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  HONG KONG — Chinese pork-producing giant WH Group says it’s shelving its multibillion-dollar Hong Kong IPO as investor demand sags amid rocky financial markets.

Chinese pork giant WH Group shelves IPO

Updated: 4/29/2014 10:28 AM

  DETROIT — BMW is recalling more than 156,000 cars and SUVs in the U.S. because the engines can lose power or stall.

BMW recalls 156,000 cars and SUVs

Updated: 4/29/2014 10:28 AM

  DALLAS — Energy Future Holdings filed for Chapter 11 bankruptcy reorganization Tuesday after agreeing with key financial stakeholders to keep its power-producing businesses operating in Texas while it reduces roughly $40 billion in debt.

Texas’ Energy Future files Ch. 11 reorganization

Updated: 4/29/2014 10:28 AM

  Samsung Electronics Co. says its first quarter earnings improved moderately from the previous year. More than three-quarters of quarterly operating profit came from its handset business, with its Galaxy smartphones continuing to see solid sales.

Samsung reports higher Q1 earnings on smartphones

Updated: 4/29/2014 10:02 AM

  Major cost cuts enabled drugmaker Merck & Co. to offset continuing generic competition cutting sales of former blockbuster medicines. Merck’s first-quarter profit rose 7 percent and trounced Wall Street expectations.

Merck Q1 profit up 7 pct. despite sales decline

Updated: 4/29/2014 10:02 AM

  Goodyear reported a $58 million loss for the first quarter largely due to Venezuelan currency charges. The loss was compounded by the extreme winter weather across the U.S. that hurt tire sales, the company said.

Goodyear posts 1Q loss of $58M

Updated: 4/29/2014 10:02 AM

  Target hired a new chief information officer to help overhaul its data security systems in the wake of a massive pre-Christmas data breach. The nation’s third largest retailer also announced that MasterCard Inc. will provide its branded...

Target names new chief information officer

Updated: 4/29/2014 10:02 AM

  A letter to the editor: As long as policy debates in Illinois focus on where and how to increase taxes versus making indiscriminate cuts in the budget, we won’t be able to have an honest budget discussion in this state. It’s time for...

State needs complete income tax overhaul

Updated: 4/29/2014 10:29 AM

  A Prospect Heights letter to the editor: The esteemed commentator Richard Cohen wrote April 16 that Rand Paul is an unqualified political amateur and demonstrates “just how low the GOP has sunk” to consider him as a potential...

Rand Paul not good enough, but Obama is?

Updated: 4/29/2014 10:28 AM

  Guest columnist Pat Devaney: In the Daily Herald’s April 25 editorial opposing the negotiation of first responder manning levels in collective bargaining, the paper stated: Why is the city of Chicago exempted from legislation that would...

Study the facts on fire department staffing law

Updated: 4/29/2014 11:44 AM

Galleries 216411-216420 out of 506563

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