Copper Prices Fall on China Concerns

TODAY: May 6, 2016 PUB DATE: May 5, 2016

By Ese Erheriene LONDON--Copper futures were much lower in London Thursday, weighed down by bearish sentiment over top consumer China and a stronger dollar. The London Metal Exchange's three-month copper contract was down 1.6% at $4,791 a metric ton in ...

Hong Kong Stock Exchange Calls Out J.P. Morgan

TODAY: May 6, 2016 PUB DATE: May 5, 2016

Hong Kong's stock exchange cast some potentially unwelcome attention on J.P. Morgan Chase & Co. after the exchange returned a Chinese company's application for a spinoff. The Wall Street bank is the first global investment bank to be named on ...

China Shanghai Rubber Futures Closing Prices, Volume

TODAY: May 6, 2016 PUB DATE: May 5, 2016

Thursday, May 5 2016 Natural Rubber Turnover: 874,532 lots Open High Low Settle Prev. Change Vol Open Settle Interest May-16 12,265 12,330 11,910 12,090 12,320 -230 1,568 27,882 Jun-16 12,420 12,420 12,070 12,200 12,530 -330 50 146 Jul-16 12,280 12,280 ...

Global Stocks Inch Higher -- 3rd Update

TODAY: May 6, 2016 PUB DATE: May 5, 2016

By Riva Gold Global stocks inched slightly higher in quiet trade Thursday, as rebounding oil prices helped rekindle investors' appetite for risk. Futures pointed to a 0.4% opening gain for the S&P; 500. Changes in futures don't necessarily reflect market ...

Chesapeake Energy Loss Narrows; to Sell Some Assets

TODAY: May 6, 2016 PUB DATE: May 5, 2016

By Tess Stynes Chesapeake Energy Corp. on Thursday said its first-quarter loss narrowed as the embattled energy producer posted a smaller asset write-down than a year earlier as the result of low oil and gas prices. Chesapeake also reached a ...

Chesapeake Energy Loss Narrows

TODAY: May 6, 2016 PUB DATE: May 5, 2016

Chesapeake Energy Corp. on Thursday said its first-quarter loss narrowed as the embattled energy producer posted a smaller asset write-down than a year earlier as the result of low oil and gas prices. Chesapeake also reached a deal to sell ...

U.S. Soybeans Climb on Strong Demand; Corn Higher

TODAY: May 6, 2016 PUB DATE: May 5, 2016

By Jesse Newman CHICAGO--U.S. corn and soybean futures rose in early trading Thursday as buying continued across agricultural markets and weekly export sales topped expectations for some crops. Soybean prices led the gains, advancing due to signs of better-than-expected demand ...

Canada Building Permits Decline 7% in March

TODAY: May 6, 2016 PUB DATE: May 5, 2016

By Paul Vieira OTTAWA--Canadian building permits fell in March, or the second decline in three months, on weaker demand to build shopping malls and recreational facilities such as hockey arenas. The total value of building permits issued by Canadian municipalities ...

Energy Shares Rally With Oil Prices

TODAY: May 6, 2016 PUB DATE: May 5, 2016

By Riva Gold and Leslie Josephs Energy shares rallied on stronger oil prices Thursday, lifting major U.S. stock indexes. The Dow Jones Industrial Average gained 45 points, or 0.3%, to 17696. The Nasdaq Composite was little changed, while the S&P; ...

U.S. Stocks Give Up Gains

TODAY: May 6, 2016 PUB DATE: May 5, 2016

By Riva Gold and Leslie Josephs U.S. stocks gave back their earlier gains Thursday after a rally in oil prices faded. The Dow Jones Industrial Average slipped 5.3 points, or less than 0.1%, to 17646, after earlier rising as much ...

Michigan House Passes Bill to Pay Detroit Schools' Debt

TODAY: May 6, 2016 PUB DATE: May 5, 2016

The Michigan House passed legislation early Thursday that includes $500 million to pay off the debt of Detroit's ailing public school system and ensure that teachers are paid this summer, days after teachers who feared they wouldn't be paid staged ...

Two Electric-Car Charging Companies Land Big Investments

TODAY: May 6, 2016 PUB DATE: May 5, 2016

Two electric-car charging companies have landed multimillion-dollar investments as Tesla Motors Inc. and General Motors Co. outline new moves to significantly expand their electric-vehicle strategies. Vision Ridge Partners LLC said Thursday it has acquired a majority stake in NRG Energy ...

DreamWorks Animation Swings to a Quarterly Profit

TODAY: May 6, 2016 PUB DATE: May 5, 2016

By Maria Armental DreamWorks Animation SKG Inc., the entertainment studio behind "Shrek" and "Kung Fu Panda," swung to a first-quarter profit, helped by a jump in revenue and a reduction in overhead costs. It was the company's first financial update ...

Health Insurers Struggle to Offset New Costs

TODAY: May 6, 2016 PUB DATE: May 5, 2016

By Louise Radnofsky and Anna Wilde Mathews Insurers have begun to propose big premium increases for coverage next year under the 2010 health law, as some struggle to make money in a market where their costs have soared. The companies ...

China Apr Caixin Services PMI 51.8 Vs 52.2 in Mar

TODAY: May 6, 2016 PUB DATE: May 5, 2016

BEIJING--China's service activity grew at a slower pace in April, a private gauge showed Thursday, adding to the uncertainty over the direction of the world's second-largest economy. The Caixin China services purchasing managers' index dropped to 51.8 in April from ...

Australia March Trade Deficit Narrows

TODAY: May 6, 2016 PUB DATE: May 5, 2016

By James Glynn SYDNEY--Australia posted a seasonally adjusted trade deficit of A$2.16 billion in March, compared with a deficit of A$3.04 billion in February, the Australian Bureau of Statistics said Thursday. The figure is lower than analysts' expectations of a ...