Medinah Business
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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...
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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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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 ...