Inverness Business
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Lubert-Adler may buy ailing Corus BanksharesJul 23, 2009 11:00 pm - Lubert-Adler Partners LP, the Philadelphia-based private-equity firm, may participate in a bid for all or part of Corus Bankshares Inc., the Chicago lender crippled by l...
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FAA proposes engine changes on some Boeing 777sJul 23, 2009 11:00 pm - Federal regulators propose requiring modifications to the engines of some Boeing 777 jets to prevent ice from forming in fuel lines during long flights, a problem blamed...
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Exelon profit falls 12 percent as electricity demand slumpsJul 23, 2009 11:00 pm - COLUMBUS, Ohio -- Exelon said Friday that its second-quarter profit fell 12 percent as the weak economy cut into demand for electricity, and the power company issued a f...
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Northrop profit falls 20 percent on pension, ship costsJul 22, 2009 11:00 pm - Northrop Grumman Corp., the world's largest warship builder, said second-quarter profit fell 20 percent as the company recorded higher costs on ship construction and pen...
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CME Group profit rises, tops analysts' estimatesJul 22, 2009 11:00 pm - CME Group Inc., the world's largest futures market, posted second-quarter profit that beat analysts' estimates on lower expenses and higher rates per contract. Net incom...
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Old Republic posts 6th straight quarterly lossJul 22, 2009 11:00 pm - Old Republic International Corp., the Chicago-based home-loan guarantor and title insurer, posted its sixth straight quarterly loss as revenue from the mortgage guaranty...
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Economy, iPhone subsidies trim AT&T's 2Q profitJul 22, 2009 11:00 pm - NEW YORK -- AT&T Inc.'s earnings fell 15 percent in the second quarter as it subsidized a record-setting launch of the newest iPhone. The weak economy also continued to ...
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Chicago metro unemployment rate reaches 11.3 percentJul 22, 2009 11:00 pm - The Chicago metro area's jobless rate reached 11.3 percent in June, according to data released Thursday by the Illinois Department of Employment Security. Unemployment r...
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McDonald's patron sues after hepatitis outbreakJul 21, 2009 11:00 pm - An attorney who specializes in food safety filed a lawsuit Tuesday against McDonald's following a hepatitis A outbreak in northwestern Illinois. The lawsuit was filed in...
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PepsiCo 2Q profit falls 2 percent on sales dropJul 21, 2009 11:00 pm - MILWAUKEE -- Soft-drinks and snack maker PepsiCo's second-quarter profit and sales dropped slightly as consumers continued limiting their purchases of soft drinks but bo...