Inverness Business
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IBM to buy AT&T's Sterling unit for $1.4 billionMay 23, 2010 11:00 pm - NEW YORK -- IBM Corp. said Monday that it is buying AT&T Inc.'s Sterling Commerce unit, which makes software that helps businesses buy and sell to each other, for $1.4 b...
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Smurfit-Stone settles shareholder bankruptcy fightMay 23, 2010 11:00 pm - Smurfit-Stone Container Corp. resolved a conflict with shareholders over its reorganization plan, which may allow the box and packaging maker to exit bankruptcy within w...
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AT&T, Motorola sued over 3G network patentsMay 23, 2010 11:00 pm - AT&T Inc., Apple Inc. and Motorola Inc. were sued by a New Jersey company over claims they infringed patents for components that boost connections between mobile devices...
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Supreme Court backs Buffalo Grove company in NFL suitMay 23, 2010 11:00 pm - Buffalo Grove-based American Needle Inc. Monday won a major step in its ongoing David-and-Goliath licensing battle against the National Football League. The U.S. Supreme...
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General Growth, lenders dispute equityMay 23, 2010 11:00 pm - General Growth Properties Inc. scheduled a May 27 hearing to settle a dispute with some of the lenders over whether the mall owner waived the right to convert financing ...
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Motorola continues search for new phone headquartersMay 23, 2010 11:00 pm - Motorola Inc. said Monday it continues to eye different offices as potential headquarters for its Mobile Devices and Home businesses and will move about 200 workers to t...
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Streets of Woodfield shopping center for saleMay 21, 2010 11:00 pm - Streets of Woodfield shopping center in Schaumburg is for sale. Developer Joseph Freed & Associates LLC of Chicago owns the shopping center featuring major tenants incl...
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Rolling Meadows chamber celebrates successMay 20, 2010 11:00 pm - From Rolling Meadows to Washington. That kind of success story played out for J.C. Restoration, which picked up the Business of the Year award from the Rolling Meadows C...
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Suburban website offers discounts, help to charitiesMay 20, 2010 11:00 pm - A new suburban website that will donate a portion of its proceeds to nonprofits will launch today. Mulamu.com, a website that plays off the word mula, or money, is expec...
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Blackstone close to joining General GrowthMay 20, 2010 11:00 pm - Blackstone Group LP is in talks to invest with Brookfield Asset Management Inc. in a plan to bring mall owner General Growth Properties Inc. out of bankruptcy, according...