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Illinois News

• Air Force Grants $9 Million Award for as Many as 18,000 IPad2s

  Updated 10 minutes ago

  The U.S. Air Force has awarded a $9.36 million contract to Executive Technology Inc. to buy as many as 18,000 Apple Inc. iPad2s in one of the military’s largest orders of computer tablets, a military spokeswoman said.

• USDA Illinois Soybean Crush Report for March 2

  Updated 1 hour, 22 minutes ago

  This table displays a comparison of soybean prices with the value of soybean oil and soybean meal for products delivered to central Illinois points during the week ended March 2.

• Tornadoes, Flooding Rain May Rake Much of Eastern U.S. Today

  Updated 2 hours, 27 minutes ago

  Hail, flooding rain and tornadoes may crash through the Ohio Valley into the South today, while a threat of severe storms extends from Louisiana to upstate New York, according to the National Weather Service.

• California Raises Yields to Close $2 Billion Refunding Bond Sale

  California sold $2 billion of general-obligation bonds after raising yields as the offering’s size forced up interest rates across the $3.7 trillion municipal market.

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  Medco Offers 90% Return as Deal Seen Likely

  Express Scripts Inc.’s takeover of Medco Health Solutions Inc. is offering the biggest potential windfall in North America even as traders are more confident than ever the acquisition will clear U.S. regulatory hurdles.

• California Raises Yields on $2 Billion Refunding Bond Offering

  California raised yields on $2 billion of general-obligation bonds it sold today as it wrapped up its first such offering since October.

• Obama’s Unlawful Labor-Board Picks Block Suit, Lawyer Argues

  A court petition seeking to halt a lockout of 70 workers at a Brooklyn, New York, apartment complex should be thrown out, a lawyer told the judge in the case, which may test whether President Barack Obama’s January appointments to the National Labor Relations Board are legal.

• Ethanol Rises to Seven-Week High as Iran Tension Boosts Gasoline

  Ethanol futures rose as gasoline surged to a nine-month high after the U.S. escalated warnings to Iran about its nuclear program.

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  U.S. Senate Democrats Seek Political Gain From Contraception Coverage Vote

  Senate Democrats say Republicans in close re-election races will suffer for voting to let employers and insurers refuse to cover birth control and other health services that violate their religious beliefs.

• California Raises Yields in Third Day of $2 Billion Offer

  California raised preliminary yields on some maturities as it began marketing to institutional buyers in the third day of its $2 billion general-obligation offer, according to a person with direct knowledge of the sale.

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