NEW YORK (AP) _ U.S. stocks headed for a higher open Tuesday as oil fell by almost $7 a barrel after it appeared that the Gulf Coast and its oil facilities were spared heavy damage from Hurricane Gustav.
Labor Day recently passed. That means you may have received a shared photo album from a friend or relative. You know the type: It’s usually dozens (or hundreds) of shots of vacation fun.But you’re not into it. Now, it’s not that you don’t care; It’s fun to peek in and see what happened. But who wants to sort through a glut of 200 photos of someone else’s vacation (or baby photos or whatever)? What actually happens: You wind up deleting the email with the link and don’t even bother seeing any of t
Top Citadel Investment Group executive Joe Russell, a key architect of the hedge fund's investments in E-Trade Financial Corp. and hedge fund Sowood Capital, has resigned from the firm, according to people familiar with the matter.
Rate a 5-year high The nation's unemployment rate zoomed to a five-year high of 6.1 percent in August as employers slashed 84,000 jobs, dramatic proof of the mounting damage a deeply troubled economy is inflicting on workers and businesses alike.
SEOUL, South Korea (AP) _ Samsung Electronics Co. is pursuing an acquisition of U.S. computer memory card maker SanDisk Corp., a South Korean online business newspaper reported Friday.
Jones Day v. BlockShopper.com, No. 08 C 4572, Order (N.D. Ill. Aug. 18, 2008) (Darrah, J.).*Judge Darrah entered the parties stipulated temporary restraining order ("TRO"). Plaintiff Jones Day sued defendants, BlockShopper.com and two individuals allegedly associated with the website, for allegedly using plaintiff’s service marks and linking to plaintiff’s website in at least two articles that discuss Chicago real estate transactions of plaintiff’s associates. Plaintiff claimed service mark infr
S o I tuned in to the Republican National Convention the other night to size up Alaska Gov. Sarah Palin and enjoy the political theater, and you can imagine my surprise to find out she and Sen. John McCain are campaigning against Barack Obama , Joe Biden and … me.
In an ongoing effort to revitalize its Midwest flagship store, Macy's on State Street is moving men's accessories and dress shirts to the first-floor arcade space, marking the first time in more than five years that the expansive corner will house a permanent department.
Zimmer Holdings Inc., maker of replacement hips and knees, has agreed to buy Abbott Laboratories' spine division for about $360 million in cash.
Wall Street slid for a second straight session Friday on news that the economy shed jobs for the eighth straight month in August and at a faster-than-expected pace.
Robert Feder: I don't care what Mike North, Pat Cassidy or my other friends in the media say. In this case, they're all wrong. North and Cassidy, who both left morning jobs at CBS Radio stations in recent weeks, have turned up in other newspapers talking about "non-compete clauses" in their old contracts and how they've restricted their freedom to get back on the air.
Ford's Chicago work force will shrink this fall when the beleaguered automaker moves to one shift at its Chicago assembly plant. A minimum of 600 part-time positions at the Southeast Side plant will vanish, but Ford is warning workers that an as-yet-unspecified number of hourly and salaried employees will also lose their jobs.
Lewis Lazare: Harris Bank, one of Chicago's venerable financial institutions, is adding to its advertising arsenal of print, outdoor and online work a series of three television spots from Element 79/Chicago that will debut during the Bears/Colts telecast Sunday.
Rates on 30-year mortgages fell for a third straight week, dropping to the lowest level since mid-July.
Margaret Henningsen was 50 years old when she decided to team with two other black women in their 50s to start a bank to serve underserved minority- and woman-owned companies and consumers. The trio succeeded in raising $7.5 million in start-up capital from 63 investors. Today, their Milwaukee-based Legacy Bank has more than $209 million in assets, Henningsen told attendees at the Entrepreneurial Woman's Conference forum here Thursday.
SEATTLE---- Representatives from Boeing Co. and the machinists union met with a federal mediator Thursday as the clock ticked on an unusual two-day contract extension after union production workers soundly rejected a contract offer and voted to strike.
Chicago Tribune readers accustomed to stand-alone news sections could see drastic changes when the paper introduces its redesign in a few weeks. Sources said the space devoted to news will be significantly reduced, with the paper's front section including national and international news, the local and business reports and the editorial page.
The publisher of Ebony and Jet magazines has stepped down.