Business Stories from June 7, 2012 (Change date)
-
How your devices could be affected by new IP numbersJun 07, 2012 10:00 am - A flurry of activity is brewing behind the scenes of the Internet that could affect how your smartphone and other Internet-enabled devices operate. All of those devices ...
-
Best Buy founder resigns as director, explores stake saleJun 07, 2012 10:00 am - NEW YORK — The founder and outgoing chairman of Best Buy announced his resignation from the board Thursday and said that he and may sell off his 20.1 percent stake in th...
-
U.S. unemployment aid applications fall to 377KJun 07, 2012 10:00 am - WASHINGTON — The number of people applying for U.S. unemployment benefits fell last week for the first time in five weeks. But the drop suggests only modest job growth a...
-
Navistar falls after loss, forecast cut and management shakeupJun 07, 2012 10:00 am - Lisle-based Navistar International Corp. fell 11 percent after reporting a surprising loss, lowering its forecast for a second time this year and reassigning top manager...
-
Phigenics, Argo Systems win water contract for Navy basesJun 07, 2012 9:59 am - Naperville-based Water services company Phigenics LLC has won the water management services contract for seven U.S. Naval bases. Phigenics said it won the contract along...
-
APAC Customer Services expanding in PhoenixJun 07, 2012 9:19 am - Bannockburn-based APAC Customer Services said it will be adding approximately 300 jobs in its Phoenix, Airz., location effective immediately. The expansion is for suppor...
-
Gallagher acquires Grossman & AssociatesJun 07, 2012 9:18 am - Itasca-based Arthur J. Gallagher & Co. announced the acquisition of Grossman & Associates, Inc. in Beachwood, Ohio. Terms of the transaction were not disclosed. Founded ...
-
Mt. Prospect electric supplier 45% cheaperJun 07, 2012 9:00 am - Mount Prospect, one of several hundred communities to approve electrical aggregation, has chosen an alternative power supplier that will be much cheaper than ComEd. On ...
-
Gogo, StubHub partner to provide ticket access to airline passengersJun 07, 2012 9:00 am - Commercial airline Wi-Fi provider Gogo, based in Itasca, said it has partnered with StubHub to give passengers onboard all Gogo equipped flights free access to the onlin...
-
U.S. futures head higher following China rate cutJun 07, 2012 7:11 am - NEW YORK — U.S. stock futures are rising after China cut its benchmark lending rate in another bid to revive its economy, which has slowed markedly. Dow Jones industria...