Business Stories from January 26, 2010 (Change date)
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Convention center pondered for former Lakehurst mall siteJan 26, 2010 10:00 pm - Could the former Lakehurst Shopping Center site in Waukegan become the home of a $70 million convention center? The multipurpose center would host major conventions, tra...
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Tellabs posts profit, yet cuts 200 workersJan 26, 2010 10:00 pm - NAPERVILLE - Tellabs Inc. said Tuesday it posted a healthy profit, yet will cut about 200 jobs as it restructures again. The telecommunications equipment maker said it p...
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Home prices, confidence climb furtherJan 26, 2010 10:00 pm - Jan. 26 (Bloomberg) -- Home prices and consumer confidence in the U.S. climbed further from the depths of the recession, indicating the economy is taking more steps towa...
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Caterpillar 4Q profit tumbles; cautious outlookJan 26, 2010 10:00 pm - Caterpillar said Wednesday that its fourth-quarter profit tumbled as demand remained weak, but the maker of mining and construction equipment expects sales to rebound in...
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Airlines group says 2009 worst year for demandJan 26, 2010 10:00 pm - GENEVA -- Airlines suffered the worst-ever fall in passenger demand in 2009, hampering their chances of early recovery and making another year of heavy losses all the mo...
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Boeing 2010 forecast trails estimates on lower outputJan 26, 2010 10:00 pm - MINNEAPOLIS -- Boeing Co. surprised investors with a bigger-than-expected fourth-quarter profit on Wednesday, and said testing of its two newest planes is on track. Boei...
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Abbott profit little changed as costs offset salesJan 26, 2010 10:00 pm - NEW YORK -- Abbott Laboratories said Wednesday its fourth-quarter profit was flat on higher costs, but sales of the company's diverse mix of drugs, devices and nutrition...
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U.N.: 27 million people became unemployed in 2009Jan 26, 2010 10:00 pm - DAVOS, Switzerland -- Twenty-seven million people around the world lost their jobs in 2009, the U.N. labor agency said Wednesday, warning of a jobless recovery in a rep...
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Government fines United $30,000 for fare flubJan 26, 2010 10:00 pm - MINNEAPOLIS -- The U.S. Transportation Department said on Friday that United Airlines must pay a $30,000 fine for failing to include a federal tax when it quoted some ai...
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