Business News Archive
| Toyota to recall 400,000 cars Thursday, July 29, 2010 The Avalon model has a steering problem |
| Ameren announces hardship assistance Wednesday, July 28, 2010 Not-for-profits and small, independent businesses of 50 or fewer employees are eligible for hardship assistance with utility bills through a program announced Thursday by Ameren Illinois |
| Titan International announces financial results from second quarter Wednesday, July 28, 2010 Sales for second quarter 2010 were $229.7 million, an increase of 11 percent compared to the second quarter of 2009 |
| Corn Products International posts higher 2Q profit Tuesday, July 27, 2010 The company expects a full-year profit of $2.55 to $2.75 per share, compared with its earlier estimate of $2.25 to $2.60 a share |
| Heyward heading out as BP boss Monday, July 26, 2010 Bob Dudley would be the first American to run the company |
| Midwestern winemakers look for respect Monday, July 26, 2010 "The quality of (regional) wine is a lot better than almost 10 years ago," said Steve Tindle, wine and spirits director of a Chicago restaurant |
| United-Continental Airlines leadership to be set soon Sunday, July 25, 2010 The two companies are working on a new leadership team for the combined company, which will be based in Chicago |
| Local unemployment spikes in June Friday, July 23, 2010 Rate remains higher than 2009 and spikes back up from May, Adams County still about 3,000 jobs short from where it was five years ago |
| Director of Alumni Services named at Hannibal-LaGrange Saturday, July 24, 2010 |
| Gardner Denver posts 2Q results Friday, July 23, 2010 Revenues up 3 percent from 2009 |
| Study says state's small businesses may be eligible for health care tax credit Thursday, July 22, 2010 About 79% of the state’s businesses that employ fewer than 25 workers, or 159,900 companies, are eligible for a tax credit of up to 35% of their employees’ premiums |
| Unemployment rate rises in Illinois, falls in 39 other states Wednesday, July 21, 2010 The unemployment rate fell in most states in June, mainly because more people gave up searching for work and were no longer counted |
| United sees reaping $1 billion a year by expanding baggage fees Wednesday, July 21, 2010 Fees only are charged to economy-class passengers on domestic flights |
| Music studio to open in Downtown Quincy Monday, July 19, 2010 Center Stage Music will offer lessons beginning in September |
| Farmers Markets can now accept Illinois LINK cards Monday, July 19, 2010 Quinn signs law to help farmers with electronic equipment needed to use state assistance |
| Titan Tire announces purchase of Denman Tire Machiner Saturday, July 17, 2010 The sale price, which didn't include land or buildings, was $3 million |
| U.S. Senate approves $6.27 million for Illinois agri-business Friday, July 16, 2010 Funding is intended to pay for research on crop yields, livestock productivity and veterinary medicine |
| State giving $2 million to Pike Co. company to process Asian Carp Thursday, July 15, 2010 Under the agreement, Big River will use its fishery in Pearl to process, package and ship carp to Zhuochen for resale |
| Lottery sells $100 million more in tickets over last year Wednesday, July 14, 2010 Almost half of the increase came from the new Powerball game in Illinois, which made $43 million in its first year |
| Mercantile Bancorp announces workforce reduction Monday, July 12, 2010 25 employees affected, nearly 9 percent of company's workforce |
| Titan Wheel has new president Monday, July 12, 2010 David Salen takes over Quincy operations, Ron Schildt moves to Titan International corporate |
| Quinn, Brady focus on economy Monday, July 12, 2010 As Illinoisans try to manage their own finances -- worried about getting jobs, keeping the ones they have, or paying bills despite not getting raises -- the state's economy is shaping up as a key issue in the race for governor |
| Toyota lashed out at prof during big recall Sunday, July 11, 2010 SIU's David Gilbert sought to show that electronics might be to blame for the problem in Toyotas - the world's largest automaker tried to cast doubt on his findings |
| Motorola, others sued by patent holder over e-mail Saturday, July 10, 2010 Patent company NTP Inc. is suing Apple, Google, Microsoft, HTC, Motorola and LG, claiming infringement of the same patents that were at issue in its suit against Research In Motion |
| Quinn signs sales tax holiday into law Wednesday, July 7, 2010 Holiday will run from August 6 to August 15, computers not eligible |
| Illinois state workers to get 14 percent payraises Wednesday, July 7, 2010 More than 40,000 unionized state workers got a pay raise last Thursday |
