CHICAGO – Since taking control of the Chicago-based Tribune Co., chairman Sam Zell has made quick work of restructuring his new acquisition. The question now is how Zell will manage the sale of various Tribune Co. assets. If chooses to make the dime his only concern, will the resulting financial stability of Tribune Co. be worth it all?
INDIANAPOLIS – A cure for cancer, a solution to rising fuel prices or a new generation of super-strong materials coming out of Indiana? This and much more possibly lies more...
GLENVIEW, Ill. – Illinois Tool Works will pay $2.1 billion to acquire British food equipment manufacturer Enodis as a way to further broaden its diverse holdings.
ST. PAUL, Minn. – Minnesota Gov. Tim Pawlenty on Thursday signed a $38 million compensation package to help victims of the 2007 Minneapolis bridge collapse.
BLUE ISLAND, Ill. – St. Francis Hospital & Health Center and MSMC Investors signed an agreement on Thursday to transfer control of the hospital to MSMC Investors.
CHICAGO – There’s a fire sale going on now in the U.S. As I sit here in New York while attending the NanoBusiness Alliance nanotech conference, the city is mobbed with more...
OVERLAND PARK, Kan. – Clearwire Corp. and Sprint Nextel Corp. will combine their wireless broadband networks to create a $14.55 billion communications company.
SCHAUMBURG, Ill. – Billionaire investor Carl Icahn has raised his stake in Motorola to 7.6 percent from 6.4 percent, according to a Wednesday filing with the SEC.
MINNEAPOLIS – Medtronic in Minneapolis said on Tuesday it will cut 350 jobs in Minnesota. This move is part of a larger, 1,100-job layoff at sites around the globe.
CHICAGO – Echo Global Logistics is taking pages from corporate cousin InnerWorkings with its own IPO. The founders and investors of both companies have funded MediaBank more...
CHICAGO – After shopping for a new address, BP has chosen the Chicago Mercantile Exchange complex at 10 and 30 S. Wacker as the new home for various operations.
CHICAGO – Millions in unpaid bills have brought the Museum of Broadcast Communications in Chicago a foreclosure lawsuit. Its founder does not dispute the money is owed.
WARRENVILLE, Ill. – Navistar Defense, which is an affiliate of Navistar International Corp., said on Tuesday it has received a $1.3 billion contract from the U.S. Army.
CHICAGO – The 2007 buyout of Chicago-based LaSalle Bank will become all the more visible on Monday as the familiar green and yellow signs come down and are replaced more...
CHICAGO – Merger talks between United Airlines parent UAL Corp. and U.S. Airways have intensified, according to a Wall Street Journal report on Monday.
CHICAGO – Boeing in Chicago announced on Monday it has secured a $2.2 billion sales contract with the government of Iraq to deliver 30 single-aisle 737-800 jets.
CHICAGO – This week in Chicago business saw a series of major buyouts as the city once again handed over control of some of its most promising brands. What happens when more...
CHICAGO – In this podcast, Adam Fendelman and Brad Spirrison discuss the reverse “Field of Dreams” story and exit for two Chicago 20-somethings with FastServers.Net.
INDIANAPOLIS – Two years ago, Indiana scientists and engineers called for a new energy-development focus exceeding the intensity of NASA’s Apollo mission. In less than more...
CHICAGO – Merger situations can present veritable minefields for managers who work for the company that’s acquired. You should look to the future and not the past.
Attention, Earthlings: A Spring n-Counter Had Professionals Landing at the W CHICAGO – On April 24, 2008, Business Network Chicago welcomed a wide array of Chicago professionals to the Spring n-Counter. This evening at the W Hotel in downtown Chicago gave individuals from all facets of business an opportunity to network with class. The evening drew people from Chicago in marketing, IT and many other segments and allowed them to make connections, promote and share their enthusiasm for business and technology in the Windy City.
4/29/2008 4:20:00 PM