Articles filed under Business

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  • Northwest suburban measles case confirmed Jan 28, 2015 6:01 AM
    A Northwest suburban resident's recently confirmed case of measles may have created potential exposure to others at three locations in Arlington Heights and Palatine, public health officials reported Tuesday. Among the sites of potential exposure was the Northwest Community Hospital emergency room in Arlington Heights, a health clinic in Palatine and a grocery store.

     
  • Top 10 Reasons to Attend the VP Business Showcase Event! Jan 28, 2015 7:25 AM
    Top 10 Reasons to Attend the VP Business Showcase Event!

     
  • Disappointing earnings reports send stocks lower Jan 27, 2015 4:16 PM
    The major stock indexes got off to a rough start early on, each opening sharply lower as investors digested the company earnings news.A report showing that sales of new U.S. homes accelerated 11.6 percent last month failed to veer the market from its slide.

     
  • Oppenheimer to pay $20 million in settlements with regulators Jan 27, 2015 4:12 PM
    The sanctions imposed on the firm “reflect the magnitude of Oppenheimer’s regulatory failures,” SEC Enforcement Director Andrew Ceresney said in a statement.

     
  • Obama says US must update laws on drones Jan 27, 2015 11:31 AM
    The United States has fallen behind technological advancements that have made small drones readily available and must update its laws to ensure safety, President Barack Obama said Tuesday, in his first public comments about a drone that crashed on the White House grounds.

     
  • Super Bowl host city still reeling over sports deals Jan 27, 2015 1:01 AM
    The entire world will be watching Glendale on Sunday as it hosts the Super Bowl and the legions of fans who are shelling out big bucks to see the big game. What may be not visible amid all the hoopla is a sobering reality about the Super Bowl host city: Glendale is suffering deep financial issues over its troubled effort to become a sports destination.

     
  • Facebook blames internal glitch for hourlong global outage Jan 27, 2015 10:40 AM
    Facebook said the outage that made its social media sites inaccessible worldwide for about an hour Tuesday was self-inflicted.

     
  • Record iPhone sales drive blowout quarter Jan 27, 2015 4:23 PM
    The surge in sales of Apple’s signature smartphones helped make up for an expected decline in sales of iPad tablets. The company sold 21.4 million iPads, down 22 percent from a year earlier. Sales of Mac computers rose 9 percent, and Apple saw overall revenue gains in all geographic regions.

     
  • Yahoo to spin off Alibaba stake into separate company Jan 27, 2015 4:20 PM
    Yahoo CEO Marissa Meyer is spinning off the company’s prized stake in China’s Alibaba Group Holding in a move that will let Yahoo avoid paying billions in future taxes.A newly formed entity called SpinCo will inherit ownership of Yahoo’s 384 million Alibaba shares when the tax-free spin-off is completed toward the end of this year.

     
  • Zengeler Cleaners Visits Japanese Dry Cleaning Operation Jan 28, 2015 11:06 AM
    Tom Zengeler of Zengeler Cleaners was one of two American dry cleaners who recently spent a week in Japan exchanging industry best practices.

     
  • Two Chicago companies on cutting edge of new products Jan 27, 2015 9:23 PM
    Two Chicago companies are on cutting edge ofnew golf products.

     
  • Wheaton coffee shop owners prep for Africa trip Jan 27, 2015 5:38 PM
    Coffee, connection and community. That's what River City Roasters in downtown Wheaton has been all about since it opened in late 2013. Now, the owners are hoping to make that mantra even more real with a trip to Africa next month. They'll be visiting small farms in Kenya and Uganda in hopes of setting up direct trade with the coffee growers there, many who are the widows and orphans of HIV victims.

     
  • Twin sisters man the chairs at East Dundee barber shop Jan 27, 2015 2:28 PM
    Identical twin sisters Liz and Kate Stadie, 25, of East Dundee took over as owners of the Barber Shop in 2010. They share a love of bantering with their customers, many of whom come to see them at the River Street shop every couple of weeks. Both women agree it's great to be in charge. “Sometimes I want to be the boss and sometimes you want to be the boss,” Liz says, joking with her sister.

     
  • Grain lower, livestock higher Jan 28, 2015 2:43 PM
    CHICAGO (AP) - Grain futures were lower Wednesday on the Chicago Board of Trade. Wheat for Mar delivery fell 13.75 cents to $5.0525 a bushel; Mar corn lost 8 cents to 3.7325 a bushel; Mar oats were 1.75 cents lower at $2.8750 a bushel; while Mar soybeans declined 3.50 cents to $9.7025 a bushel. Beef and pork advanced on the Chicago Mercantile Exchange. Apr live cattle was up .50 cents to $1.5150 a pound; Mar feeder cattle rose .53 cent to $2.0435 a pound; while Apr lean hogs were 2.90 cents higher at $.7495 a pound.

     
  • Aurora chamber executive Joe Henning works hard to make sure the city he loves succeeds Jan 28, 2015 9:49 AM
    Joe Henning, presdent and CEO of the Aurora Regional Chamber of Commerce, calls himself a shy guy, but his work for the chamber for the past decade has made him well-known to businesses in the Fox Valley area, local elected officials and education institutions, and to chamber officials on state and national levels. He was named the 2014 Illinois Chamber Executive of the Year.

     
  • Hospital saving more stroke patients than before Jan 26, 2015 8:46 AM
    A procedure called intra-arterial therapy is proving effective at saving the most severe stroke patients, doctrors at Alexian Brothers Medical Center are discovering.

     
  • Ruling on Meijer tax assessment could have sweeping impact Jan 26, 2015 10:05 AM
    Tax board ruling on Meijer assessment could have sweeping impact for big-box stores

     
  • Angie's List wants Indianapolis taxpayer money for expansion Jan 26, 2015 10:05 AM
    Consumer review service Angie's List seeks up to $18.3M from Indianapolis for expansion plans

     
  • Solar energy supporters, utilities spar over legislation Jan 26, 2015 2:05 PM
    Solar energy supporters, utilities spar over bill that would change power generation credit

     
  • Stocks mixed on uncertainty in Europe Jan 26, 2015 11:18 AM
    Financial markets drifted between small gains and losses in morning trading Monday, as investors weighed the implications of an election victory in Greece by a party opposed to that country’s bailout plan. Traders also had their eye on the latest batch of earnings and corporate mergers.

     
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