Business Stories from October 16, 2012 (Change date)
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Algonquin OKs rentals for Riverside PlazaOct 17, 2012 11:29 am - The Algonquin village board approved a plan to turn the Riverside Plaza downtown condo project into rentals, with the goal of reverting back to condos in 2018. Under the...
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Zoning limits Kane Co. options in truck company proposalOct 17, 2012 11:29 am - Last month, several residents asked a Kane County Board committee to block a new industrial company, and its trucks, from moving into their neighborhood just outside Elg...
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Vikram Pandit steps down as Citigroup CEOOct 17, 2012 8:55 am - Vikram Pandit, who steered Citigroup through the 2008 financial crisis and the choppy years that followed, abruptly left the bank on Tuesday, stepping down as CEO and as...
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Earnings propel Dow to its biggest jump in a monthOct 17, 2012 8:55 am - Inflation is low, earnings are high, investors are happy. Stocks shot higher Tuesday, giving the market its biggest gain in a month. Results at Mattel, Goldman Sachs, an...
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New Hoffman Estates Audi dealership breaks groundOct 16, 2012 7:27 pm - Leopardo Companies Inc. broke ground last week on the new, 50,000-square-foot Audi dealership at 1200 Golf Road, near the intersection of Golf and Meacham roads. The de...
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Hoffman Estates leads way on technical assistance programOct 17, 2012 11:44 am - Hoffman Estates is one of 48 communities to be selected for planning support through the Chicago Metropolitan Agency for Planning’s Local Technical Assistance program. T...
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Microsoft tablet Surface to start at $499Oct 17, 2012 8:55 am - REDMOND, Wash. — Microsoft’s first tablet computer, the Surface, will start at $499 when it goes on sale Oct. 26. The price matches that of Apple Inc.’s iPad, the most p...
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Apple sends out invites to Oct. 23 eventOct 17, 2012 3:59 pm - NEW YORK — Apple Inc. has sent out invites for an event next Tuesday, where it’s expected to announce the release of a smaller iPad. The invite, sent to reporters Tuesda...
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Airline executives urge airport security overhaulOct 16, 2012 4:50 pm - ABU DHABI, United Arab Emirates — Airport security needs to undergo a radical overhaul or else passengers will become further disgruntled, lines will grow and terminals ...
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‘Upscale’ McDonald’s proposed in Lake ZurichOct 17, 2012 11:44 am - Developers have a green light to start Lake Zurich’s approval process in an effort to construct a McDonald’s that would have an “upscale” appearance as part of a retail ...
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