Business Stories from July 24, 2012 (Change date)
-
Tribune creditors ask judge to halt plan to exit bankruptcyJul 24, 2012 10:25 am - Bloomberg News Tribune Co. creditors appealed the newspaper chain’s reorganization plan and asked a judge to temporarily halt the company’s effort to exit bankruptcy. A...
-
Marlboro maker Altria 2Q profit nearly triplesJul 24, 2012 10:22 am - RICHMOND, Va. — Marlboro maker Altria Group Inc. said Tuesday that its net income nearly tripled in second-quarter as higher prices helped offset flat cigarette volumes ...
-
EU probes a possible cartel of 13 CD drive makersJul 24, 2012 10:22 am - BRUSSELS — The EU says it has informed 13 makers of CD and DVD drives for computers of its “preliminary view” that they may have broken antitrust rules by participating ...
-
Moody’s may downgrade Penn State’s credit ratingJul 24, 2012 10:15 am - NEW YORK — Moody’s Investors Service said it may cut its rating on Penn State’s credit as the university deals with the fallout from the Jerry Sandusky child sexual-abus...
-
Barnes & Noble CEO get $8.4M compensation increaseJul 24, 2012 10:15 am - NEW YORK — The CEO of bookstore chain Barnes & Noble’s compensation skyrocketed to $10 million from just $1.6 million last year, due to a hefty stock option grant, as th...
-
UPS cuts year forecast on weakness overseasJul 24, 2012 10:15 am - NEW YORK — UPS sees a tough road ahead for the global economy. The world’s largest package delivery company is more pessimistic about global growth than many economists....
-
Pernix Group ranked in top contractor listJul 24, 2012 9:18 am - Lombard based-Pernix Group Inc. was recognized by Engineering News — Record Magazine, a leading publication for the engineering and construction industry, as one of the ...
-
TreeHouse Foods names Sliva to new executive positionJul 24, 2012 9:18 am - Oak Brook-based — Treehouse Foods Inc. has hired Christopher D. Sliva to the newly-created position of chief operating ifficer of its Bay Valley Foods operating unit and...
-
Camping World to open new store in New YorkJul 24, 2012 9:17 am - Lincolnshire-based Camping World, the nation’s largest RV and outdoor retailer, announces plans to open their newest retail location in Kingston, N.Y. The location will ...
-
Illinois sees boost in tourism during 2011Jul 24, 2012 9:00 am - Illinois had a record number of visitors in 2011, with more than 93 million tourists visiting the state. The Illinois Department of Commerce and Economic Opportunity sai...