Business Stories from August 2, 2011 (Change date)
-
Oil below $92 on concern about economy, demandAug 03, 2011 2:19 pm - Oil fell to its lowest level in five weeks on Wednesday as more signs of a slowing U.S. economy raised concerns about demand for everything from gasoline to natural gas ...
-
Inland Real Estate posts lower results for 2QAug 03, 2011 11:06 pm - OAK BROOK — Inland Real Estate Corp. on Wednesday reported lower second-quarter results as the shopping center owner absorbed hefty charges related to a write-down on a ...
-
Global airline profits hit by sky-high fuel costsAug 03, 2011 11:06 pm - GENEVA — Sky-high fuel prices have hit the profits of the world's airlines though Europe's carriers recovered after suffering last year from a volcanic ash cloud that br...
-
10 companies tell Illinois of planned lay-offsAug 05, 2011 1:15 am - Sun-Times Media Holdings is among 10 companies that have notified the Illinois Department of Commerce and Economic Opportunity they will lay-off workers starting in Sept...
-
Nicor 2Q profit falls 21 percentAug 03, 2011 11:06 pm - Natural gas distributor Nicor Inc. said Wednesday its second-quarter earnings fell 21 percent as higher costs offset an improvement in revenue. The company also reaffir...
-
Trustee: All Giordano's using approved ingredientsAug 03, 2011 11:06 pm - CHICAGO — The bankruptcy trustee for Giordano's says all of the chain's Chicago-style, deep-dish pizza restaurants are again using its proprietary products. Bankruptcy t...
-
Dow edges higher, breaking an 8-day losing streakAug 03, 2011 3:36 pm - NEW YORK — Stocks are finishing higher after a volatile day on Wall Street. The Dow Jones industrial average finished with its first gain after eight straight days of lo...
-
White House: no double-dip recession seenAug 03, 2011 11:06 pm - WASHINGTON — President Barack Obama's spokesman is discounting talk that the economy may be headed back into recession, despite recent concerns of economists. Spokesman ...
-
Caterpillar wants to lower property taxesAug 03, 2011 11:06 pm - PEORIA — Caterpillar Inc. is asking Illinois' property tax appeals board to reverse decisions by Peoria and Tazewell counties and lower the value of the Fortune 500 comp...
-
Study: iPhone users are most connected at 30,000 feetAug 02, 2011 4:29 pm - ITASCA — There might be more Android devices in the market, but when it comes to staying connected at 30,000 feet, iPhone users reign supreme, according to airline Wi-Fi...