Park Ridge Business
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Methode to lay off 125 area plant workersJan 24, 2008 10:00 pm - Methode Electronics Inc. said Thursday it will stop making one of its oldest products -- the simple plug-in connector with tiny prongs that mates with another connector ...
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Area banks suffer along with credit industryJan 23, 2008 10:00 pm - Shares of two suburban community banks rallied Wednesday despite differing financial performance in the fourth quarter. Wintrust Financial Corp. shares increased 6 perce...
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Former Lucent building gains tenantJan 23, 2008 10:00 pm - Chicago-based Health Care Service Corp. said Wednesday it has signed a 15-year lease for one of its businesses to move into the Naperville office center formerly occupie...
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Motorola stock sinks on profit warningJan 23, 2008 10:00 pm - Schaumburg-based Motorola Inc. said Wednesday its fourth-quarter profits plunged 84 percent and next quarter could be worse, news that sent its stock into a free fall. M...
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Pessimism will pass by mid-year, economist tells local businessmenJan 22, 2008 10:00 pm - Likening the last financial year to an "unbelievable roller coaster ride," economist Robert Genetski addressed several hundred people this morning at an annual economic ...
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What the rate cut means for borrowersJan 22, 2008 10:00 pm - The Federal Reserve's three-quarter percentage point cut in a key interest rate Tuesday was designed to make borrowing cheaper for individuals and corporations, and thus...
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Seniors are using Web to manage their moneyJan 19, 2008 10:00 pm - Are you finding yourself going to more Web sites of financial institutes? Young or old, you're looking to improve your pocketbook with some quick clicks online. A survey...
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BP to sell three area gas stations, storesJan 18, 2008 10:00 pm - The Realtor representing restructuring oil giant BP said Friday it aims to get offers on 56 retail gas station sites nationwide, including some locally, by March 6. Sale...
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Homebuyers can prepare for the worstJan 16, 2008 10:00 pm - A Kimball Hill bankruptcy -- and the company has not said it is planning to do that -- could spell trouble for buyers or owners of the builder's homes. Wheeling attorney...
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Online tickets site sells itselfJan 15, 2008 10:00 pm - Rolling Meadows-based TicketsNow.com -- a ticket reseller that grew out of a one-bedroom apartment in Crystal Lake -- was acquired Tuesday by Ticketmaster for about $265...