Cook County Business
-
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...
-
Ex-Kmart CEO testifies in federal civil trialMay 26, 2009 11:00 pm - ANN ARBOR, Mich. -- The former head of Kmart Corp., defending himself against the government's claims he covered up the retailer's woeful finances, testified Wednesday t...
-
Hartmarx accepts $85.5 million ' stalking horse' bidMay 22, 2009 11:00 pm - The jobs of roughly 600 workers at Hart Schaffner & Marx's Des Plaines factory aren't secure yet but their prospects look a lot brighter after company leaders chose a bu...
-
Edward Jones holds a grand reopeningMay 22, 2009 11:00 pm - SCHAUMBURG - Stephen D'Alto, who took over an Edward Jones office in September, recently moved his office to 2478 W. Schaumburg Road, Schaumburg. He will hold a grand op...
-
Baxter, Abbott settle Medicaid drug pricing suitsMay 21, 2009 11:00 pm - MONTGOMERY, Ala. -- Six pharmaceutical companies have settled Medicaid drug pricing lawsuits with the state of Alabama for $89 million, the latest in a string of drug fr...
-
Sears shares rise 10 percent after profit reportMay 21, 2009 11:00 pm - Shares of Sears Holdings Corp. soared Friday, a day after the retailer surprised investors by posting a first-quarter profit. The parent of Sears and Kmart stores announ...
-
Palatine man has advised Blackhawks' Wirtzes for 64 years - and countingMay 21, 2009 11:00 pm - Ken Scranton loves nothing more than spending time with "Rocky and the boys." The Wirtzes send a limousine out to Palatine to chauffeur their longtime legal adviser - al...
-
Long Grove business moves down the streetMay 21, 2009 11:00 pm - A popular Long Grove business is expanding and moving to a new location in town. Olive Tap, an olive oil tasting emporium, will soon be located into the remodeled histor...
-
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...
-
Geneva firm expands after success of electronic trading platformMay 21, 2009 11:00 pm - When hedge fund veteran Ronald Santella was tapped last fall as the new chief executive officer at Geneva-based Fox River Execution Technoogy LLC, his mission was to exp...