Business Stories from April 17, 2012 (Change date)
-
Obama wants to target oil market manipulationApr 17, 2012 11:00 am - WASHINGTON — President Barack Obama pushed Congress Tuesday to give oil market regulators more muscle to deter price manipulation by speculators, the latest White House ...
-
Former CEO to help establish dairies in third-world countriesApr 17, 2012 10:51 am - After retiring as CEO of Carpentersville-based Milk Specialties Global earlier this year, Trevor Tomkins didn’t just play golf or move to Florida. He went to Rwanda, Nic...
-
Grainger 1Q profit jumps 19 pct on higher salesApr 17, 2012 9:00 am - Mettawa-based W.W. Grainger Inc., a distributor of power tools and other industrial equipment, said Tuesday that its first-quarter profit jumped 19 percent, boosted by a...
-
U.S. factory output drops after 3 months of gainsApr 17, 2012 8:46 am - WASHINGTON — U.S. factory production fell in March after companies made fewer electronic products, steel and metals. But the decline followed three months of strong manu...
-
U.S. home building slows, permits hit 3½-year highApr 17, 2012 8:45 am - WASHINGTON — U.S. builders started work on fewer homes in March, especially apartments. But builders requested the most permits for future projects in 3½ years, suggesti...
-
Coca-Cola says stronger volume lifts profit in 1QApr 17, 2012 8:37 am - NEW YORK — The Coca Cola Co. says its net income rose 8 percent in the first quarter as it sold more drinks around the world. The world’s biggest drinks maker says it ea...
-
Apple e-books defense may hinge on absence from dinner meetingsApr 17, 2012 8:00 am - Apple Inc.'s best defense against accusations it conspired to fix e-book prices may turn on its absence from meetings in Manhattan restaurants where publishing executive...
-
Goldman Sachs’ profits mask revenue declineApr 17, 2012 7:52 am - NEW YORK — Goldman Sachs more than doubled its first-quarter profits and announced plans to raise its dividend Monday. The strong results masked other problems, includin...
-
Oil near $104 after successful Spain debt saleApr 17, 2012 7:52 am - LONDON — Oil prices rose to near $104 a barrel Tuesday after a successful Spanish debt sale eased fears over Europe’s debt crisis and investors look to U.S. earnings for...
-
Wilson says selfish people, altruistic groups win: interviewApr 17, 2012 7:52 am - We have created a Stars Wars civilization, with Stone Age emotions, medieval institutions and godlike technology,” says Edward O. Wilson, and that’s a dangerous combinat...