News Chicago

Archive for the ‘Business’ Category

Niedziela
sierpnia 16,2009

Margate switched to a four-day workweek last year and said it saved about $750,000 as buildings went dark and 100 city cars were idled each Friday.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/69N373r2Pag/sfl-four-day-workweek,0,791267.story

Niedziela
sierpnia 16,2009

To build a presence on social media site, firms must let go of control


Brand power takes on a whole new meaning on Twitter, where more than a million people follow Sockington, a tweeting feline who muses about litter boxes and salmon.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/E82_-WBiHmI/chi-sun-social-media-aug16,0,3140196.story

Niedziela
sierpnia 16,2009

The first television broke before Benjamin Ramos Jr. even got it home, so he returned it to the Sears store in Calumet City the same day.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/DhsFUxIPXn0/chi-sun-problem-sears-credit-aug16,0,305024.column

Boeing finds skin problem on 787

Niedziela
sierpnia 16,2009

Boeing Co. has discovered another problem with its long-delayed 787 jetliner, prompting the aircraft maker to halt production of fuselage sections.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/fGmpRNi9cDU/chi-tc-biz-brf1-boeing-0814-0815aug15,0,5936120.story

Niedziela
sierpnia 16,2009

Tribune Co. creditors have asked the bankruptcy court for permission to hire special counsel to further investigate the $8.2 billion leveraged buyout of the Chicago-based media company engineered by real estate magnate Sam Zell.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/kWE8cTuzaQA/chi-sat-tribune-bankruptcy-aug15,0,2719612.story

Ben Bernanke running for re-election?

Wtorek
lipca 28,2009

He confronts challenges to the Fed and himself as he engages the public to demystify institution


As the worst of the financial crisis seemingly has passed, the Federal Reserve chairman faces the most severe challenge to his institution and his reputation since he replaced the once-venerated Alan Greenspan in 2006. With his term expiring Jan. 31 his reappointment is in question.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/xnRwzfdqIwg/chi-tc-biz-bernanke-0725-0728-jul28,0,1310757.story

Wtorek
lipca 28,2009

Home prices in May posted their first monthly increase since the summer of 2006, indicating prices are finally stabilizing, data Tuesday showed.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/4FGireYDxlY/chi-biz-case-schiller-home-prices-july28,0,3213978.story

Wtorek
lipca 28,2009

IBM is acquiring analytics-software maker SPSS in an all-cash transaction at $50 per share for a deal valued at about $1.2 billion.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/mIh2l_2TOWw/chi-biz-ibm-spss-july28,0,931467.story

Wtorek
lipca 28,2009

Gets more buzz from photo than as Northern Trust CEO


William Osborn, 61, spent 12 years as Northern Trust Corp. chief executive and has been a board member of numerous other companies and non-profits.
But nothing that he has done has generated as much buzz as his appearance in a July 18 photo.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/alQr9i3rBws/chi-william-osborn-090728-,0,1056662.story

Wtorek
lipca 28,2009

Abbott Laboratories, the maker of Similac infant formula, said it will buy the largest nutritional product operation in India for $130 million in cash, expanding its presence in the Asian region.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/U2k2gg4BQ3s/chi-biz-abbott-buys-indian-nutritional-july28,0,2368989.story

Wtorek
lipca 28,2009

OVERLAND PARK, Kan. (AP) — Telecommunications company Sprint Nextel Corp. said Tuesday it agreed to acquire Virgin Mobile USA Inc. in a stock deal valued at $5.50 per share in a bid to expand its prepaid cell phone offerings.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/66pmvFuQi7U/sns-ap-us-sprint-nextel-virgin-mobile,0,1589475.story

Wtorek
lipca 28,2009

Shares in Anixter International were down more than 15 percent in early trading on the New York Stock Exchange after the cable and wire distributor reported a loss in the second quarter on one-time charges and its exit from contract with Alcatel Lucent.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/NTJz5C-tKbk/chi-biz-anixter-earns-july28,0,42883.story

Środa
maja 20,2009

Bill passes with broad support; industry warns of higher costs


WASHINGTON — The Senate on Tuesday passed a landmark bill that gives consumers new protections in their agreements with credit card companies, but one result may be a return to annual fees and other costs for the most creditworthy customers.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/H_8KRv_qUP8/chi-tc-biz-credit-cards-0519-052may20,0,1912062.story

