Business Stories from May 22, 2008 (Change date)
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Banking regulator: Home equity losses 'unprecedented'May 22, 2008 11:00 pm - WASHINGTON -- Home equity loans could be the next victim of the ongoing housing turmoil, as falling home prices and lax underwriting accelerate losses, a top U.S. bankin...
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CNA Financial says Motamed to replace chief Lilienthal in 2009May 22, 2008 11:00 pm - CNA Financial Corp., the commercial insurer controlled by Loews Corp., said Thomas Motamed will become chairman and chief executive officer in June 2009. He will replace...
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Yahoo delays shareholder meetingMay 22, 2008 11:00 pm - Yahoo! Inc., the Internet company under pressure from investor Carl Icahn, delayed its annual meeting after the billionaire threatened to oust its directors for snubbing...
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Vector Marketing opens in GrayslakeMay 22, 2008 11:00 pm - GRAYSLAKE -- Vector Marketing has opened a new sales office in Grayslake. Run by district manager Bob Bednarz, the Lake County office, at 100 S. Atkinson Road, will be u...
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Retailers face uncertain second half of 2008May 22, 2008 11:00 pm - NEW YORK -- The latest reports from the nation's merchants show that higher energy and food bills and slumping home values are pressuring shoppers so much, they're being...
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Airlines ponder how far they can push customersMay 22, 2008 11:00 pm - DALLAS -- Higher fares and new fees are irritating air travelers, but airlines still can't raise money or cut flights fast enough to cover ever-higher fuel prices. In th...
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American Axle workers vote to end 3-month strikeMay 22, 2008 11:00 pm - HAMTRAMCK, Mich. -- Workers at American Axle and Manufacturing Holdings Inc. expect to return to their jobs early next week after overwhelmingly approving a new contract...
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