Cook County Business
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General Growth continues refinancing mallsApr 27, 2010 11:00 pm - Shopping-center owner General Growth Properties Inc. has begun the process of confirming Chapter 11 plans for two malls in Las Vegas by restructuring $896 million in mo...
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United, Continental closer to merger dealApr 27, 2010 11:00 pm - UAL Corp.'s United Airlines and Continental Airlines Inc. have moved closer to solving differences in valuing their merger, paving the way for a deal as early as next we...
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Allstate to raise rates 8.2% on homeowner insuranceApr 27, 2010 11:00 pm - Allstate Corp. will implement an 8.2 percent rate increase on homeowner insurance policies this summer. Beginning July 5, when customers renew their policies, they will ...
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Equity borrowing capacity declining with home valuesApr 27, 2010 11:00 pm - About 6,000 homeowners received a letter recently from First American Bank in Elk Grove Village that said their home equity lines of credit would be reduced because thei...
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Republican lawmaker wants Broadway Bank answersApr 27, 2010 11:00 pm - The top Republican on the U.S. House Committee on Oversight and Government Reform is demanding answers about the collapse of Chicago's Broadway Bank. California Rep. Dar...
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Android group shows cracks as partners like Moto seek alternativesApr 27, 2010 11:00 pm - Google Inc.'s mobile-phone alliance is showing signs of strain. After Verizon Wireless scrapped plans to offer Google's Nexus One handset this week, Motorola Inc. said i...
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Comcast 1Q profit up 12 percent, advertising reboundsApr 27, 2010 11:00 pm - PHILADELPHIA -- Consumers signing up for digital cable TV and high-speed Internet services led to a 12 percent increase in first-quarter profit for Comcast Corp. The com...
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CBOT commodities trader faces wire fraud, other chargesApr 27, 2010 11:00 pm - Federal prosecutors say a commodities trader ran up more than $141 million in losses through the Chicago Board of Trade through unauthorized buying and selling of wheat ...
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General Growth hearing delayed amid competing bidsApr 25, 2010 11:00 pm - General Growth Properties Inc., the second-biggest U.S. mall owner, said a bankruptcy court hearing on its auction process will be delayed five days to give the company ...
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United, Continental 'haggling' over value in proposed mergerApr 25, 2010 11:00 pm - UAL Corp.'s United Airlines and Continental Airlines Inc. are at odds over how to value their planned no-premium stock merger, with negotiations focused on what time per...