Środa
maja 20,2009

White House hardball, tough times seal deal


WASHINGTON — It had taken weeks of hardball negotiations, but by Sunday afternoon White House officials thought everything was falling into place. In less than 48 hours they would unveil a landmark deal with U.S. automakers to impose sharply higher fuel efficiency standards on new cars and trucks.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/3icVM8ITzzI/chi-emissions_20may20,0,1057868.story

Czwartek
maja 14,2009

HAMILTON, Ohio (AP) — Former NBA player and University of Cincinnati star Corie Blount was sentenced to one year in prison on Wednesday in a plea arrangement resulting from drug charges.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/sports/~3/gcHMejr0gls/sns-ap-bkn-blount-drugs,0,1858206.story

Czwartek
maja 14,2009

Chrysler has told a bankruptcy court it plans to eliminate 789 of its dealers nationwide — including 44 in Illinois — as part of a government mandated effort to restructure its failing business.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/TFs1gU1zQCs/chi-chrysler-dealerships-link,0,6769101.storylink

Czwartek
maja 14,2009

TRENTON, N.J. (AP) — Pfizer Inc. is unveiling a new program Thursday that will let people who have lost their jobs and health insurance keep taking some widely prescribed Pfizer medications — including Lipitor and Viagra — for free for up to a year.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/jTHNo_vYhMU/sns-ap-us-pfizer-free-drugs,0,6836815.story

Czwartek
maja 14,2009

Lake Forest-based Stericycle Inc. said it will buy MedServe Inc. for $185 million in cash, expanding its market share in the medical waste disposal business.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/ODe-qePyWmU/chi-stericycle-051409,0,6459253.story

Czwartek
maja 14,2009

Infrequent fliers who travel this summer may soon have to pay more to check their bags at the airport.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/2Z_DYqL6Ngs/chi-united-baggage-fees-may14,0,6706809.story

Czwartek
maja 14,2009

WASHINGTON (AP) — New jobless claims rose more than expected last week due partly to an increase in layoffs by the automobile industry, while the number of people continuing to receive unemployment benefits set a record for the 15th straight week




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/1Y1TZEAiX4o/sns-ap-us-economy,0,7733390.story

Dollar stores buck trend

Czwartek
maja 14,2009

As the recession hit, the dollar stores were ready with low-price groceries to attract a newly frugal middle class. Nearly half of U.S. households shop dollar stores each month, up from 36 percent in 2002. Shoppers of all income levels are walking through the doors.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/4Sh1vzOifZE/chi-biz-dollar-stores-may14,0,5394945.storylink

Czwartek
maja 14,2009




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/M2×4WeIIYOc/chi-biz-wheeling-exec-fraud-may14,0,5137487.storylink

Kirk Homes future in doubt

Czwartek
maja 14,2009

Home builder seeking to tap into sales funds to stay alive or be pushed into liquidation


Longtime Chicago-area home builder Kirk Corp. sought Chapter 11 bankruptcy protection late Tuesday, but its ability to reorganize largely depends on whether it can immediately tap partial proceeds from home sales to fund its operations.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/QRShdf84rPs/chi-thu-kirk-homes-bankruptcy-05may14,0,137156.story

Środa
kwietnia 29,2009

Preventive measure being employed at airports, on airplanes


U.S. airlines are scrambling to calm jittery passengers and investors and to address growing concerns about the safety of air travel as swine flu spreads outside of Mexico.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/0tMjnsrLFaQ/chi-tue-flu-travel-uauaapr28,0,6212458.story

Środa
kwietnia 29,2009

The Boeing narrow-bodies will feature mood lighting, larger windows and straighter cabin wall.


Boeing Co. announced design changes Tuesday that will make its workhorse 737-800 jets roomier for passengers and cheaper for airlines to operate.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/WjR2T7OLwNY/chi-biz-boeing-737-makeover-dreamliner-april28,0,2036575.story

Środa
kwietnia 29,2009

When Mayer Brown partners elected a new management team this month, the absence of Vice Chairman Paul Maher was conspicuous, prompting much speculation about the fate of the London partner once considered a possible heir to the throne of the Chicago-based law firm.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/5r4qimQzikE/chi-mayer-brown-maher-apr28,0,6307833.story

Środa
kwietnia 29,2009

In Chicago, the index fell 17.6 percent from February 2008


The news for Chicago home sellers remains bad, but not quite as bad as for the nation as a whole, according to a widely watched housing index released Tuesday.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/KJLM15JSgV4/chi-biz-case-schiller-home-prices-april28,0,3133488.story

Środa
kwietnia 29,2009

Otherwise slow growth for the hospital products maker


Hospira Inc. said this morning first-quarter net income jumped 153 percent thanks largely to a settlement with the Internal Revenue Service following a routine audit, boosting otherwise slow growth for the hospital products maker.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/wbpAEdjZgno/chi-biz-hospira-hsp-earns-april28,0,4800643.story

Fortune Brands slashes dividend 57%

Środa
kwietnia 29,2009

Fortune Brands Inc. Tuesday announced it will cut its annual dividend from $1.76 to $.76, though the Deerfield-based company reaffirmed its earnings guidance for the rest of the year.




Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/axz-o84sJ0Q/chi-biz-fortune-brands-fo-dividend-april28,0,6939184.story

Piątek
kwietnia 24,2009

Banks getting federal TARP aid tighten lending, leaving consumers angry


Wilma Erwin is fuming.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/zWuZ5y2daxE/chi-fri-credit-card-consumers-apr24,0,6514874.story

Piątek
kwietnia 24,2009

U.S. launching $1.1 billion study of which medical therapies work


Good luck trying to learn what medical treatment works best to relieve low back pain, alleviate depression or prevent the spread of prostate cancer.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/Ew_AgHe_-wc/chi-health-what-works-intro-24-apr24,0,3040209.story

Piątek
kwietnia 24,2009

DETROIT (AP) — General Motors Corp. said Thursday it will temporarily close 13 assembly plants in the U.S. and Mexico — some for more than two months — as it tries to pare back its bloated inventory due to slumping sales.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/imDFKWnhGmA/sns-ap-us-gm-factories,0,3433387.story

Dow ends up 70

Piątek
kwietnia 24,2009

NEW YORK (AP) — Stocks are pointing to a higher open Thursday after stronger-than-expected earnings from a handful of companies boosted hopes that the economy could be stabilizing.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/cjdgirTyrIs/sns-ap-us-wall-street,0,7695507.story

Piątek
kwietnia 24,2009


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/8yTozLrI7tM/chi-budget-worksheet-marksjarvis-apr23,0,2787480.storylink

Exelon 1Q earnings up 23%

Piątek
kwietnia 24,2009

Exelon says its first quarter earnings rose 23 percent, driven by increased output at its nuclear operations and higher rates.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/uFbkouiwc5Y/chi-biz-exelon-earns-april23,0,5954893.story

Sobota
kwietnia 18,2009

Tribune Co. has asked a U.S. Bankruptcy Court in Delaware to extend its exclusive right to file a reorganization plan until Aug. 4 and to give the Chicago-based media giant until Oct. 5 to win approval for its plan from creditors.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/3y0uNGzWxfw/chi-tribune-co-reorganization-apr17,0,3094408.story

Sobota
kwietnia 18,2009

NEW YORK (AP) — Wall Street found enough in the latest earnings reports to keep its six-week rally alive.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/1xOrlSma7AE/sns-ap-wall-street,0,4187589.story

Sobota
kwietnia 18,2009

Activist investor William Ackman is expected to join the board of General Growth Properties Inc., the shopping mall operator that filed for Chapter 11 bankruptcy Thursday, according to a filing with the Securities and Exchange Commission.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/ejn7nSSYido/chi-general-growth-ackman-apr17,0,6985136.story

Sobota
kwietnia 18,2009

Most op-ed pieces written by captains of industry are usually pretty pedestrian.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/KuwwXXlf6VI/chi-allstate-regulators-apr17,0,3300197.story

Analysts see 1Q loss for UAL

Sobota
kwietnia 18,2009

MINNEAPOLIS (AP) — United Airlines parent UAL Corp. reports first-quarter results on Tuesday. The following is a summary of key developments and analyst opinion related to the period.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/par8BV915tk/sns-ap-ual-earnings-preview,0,2371212.story

Money Smart Week comes to Chicago

Poniedziałek
kwietnia 13,2009

The Federal Reserve Bank of Chicago and more than 200 organizations are partnering for the eighth annual Chicago Money Smart Week, which begins Saturday.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/mlv9dpnVF-s/chi-mon-planner-calendar-event-0apr13,0,6039992.story

Poniedziałek
kwietnia 13,2009

Getting the price right is a challenge for retailers as Americans are trading down to stay within budget


Janice Honigberg knows that while Americans may be pinching pennies, they still consider fresh berries a healthy treat if the price is right.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/AgBsYAgwUCs/chi-mon-minding-0413apr13,0,7616024.story

Poniedziałek
kwietnia 13,2009

Illinois is one of four states studying a
proposal to create separate lanes for commercial trucks traveling
along 800 miles of Interstate 70.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/_1FTCcrpuqA/chi-ap-oh-interstatetruckla,0,601780.story

