Wheeling Business
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Sears chairman Lampert takes direct stock ownership for likely tax breakJun 07, 2010 11:00 pm - Billionaire Edward Lampert may have found a way to shield himself from millions of dollars in taxes under legislation that would raise levies on profits at private- equi...
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Hyatt plans more investments in developmentsJun 07, 2010 11:00 pm - Hyatt Hotels Corp., the lodging chain controlled by the Pritzker family, plans to put more money into developing properties, President and Chief Executive Officer Mark H...
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Boeing ready to restart assembly of 787 DreamlinersJun 07, 2010 11:00 pm - Boeing Co. received the first completed section for its 23rd 787 Dreamliner and is ready to resume assembling the new composite planes, after halting deliveries more tha...
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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...