Inverness Business
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NRG Energy turns down Exelon's revised offerJul 07, 2009 11:00 pm - PRINCETON, N.J. -- NRG Energy Inc. said Wednesday that it has turned down Exelon Corp.'s revised hostile takeover bid of $8 billion in stock because it undervalues the b...
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Pepsi's Russia push not without challengesJul 07, 2009 11:00 pm - DOMODEDOVO, Russia -- PepsiCo opened an immense new bottling plant outside Moscow on Wednesday as it bets on Russia to become its biggest market outside the United State...
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PrivateBancorp speeds growth after buying failed bankJul 07, 2009 11:00 pm - PrivateBancorp's purchase of the failed Founders Bank last week gives the lender an expanded roster of commercial customers and a branch network in Chicago's suburbs, wh...
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1,000 suburban workers to get pink slipsJul 07, 2009 11:00 pm - More than 1,000 workers at various suburban companies - including another 74 at Motorola Inc. - are expected to be laid off this summer due to closings or downsizings. M...
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AT&T expects to close on Midwest wireless acquisition in 3QJul 07, 2009 11:00 pm - DALLAS -- AT&T Inc. said Wednesday that it expects to close on its $944 million acquisition of wireless and broadband service provider Centennial Communications Corp. du...
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Yanni's gets new ownerJul 06, 2009 11:00 pm - Arlington Heights-based Yanni's, a Greek restaurant in Arlington Heights, has new owners. George Kakotarigis, who has worked in France and the Greek Islands; Steve Mengi...
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Boeing pays $580 mil for S.C. Dreamliner plantJul 06, 2009 11:00 pm - Boeing Co. will pay $580 million in cash for a plant that makes large sections of its 787 jetliner in an apparent effort to resolve supplier problems that have contribut...
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Southwest, American try to lure fliers with $30 faresJul 06, 2009 11:00 pm - Southwest Airlines Co., the largest discount carrier, is offering one-way fares of $30, $60 or $90, to generate demand when the peak U.S. travel season wanes in Septembe...
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Baker & McKenzie cutting lawyers in ChinaJul 06, 2009 11:00 pm - Baker & McKenzie LLP, the world's second-largest law firm by revenue, plans to eliminate 11 percent of its lawyers and professional staff in China because of the "very c...
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Prosecutors: Black doesn't deserve bailJul 05, 2009 11:00 pm - Conrad Black, the former Hollinger International Inc. chairman imprisoned for his role in the theft of $6.1 million from the company, shouldn't be freed on bail while th...