Prospect Heights Business
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Judge: Hartmarx can settle claims against lendersJun 07, 2010 11:00 pm - The bankruptcy judge in Chicago yesterday gave Hartmarx Corp. approval for a settlement with secured lenders that will bring in $750,000 cash while releasing $2.25 milli...
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Boeing to bid for presidential helicopterJun 06, 2010 11:00 pm - Boeing Co. said it will get rights from Finmeccanica SpA unit AgustaWestland on its AW101 medium-lift helicopter to bid for the U.S. presidential fleet program. The lice...
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Judge: Tribune reorg plan can go to creditorsJun 06, 2010 11:00 pm - DOVER, Del. -- A Delaware bankruptcy judge has approved the Tribune Co.'s proposal to begin soliciting support from creditors for its Chapter 11 reorganization plan. The...
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Boeing expects overseas defense sales to rise in AsiaJun 03, 2010 11:00 pm - Boeing Co. expects defense revenue from outside the U.S. to rise to much as 25 percent of all its defense business in five years on demand for fighter jets and helicopte...
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Tishman Speyer restructures debt on Chicago office buildingsJun 03, 2010 11:00 pm - Tishman Speyer Properties LP reached an agreement with its lenders to restructure debt on a group of downtown Chicago office properties that it bought from Blackstone Gr...
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General Growth reports $12 million net loss in AprilJun 03, 2010 11:00 pm - The General Growth Properties Inc. companies in Chapter 11 reported a $12 million net loss in April on total revenue of $205.3 million. Operating income in the month was...
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Better planning key to business success, chamber chief saysJun 03, 2010 11:00 pm - Many Arlington Heights businesses that recently failed, including the Sheraton Chicago Northwest and CoCo Key water park, still would have gone under if the economy were...
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Elk Grove mayor: Tough times will lead to better governmentJun 03, 2010 11:00 pm - "It's tough out there," Elk Grove Village Mayor Craig Johnson said Thursday, making no bones about how the village and its businesses are hurting from the economic downt...
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International Home + Housewares Show to stay in ChicagoJun 03, 2010 11:00 pm - Rosemont-based International Housewares Association said Friday that itˆ is negotiating a long-term agreement with McCormick Place to keep theˆ International Home + Hous...
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Rosemont gets $5 million to boost convention businessJun 02, 2010 11:00 pm - Despite a national downturn in convention business, Rosemont's Donald E. Stephens Convention Center has been holding its own drawing between 50 and 60 shows year round, ...