Island Lake Business
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Owner of 10 area radio stations files for Chapter 11Jan 05, 2010 10:00 pm - The parent company of about 10 local radio stations has filed for Chapter 11 bankruptcy, officials from NextMedia Group Inc. in Colorado announced in December. On their...
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Morgan Stanley wins suit against DiscoverJan 05, 2010 10:00 pm - NEW YORK -- Morgan Stanley won a legal battle with former subsidiary Discover Financial Services over nearly $800 million Morgan Stanley says it was owed by the credit c...
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Cadbury bidding war speculation mountsJan 03, 2010 10:00 pm - LONDON -- Speculation of a bidding war for British candy maker Cadbury PLC mounted on Monday after Swiss food group Nestle agreed to sell off its majority stake in eyeca...
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Allstate, Progressive face increasing claims as recession easesJan 03, 2010 10:00 pm - U.S. auto insurers, a group that includes Allstate Corp. and Progressive Corp., face an increase in claims costs as the recession eases and drivers return to the road, a...
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IRS to start regulating paid tax preparersJan 03, 2010 10:00 pm - The IRS said Monday it will start regulating nearly 1.4 million paid tax preparers nationwide to help protect taxpayers and to make sure the agency is collecting the rig...
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Builders, developers take stock of market downturnJan 02, 2010 10:00 pm - Whenever people, or companies for that matter, go through a traumatic experience, it is hoped that we come out of it somehow changed for the better. We hope that our dif...
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New hotels still opening in the suburbsDec 31, 2009 10:00 pm - The troubled hotel industry this year has seen some major brands close around the suburbs, including the Sheraton Chicago Northwest in Arlington Heights and the Wyndham ...
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Nestle may miss sales goals after Alcon moveDec 30, 2009 10:00 pm - Nestle SA, the food company that plans to divest its stake in eye-care company Alcon Inc., may miss operating margin and sales targets next year after selling its most p...
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Kraft, Cadbury agree on new disclosure deadlineDec 29, 2009 10:00 pm - LONDON -- The U.K. Takeover Panel has extended the deadline to allow British chocolate and candy maker Cadbury PLC to disclose any new information about the bid by Kraft...
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Six Flags creditors demand disclosure by noteholdersDec 28, 2009 10:00 pm - Although creditors of theme-park operator Six Flags Inc. will be voting on a proposed reorganization plan, the creditors' committee is asking the bankruptcy court to req...