Elgin Business
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Verizon defeats $1.67 billion pension suitNov 03, 2009 10:00 pm - Verizon Communications Inc. defeated a group lawsuit over pension payments that may have cost the second-largest U.S. phone company about $1.67 billion. Verizon has oper...
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Bankrupt Neumann Homes sues towns to return impact feesNov 02, 2009 10:00 pm - Neumann Homes Inc., which had been one of the 10 largest homebuilders in the Chicago area before filing bankruptcy last year, has sued more than two dozen municipal gove...
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Tribune Co. newspapers won't use AP next weekNov 02, 2009 10:00 pm - Tribune Co., owner of The Chicago Tribune, the Los Angeles Times and several other news outlets, will not use most Associated Press content next week to test whether the...
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Tribune to end ownership plan, start profit sharingNov 02, 2009 10:00 pm - Tribune Co., the newspaper publisher that filed for bankruptcy protection in December, said it will replace the employee stock-ownership plan it began in December 2007 w...
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Smurfit-Stone shareholders want more say in reorganizationNov 02, 2009 10:00 pm - SSmurfit-Stone Container Corp. shareholders renewed their fight for a court-approved role in reorganizing the bankrupt packaging maker, arguing that an improving econom...
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CNA swings to profit on fewer stormsNov 01, 2009 10:00 pm - CNA Financial Corp., the business insurer controlled by Loews Corp., swung to a third-quarter profit on fewer hurricane claims and improved investment income. Net income...
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Citigroup raises Moto to 'buy'; downgrades RIMNov 01, 2009 10:00 pm - Motorola Inc. shares were raised to "buy" from "hold" by analysts at Citigroup Inc., who said the company will introduce a "compelling" offer of handsets at a "time when...
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Boeing backers press Obama on $35 billion tanker contractNov 01, 2009 10:00 pm - WASHINGTON -- A bipartisan group of lawmakers who support Boeing in its bid for a $35 billion tanker contract want President Barack Obama to force the Air Force to inclu...
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Exelon warns 2010 profit may decline on power pricesNov 01, 2009 10:00 pm - Exelon Corp., the largest U.S. owner of nuclear power plants, said per-share profit may fall next year on lower electricity prices. Profit excluding some one-time items ...
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Sears adds features, new cardOct 29, 2009 11:00 pm - HOFFMAN ESTATES - Sears said Thursday it has added new benefits and features to provide more retail value to Sears card customers. They include credit score access at n...