Prospect Heights Business
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Hartmarx settles with lenders for $750,000 cashJun 02, 2010 11:00 pm - The remainder of Hartmarx Corp. negotiated a settlement with secured lenders that will bring in $750,000 cash while releasing $2.25 million being held aside for professi...
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General Growth: 13 properties may be turned over to lendersJun 02, 2010 11:00 pm - General Growth Properties Inc., the second-largest mall owner in the U.S., said it's identified 13 "underperforming" retail properties that may be turned over to lenders...
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Smurfit-Stone reports $62.9 million net lossJun 01, 2010 11:00 pm - Smurfit-Stone Container Corp., a corrugated container and containerboard maker, reported a $62.9 million net loss in April on sales of $512 million. The operating loss f...
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US Air, United lead carriers higher on continental revenueJun 01, 2010 11:00 pm - US Airways Group Inc. and United Airlines parent UAL Corp. rose, pushing an industry index to a six-week high, after Continental Airlines Inc. beat analysts' estimates f...
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Visteon rejects $1.2 billion Johnson Controls offerJun 01, 2010 11:00 pm - Auto-parts maker Visteon Corp. rejected the unsolicited offer from Johnson Controls Inc. to buy the interiors and electronics business for $1.25 billion. In a statement ...
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Problems getting paid a common workplace problem, report saysMay 31, 2010 11:00 pm - A recent University of Illinois at Chicago study reports Chicago area workers lose $7.3 million per week in unpaid wages. The study, "Unregulated Work in Chicago: The Br...
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Duraco workers on quest to recover money after factory closingMay 31, 2010 11:00 pm - A giant photocopied bounced check hanging on the wall at the Rolling Meadows' office of the Chicago Workers Collaborative serves as a frustrating reminder for Kim Cambra...
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Motorola's Brown to get $8.3 million in stock if company splitsMay 28, 2010 11:00 pm - Motorola Inc., the mobile-phone maker planning to split into two companies next year, more than doubled the value of stock options co-Chief Executive Officer Greg Brown ...
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Noxzema unveils new productsMay 28, 2010 11:00 pm - Melrose Park-based Alberto Culver's Noxzema brand is back with new products, updated packaging and the same formulations. Invented in 1914 as a skin care staple, Noxzema...
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Chicago index shows business growth eighth monthMay 28, 2010 11:00 pm - Business activity in the U.S. expanded in May for an eighth straight month, a sign manufacturing has yet to be affected by the turmoil in financial markets. The Institut...