McHenry County Business
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Abbott profit little changed as costs offset salesJan 26, 2010 10:00 pm - NEW YORK -- Abbott Laboratories said Wednesday its fourth-quarter profit was flat on higher costs, but sales of the company's diverse mix of drugs, devices and nutrition...
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Ford unsure if laid-off Chicago workers will get jobs backJan 25, 2010 10:00 pm - Ford Motor Co. will bring 1,200 new jobs to Illinois by shifting production of the new Explorer SUV to its Chicago assembly plant, the automaker announced Tuesday. But i...
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Saab owners, employees rally in last-ditch effort to save brandJan 25, 2010 10:00 pm - Chicago area residents who drive, fix and sell Swedish-built Saabs converged Sunday in the parking lot of Swedish-owned home goods retailer IKEA in Schaumburg in a last-...
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Verizon posts 4Q loss on $3 billion in layoff costsJan 25, 2010 10:00 pm - NEW YORK -- Verizon Communications Inc. on Tuesday posted an unusual loss for the fourth quarter, as a charge for layoffs in its shrinking landline business overshadowed...
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General Growth restructures $9.4 billion of mortgagesJan 24, 2010 10:00 pm - General Growth Properties Inc., the second-largest U.S. mall owner, said it restructured 74 secured mortgage loans totaling $9.4 billion, allowing 180 subsidiary debtors...
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FDIC moving to SchaumburgJan 24, 2010 10:00 pm - The Federal Deposit Insurance Corp. (FDIC) has leased 150,700 square feet of office space in Schaumburg, according to ChicagoRealEstateDaily.com. The Web site reports t...
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Temp work on the rise in suburbs, helps workers find the right jobJan 24, 2010 10:00 pm - Married with two young children, Eric Rangel of Hanover Park looked to a temp agency to help him find a job with advancement. More than a year ago, he left behind a few ...
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Report: Ford to add 1,200 jobs in ChicagoJan 24, 2010 10:00 pm - DETROIT -- A person briefed on the matter says Ford Motor Co. will add 1,200 jobs at its Chicago assembly plant to built the new Ford Explorer starting later this year. ...
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Judge upholds Abbott's loss over glucose monitor claimJan 24, 2010 10:00 pm - Abbott Laboratories' loss in its bid to get more than $42 million from Becton, Dickinson & Co. and Nova Biomedical Corp. over a patent-infringement claim was upheld by a...
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Ferrero formally rules out bid for CadburyJan 24, 2010 10:00 pm - LONDON -- Italian confectioner Ferrero International has formally declared that it won't make a takeover bid for Cadbury. That left Northfield-based Kraft Foods with no ...