Northbrook Business
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United to take on $500 mil in new debtDec 29, 2009 10:00 pm - United Airlines, a unit of UAL Corp., plans to sell $500 million of senior secured notes due in 2013. The debt will be secured by routes, takeoff and landing slots, and ...
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Businesses expanded most since 2006, Chicago Index showsDec 29, 2009 10:00 pm - Companies in the U.S. expanded in December at the fastest pace in almost four years, signaling the economic recovery is gaining speed heading into 2010. The Institute fo...
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Insurers benefited from investments, weather, Moody's saysDec 28, 2009 10:00 pm - U.S. property and casualty insurers, a group including Travelers Cos. and Northbrook-based Allstate Corp., benefited this year from gains in the value of some holdings a...
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Home prices fall in Chicago despite gains nationwideDec 28, 2009 10:00 pm - NEW YORK -- Home prices rose for the fifth month in a row in October, but the recovery continues to be uneven with only 11 of the 20 metro areas tracked showing gains. T...
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Midway wants control of Chapter 11 liquidationDec 28, 2009 10:00 pm - Midway Games Inc., the creator of "Mortal Kombat" and other video games, for a fifth time is requesting an extension of the exclusive right to propose a liquidating Chap...
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Macquarie to buy Integrys' power-trading portfolioDec 27, 2009 10:00 pm - Macquarie Group Ltd., Australia's biggest investment bank, agreed to buy the North American power- trading portfolio of Integrys Energy Group Inc. The purchase, which is...
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Market rally ignored most profitable, stable companiesDec 27, 2009 10:00 pm - Brown-Forman Corp.'s Paul Varga and Johnson & Johnson's William Weldon are among chief executive officers left behind in the 2009 stock-market rebound even after they cr...
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Google Android may have 150,000 apps by next year's endDec 23, 2009 10:00 pm - Google Inc.'s Android mobile software may offer as many as 150,000 applications by the end of 2010, as the company chases Apple Inc. for downloads, according to a mobile...
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General Growth has deals to restructure $11.6 billion of debtDec 22, 2009 10:00 pm - General Growth Properties Inc., the second-largest U.S. mall owner, has won approval from creditors and a federal court to restructure loans totaling $11.6 billion, acco...
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Local home sales soar, up for third straight monthDec 22, 2009 10:00 pm - WASHINGTON - Extraordinary government efforts to stabilize the housing market are paying off. What happens when the help runs out is anyone's guess. Sales of previously ...