Poniedziałek
kwietnia 13,2009


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/Rs7saiZoYgg/chi-ym-taxes-0412apr12,0,2369596.story

Auto industry decay dire for Midwest

Poniedziałek
kwietnia 13,2009

Automakers restructuring and business contracting


In tattered and gray industrial towns across the Midwest, no one knows exactly where the ax will swing next. But there is no doubt the forced downsizing of General Motors and Chrysler will change the quality of life in the region for years to come.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/A7KIh46qskE/chi-midwest-auto-demiseapr12,0,736204.story

Poniedziałek
kwietnia 6,2009

Customer had trouble getting refund from state or Target for covered prescriptions


Rushed to the hospital after a heart attack in December, Michael Kadlubowski had no prescription drug insurance.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/xLRDFAGnoGY/chi-sun-problem-0405-apr05,0,508243.column

Poniedziałek
kwietnia 6,2009

WASHINGTON (AP) — The government may require new faces in executive suites at banks requiring “exceptional assistance” in the future, Treasury Secretary Timothy Geithner said Sunday.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/99MoP9GGwNI/sns-ap-geithner-canning-ceos,0,7898073.story

Poniedziałek
kwietnia 6,2009

Fewer lost bags, late arrivals, overbooked flights


WASHINGTON — Airlines carried fewer people last year, but did a better job for those who did fly.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/b_ZKrXl_Zhw/chi-airline-qualityapr06,0,6959744.story

Poniedziałek
kwietnia 6,2009

General Motors Corp. is softening its opposition to bankruptcy reorganization a little more.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/rGC2UA-hLtM/chi-ap-gm-henderson,0,3345891.story

Poniedziałek
kwietnia 6,2009

Economy batters budgets, but also fuels a rise in attendance Economy batters budgets, just as it fuels a rise in attendance


NEW YORK—The recession is hitting museums hard from coast to coast, forcing directors to boost admission fees, cut budgets and staff and put ambitious projects on hold. But in a twist on the bleak economic news, museums are reporting an increase in attendance.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/W16nwxuKAYM/chi-mon-museum-woes-0406apr06,0,6476745.story

Taste for dark chocolate could melt

Poniedziałek
kwietnia 6,2009

Popularity surges, but cocoa bean supply shrinks and costs rise


Americans are consuming more dark chocolate, but jumps in price could melt sales gains.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/VuaJcZg6y88/chi-sun-chocolate-dark-apr05,0,3193159.story

Wtorek
marca 24,2009

Out-of-state stores to close; 3 in Chicago area to remain open


The family-owned operator of Mark Shale stores filed for Chapter 11 bankruptcy protection Monday, citing a “dramatic revenue decline” amid the worst retail environment in decades.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/JT2EcCZC_OE/chi-tue-mark-shale-bankruptcy-mar24,0,1122535.story

Wtorek
marca 24,2009

A deal with the trusts could also mean thousands of union jobs for members


Representatives from AFL-CIO Housing Investment Trusts are meeting with Chicago Spire developer Shelbourne Development Group on Tuesday to advance preliminary discussions that could have the deep-pocketed pension fund help pay for construction of the stalled skyscraper.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/eqZdUqdf1os/chi-tue-chicago-spire-0324-mar24,0,1926003.story

Wtorek
marca 24,2009

State regulators announced Monday tighter restrictions on car title loans, putting a cap on how much consumers can borrow and eliminating balloon payments.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/DyqsT1UsPB0/chi-car-title-loans-mar23,0,1213190.story

Wtorek
marca 24,2009

A deep-pocketed AFL-CIO pension fund is meeting with Chicago Spire developer Shelbourne Development Group Tuesday in Chicago to advance discussions that could have the pension fund help pay for construction of the stalled skyscraper.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/8_NFP4en9ZA/chi-biz-afl-cio-chicago-spire-march23,0,7040270.story

Wtorek
marca 24,2009

The Al Baskin Co., family-owned operator of Mark Shale stores, filed for Chapter 11 bankruptcy protection, citing a “dramatic revenue decline” amid the worst retail environment in decades.


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/pESpP1zDQcc/chi-mark-shale-chapter-11-mar23,0,4568196.story

Wtorek
marca 24,2009

Wireless operator AT&T said Monday it will add more than 40 cell phone towers in Illinois this year, beefing up its third-generation network in new cities


Źródło: http://feeds.chicagotribune.com/~r/chicagotribune/business/~3/GFiHVH23lsc/chi-biz-att-towers-chicago-3g-network-march23,0,5335234.story