Elgin Business
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Career Education teams up with BBBJan 24, 2008 10:00 pm - HOFFMAN ESTATES -- American InterContinental University Online on Thursday announced it has joined the Better Business Bureau's Online Reliability program. The aim of th...
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Methode to lay off 125 area plant workersJan 24, 2008 10:00 pm - Methode Electronics Inc. said Thursday it will stop making one of its oldest products -- the simple plug-in connector with tiny prongs that mates with another connector ...
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Area banks suffer along with credit industryJan 23, 2008 10:00 pm - Shares of two suburban community banks rallied Wednesday despite differing financial performance in the fourth quarter. Wintrust Financial Corp. shares increased 6 perce...
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Former Lucent building gains tenantJan 23, 2008 10:00 pm - Chicago-based Health Care Service Corp. said Wednesday it has signed a 15-year lease for one of its businesses to move into the Naperville office center formerly occupie...
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Motorola stock sinks on profit warningJan 23, 2008 10:00 pm - Schaumburg-based Motorola Inc. said Wednesday its fourth-quarter profits plunged 84 percent and next quarter could be worse, news that sent its stock into a free fall. M...
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Career Ed hit by tighter creditJan 22, 2008 10:00 pm - HOFFMAN ESTATES -- The shares of for-profit education companies, including Career Education Corp., plunged after SLM Corp., the largest U.S. loan provider, said it would...
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Pessimism will pass by mid-year, economist tells local businessmenJan 22, 2008 10:00 pm - Likening the last financial year to an "unbelievable roller coaster ride," economist Robert Genetski addressed several hundred people this morning at an annual economic ...
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Sears plan pleases investorsJan 22, 2008 10:00 pm - Shares of Sears Holdings Corp., the retailer run by investor Edward Lampert, rose the most in more than a year in trading Tuesday after the company provided details abou...
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Slowdown impacts many area businessesJan 22, 2008 10:00 pm - Weakness in the economy has long been evident to Robert A. Mecca, a life-planning consultant in Mount Prospect who said the economic slowdown has taken its toll on his c...
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What the rate cut means for borrowersJan 22, 2008 10:00 pm - The Federal Reserve's three-quarter percentage point cut in a key interest rate Tuesday was designed to make borrowing cheaper for individuals and corporations, and thus...