Articles filed under Business
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Study: 1 in 4 consumers had error in credit report Feb 11, 2013 12:00 AM
One in four consumers found an error in a credit report issued by a major agency, according to a government study released Monday. The Federal Trade Commission study also said that 5 percent of the consumers identified errors in their reports that could lead to them paying more for mortgages, auto loans or other financial products.
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New Jersey first to have betting by TV Feb 11, 2013 12:00 AM
Guests at one New Jersey casino won't even have to get out of bed in order to place a bet. The Borgata Hotel Casino & Spa in Atlantic City said it will become the first casino in the United States to let guests gamble over hotel room TV sets, starting Feb. 18.
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Report: AMR, US Airways boards to meet this week Feb 11, 2013 12:00 AM
Directors of American Airlines and US Airways reportedly plan to meet Wednesday to consider a merger. The Wall Street Journal reported Monday that negotiators were still considering the makeup of the combined company's board and an exact role for the CEO of American parent AMR Corp.
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Carnival cruise ship stranded off Mexican coast Feb 11, 2013 12:00 AM
Passengers aboard a cruise vessel stranded in the Gulf of Mexico had limited access to hot coffee, food and bathrooms on Monday as they waited for two tugboats to arrive to tow them to Mexico, Carnival Cruise Lines said in a statement.
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Boeing conducts 2nd 787 flight test Feb 11, 2013 12:00 AM
Boeing conducted another 787 test flight on Monday as it tries to find out what caused battery problems that have knocked the plane out of airline service. The flight took off from Boeing Field in Seattle, according to flight-tracking service FlightAware.
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SBA head Mills to leave Obama administration Feb 11, 2013 12:00 AM
Karen Mills is leaving her post as head of the Small Business Administration, opening yet another Cabinet-rank job for President Barack Obama to fill at the start of his second term. Obama says Mills played a leading role supporting start-up businesses and entrepreneurs.
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Stock market drifts lower to start the week Feb 11, 2013 12:00 AM
U.S. stocks drifted lower in thin trading Monday, pulling the Standard & Poor's 500 index back from a five-year high. The broad-market index edged up slightly last week, enough to put it at its highest level since November 2007
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Oil dips slightly as Asia observes Lunar New Year Feb 11, 2013 12:00 AM
The price of oil dipped slightly toward $95 a barrel on Monday as investors cut back on speculative positions and most Asian markets were closed for a holiday. By early afternoon in Europe, the benchmark oil contract for March delivery was down 30 cents to $95.42 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 11 cents on Friday.
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Mountain Dew introduces a breakfast drink Feb 11, 2013 12:00 AM
If you don't like coffee or tea, Mountain Dew has a new breakfast drink that might perk you up. PepsiCo Inc. is rolling out a new drink called Kickstart this month that has Mountain Dew flavor but is made with 5 percent juice and Vitamins B and C, along with an extra jolt of caffeine. Kickstart, which comes in flavors such as "energizing orange citrus" and "energizing fruit punch," could give the company a side-door into the fast-growing energy drink market without getting tangled in any of its controversies.
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Greece: Cuts keep budget on target, spur protests Feb 11, 2013 12:00 AM
Greece's farmers launched a campaign of daily anti-austerity highway blockades Monday, as the conservative-led government insisted deep spending cuts were helping the crisis-hit country beat budget targets. Mostly in central and northern Greece, the hour-long roadblocks started at 2:00 p.m. (1200GMT), forcing motorists to take lengthy detours or wait the protests out.
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Novo Nordisk shares tumble on drug review setback Feb 11, 2013 12:00 AM
Shares of Novo Nordisk are sinking in premarket trading after the Danish drugmaker said U.S. regulators want more data before they can finish their review of two long-acting insulin drugs to treat diabetes. The company said Sunday the Food and Drug Administration requested information from a study that looks at cardiovascular health before it can finish reviewing Tresiba and Ryzodeg, which both use the insulin degludec.
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Dell looks to calm shareholder concern over buyout Feb 11, 2013 12:00 AM
Dell is trying to reassure shareholders about its proposed $24.4 billion acquisition by a group led by its founder, saying it considered a number of strategic options before agreeing to the deal. Dell Inc. laid out the advantages of the transaction in a regulatory filing Monday, three days after a major shareholder ridiculed the buyout as a rotten deal that undervalues the business.
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Romania: Slaughterhouses did not commit fraudFeb 11, 2013 12:00 AM
Two Romanian plants believed to be the source of horse meat mislabeled as beef in supermarkets across Europe declared it properly and any fraud was committed somewhere else down the line, officials said Monday. Romania is scrambling to contain the damage from the fast-growing horse meat scandal — where the cheaper meat was substituted for beef in everything from burgers to frozen lasagna.
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Dubai’s A380 concourse in full operation Feb 11, 2013 12:00 AM
Dubai's airport authorities say a purpose-build concourse for Airbus' A380 aircraft is fully open after weeks of phased-in operations. The aircraft is a double-decker that seats 525 people and is so large some airports have to be adjusted to accommodate it.
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Markets steady with much of Asia shut for holidaysFeb 11, 2013 12:00 AM
Stock markets in Hong Kong, mainland China and Seoul were among those closed Monday for the Lunar New Year holiday. Japanese markets were also shut for a public holiday. European stocks were mostly higher in early trading. Britain's FTSE 100 rose nearly 0.1 percent to 6,269.23. Germany's DAX shed 0.2 percent to 7,638.18. France's CAC-40 added 0.2 percent to 3,655.13.
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Social media keeps people together during blizzard Feb 11, 2013 12:00 AM
The East Coast woke up under a blanket of snow this weekend and collectively documented the experience on the myriad social and mobile inventions of the past decade. Facebook, Twitter and other technologies make it increasingly difficult to stay isolated —even if you're stuck home alone. "The funny thing is that I actually checked my Instagram feed before I even looked out my own window," says Eric Witz, who lives in Medford, Mass.
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LinkedIn more complicated, but potentially more effective Feb 11, 2013 12:00 AM
LinkedIn may be more complicated, but it's potentially more effective according to a local business owner interviewed by Small Business Columnist Jim Kendall.
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Wheaton entrepreneur suggests to start planning, saving for college earlyFeb 11, 2013 12:00 AM
The key to planning for college is to start saving early and know what you're doing. We talk to the owner of College Funding International in Wheaton.
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Allstate’s Gregoire works to help others Feb 11, 2013 12:00 AM
Kukec's People features Buffalo Grove's Maryse Gregoire, who has worked for Allstate for 39 years and recently won the Outstanding Employee Volunteer of the Year award with her community work.
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A look at the green cars at the Chicago Auto ShowFeb 11, 2013 12:00 AM
It's easy being green if you read our experts guide to alternate vehicles at the Chicago Auto Show. There are a lot of ways to save money on gas and save the planet, from diesel turbo charged vehicles to hybrids with tax credits to some luxurious electric cars. Thankfully, I've got Chicago Area Clean Cities Vice Chair John Walton to offer some analysis.
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Top Jobs
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