Business Stories from May 24, 2012 (Change date)
-
Elgin bar receives suspensionMay 24, 2012 11:07 am - La Quebrada Restaurant in Elgin has been fined $2,000 and given a 30-day suspension of its liquor license beginning May 29 because it sold liquor to minors and because a...
-
Berlin Packaging wins several honors at 2012 NACD Package AwardsMay 24, 2012 10:49 am - Berlin Packaging was one of the top winners at the 2012 National Association of Container Distributors Package Awards Competition, taking honors in multiple categories. ...
-
APAC Customer Services Expands in PanamaMay 24, 2012 10:49 am - Bannockburn-based APAC Customer Services, Inc. has opened a new contact center in Panama The opening included a gala event and ribbon cutting ceremony with several local...
-
Facebook IPO overvalued at $96 billion in poll of investorsMay 24, 2012 10:10 am - Facebook Inc., seeking as much as $96 billion in its initial public offering next week, is overvalued at that price, according to a Bloomberg investor poll. Underscoring...
-
Spacex craft on track to dock with space stationMay 24, 2012 10:10 am - Space Exploration Technologies Corp.’s supply ship flew about 2.5 kilometers (1.6 miles) under the International Space Station and is on track to dock tomorrow, a govern...
-
Weekly U.S. jobless aid applications dip to 370,000May 24, 2012 9:55 am - WASHINGTON — The number of people seeking unemployment benefits changed little last week, signaling modest job growth. The Labor Department said Thursday that weekly app...
-
European stocks rebound from biggest drop in a monthMay 24, 2012 8:23 am - European stocks rebounded from the biggest drop in a month amid concern recent losses are overdone considering the outlook for company earnings. KBC Groep NV, Belgium’s ...
-
Dow awarded $2.16 billion from Kuwait over aborted 2008 dealMay 24, 2012 8:23 am - Dow Chemical Co., the largest U.S. chemical maker by sales, said an arbitration panel ruled that Kuwait must pay $2.16 billion in damages after it canceled a 2008 agreem...
-
U.S. durable goods orders up 0.2 percent in AprilMay 24, 2012 8:00 am - WASHINGTON - Orders for long-lasting factory goods edged up slightly in April but a key category that tracks business investment spending fell for a second straight mont...
-
Manufacturing in U.S. grew at slower pace in mayMay 24, 2012 8:00 am - Manufacturing in the U.S. expanded in May at the slowest pace in three months, indicating the industry that spurred the recovery almost three years ago is cooling. An i...