Inverness Business
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Boeing expects overseas defense sales to rise in AsiaJun 03, 2010 11:00 pm - Boeing Co. expects defense revenue from outside the U.S. to rise to much as 25 percent of all its defense business in five years on demand for fighter jets and helicopte...
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Tishman Speyer restructures debt on Chicago office buildingsJun 03, 2010 11:00 pm - Tishman Speyer Properties LP reached an agreement with its lenders to restructure debt on a group of downtown Chicago office properties that it bought from Blackstone Gr...
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General Growth reports $12 million net loss in AprilJun 03, 2010 11:00 pm - The General Growth Properties Inc. companies in Chapter 11 reported a $12 million net loss in April on total revenue of $205.3 million. Operating income in the month was...
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Better planning key to business success, chamber chief saysJun 03, 2010 11:00 pm - Many Arlington Heights businesses that recently failed, including the Sheraton Chicago Northwest and CoCo Key water park, still would have gone under if the economy were...
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Elk Grove mayor: Tough times will lead to better governmentJun 03, 2010 11:00 pm - "It's tough out there," Elk Grove Village Mayor Craig Johnson said Thursday, making no bones about how the village and its businesses are hurting from the economic downt...
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International Home + Housewares Show to stay in ChicagoJun 03, 2010 11:00 pm - Rosemont-based International Housewares Association said Friday that itˆ is negotiating a long-term agreement with McCormick Place to keep theˆ International Home + Hous...
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Rosemont gets $5 million to boost convention businessJun 02, 2010 11:00 pm - Despite a national downturn in convention business, Rosemont's Donald E. Stephens Convention Center has been holding its own drawing between 50 and 60 shows year round, ...
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Hartmarx settles with lenders for $750,000 cashJun 02, 2010 11:00 pm - The remainder of Hartmarx Corp. negotiated a settlement with secured lenders that will bring in $750,000 cash while releasing $2.25 million being held aside for professi...
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General Growth: 13 properties may be turned over to lendersJun 02, 2010 11:00 pm - General Growth Properties Inc., the second-largest mall owner in the U.S., said it's identified 13 "underperforming" retail properties that may be turned over to lenders...
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Smurfit-Stone reports $62.9 million net lossJun 01, 2010 11:00 pm - Smurfit-Stone Container Corp., a corrugated container and containerboard maker, reported a $62.9 million net loss in April on sales of $512 million. The operating loss f...