Business Stories from January 17, 2019 (Change date)
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Wheaton resident Ken Lumb named managing partner at Corboy & DemetrioJan 17, 2019 10:00 pm - Wheaton resident Kenneth T. Lumb, a U.S. Army veteran who joined Corboy & Demetrio in 1995, has been named managing partner of the Chicago law firm. Ken, a plaintiffs' ...
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American Express posts 4Q profit that tops forecastsJan 17, 2019 6:00 am - NEW YORK (AP) - American Express swung to a fourth-quarter profit, the credit card company said Thursday, helped by a lower tax rate and more spending on the company's n...
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Asian stocks rise on hopes for US-China trade progressJan 17, 2019 6:00 am - BEIJING (AP) - Stocks in Shanghai, Hong Kong and Tokyo advanced Friday after investors saw signs of possible progress toward settling the U.S.-Chinese tariff war. KEEPIN...
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Gymboree begins winding down operations after 2nd bankruptcyJan 17, 2019 6:00 am - SAN FRANCISCO (AP) - Gymboree has filed for bankruptcy protection for a second time in as many years, but this time the children's clothing retailer will begin winding d...
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Morgan Stanley 4Q profit, revenue hit by volatile marketsJan 17, 2019 6:00 am - NEW YORK (AP) - Morgan Stanley says fourth-quarter profit totaled $1.53 billion, more than double from the year-ago quarter. The New York-based company said Thursday tha...
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The Latest: Sears creditors challenge ESL's winning bidJan 17, 2019 6:00 am - NEW YORK (AP) - The Latest on Sears bankruptcy auction (all times local): 5 p.m. A group of Sears creditors are challenging Chairman Eddie Lampert's hedge fund's winning...
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Grains mixed, Livestock mixedJan 17, 2019 6:00 am - CHICAGO (AP) - Grain futures were mixed Thursday in early trading on the Chicago Board of Trade. Wheat for Mar. delivery fell 4.40 cents at $5.0960 a bushel; Mar. corn w...
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Sears creditors challenge hedge fund chairman's winning bidJan 17, 2019 6:00 am - NEW YORK (AP) - A group of Sears creditors are challenging Chairman Eddie Lampert's hedge fund's winning $5.2 billion bid to buy the business in a bankruptcy auction and...
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Morgan Stanley's 4Q results miss forecasts, hurt by tradingJan 17, 2019 6:00 am - NEW YORK (AP) - Investment bank Morgan Stanley on Thursday reported fourth-quarter results that came up short of analysts' expectations, hurt by difficulties in trading ...
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Marine veteran from Arlington Heights helps comrades get jobsJan 17, 2019 4:37 am - After four years in the Marine Corps, the transition from military service to civilian life wasn't easy, Arlington Heights resident Scott Lietzow admits. Finding a job s...
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