Feed aggregator

It's now or never for the last-minute traveler

Daily Herald business - Sat, 06/27/2009 - 00:00
If you've been waiting for the lowest possible airfare for a trip this summer, it may be time to get off the fence.

Legacy.com creates Jackson memorial

Daily Herald business - Sat, 06/27/2009 - 00:00
Legacy.com, a resource for online obituaries and memorials, has created a feature-rich online memorial, with a guest book, for Michael Jackson. Individuals can visit www.legacy.com to find the guest book and share their thoughts and express their condolences.

Honeywell set to acquire RMG

Daily Herald business - Sat, 06/27/2009 - 00:00
Honeywell announced Friday it has signed a $400 million agreement to acquire the RMG Group, a Kassel, Germany.-based global leader in natural gas measuring and control products, services and integrated solutions.

Sony may boost output of Jackson CDs as orders rise

Daily Herald business - Sat, 06/27/2009 - 00:00
Sony Corp., the owner of rights to Michael Jackson's music, said it may boost production of the late pop icon's CDs after receiving "unprecedented" orders.

Jackson may be 'worth more dead than alive'

Daily Herald business - Sat, 06/27/2009 - 00:00
Michael Jackson spent the last years of his life buried in debt. But the King of Pop's death is likely to yield a financial bonanza more lucrative than any comeback tour ever could, as fans snap up his music and memorabilia and perhaps one day get the chance to tour his Neverland home.

Court OKs sale of Hartmarx to U.K. company

Daily Herald business - Sat, 06/27/2009 - 00:00
A British company has won its bid to buy a Chicago-based clothier that made suits for President Barack Obama. The U.S. Bankruptcy Court for the Northern District of Illinois on Friday approved the sale of Hartmarx Corp. to Britain-based Emerisque Brands and SKNL North America BV for $119 million.

Qantas cancels or delays 30 Boeing 787 orders

Daily Herald business - Sat, 06/27/2009 - 00:00
Qantas Airways Ltd. said Friday it has canceled orders for some Boeing 787s and delayed delivery of others as the recession slows air travel and tight credit hampers purchases of new aircraft.

Janesville loses bid to make GM small car

Daily Herald business - Sat, 06/27/2009 - 00:00
General Motors Corp. has confirmed it is bypassing a Janesville, Wis., plant and will use an idled assembly plant in Orion Township, Mich., and a parts stamping facility in Pontiac, Mich., to build small and compact cars, a move expected save 1,400 jobs.

GE's CEO calls for American manufacturing rebirth

Daily Herald business - Sat, 06/27/2009 - 00:00
The United States should aim to have manufacturing jobs comprise at least 20 percent of total employment, about twice what it is now, General Electric Co. Chairman and CEO Jeffrey Immelt said Friday.

Madoff ordered to forfeit over $170 billion

Daily Herald business - Sat, 06/27/2009 - 00:00
A federal judge has ordered disgraced financier Bernard Madoff to forfeit over $170 billion. Prosecutors say U.S. District Judge Denny Chin entered a preliminary order of forfeiture on Friday.

Cities and citizens try to reclaim vacant blocks

Daily Herald business - Sat, 06/27/2009 - 00:00
David Brown Kinloch could have lived elsewhere, but he chose to move into an abandoned home in a distressed Louisville neighborhood that others were leaving in droves.

GE Michigan center to employ 1,200

Daily Herald business - Sat, 06/27/2009 - 00:00
General Electric Co. said Friday it will build a $100 million manufacturing technology center in Michigan that will eventually employ about 1,200 workers.

KB Home reports new home orders up

Daily Herald business - Sat, 06/27/2009 - 00:00
KB Home said Friday its new home orders in the second quarter spiked 59 percent over first-quarter levels, but its financial results still missed Wall Street's estimates.

Regulators shut 2 Ga. banks; 42 failures this year

Daily Herald business - Sat, 06/27/2009 - 00:00
Regulators on Friday shut down two small banks in Georgia, boosting to 42 the number of failures this year of federally insured banks. The Federal Deposit Insurance Corp. was appointed receiver of the failed banks: Community Bank of West Georgia, based in Villa Rica, and Neighborhood Community Bank, located in Newnan.

Few take up McClatchy debt exchange offer

Daily Herald business - Sat, 06/27/2009 - 00:00
The McClatchy Co.'s offer to exchange debt for a fraction of its value met a 9 percent acceptance rate, the newspaper publisher said Friday. The Sacramento-based company had hoped to exchange $1.15 billion in debt for $60 million in cash and $175 million in new notes to reduce its debt load in the face of a severe decline in advertising revenue.

Suburban record store owners remember Jackson

Daily Herald business - Sat, 06/27/2009 - 00:00
At the height of his popularity in the 1980s, no entertainer was as big as Michael Jackson. People danced to his songs at weddings, graduation parties and bar mitzvahs. Kids wore white socks, dark shoes and sparkly gloves.

Man: Pet lemur is just too exotic for LITH

Daily Herald Top 5 - Sat, 06/27/2009 - 00:00
Dogs have long been known as man's best friend. But Lake in the Hills resident Troy Evert is proud to call Ringo, his ringtail lemur, his best friend. Now, Evert says, Lake in the Hills officials have come between that friendship, deeming Ringo, a five-pound primate standing two-feet tall, a wild animal that cannot live in the village.

Police: Batavia catnappping case 'in limbo'

Daily Herald Top 5 - Sat, 06/27/2009 - 00:00
Batavia police say they're still reviewing whether to charge a 45-year-old woman accused of swiping her neighbor's cat and abandoning it in rural Kane County.

Long goodbye for outgoing Dist. 70 chief Friedman

Daily Herald Top 5 - Sat, 06/27/2009 - 00:00
The past week has been a whirlwind of memories and congratulations for Mark Friedman, who on Friday concluded a long run at the helm of Libertyville Elementary District 70.

Track marks 20 years since rebuilt grandstand opened

Daily Herald Top 5 - Sat, 06/27/2009 - 00:00
Amid the rebuilding of Arlington Park racetrack after the 1985 fire that destroyed the grandstand, Richard Duchossois and his daughter, Dayle, grabbed restaurant trays and hiked up a ramp.
Syndicate content