Recently added articles from Crain's Chicago Business:
Ex-CEO is back to haunt CME; Careful who you oust: Now with NYSE, McNulty takes aim at key Merc product.
Jun 29, 2009 ... Byline: ANN SAPHIR James McNulty is preparing to storm the futures empire he helped build. As Chicago Mercantile Exchange CEO, Mr. McNulty engineered the company's initial public offering in 2002 and oversaw a doubling of its share price. But one year after the IPO, ...
Datebook.(Calendar)
Jun 22, 2009 ... THIS WEEK JUNE 22: Career Resource Center Inc. presents Reinventing Yourself. 10:15 a.m. Career Resource Center, Grove Cultural Campus, 40 E. Old Mill Road, Suite 105, Lake Forest. Free for first-time attendees; others pay $100. (847) 295-5626. JUNE 23: Chicago ...
Payday payoff; A SWARM OF LOBBYISTS DELIVERS FOR PAYDAY LENDERS IN SPRINGFIELD.
Jun 22, 2009; ... Byline: Greg Hinz In these days when "reform'' supposedly is the mantra in Springfield, business as usual continues, well, as usual. The only thing that's surprising is the sheer audacity of the players. A prime example is what didn't happen late last month on a bill ...
Home vacancies hit post-boom high; Already above national average, local rate grows as foreclosures spread.
Jun 22, 2009; ... Byline: ALBY GALLUN The number of empty houses dotting the local landscape continues to rise as more Chicago-area homeowners lose their properties to foreclosure. The local home vacancy rate hit 3.8% in the first quarter, up from 3.7% in the fourth quarter and 2.7% ...
GAS LEAK; Integrys' industry-leading dividend under pressure as firm seeks a rate hike.(Integrys Energy Group Inc)
Jun 22, 2009; ... Byline: STEVE DANIELS Chicago-based Integrys Energy Group Inc., parent of local natural gas utility Peoples Gas, sports the highest dividend yield in the utility industry, but that rich payout is vulnerable unless Peoples can persuade state utility regulators to give it a hefty ...
Cog Hill Golf & Country Club.(Brief article)
Jun 22, 2009 ... No. 4 Dubsdread Course 12294 Archer Ave. Lemont (866) COG-HILL www.coghillgolf.com Reservations: Accepted 90 days in advance Head pro: Jeff Rimsnider Green fee: $150 Length: 7,616 yards ...
Dubsdread's transformation; Cog Hill classic now a must-visit course.
Jun 22, 2009; ... Byline: H. LEE MURPHY Celebrated golf architect Rees Jones is about to begin his second assignment at Medinah Country Club, toughening up the No. 3 course to make it more tournament-worthy in coming years. He's gotten to know the Chicago golfing community quite well by now. ...
City Council must stand up to mayor on Olympic costs.
Jun 22, 2009 ... It's time the Chicago City Council demanded answers from Mayor Richard M. Daley on the financial risks of hosting the 2016 Olympic Games. Mr. Daley last week confirmed what everyone watching his Olympics pursuit expected: Chicago will sign a standard host-city agreement ...
City launches new push for broadband; Seeks $100 million from feds for wireless network.
Jun 22, 2009; ... Byline: JOHN PLETZ Chicago is angling for about $100 million in federal stimulus money to build a high-speed Internet network that would reach some of the city's poorest neighborhoods. City officials have seized on the stimulus program as a second chance to bring ...
Where's Craig's contract? Pay puzzle at CME; Salary freeze complicates talks for low-paid CEO.
Jun 22, 2009 ... Byline: ANN SAPHIR CME Group Inc. CEO Craig Donohue seems to be due for a big raise, but a pay freeze for rank-and-file employees puts CME in a fix. With total compensation of $3.5 million last year, Mr. Donohue is the lowest-paid U.S. exchange chief, even though his ...
LEGACY ON THE LINE; As Ebony, Jet search for a new voice, Linda Johnson Rice fights to preserve a storied family business.
Jun 22, 2009; ... Byline: EDDIE BAEB AND ANN SAPHIR The January issue of Ebony magazine was a historic one, thanks to an exclusive interview and photo shoot with then President-elect Barack Obama. It became Ebony's all-time biggest seller. Six months later, Ebony owner Johnson ...
Southwest smacks NY fares; Airlines lose, travelers win as competition to LaGuardia heats up.
Jun 22, 2009; ... Byline: JOHN PLETZ United and American are firing back at Southwest Airlines Co. even before the discounter starts service from Chicago to New York, a key business route for the dominant carriers at O'Hare International Airport. Southwest's new service from Midway ...
Correction.(Correction notice)
Jun 22, 2009 ... A June 15 Business of Life story should have cited ...
Credit crisis? Banks don't see one; Despite much talk of a crunch, bankers say they're still lending.
Jun 22, 2009 ... You'd hardly know there was a credit crunch from talking to Chicago-area bankers. The majority say they are making loans and are looking actively for places to extend credit. "Even though there's a belief that banks aren't lending . . . most banks are continuing to lend and ...
On the move.
Jun 22, 2009 ... ARCHITECTURE/ENGINEERING GARY LEE PARTNERS, Chicago: Julie Deignan, 42, to vice-president of business development, from account executive at Office Revolution. FINANCIAL SERVICES ALLSTATE INSURANCE CO., Northbrook: David Schur, 43, to assistant ...
Nursing homes in cross hairs; State budget-cutters aim to save by shifting patients to home care.
Jun 22, 2009; ... Byline: MIKE COLIAS Illinois nursing home operators are fighting a proposal to move thousands of patients out of their facilities in a state cost-cutting move. It's among recommendations made this month by a panel appointed by Gov. Pat Quinn to pinpoint spending cuts ...
WATER DAMAGE; Record rains wash away sales at seasonal businesses.(Chicago Sailing)
Jun 22, 2009; ... Byline: MONEE FIELDS-WHITE Chicago's soggiest spring ever is compounding recessionary woes at local companies that depend on sunny weather. From outdoor cafes to golf courses to garden centers, seasonal businesses are suffering as record rainfall keeps customers ...
Rowe to cut costs as NRG bid flags; Pressure building on Exelon chief to boost hostile offer or give up.
Jun 15, 2009 ... Byline: STEVE DANIELS As Exelon Corp. CEO John Rowe tries to salvage his $6.4-billion hostile takeover bid for NRG Energy Inc., he's preparing for another round of cutbacks at the Chicago-based power company. Mr. Rowe told investors at a meeting in Chicago last week ...
WIND STIMULUS; State hopes federal cash will jump-start windmill manufacturing.
Jun 15, 2009; ... Byline: PAUL MERRION Illinois plans to use federal stimulus money to nurture the wind turbine components business, a growing industry that's attracting many old-line gear makers and metal benders in the Chicago area. An emphasis on manufacturing is one of the Quinn ...
PLASMA ATTACK; Collection consolidation should help Baxter weather weakening prices.
Jun 15, 2009 ... Byline: MIKE COLIAS Weakening prices for the blood substance plasma have hit shares of Baxter International Inc., stirring memories of a decline several years ago that sent the company's stock tumbling. After showing near-immunity to last year's market meltdown, ...