Cook County Business
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Discover CEO's 2008 compensation falls 89 percentMar 01, 2009 10:00 pm - David Nelms, the chairman and chief executive of Riverwoods-based Discover Financial Services, took home 89 percent less in compensation in 2008 than he did the prior ye...
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McDonald's China boss to retireMar 01, 2009 10:00 pm - McDonald's Corp., the world's largest restaurant company, said Jeffrey Schwartz is retiring as head of its operations in China and will be replaced by Kenneth Chan. Chan...
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Anixter looks to pay down short-term debtMar 01, 2009 10:00 pm - Anixter International Inc., the Glenview-based communications-cable maker, plans to sell $200 million of senior notes due 2014. Proceeds from the sale will be used to pa...
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Cabot finished deal in Epoch acquisitionFeb 27, 2009 10:00 pm - AURORA - Cabot Microelectronics Corp., a supplier to the semiconductor industry, announced that it completed the acquisition of Epoch Material Co. for a purchase price o...
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DuPage bureau named as finalistFeb 27, 2009 10:00 pm - OAK BROOK - The DuPage Convention and Visitors Bureau was one of three finalists for the Best Convention and Visitors Bureau award in the 2008 Illinois Meetings + Events...
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Abbott to sell $3 billion of debtFeb 27, 2009 10:00 pm - LIBERTYVILLE TOWNSHIP - Abbott Laboratories, maker of insulin pumps and heart stents to prop open clogged arteries, plans to sell $3 billion of bonds due in 10 and 30 ye...
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Unlike tech bust, this recession is hurting IT pros in all fieldsFeb 26, 2009 10:00 pm - Information Technology professionals faced a tough time earlier this decade when the dot-com bubble burst. Smaller technology companies were folding quickly and global t...
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Insurance firm moves 46 jobsFeb 25, 2009 10:00 pm - SCHAUMBURG - American Family Insurance is relocating 46 jobs from Schaumburg to Peoria as the company combines the two offices. Combining the two claim offices, which wi...
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Sears 4Q profit falls 55 percent on charges, closing 24 storesFeb 25, 2009 10:00 pm - Sears Holdings Corp., the largest U.S. department-store chain, said fourth-quarter profit fell 55 percent after holiday sales plunged and the company wrote down the valu...
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Motorola says it will sell Arlington Heights campusFeb 25, 2009 10:00 pm - Motorola Inc. said Wednesday it plans to put its once-bustling Arlington Heights campus on the block and lease back some buildings. The Schaumburg-based communications c...