Mount Prospect Business
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Tribune cuts back bonusesJul 25, 2010 11:00 pm - Pressure from creditors and unions has prompted bankrupt Tribune Co. to cut back on the bonuses it would pay under a proposed management incentive plan. In a filing in U...
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UAE: BlackBerry, smartphones are security threatJul 25, 2010 11:00 pm - DUBAI, United Arab Emirates -- Emirati officials have declared BlackBerry smartphones a potential threat to national security because users' data is stored overseas, whe...
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Lender fighting InterContinental Chicago Hotel saleJul 25, 2010 11:00 pm - River Road Hotel Partners LLC, the owner of the InterContinental Chicago O'Hare hotel near Chicago's largest airport, is scheduled for an Aug. 23 hearing on a motion for...
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Parts of Tribune Co. report will be secretJul 25, 2010 11:00 pm - Although the examiner for newspaper publisher Tribune Co. will file his report today on the $13.8 billion leveraged buyout in 2007 by Sam Zell, parts of the report won't...
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General Growth names Douglas new finance chiefJul 25, 2010 11:00 pm - General Growth Properties Inc., the second-largest U.S. mall operator, appointed Steven J. Douglas as executive vice president and chief financial officer, effective imm...
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Delta's new Chicago shuttle targets UAL, AMRJul 25, 2010 11:00 pm - For New York business travelers bound for Chicago, there's a new shuttle in town. Opening another front in the competition for high-fare corporate passengers, Delta Air ...
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Company could bring jobs, revenue to CarpentersvilleJul 23, 2010 11:00 pm - The potential relocation of a commercial business to Carpentersville could inject new life into an industrial park on the village's west side. Village trustees this wee...
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Obama to visit Chicago Ford plant Aug. 5Jul 22, 2010 11:00 pm - WASHINGTON -- President Barack Obama will visit U.S. auto plants in Michigan and Illinois next week to highlight his administration's decision to rescue General Motors a...
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Verizon's buyout of 11,000 workers weighs on marginsJul 22, 2010 11:00 pm - NEW YORK -- Verizon Communications Inc. on Friday said it lost $198 million in the second quarter due to a buyout for 11,000 workers. Excluding the severance costs and o...
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General Growth to arbitrate Hughes investorsJul 22, 2010 11:00 pm - General Growth Properties Inc. was rebuffed yesterday by the bankruptcy judge, who ruled that an arbitration panel could decide the basis for the claim that former inves...