Business Stories from April 19, 2013 (Change date)
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IBM tugs Dow lower; S&P 500 up after rough weekApr 19, 2013 11:12 am - NEW YORK — A rare earnings miss for IBM tugged the Dow Jones industrial average lower on Friday, while the rest of the market headed toward slight gains after a turbulen...
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Unemployment rates fell in 26 US states in MarchApr 19, 2013 10:10 am - WASHINGTON — Unemployment rates fell in more than half the U.S. states in March even as job growth slowed. Rates fell largely because many of those out of work stopped l...
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Lincolnshire’s Marriott still closed after floodingApr 19, 2013 10:06 am - The Marriott Lincolnshire Resort remained closed Friday following a blackout and significant flooding from the nearby Des Plaines River. At one point, the water on Marri...
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Illinois unemployment holds at 9.5 percentApr 19, 2013 10:03 am - Unemployment leveled off in Illinois in March at 9.5 percent, the Department of Employment Security said Thursday, leaving the state with one of the highest unemployment...
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Toyota to produce luxury Lexus model at Ky. plantApr 19, 2013 9:27 am - FRANKFORT, Ky. — Toyota is about to start making a Lexus model in Kentucky, a move that will create 750 jobs at its massive plant in Georgetown that already employs more...
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Blackstone drops out of race to buy DellApr 19, 2013 8:21 am - Blackstone Group is dropping its effort to acquire the computer maker Dell, citing slumping personal computer sales and Dell’s “rapidly eroding financial profile.” Blac...
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Poll: Public pessimism on economy is increasingApr 19, 2013 8:21 am - WASHINGTON — For the third year in a row, the nation’s economic recovery has hit a springtime soft spot. Reflecting that weakness, only 1 in 4 Americans now expects his ...
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Activist investor discloses stakes in Mondelez, PepsiCoApr 19, 2013 8:21 am - NEW YORK — Activist investor Nelson Peltz has disclosed stakes in Mondelez and PepsiCo, following earlier reports that the billionaire could be pushing for a marriage be...
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GE 1Q earnings rise on NBC sale; Europe dragsApr 19, 2013 8:21 am - General Electric Corp. earnings rose in the first quarter on increased profit from selling aircraft engines and transportation equipment and the sale of NBC. But results...
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McDonald’s profit edges up but global sales dipApr 19, 2013 8:21 am - NEW YORK — Oak Brook-based McDonald’s said Friday that a global sales figure declined in the first quarter and warned that it was expected to dip in April as well. The l...