| Rate hike expected from Postal Service Tuesday, July 6, 2010 Under law, the USPS is limited to increases no more than the rate of inflation. The agency is allowed to seek a larger increase in unusual circumstances |
| Southern Illinois getting $7.4 million for rural broadband Monday, July 5, 2010 A southern Illinois telephone company is to receive $7.4 million in grant and loan money to help expand access to high-speed Internet in the region |
| Weak jobs report points to stagnating economy Saturday, July 3, 2010 In the latest and sharpest sign yet that the economic recovery may be losing momentum, private employers added a meager 83,000 jobs in June and reduced the average work hours and earnings of all employees |
| Gardner Denver acquires German company Friday, July 2, 2010 Company adds to European operations |
| Hare votes for new Wall Street reforms Thursday, July 1, 2010 Republican opponent says Congressman is voting to end bailouts after he voted for them |
| Gulf oil spill may boost ethanol Thursday, July 1, 2010 The ethanol lobby is increasingly making the scene unfolding in the Gulf of Mexico a backdrop for the nation's energy debate |
| New jobless claims rise in sign of weak job market Thursday, July 1, 2010 Initial claims for unemployment benefits rose for the second time in three weeks last week, signaling that layoffs are rising |
| Home prices up in April for first time since September Wednesday, June 30, 2010 The overall price gains highlight the impact of the federal tax credits for homebuyers at the start of the traditionally strong spring selling season |
| IRS issues tanning tax guidelines Tuesday, June 29, 2010 Ten percent tax takes effect Thursday |
| Blessing pledges support to Riverfront Athletic Association Monday, June 28, 2010 Hospital corporation says it is committing 'resources and expertise' to new athletic training endeavor |
| Consumers buying into organic farms Monday, June 28, 2010 It's a small trend in Illinois that reflects the growing interest in organic food consumption |
| Walgreen's rating raised by Moody's after end of CVS spat Sunday, June 27, 2010 The companies patched up their differences and announced a new deal earlier this month |
| State's minimum wage too high, Brady says Saturday, June 26, 2010 GOP governor candidate says Illinois rate should be set at federal level |
| Government lowers growth estimate for 1st quarter Friday, June 25, 2010 The Commerce Department says that gross domestic product rose by 2.7 percent, less than the 3 percent estimate released last month |
| DOT to start $15 million expansion in July Thursday, June 24, 2010 Warehouse expansion could add 20 jobs |
| Census: With jobs scarce, Rust Belt cities decline Wednesday, June 23, 2010 New census estimates for 2009 highlight the continuing effects of the recession on the nation’s cities |
| Cigarette packaging sees 'light' changes Tuesday, June 22, 2010 FDA officials have said the changes are necessary because people mistakenly believe that "light" cigarettes are healthier than others |
| Wal-Mart reveals plan to build dozens of Chicago stores Tuesday, June 22, 2010 The company said the new plan, "the Chicago Community Investment Partnership" will lead to 10,000 Wal-Mart jobs in Chicago and 2,000 unionized construction jobs |
| Corn Products to buy starch business Monday, June 21, 2010 Dutch paintmaker Akzo Nobel NV said Monday it has agreed to sell its starches arm to Westchester-based Corn Products International for around $1.3 billion |
| Caterpillar says North American growth boosted business in May Sunday, June 20, 2010 It was the first time since August 2006 the company has reported year-over-year growth in North America machine sales |
| State sales tax holiday wouldn't apply to everything Saturday, June 19, 2010 What you could buy free of the 5 percent share of sales tax would be limited |
| Blessing-Rieman College of Nursing expanding enrollment Friday, June 18, 2010 Program takes action following cuts at John Wood Community College |
| Illinois adds 16,700 jobs in May Thursday, June 17, 2010 Although much of the growth is attributed to Census 2010 employment, significant job growth continued in several major industry sectors |
| Illinois joins in Google Street View privacy investigation Thursday, June 17, 2010 Madigan announced her office will look into whether Google violated privacy laws when they collected personal information from Illinois resident while they were gathering data for its popular Street View service |
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