Hanover Park Business
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UAL may help push U.S. air carriers to $1 billion 2Q lossJul 13, 2009 11:00 pm - United Airlines parent UAL Corp., Continental Airlines Inc. and other major U.S. carriers may have combined losses of $1 billion, their seventh straight quarterly defici...
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Witness: Hinsdale's Superior Bank peddled risk loansJul 13, 2009 11:00 pm - Superior Bank, seized by federal regulators in 2001, was a subprime lender that used predatory and deceptive practices, a witness for Ernst & Young LLP testified at a tr...
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RiskMetrics: NRG holders should reject Exelon proposalJul 12, 2009 11:00 pm - RiskMetrics Group Inc., a proxy adviser, recommended that NRG Energy Inc. shareholders reject Exelon Corp.'s proposal to expand the company's board and elect nine new in...
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McDonald's plans European headquarters in GenevaJul 12, 2009 11:00 pm - NEW YORK -- McDonald's Corp. said Monday it will establish a European headquarters in Geneva, Switzerland, by the end of 2009. Spokeswoman Cath O'Grady said the fast-foo...
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Navistar to lay off 275 at Mississippi defense plantJul 12, 2009 11:00 pm - Navistar International Corp., the largest maker of blast-proof trucks for the U.S. military, said it will lay off 275 workers at a Mississippi factory because of declini...
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Alberto-Culver may be on P&G's takeover target listJul 12, 2009 11:00 pm - Estee Lauder Cos., Shiseido Co. and Alberto-Culver Co. are potential takeover targets for Procter & Gamble Co. as the world's biggest consumer products maker expands in ...
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Alcatel-Lucent unions want meeting with French president SarkozyJul 12, 2009 11:00 pm - PARIS -- Alcatel-Lucent SA's labor unions requested a meeting with French President Nicolas Sarkozy to discuss planned job cuts and the company's future. "The President ...
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Motorola announces radio system contractJul 12, 2009 11:00 pm - Motorola Inc. today announced a $2.9 million contract with the Orlando Utilities Commission to provide a suite of dispatch consoles, control stations and portable and mo...
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Chicago lawyer convicted in $2.4 billion fraudJul 12, 2009 11:00 pm - Joseph Collins, Refco Inc.'s former outside lawyer, was convicted by a federal jury of helping Chief Executive Officer Phillip Bennett and other executives defraud inves...
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Continental wins clearance to join United in allianceJul 09, 2009 11:00 pm - WASHINGTON -- Continental Airlines Inc. won final U.S. approval to coordinate flights abroad with United Airlines and eight carriers, the Transportation Department said ...