Business Stories from August 12, 2022
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Grains mixed, Livestock lower
Aug 12, 2022 2:58 PM - Wheat for Sep. was off 4.75 cents at $8.06 a bushel; Sep. corn rose 10.50 cents at $6.3975 a bushel, Sep. oats was up 3.50 cents at $4.5825 a bushel; while Aug. soybeans declined 40.25 cents at $16.6925 a bushel. Beef and pork were lower on the Chicago Mercantile Exchange. Aug. live cattle fell .38 cent at $1.4022 a pound; Aug. feeder cattle was off .33 cent at $1.7962 a pound; while Aug. lean hogs lost .68 cent at $1.7962 a pound.
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Oil shipments from Russia resume to Czechia
Aug 12, 2022 2:55 PM - Oil shipments from Russia through a critical pipeline to Czechia have resumed after more than a week
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Eton Pharmaceuticals reports profit growthAug 12, 2022 2:43 PM - Deer Park-based Eton Pharmaceuticals Inc. said net sales for its fiscal year second quarter were $7.4 million compared with $3.1 million in the prior year period.
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Portillo's announces pricing of second stock saleAug 12, 2022 2:35 PM - Portillo's Inc. announced the pricing of a public offering of 8 million shares of its Class A common stock at a price of $23.75 per share.
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Closing prices for crude oil, gold and other commodities
Aug 12, 2022 2:34 PM - Benchmark U.S. crude oil for September delivery fell $2.25 to $92.09 a barrel Friday
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Gomberg Sharfman Team joins Lavelle LawAug 12, 2022 2:33 PM - Four attorneys from Gomberg Sharfman PC in Chicago have migrated to become part of Lavelle Law.
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Best Buy trims jobs after it cuts sales and profit outlook
Aug 12, 2022 2:28 PM - Best Buy, the nation's largest consumer electronics chain, is trimming jobs in an effort to adjust to new changes in consumer behavior as the virus wanes
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Zebra's climate goals validated by global initiativeAug 12, 2022 2:21 PM - Lincolnshire-based Zebra Technologies Corp. said its emissions reduction targets have been validated by the Science Based Targets initiative, joining more than 1,500 companies globally.
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Manufacturing tour visit to Lake County highlights sector's role in state, local economyAug 12, 2022 2:20 PM - The Illinois Manufacturers' Association continued its statewide "Manufacturing Matters" tour on Thursday with a stop at the College of Lake County's Advanced Technology Center in Gurnee to detail the results of a new economic impact study measuring the industry's significant contributions to the state and local economy.
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South Barrington annexes land on Palatine Road for proposed gated communityAug 12, 2022 11:43 AM - South Barrington officials on Thursday agreed to annex land for a proposed gated community.
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