Des Plaines Business
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Blackstone to invest $500 million in General GrowthAug 17, 2010 11:00 pm - LOS ANGELES -- Asset manager Blackstone Group has agreed to invest about $500 million for shares in General Growth Properties Inc. once the shopping mall operator emerge...
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Tribune creditors get more time to vote on planAug 17, 2010 11:00 pm - A judge gave Tribune Co. creditors more time to vote on the publishing company's plan to exit bankruptcy while it negotiates with opponents. U.S. Bankruptcy Judge Kevin ...
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Consumer wallets, air conditioners take a pounding during heat waveAug 13, 2010 11:00 pm - The wilting heat wave also is taking aim at wallets and air conditioners across the suburbs. Both are taking a pounding as temperatures soar into the 90s and the heat in...
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Boeing won't protest bomb awardAug 12, 2010 11:00 pm - Boeing Co. chose not to protest Raytheon Co.'s victory on a $450.8 million U.S. contract to develop smart bombs, a program tied to a procurement scandal for which an Air...
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Fed to crack down on for-profit collegesAug 12, 2010 11:00 pm - Education Secretary Arne Duncan will step up oversight of federal student financial-aid programs after an undercover government investigation found deceptive marketing p...
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Southwest may add larger Boeing 737-800 to fleetAug 12, 2010 11:00 pm - Southwest Airlines Co. will study whether to add to its fleet a larger model of the Boeing Co. 737, the only aircraft type flown by the carrier. The 737-800 can seat 189...
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Aon planning acquisitions in South AmericaAug 12, 2010 11:00 pm - AON Corp., the world's largest insurance brokerage, is planning acquisitions in Brazil to increase sales in the South American country by 20 percent a year, the vice-pre...
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Hughes heirs object to General Growth bankruptcy planAug 12, 2010 11:00 pm - The heirs of Howard Hughes moved to block General Growth Properties Inc.'s plan to exit bankruptcy, saying in an Aug. 11 court filing that the second-largest U.S. mall o...
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Des Plaines-based suit maker celebrates year since its rescueAug 11, 2010 11:00 pm - Hundreds of Hart Schaffner & Marx employees, top management, and state and local officials today marked the anniversary of the takeover that saved nearly 600 jobs at the...
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Foreclosures continue to soar in Illinois, defying nationwide trendAug 11, 2010 11:00 pm - Foreclosures in Illinois soared about 35 percent higher in July compared to a year ago, keeping the state in the top 10 with the biggest monthly increase nationwide, acc...