Lake Forest Business
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Tenneco drops to B+ on S&P scaleJan 13, 2009 10:00 pm - Tenneco Inc. was another giant auto-parts maker Standard & Poor's was forced to downgrade given the decline in auto sales. The corporate peg is at B+ after yesterday's o...
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Tenneco gets credit rating cut by S&PJan 12, 2009 10:00 pm - Tenneco Inc., the world's largest maker of vehicle exhaust systems, had its credit rating cut one grade by Standard & Poor's and plans to curb restructuring expenses by ...
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Aon unit fined $7.9 mil over suspect paymentsJan 07, 2009 10:00 pm - A U.K. unit of Aon Corp., the world's largest insurance broker, received a record 5.25 million pound ($7.9 million) fine from Britain's Financial Services Authority for ...
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Pitching Michelle ObamaJan 06, 2009 10:00 pm - Kathryn Kerrigan, a 28-year-old Libertyville shoe designer, is hoping her pumps make it to the White House. The entrepreneurial marketing teacher at Loyola University h...
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Brunswick to idle Sea Ray boat plant, cut jobsJan 05, 2009 10:00 pm - KNOXVILLE, Tenn. -- Lake Forest-based boat maker Brunswick Corp. says it will idle one of its Sea Ray boat plants near Knoxville and eliminate jobs as part of an effort ...
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Gov't: Deerfield couple scammed Best Buy out of at least $31 milDec 28, 2008 10:00 pm - ST. PAUL, Minn. -- The federal government says a kickback scheme that may have cost Best Buy. Co. at least $31 million yielded money that a couple used to buy real estat...
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In hard times, workers have few legal protections over losing jobDec 08, 2008 10:00 pm - As more Americans lose their jobs, worker advocate Lou Maltby is happy to talk about employee rights, but he warns that it's a short conversation. Workers in the United ...
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Chicago region has major stake in auto bailoutDec 05, 2008 10:00 pm - Despite the general downward trend in employment, a few industries are still hiring in the Chicago area despite the recession and record job layoffs, said John Challenge...
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Aon ordered to pay $24 million for misrepresenting risksDec 04, 2008 10:00 pm - A unit of Aon Corp., the world's largest insurance broker, was ordered to pay $24 million to United National Insurance Company for misrepresenting reinsurance risks. Aon...
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Delinquent taxes draw investorsDec 02, 2008 10:00 pm - Except for the occasional thump of fingers pounding keyboards with simultaneous bids, rows of investors Tuesday were silent, intent and on task. Participants in Lake Cou...