Business Stories from February 25, 2020 (Change date)
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Victory Centre of Vernon Hills Hires Executive Director Veronica RudychevFeb 27, 2020 9:53 am - Victory Centre of Vernon Hills senior living community, located at 97 W. Phillip Road, Vernon Hills, IL, welcomes Veronica Rudychev of Glendale, WI, as its new executive...
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Sara Lee Frozen Bakery acquires Cyrus O'Leary's PiesFeb 28, 2020 7:30 am - Frozen baked goods manufacturer Sara Lee Frozen Bakery said Tuesday it is acquiring Spokane, Washington-based company Cyrus O'Leary's Pies for an undisclosed sum. Cyrus ...
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Earthquake risk prompts order to drain California damFeb 25, 2020 1:31 pm - SAN JOSE, Calif. (AP) - Worried that an earthquake could collapse a big dam south of San Francisco, officials have ordered its reservoir to be completely drained by Octo...
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Jury convicts ex-Microsoft worker in digital currency schemeFeb 25, 2020 3:01 pm - SEATTLE (AP) - A jury on Tuesday convicted a former Microsoft worker of wire fraud and other charges in what prosecutors described as a scheme to steal $10 million in di...
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US consumer confidence rises slightly to 130.7 in FebruaryFeb 27, 2020 1:18 pm - WASHINGTON (AP) - U.S. consumer confidence improved slightly in February, rising to a reading of 130.7, the highest point since August. The Conference Board said Tuesday...
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Virgin Galactic reports high interest in its space flightsFeb 25, 2020 4:31 pm - LOS ANGELES (AP) - Virgin Galactic has received nearly 8,000 online reservations of interest since its first successful test flight into space 14 months ago, the company...
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Mastercard names insider as new CEOFeb 25, 2020 6:31 am - Mastercard is naming an insider as its new CEO. Michael Miebach, who is currently the company's chief product officer, will takeover for CEO Ajay Banga to start 2021. B...
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Grains mostly higher, livestock mixed.Feb 25, 2020 2:01 pm - Wheat for Mar. rose 2.75 cents at 5.39 a bushel; Mar. corn was up .25 cent at 3.7250 a bushel, Mar. oats was off 1 cent at $2.85 a bushel; while Mar. soybeans gained 4.7...
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Drugmaker Mallinckrodt reaches $1.6B opioid settlementFeb 25, 2020 12:01 pm - The generic drugmaker Mallinckrodt has a tentative $1.6 billion deal to settle lawsuits over its role in the U.S. opioid crisis, it announced Tuesday. The deal is intend...
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Thomson Reuters names Hasker as CEO, Eastwood as CFOFeb 25, 2020 7:31 am - Thomson Reuters says Steve Hasker will become its new CEO, succeeding Jim Smith. The company also announced Tuesday that Mike Eastwood, senior vice president and head of...
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