Northfield Business
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Verizon posts 4Q loss on $3 billion in layoff costsJan 25, 2010 10:00 pm - NEW YORK -- Verizon Communications Inc. on Tuesday posted an unusual loss for the fourth quarter, as a charge for layoffs in its shrinking landline business overshadowed...
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General Growth restructures $9.4 billion of mortgagesJan 24, 2010 10:00 pm - General Growth Properties Inc., the second-largest U.S. mall owner, said it restructured 74 secured mortgage loans totaling $9.4 billion, allowing 180 subsidiary debtors...
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FDIC moving to SchaumburgJan 24, 2010 10:00 pm - The Federal Deposit Insurance Corp. (FDIC) has leased 150,700 square feet of office space in Schaumburg, according to ChicagoRealEstateDaily.com. The Web site reports t...
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Temp work on the rise in suburbs, helps workers find the right jobJan 24, 2010 10:00 pm - Married with two young children, Eric Rangel of Hanover Park looked to a temp agency to help him find a job with advancement. More than a year ago, he left behind a few ...
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Report: Ford to add 1,200 jobs in ChicagoJan 24, 2010 10:00 pm - DETROIT -- A person briefed on the matter says Ford Motor Co. will add 1,200 jobs at its Chicago assembly plant to built the new Ford Explorer starting later this year. ...
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Ferrero formally rules out bid for CadburyJan 24, 2010 10:00 pm - LONDON -- Italian confectioner Ferrero International has formally declared that it won't make a takeover bid for Cadbury. That left Northfield-based Kraft Foods with no ...
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New Libertyville shopping center coming, with a side of burgersJan 24, 2010 10:00 pm - One of the few new retail centers being built in the Lake County area is progressing in Libertyville, with an early summer opening planned. And when the neighborhood cen...
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EU unhappy with WTO ruling on BoeingJan 24, 2010 10:00 pm - BRUSSELS -- The European Union is complaining that a 10-month gap between separate World Trade Organization rulings over government subsidies to airplane manufacturers B...
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Glenview-based Mead Johnson -- don't touch 'emJan 24, 2010 10:00 pm - Don't buy Cablevision Systems Corp. Stay away from Moody's Corp. and Dish Network Corp. Avoid Qwest Communications International Inc. and Mead Johnson Nutrition Co. Be l...
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Michaels to debut new Schaumburg storeJan 24, 2010 10:00 pm - Arts and crafts giant Michaels announced the grand opening of its newest store at 1420 E. Golf Road in Schaumburg. The new store, featuring the company's new design, wi...