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Business
Why Bank of America is the new Citigroup
On a normal day, 4 billion shares of stock change hands on the New York Stock Exchange. One in 10 belongs to a single company. It's not McDonald's or IBM, both of which have been on a tear. It's Bank of America — bailed out by the government three years ago, reviled for being part of the mortgage frenzy that helped wreck the economy and selling for not much more than an ATM fee.
Business
Trade deficit widens to $48.8 billion in December
U.S. exports to Europe rose at a healthy clip in December, a sign that the critical U.S. trading partner continues to buy American goods despite its weakened economy. The overall trade gap widened because imports grew at a faster pace than exports. Still, the rebound in exports to Europe should calm some fears that the debt crisis will slow demand for U.S. goods.
Business
Motorola CEO, Harper have plan to fix job skills shortage
Two of the most respected minds in the corporate and higher education realms addressed Harper's board of trustees and educational foundation on how to go about improving the skills of America's workers. Motorola Solutions CEO Greg Brown joined Walter Bumphus, head of the American Association of Community Colleges, for a brainstorming session. “At the end of the day, we need to lock arms locally,” Brown said.
Business
Obama call for manufacturing revival a tough goal
President Barack Obama is making a strong election-year push for an economic revival “built on American manufacturing.” But he faces an uphill slog, with little consensus even within his own party on how to do it.
Business
Suburban experts: ‘Creative’ methods drive business lending
After years of stagnation, money is starting to become more available to businesses seeking loans to grow and build capital. But how and where to get that money remains an issue, a panel of industry experts told about 90 suburban business leaders Thursday at the Daily Herald Business Ledger’s Newsmaker Forum on Banking and Finance: Raising Capital, held at Hilton Lisle/Naperville.
- Williamson Tea gains most in two years on dividend
- Forint extends biggest daily decline in month
- France’s Besson sees EU nuclear stress test results in June
- Romania to focus on selling shares in state-owned companies
- JBS ceo says F&B holding to swap jbs shares into vigor stock
- Pearson says financial times newspaper is not for sale
- Oil falls to near $99 amid Greek bailout talks
- Stock futures fall on Greek deal holdup
- Apollo global fourth-quarter profit falls 66% on market
- India factory output misses estimate amid economic slowdown
- Barclays capital cuts total remuneration for employees by 9%
- Barclays cuts bonuses at investment bank as 2011 profit shrinks
- Hugo boss may clear debt by 2013 without affecting
- Groupon falls after unexpected tax-related quarterly loss
- 2 Key Ford leaders to retire, Mulally to stay
- Yogi's Pizza in Lake Zurich closes suddenly
- Kane County looks ready to support tax breaks for hospitals
- What settlement will and won't do for homeowners
- Illinois to get $1 billion in mortgage settlement
- Ex-employees allege sexual harassment at Tilted Kilt
- LinkedIn’s 4Q revenue doubles, stock soars 8%
- Greek deal to cut spending does not end debt drama
- Report: Bartlett train derailment caused by broken rail
- Quinn: Caterpillar decision about port access
- Stocks close higher after debt deal in Greece
- Carpentersville gives boost to employees trying to stay healthy
- Auto Show is vroom and zoom, not doom and gloom
- Macy’s legal clash with Stewart may fortell more fights
- NRC set to approve Georgia nuclear reactors
- CF Rail Services launches new website
- Gallagher acquires ProSource Financial
- Mazda opens new parts distribution center in Aurora
- Innovation Group recognized in industry analyst firm’s report
- Ferrara Pan candy leader dies at age 93
- TrainSignal releases Cisco CCNP SWITCH training course
- House passes insider trading bill
- Unemployment aid applications near a 4-year low
- In bankruptcy, Kodak to stop making cameras
- Kraft coffee discs involved in Tassiom brewer recall
- Oil near $99 as US crude demand lags economy
- German court rejects bid to ban new Samsung tablet
MarketsReport
- Stock futures fall on Greek deal holdup
- Oil falls to near $99 amid Greek bailout talks
- Oil near $99 as US crude demand lags economy
- Beef prices expected to climb for next 2 years
- 13,000 is next Dow milestone, with record in sight
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Top Jobs
- EXPERIENCED DRIVER - Driver -Elgin metal company is hiring experienced CDL Class A tractor trailer drivers. Local and regional work around Chicago and a 400 mile radius. $21-hr. Call: 847-214-2800 for address to submit job application. (id:4291425) DRIVER - CDL A - Driver, road CDL A w/ HAZ. Elk Grove, IL, WI, MN. Home weekends, benefits. 3yrs min exp. 847-293-3594 (id:4290947) CNC MACHINIST - Machinist -Concentric Itasca, Inc. seeks a CNC Machinist for 3rd shift w/ exp. in CNC mills and lathes. Able to train on 1st shift for 6-8 wks. Must be familiar w/ gaging equipment, tool changes, tool off-set adj as well as control plans & SPC. Can lift up to 40 lbs. Bonus prgrm. Fax resume w/sal. history to 630-250 -1114, e-mail hr.usit@concentricab.com or apply in person at: 800 Hollywood Ave. Itasca, IL 60143 EOE (id:4290500)
- COMMERCIAL REFRIGERATION SERVICE TECH - Technician -NW Contractor seeks Exp REF Techs; 2 yrs min exp COMMERCIAL REF-HVAC SERVICE NON-UNION 847-979 2200 (id:4290561) MAINTENANCE - MAINTENANCE Heavy steel plate fabrication shop with cranes, manipulators, positioners and plate rolls seeks a maintenance person. Electrical and mechanical experience required. We offer excellent company benefits. Equal Opportunity Employer. Email resume to jobs@rodewelding.com or mail to Rode Welding Service 1211 Louis Ave. Elk Grove Village IL 60007 (id:4290560) MACHINIST - We area fast growing Machine Shop in Crystal Lake IL, looking for talented Programmer for lathes and vertical milling machines.If you have the experience please call 815 459 5136 (id:4289527)
- EXTRUSION/LAMINATION OPERATOR ASSISTANT - Manufacturing -We have openings for skilled and unskilled extrusion-laminating assistants on 2nd and 3rd Shifts. Duties include assisting the set-up and operation of extrusion and laminating equipment, must communicate effectively, both written and verbal, and complete required shift documentation. Promotional opportunities available. Apply in person between the hours of 9a-2p at: Graphic Flexible Packaging Human Resources Department 1228 E. Tower Road Schaumburg, IL 60173 EOE M-F-D-V (id:4290896) MANUFACTURING - Manufacturing -growing diecasting co. seeks exp'd set-up man. Four slide knowledge a plus. Also seeking an exp'd maintenance person w/ knowledge of electrical & hydraulics. Please fax resume to 630-860-7357 or fill out application at 245 Park St. Bensenville, IL (id:4291179) TEACHERS - Education -Two Rivers Head Start Agency is looking for TEACHERS at our Elgin Early Head Start Location. F/T, 12 month positions with exc. benefits. Min. of an AA degree w/ 30 credits in ECE required for Teachers. Apply online at www.trhsa.org or fax resume & official transcripts to 630-264-1151 EEOC. (id:4290690)
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