Business Stories from July 1, 2013 (Change date)
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Woodfield Mall launches new Style Pass Coupon bookletJul 01, 2013 11:00 pm - Everyone loves to save money and now Woodfield Mall, one of the largest shopping destinations in the United States located in the Chicago area, is offering its premier S...
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TMA Member Terry Iverson Testifies on Capitol HillJul 01, 2013 11:00 pm - TMA Member Terry Iverson Testifies Before U.S. House Small Business Panel (Park Ridge)-Tooling & Manufacturing Association of Illinois Member Terry Iverson, President &...
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U.S. stocks advance as stimulus concerns fadeJul 01, 2013 4:32 pm - NEW YORK — Investors have stopped worrying about the Federal Reserve. At least for now. Stocks rose on Wall Street Monday as investors judged that the economy still isn...
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Steinway accepts $438M buyout from Kohlberg & Co.Jul 01, 2013 1:47 pm - WALTHAM, Mass. — The famed piano maker Steinway is hoping that the sale of the company to private equity firm Kohlberg & Co. will strike the right chord. Steinway Musica...
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Student loan rate doubles, but bigger bills not imminentJul 01, 2013 12:00 pm - SPRINGFIELD — Today's doubling of some student loan rates polarized suburban members of Congress, but graduates grinding through the working world to try to pay off thei...
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Edward, Elmhurst Memorial finalize merger, announce leadersJul 01, 2013 12:00 pm - Edward Hospital & Health Services in Naperville and Elmhurst Memorial Healthcare have finalized their merger to create one new health system, officials from both org...
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Citigroup agrees to pay $968 million to Fannie MaeJul 01, 2013 10:04 am - Citigroup has agreed to pay $968 million to Fannie Mae to resolve potential future repurchase claims on residential mortgage loans originated between 2000 and 2012. A si...
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U.S. factory activity expands in June, jobs declineJul 01, 2013 9:56 am - U.S. manufacturing activity grew in June behind a pickup in new orders and stronger production. The increase suggests factories could rebound in the second half of the y...
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U.S. construction spending up 0.5 percent in MayJul 01, 2013 9:51 am - Spending on residential housing rose in May to the highest level in 4½ years, helping to send overall construction spending higher despite a big drop in nonresidential a...
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Tribune to acquire 19 TV stations for $2.73 billionJul 01, 2013 8:04 am - Tribune Co. said Monday that it reached a deal to buy Local TV Holdings LLC’s 19 TV stations for $2.73 billion in cash, significantly boosting its television business as...
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