You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Sony forecasts $2 billion loss, cites weak mobile
     TOKYO – Sony expects its annual loss to swell to more than $2 billion after writing down the value of its troubled mobile business as phone sales were battered by brutal competition.
  • Billionaire’s house arrest sends stocks crashing
      MOSCOW – The arrest of a Russian billionaire has sent shares in his holding company into a tailspin.
  • 2 firms to expand, add jobs
    A pair of companies will look to improve their operations with an investment of nearly $3 million combined, according to tax abatement ­requests filed last week with the city.
Advertisement

Grain futures fall, livestock prices rise

CHICAGO (AP) — Grains futures fell Tuesday on the Chicago Board of Trade.

Wheat for March delivery fell 27.25 cents to $8.2150 a bushel; March corn fell 2 cents to $7.28 a bushel; March oats slipped 1 cent to $3.88 a bushel; while January soybeans fell 2.75 cents to $14.72 a bushel.

Beef and pork prices rose on the Chicago Mercantile Exchange.

February live cattle rose 1.68 cent to $1.3195 a pound; January feeder cattle rose 2.30 cents to $1.5207 a pound; February lean hogs gained 0.23 cent to 84.15 cents a pound.

Advertisement