Lombard Business
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2009 foreclosure rate bad, but wait until next yearJan 13, 2010 10:00 pm - The foreclosure rate for 2009 kept Illinois in the top 10 of states with a 30 percent increase over 2008 and a whopping 104 percent increase over 2007, according to data...
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Jewel-Osco parent Supervalu returns to 3Q profit on cost controlsJan 11, 2010 10:00 pm - MINNEAPOLIS -- Grocery chain Supervalu Inc. returned to a fiscal third-quarter profit Tuesday on tighter cost controls and stabilizing profit margins as it revamps its s...
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Navistar picked to develop 'Super Truck'Jan 11, 2010 10:00 pm - Warrenville-based Navistar announced it will receive more than $37 million in federal funding to partner with the U.S. Department of Energy to pioneer new fuel efficienc...
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McDonald's promotes U.S. chief to president jobJan 10, 2010 10:00 pm - McDonald's Corp., the world's largest fast-food chain, on Monday said the head of its U.S. operations will become the company's new president and chief operating officer...
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SEC files Ponzi charges against Carol Stream investorJan 08, 2010 10:00 pm - The U.S. Securities and Exchange Commission filed suit in federal district court Friday against Steven Salutric of Carol Stream, accusing him of misappropriating funds f...
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Wheatland Bank sues former CEOJan 06, 2010 10:00 pm - Wheatland Bank in Naperville has sued its former CEO Michael Sykes for allegedly misleading the bank into doing shaky loans and then guiding those customers to another l...
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Pernix acquires Berlin firmJan 06, 2010 10:00 pm - LOMBARD - Pernix Group Inc. an international company specializing in the construction and power generation markets announced that it acquired 54.4 percent of the outstan...
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Naperville aims to run city vehicles on 'gasified' bio-wasteJan 05, 2010 10:00 pm - New technology being developed in Naperville makes it possible to use yard waste to fuel the city's fleet vehicles. U.S. Sen. Dick Durbin came to Packer Engineering Tues...
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Tellabs starts using hydropowerJan 05, 2010 10:00 pm - NAPERVILLE - Starting in early 2010, Tellabs offices in Finland will switch to electricity produced by hydropower. More than 500 employees in all Tellabs locations in Es...
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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...