Hoffman Estates Business
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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...
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Will shuffling, spinoffs save Sears?Jan 21, 2008 10:00 pm - The inner workings at Sears Holdings Corp. are shifting, but it remains unclear if it will be enough to turn around sales and profits. The owner of the Sears and Kmart r...
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Sears planning to split upJan 19, 2008 10:00 pm - Sears Holdings Corp. plans to reorganize into several companies in another bid to pull the ailing 121-year-old retailer out the doldrums, The Wall Street Journal reporte...
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Seniors are using Web to manage their moneyJan 19, 2008 10:00 pm - Are you finding yourself going to more Web sites of financial institutes? Young or old, you're looking to improve your pocketbook with some quick clicks online. A survey...
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Movers and shakersJan 19, 2008 10:00 pm - Wheaton resident Patricia Schwarze, executive director of the Building Owners and Managers Association of Suburban Chicago, headquartered in Schaumburg, was appointed se...