Riverwoods Business
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Discover CEO says card reform brings higher fees, fewer perksJun 18, 2009 11:00 pm - Discover Financial Services Chief Executive Officer David Nelms said new U.S. safeguards for credit-card holders will mean higher interest rates, more fees and fewer loa...
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Discover Financial profit advances on antitrust suit paymentJun 17, 2009 11:00 pm - CHARLOTTE, N.C. -- Discover Financial Services said Thursday it managed to remain profitable during its fiscal second quarter, thanks to a payment from a lawsuit settlem...
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Pizza chain headquarters could come to Prospect HeightsJun 11, 2009 11:00 pm - The corporate headquarters for a growing national pizza chain could come to Prospect Heights if the project receives city approval Monday. Sarpino's Pizzeria, currently ...
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Discover expects to keep cash rewards, CEO saysMay 26, 2009 11:00 pm - Discover Financial Services expects to keep its cash rewards program, said Chairman and Chief Executive Officer David Nelms, breaking with the industry's contention that...
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Discover may face downgrade on new credit card lawMay 21, 2009 11:00 pm - American Express Co., Discover Financial Services and Capital One Financial Corp. may face ratings downgrades after new U.S. credit-card regulations reduce profits for t...
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About 1,500 jobs being cut around IllinoisMay 06, 2009 11:00 pm - About a dozen companies around Illinois are laying off about 1,500 workers - including 800 in the suburbs - now through July mostly because of the recession, according t...
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Williams-Sonoma 4Q profit falls 90 percentMar 23, 2009 11:00 pm - SAN FRANCISCO -- Williams-Sonoma says its fourth-quarter profit fell 90 percent as it closed underperforming stores and laid off workers amid the recession. The San Fran...
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Discover falls after profit decline, dividend cutMar 19, 2009 11:00 pm - Discover Financial Services, the Riverwoods-based credit-card company, fell in New York trading after posting a profit decline and saying it would cut the dividend to 2 ...
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Discover remains profitable in 1st-quarterMar 18, 2009 11:00 pm - CHARLOTTE, N.C. -- Discover Financial Services said Thursday it managed to remain profitable during its fiscal first quarter, thanks to a payment from a lawsuit settleme...
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Discover gets $1.2 billion in TARP moneyMar 15, 2009 11:00 pm - Discover Financial Services, the Riverwoods-based credit-card company whose stock fell 60 percent in the past 12 months, got about $1.2 billion in cash from the Treasury...