Prospect Heights Business
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Motorola to keep set-top box and phone units togetherJul 29, 2010 11:00 pm - Motorola Inc. said it plans to keep its mobile phone and set-top box unit together to develop more products that harness both technologies. "That's absolutely the plan,"...
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Hoffman Estates shopping center soldJul 29, 2010 11:00 pm - The Hoffman Village Shopping Center in Hoffman Estates has been sold to RMS Properties, a privately held Schaumburg investor. The shopping center on the southeast corner...
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Nuveen plans to acquire U.S. Bancorp's FAF FundJul 29, 2010 11:00 pm - Nuveen Investments Inc., the asset manager owned by Madison Dearborn Partners LLC, agreed to buy the stock and bond funds of U.S. Bancorp's FAF Advisors unit for $80 mil...
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Equity Residential: Quarterly revenue downJul 28, 2010 11:00 pm - Equity Residential, the largest publicly traded U.S. apartment landlord, said quarterly earnings excluding items were little changed as revenue fell at properties the co...
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Motorola 2Q earnings rise, beat expectationsJul 28, 2010 11:00 pm - NEW YORK -- Motorola Inc. on Thursday reported a sharply higher profit for the second quarter and stabilized its long revenue decline as its strategy of focusing on smar...
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Elgin OKs breaks for Siemens plant expansionJul 28, 2010 11:00 pm - Elgin leaders this week gave the thumbs-up to waiving $53,720 in development impact fees so the Siemens plant at 950 Tollgate Road can expand by 28,000 square feet. The ...
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Hilton makes $15 million in upgrades to Rosemont hotelJul 28, 2010 11:00 pm - Hilton Hotels announced that it has renamed the Rosemont Hotel at O'Hare as Hilton Rosemont/Chicago O'Hare. More than $15 million has been invested in renovations to the...
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Lake Forest Graduate School to move out of Motorola buildingJul 28, 2010 11:00 pm - The Schaumburg Campus for Lake Forest Graduate School is expanding to a new Schaumburg location. After operating for 22 years inside the Motorola Galvin Center on Algon...
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Mount Prospect business finds church garden fertile testing groundJul 27, 2010 11:00 pm - Two years ago Bill and Matt Petersen borrowed the South Church's garden to see if their new solar powered irrigation system could sustain 20 rows of vegetables. "It spok...
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Net income at Jewel-parent Supervalu falls 40 percentJul 26, 2010 11:00 pm - EDEN PRAIRIE, Minn. -- Supervalu Inc.'s first-quarter net income fell 40 percent as rising competition cut into the grocery chain's sales. The operator of Albertsons and...