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Man convicted in $60M film finance fraud scheme

The Associated Press
May 03, 2022 7:00 am - FORT LAUDERDALE, Fla. (AP) - An Oklahoma man claiming to be a film financier was convicted Tuesday in South Florida of participating in a scheme to steal more than $60 m...
Pfizer profit soars in first quarter, revises 2022 forecast

By TOM MURPHY
May 03, 2022 7:00 am - COVID-19 vaccine and treatment sales helped Pfizer breeze past Wall Street's first-quarter expectations, as the drugmaker's profit grew 61%. The coronavirus vaccine Comi...
Starbucks reports record Q2 sales, enhances worker benefits

By DEE-ANN DURBIN
May 03, 2022 7:00 am - Starbucks' sales climbed to record levels in its fiscal second quarter, but its profits took a hit from climbing labor costs. And those costs are set to grow even higher...
Grains mostly lower, Livestock mixed

The Associated Press
May 03, 2022 7:00 am - Wheat for May was off 9.75 cents at $10.3375 a bushel; May corn fell 12.25 cents at $8.0075 bushel, May oats rose 18.50 cents at $7.0250 a bushel; while May soybeans los...
Closing prices for crude oil, gold and other commodities

The Associated Press
May 03, 2022 7:00 am - Benchmark U.S. crude oil for June delivery fell $2.76 to $102.41 a barrel Tuesday. Brent crude for July delivery fell $2.61 to $104.97 a barrel. Wholesale gasoline for J...
Asian shares slip ahead of Fed interest rate decision

By ELAINE KURTENBACH
May 03, 2022 7:00 am - Shares were mostly lower in Asia on Wednesday, with markets in China, Japan and some other markets still closed for holidays. Hong Kong and Seoul fell more than 1% and ...
CBS declares television season victory with weeks to go

By DAVID BAUDER
May 03, 2022 7:00 am - NEW YORK (AP) - The traditional broadcast television season doesn't end until later this month, but that hasn't stopped CBS from declaring victory. CBS issued a statemen...
Australian central bank decides first rate hike in 11 years

The Associated Press
May 03, 2022 7:00 am - CANBERRA, Australia (AP) - Australia's central bank on Tuesday lifted its benchmark interest rate for the first time in more than 11 years. The cash rate rose from 0.1% ...
Grains mostly lower, Livestock mixed

The Associated Press
May 03, 2022 7:00 am - Wheat for May was off 9.75 cents at $10.3375 a bushel; May corn fell 12.25 cents at $8.0075 bushel, May oats rose 18.50 cents at $7.0250 a bushel; while May soybeans los...
Performance pavilion, artificial turf among new ideas for Metropolitan Square Plaza in Des Plaines

By Russell Lissau
May 03, 2022 5:30 am - A pavilion or pergola for live performances and a lawn topped with artificial turf that would serve as a seating area are among the new elements included in revised plan...

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