Inverness Business
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Simon CEO: General Growth's balance sheet 'scares me'Apr 29, 2010 11:00 pm - General Growth Properties Inc., the U.S. mall owner trying to emerge from bankruptcy, has secured debt and leveraged assets that make its balance sheet "scary," Chief Ex...
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UAL accused of theft of baggage-delivery technology in lawsuitApr 29, 2010 11:00 pm - UAL Corp., owner of United Airlines, is accused in a lawsuit of stealing technology to develop a method of delivering baggage to people's homes. Applied Transport Soluti...
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Blackberry-maker RIM pushes Moto out of top 5 mobile vendorsApr 29, 2010 11:00 pm - Research In Motion Ltd. became one the five biggest mobile-phone handset makers in the first quarter, overtaking Motorola Inc. and tying with Sony Ericsson Mobile Commun...
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Daily Herald receives 8 awards from Illinois Associated PressApr 29, 2010 11:00 pm - The Daily Herald accepted eight awards of excellence Thursday night in the 2010 Illinois Associated Press Editors Association Editorial Excellence contest. The honors in...
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Court: Drug patent settlements may be illegalApr 29, 2010 11:00 pm - Patent settlements reached by drug companies including Bayer AG may violate antitrust laws, a U.S. appeals court said, citing a rise in cases in which makers of brand-na...
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Pharmaceutical company Astellas building new HQ in GlenviewApr 28, 2010 11:00 pm - A Japanese pharmaceutical company that's building its headquarters for the Americas in a Chicago suburb is getting $4 million in tax credits from the state. Gov. Pat Qui...
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Fed criticism stings DeVry, Career Education Corp.Apr 28, 2010 11:00 pm - Apollo Group Inc., the biggest U.S. for-profit education provider; Career Education Corp.; Grand Canyon Education Inc., and DeVry Inc. fell in stock trading after a trad...
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General Growth updates bankruptcy planApr 28, 2010 11:00 pm - General Growth Properties Inc., the second-largest U.S. mall owner, won approval to add two new loans valued at $895.5 million to its Chapter 11 bankruptcy plan. Fashion...
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CME profit rises 21% as interest-rate volume returnsApr 28, 2010 11:00 pm - CME Group Inc., the world's largest futures market, said first-quarter earnings rose 21 percent as interest-rate futures trading rebounded from a year ago when the globa...
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Allstate CEO sells stocks, bets on corporate-debtApr 28, 2010 11:00 pm - Allstate Corp., the largest publicly traded U.S. home and auto insurer, sold stocks in the first quarter as Chief Executive Officer Thomas Wilson bet corporate debt will...