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Wed, Oct 18th, 2017
Corporations to keep tax break lost by millions of Americans

WASHINGTON (AP) — Millions of Americans would lose a prized tax break under President Donald Trump's sweeping revamp of the tax code, but corporations would get to keep it.

Guilty pleas entered in sweeping Indian-art fraud probe

SANTA FE, N.M. (AP) — A New Mexico art gallery owner and a jewelry supplier have pleaded guilty in federal court to criminal charges in the sale of fake Native American jewelry that was manufactured...

States ask US court to keep up health subsidies cut by Trump

SACRAMENTO, Calif. (AP) — Top government lawyers representing 19 U.S. states on Wednesday asked a federal judge in California to force the administration of President Donald Trump to make health care...

The Latest: Trump warns Democrats about opposing tax plan

WASHINGTON (AP) — The Latest on Republican efforts to overhaul the tax code (all times EDT):

Minnesota submits low-budget bid for Amazon

ST. PAUL, Minn. (AP) — Minnesota filed its bid for Amazon's second headquarters on Wednesday, hoping to get a great deal on a mammoth development plum by offering a package of financial incentives likely...

TGT : 60.03 (-0.23%)
AMZN : 997.00 (-1.20%)
BBY : 55.46 (+1.48%)
Figures on government spending and debt

WASHINGTON (AP) — Figures on government spending and debt in millions of dollars. The government's fiscal year runs Oct. 1 through Sept. 30.

Mexican fishing group: Proposed fish ban to hurt tuna catch

MEXICO CITY (AP) — A group representing Mexico's leading fish canners says a proposal to create a non-fishing marine park off the Revillagigedo Islands in the Pacific could reduce catches in Mexican...

Record highs for major US stock indexes; Dow passes 23,000

A day of modest gains on Wall Street resulted in more milestones for U.S. stocks Wednesday as the Dow Jones industrial average closed above 23,000 points for the first time.

SVU : 17.09 (-11.82%)
NTRS : 94.58 (+3.82%)
NFLX : 195.54 (-1.98%)
IBM : 159.53 (+8.86%)
American Express CEO Kenneth Chenault to retire next year

NEW YORK (AP) — Kenneth Chenault, one of the most prominent black corporate leaders and long-time chairman and CEO of American Express, is stepping down next year, the company announced Wednesday.

AXP : 92.08 (+0.43%)
JPM : 97.99 (+0.38%)
V : 107.80 (+0.24%)
C : 73.12 (+1.29%)
Receptionist's family sues over fatal Minnesota school blast

MINNEAPOLIS (AP) — The family of a school receptionist is suing over an explosion that killed her at Minnehaha Academy in Minneapolis this summer.

House, Senate intel committees receive briefing from Google

WASHINGTON (AP) — Tech giant Google has briefed the House and Senate intelligence committees ahead of two Nov. 1 hearings that will examine Russian efforts to influence U.S. elections through social...

Gary, Indiana, appealing to virtue in Amazon project pitch

INDIANAPOLIS (AP) — Long-struggling Gary, Indiana, is hoping to stand out in Amazon's search for a second headquarters site by offering a chance to pull the city from its decades of economic decline...

AMZN : 997.00 (-1.20%)
The Latest: 2nd defendant pleads guilty to Indian-art fraud

SANTA FE, N.M. (AP) — The Latest on federal prosecution of fake Indian-art sales (all times local):

SeaWorld cuts 350 jobs, mostly in Orlando and San Diego

ORLANDO, Fla. (AP) — SeaWorld is cutting 350 positions as the company's parks deal with declining attendance.

Romano's Macaroni Grill files for bankruptcy protection

NEW YORK (AP) — The owner of Romano's Macaroni Grill filed for Chapter 11 bankruptcy protection Wednesday, blaming its falling fortunes on the changing tastes of diners who increasingly don't want to...

RT : 2.37 (unch)
Town official accused of shoplifting seeks probation program

MIDDLETOWN, Conn. (AP) — A Connecticut town official accused of shoplifting has applied for a program that would remove the arrest from his record.

How major US stock indexes fared on Wednesday

Banks and technology companies led U.S. stocks modestly higher Wednesday, delivering another set of market milestones.

May seeks Brexit momentum with promise to EU nationals in UK

LONDON (AP) — British Prime Minister Theresa May has denied treating European Union citizens in Britain as bargaining chips in Brexit negotiations.

Highmark's Allegheny Health Network announces $1B expansion

PITTSBURGH (AP) — Highmark Health will spend $1 billion to expand its Allegheny Health Network hospital chain, including a new 160-bed hospital in Pittsburgh's North Hills suburbs, four smaller neighborhood...

Pennsylvania cities try to lure Amazon, touting bikes, food

PHILADELPHIA (AP) — Philadelphia is highlighting its bike lanes and LGBT-friendly ratings, while Pittsburgh is touting its manageable cost of living and signature sandwich freebies.

AMZN : 997.00 (-1.20%)

Barchart Morning Call

OVERNIGHT MARKETS AND NEWS Dec E-mini S&Ps ( ESZ17 +0.15%) this morning are up +0.16% at a new record nearest-futures high and European stocks are up +0.45% at a 5-month high. Optimism that the Trump administration will pass a tax reform plan... Read More

Chart of the Day

Chart of the Day

BioLife Solutions (BLFS) is the Barchart Chart of the Day.  The medical products company has a Trend Spotter buy signal, a Weighted Alpha of 333.40+ and gained 269.70% in the last year.
Read More

Brugler Ag Report

Today's Commentary

Corn futures ended the Wednesday session with most contracts fractionally to 1 1/2 cents lower. Drier weather across much of the Corn Belt is helping to advance harvest progress, and putting a little pressure on the market. The weekly EIA ethanol rep...
Read More

Alan Brugler writes this daily agricultural markets overview with opening, midday and closing comments directed at the gain and meat Ag markets.

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