Tower Lakes Business
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Kraft CEO's compensation rose 38 percent in 2009Mar 29, 2010 11:00 pm - PORTLAND, Ore. -- The CEO of Kraft Foods Inc., Irene Rosenfeld, received compensation valued at $22.1 million in 2009, an increase of 38 percent from 2008, according to ...
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Walgreens gets clearance for Duane Reade acquisitionMar 29, 2010 11:00 pm - Walgreen Co. announced Tuesday that it received regulatory clearance from the U.S. Federal Trade Commission needed to complete the acquisition of Duane Reade Holdings In...
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Thousands of local jobless face loss of benefitsMar 29, 2010 11:00 pm - About 20,000 unemployed people around Illinois - more than half of them from Chicago and the suburbs - could see the end of their extended benefits starting this week. W...
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Abbott: FDA wants more info on CertriadMar 29, 2010 11:00 pm - AstraZeneca Plc and Abbott Laboratories said U.S. regulators requested additional information on their Certriad heart treatment. The drugmakers, in a statement today, di...
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Friends join to form junk-removal businessMar 29, 2010 11:00 pm - Two longtime friends have launched a trash-collecting business just in time for the spring cleaning season. Barrington High School graduate Nick DeGiulio and Corey Heid...
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Callaway loses $246 million patent suitMar 28, 2010 11:00 pm - Callaway Golf Co., the maker of Big Bertha golf clubs, lost a bid for $246 million in patent- infringement damages from Fortune Brands Inc.'s Acushnet unit when a jury d...
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Discover wants piece of China credit marketMar 28, 2010 11:00 pm - The Obama administration is weighing complaints from U.S. companies that China is violating trade rules by shutting them out of its $723 billion payment-processing marke...
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Baxter CEO salary fell to $11.8 million in 2009Mar 26, 2010 11:00 pm - WASHINGTON -- Baxter International Inc. Chairman and Chief Executive Robert Parkinson Jr.'s compensation fell nearly 15 percent last year to $11.8 million, according to ...
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Small businesses see pros, cons of new health care lawMar 24, 2010 11:00 pm - Small businesses will either thrive or struggle to survive under the nation's new health care law. Those two sides of the debate are offered by U.S. Rep. Melissa Bean, a...
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Libertyville job center helping workers survive a layoffMar 24, 2010 11:00 pm - The handful of people who came to Wednesday's unemployment workshop talked about how job loss can cut deeper than just creating financial chaos. They shared stories abo...