Island Lake Business
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Motorola to expand Malaysian plantFeb 27, 2008 10:00 pm - Motorola Inc. plans to invest roughly $110 million by expanding a plant and hiring more workers in Penang, Malaysia. The Schaumburg-based communications company organize...
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Kimball Hill leaving Florida, laying off 75Feb 27, 2008 10:00 pm - Kimball Hill Inc. confirmed Wednesday it intends to leave the Florida housing market and cut 75 jobs across the country, including some at its Rolling Meadows headquarte...
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New Nalco CEO eyes overseas growthFeb 27, 2008 10:00 pm - Naperville-based Nalco Holding Co. -- one of the world's oldest and largest water chemical firms -- said Wednesday it hired a new chief executive with an aggressive eye ...
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Tellabs stays in-house with new CEOFeb 26, 2008 10:00 pm - Employees of Tellabs Inc. Tuesday were introduced to their new chief executive officer, this time one of their own. Naperville resident Robert W. Pullen, a 23-year veter...
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Siemens slashes telecom businessFeb 25, 2008 10:00 pm - MUNICH, Germany -- Industrial conglomerate Siemens AG will cut 7,000 jobs from its corporate telecommunications unit, Siemens Enterprise Networks, officials with knowled...
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Homeowners in default make tough callFeb 23, 2008 10:00 pm - Amid the moving boxes, tape and markers, Melanie and Steven Fugate felt they wanted it all or nothing. Then reality set it. They wanted full value of their Carol Stream ...
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Nicor to seek rate increase as profit slipsFeb 22, 2008 10:00 pm - Naperville-based Nicor Inc. said Friday it's planning to file for a delivery rate hike in the coming months after posting lower profits during its fourth quarter. The pa...
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Rebates will boost returns sent to IRSFeb 22, 2008 10:00 pm - The IRS this year could see an additional 25 million returns from special groups of taxpayers who ordinarily don't file. Those people need to file this time to qualify f...
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Governor's business stimulus plan pannedFeb 21, 2008 10:00 pm - Gov. Rod Blagojevich presented his 2009 budget this week seeking a $1.2 billion economic stimulus package for families and businesses. But could it mean pushing more tha...
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Abbott's anti-cholesterol enters the market with bright prospectFeb 19, 2008 10:00 pm - Abbott Laboratories is looking to expand its presence in a growing market for anti-cholesterol drugs, as the ranks of the elderly in the U.S. swell over the next five ye...