Midland Co would receive tax breaks to keep its headquarters in Illinois under new legislation being considered in the state. Illinois Rep. John Bradley, a...

CME Group ex-CEO named chairman of U.S. options clearinghouse

August 24, 2021 at 8:23 p.m.

CHICAGO (Reuters) - The clearinghouse for all U.S. stock options on Wednesday named Craig Donohue, former chief executive officer for CME Group Inc, as its new executive chairman. Donohue will...

CFTC finalizes plan to boost oversight of fast traders: official

August 24, 2021 at 7:32 p.m.

CHICAGO (Reuters) - The U.S. Commodity Futures Trading Commission is preparing to reveal a laundry list of potential options to increase oversight of high-speed and automated trading, an agency official...

Halt in Zilmax sales fuels demand for rival cattle feed product

May 14, 2019 at 5:06 a.m.

CHICAGO (Reuters) - Merck & Co's decision to suspend sales of its Zilmax cattle feed additive has caused such a surge in demand for rival Eli Lilly & Co's Optaflexx...

U.S. farm economy flowing in reverse as drought impacts persist

August 24, 2021 at 7:20 p.m.

CHICAGO (Reuters) - The long reach of last summer's devastating U.S. drought has reversed the flow of the mighty Mississippi River - for corn, at least, with grain-laden barges beginning...

Futures, options volume jumps on signs Fed will reduce stimulus

August 24, 2021 at 5:03 p.m.

CHICAGO (Reuters) - U.S. futures and options volume in May climbed 11.6 percent from a year earlier amid signs that Federal Reserve policymakers may pare back their massive monetary stimulus,...

Genetically modified wheat jitters pressure U.S. white wheat

August 24, 2021 at 4:47 p.m.

CHICAGO (Reuters) - Uncertainty about the origin of unapproved, genetically modified wheat found growing in Oregon is pressuring the U.S. white wheat market more than two weeks after the discovery...

Bancorp sued over ‘Midwest Madoff’ brokerage accounts

August 24, 2021 at 4:18 p.m.

NEW YORK/CHICAGO (Reuters) - U.S. regulators on Wednesday launched the first lawsuit against a bank tied to the blow-up of brokerage Peregrine Financial, alleging U.S. Bancorp knowingly let Russell Wasendorf...

Morgan Stanley head of rates fined, suspended by CME Group

August 24, 2021 at 4:11 p.m.

CHICAGO (Reuters) - CME Group Inc confirmed it fined Morgan Stanley's global head of rates on Friday over transactions in Treasury futures five years ago while he was employed by...

EU oil pricing probe spurs lawsuit against BP, others

August 24, 2021 at 3:27 p.m.

NEW YORK/CHICAGO (Reuters) - A Chicago-based commodities trading firm has filed suit against three of the world's largest oil companies, accusing them of colluding to fix oil prices after European...

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