Inverness Business
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Sears buys control of Canada operations, could take unit privateApr 22, 2010 11:00 pm - Sears Holdings Corp., the biggest U.S. department-store company, agreed to buy William Ackman's hedge fund's stake in Sears Canada Inc., in a move that would allow it to...
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Simon attracts more co-investors for General GrowthApr 22, 2010 11:00 pm - Simon Property Group Inc. continues sweetening its offer to be among the investors who help reorganize shopping-mall owner General Growth Properties Inc. Yesterday, Indi...
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Bankrupt O'Hare hotel gets more time to reorganizeApr 22, 2010 11:00 pm - River Road Hotel Partners LLC, owner of the InterContinental Chicago O'Hare hotel near Chicago's largest airport, received an extension of the exclusive right to propose...
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Golf concept drives to SearsApr 21, 2010 11:00 pm - Golfers will be able to test clubs at select Sears stores this summer as part of a new initiative with Edwin Watts Golf Shops. Sears Holdings announced a multiyear agree...
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US Airways ends talks with United about comboApr 21, 2010 11:00 pm - UAL Corp.'s United Airlines and Continental Airlines Inc. are considering a stock-for-stock merger with no market premium, said two people with knowledge of the talks, c...
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Auto shop buys Mar Ray site; costume shop scouting new localeApr 21, 2010 11:00 pm - The fate of more than 200 Santa Claus and Easter Bunny costumes is secure with the news that Mar Ray Costume Shop in Palatine is relocating. More than a year after the F...
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PepsiCo's 1Q profit rises on international growthApr 21, 2010 11:00 pm - PURCHASE, N.Y. -- Strong sales of PepsiCo Inc.'s snacks and drinks in developing markets helped its first-quarter profit rise 26 percent, beating analyst estimates. Loca...
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Longtime Paddock Publications leader reflects on 46-year careerApr 21, 2010 11:00 pm - First of two parts For Daniel E. Baumann, the changing of the guard at the head the Paddock Publications last week culminated a 46-year career with the company as a repo...
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Verizon adds few contract customers in 1QApr 21, 2010 11:00 pm - NEW YORK -- Verizon Communications Inc., the largest wireless carrier in the country, is finding there's an end to the number of people who'll sign two-year contracts fo...
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Simon adds $1.1 billion to General Growth proposalApr 21, 2010 11:00 pm - Simon Property Group Inc. added four backers to its proposal to help rival mall owner General Growth Properties Inc. emerge from bankruptcy, increasing the plan's total ...