Schaumburg Business
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Verizon's buyout of 11,000 workers weighs on marginsJul 22, 2010 11:00 pm - NEW YORK -- Verizon Communications Inc. on Friday said it lost $198 million in the second quarter due to a buyout for 11,000 workers. Excluding the severance costs and o...
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Sears plans store at former Great Indoors space in SchaumburgJul 22, 2010 11:00 pm - Schaumburg has one less big box store vacancy, as a Sears Outlet has opened in the former Great Indoors store on Golf Road. The 37,000-square-foot store's grand opening ...
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Sparton gets $1.8 million dealJul 20, 2010 11:00 pm - Schaumburg-based Sparton Corp. Tuesday said that its joint venture, Sonobuoy TechSystems, has been awarded a contract valued about $1.8 million by the Norwegian Defense ...
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Nokia Siemens to pay $1.2 billion for Motorola network unitJul 18, 2010 11:00 pm - Nokia Siemens Networks, the world's second-largest maker of wireless phone systems, said it will pay $1.2 billion to buy wireless network assets from Motorola Inc. to ex...
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Motorola reaches deal over ITT patent suitJul 15, 2010 11:00 pm - ITT Corp., the maker of night-vision goggles for the military, said it reached a settlement of patent-infringement claims it filed against Motorola Inc. over assisted-gl...
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Lake Forest graduate school to relocate, expand in SchaumburgJul 15, 2010 11:00 pm - The Lake Forest Graduate School of Management said Friday it planes to relocate its Schaumburg campus from its current location inside the Motorola Galvin Center, at 129...
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Back-to-school tax holiday stings year-round schoolsJul 14, 2010 11:00 pm - Seana McPherson sees it as yet another price to pay for her kids' unique education. The Mount Prospect mother, who has a third-grader and kindergartner enrolled at Ridge...
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Motorola raised to 'neutral' ahead of Droid X debutJul 13, 2010 11:00 pm - Motorola Inc. was raised to "neutral" from "sell' by MKM Partners, which said the Droid X phone, set to go on sale tomorrow at Verizon Wireless, may help the handset mak...
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Accounting firm earns awardJul 12, 2010 11:00 pm - SCHAUMBURG - Kutchins, Robbins and Diamond Ltd., based at 1101 Perimeter Dr., recently became the first accounting firm in the United States to earn Green Business Leagu...
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Sparton acquires Delphi MedicalJul 12, 2010 11:00 pm - SCHAUMBURG - Sparton Corp., a supplier of complex electronic and electromechanical products, subassemblies and related services to the highly regulated medical, aerospac...