Crain's Chicago Business back issues from October 2008:
Male bastions, transformed.(Focus: Enterprising Women)
Oct 06, 2008; ... Byline: Steven R. Strahler Federal Judge Ilana Rovner remembers stopping a civil proceeding in the late 1980s for a brief moment of celebration once she realized each of the four attorneys standing in front of her was a woman. It was another first for the first female ...
For the Record.(Briefs)
Oct 06, 2008 ... Michael Reese Hospital filed for bankruptcy protection, saying in a Chapter 11 petition in federal court in Chicago that it has $50 million to $100 million in debt and assets of $10 million to $50 million. The hospital plans to close by yearend because of financial difficulties and because ...
General counsels abound.(Focus: Enterprising Women)
Oct 06, 2008 ... The choices that sidetrack many women at law firms before they become partner often put them on the fast track inside corporate legal departments. Women hold the general counsel position at more than two dozen local companies-from old Chicago names R. R. Donnelley & Sons Co., ...
Innovation is key to growing beauty brands.(People)
Oct 06, 2008 ... Byline: David Sterrett Job: President U.S., Alberto-Culver Co., since Sept. 15. Vitals: 47 years old; bachelor's degree in economics and history, Cornell University, 1983; MBA, Harvard Graduate School of Business Management, 1989; officer, U.S. Navy, Charleston, S.C., ...
COURTING MARKET WOES; Local attorneys gear up as financial crisis spurs wave of investor lawsuits.(Market in Crisis)
Oct 06, 2008 ... Byline: STEVEN R. STRAHLER First came the financial markets' meltdown. Now, get ready for the lawsuits. Disgruntled investors are taking aim at the likes of Charles Schwab & Co. and Northern Trust Corp., trying to recover losses stemming from soured mortgage ...
United's outlook darkens; Air travel cutbacks may jeopardize recovery.(Market in Crisis)
Oct 06, 2008 ... Byline: JOHN PLETZ United Airlines, not long into a reprieve from record oil prices, faces an economy teetering toward recession. Rising joblessness, slower consumer spending and credit market upheaval bode poorly for travel demand as airlines approach what's ...
Citadel prowls the wreckage; Wall Street rubble holds opportunity for hedge fund.(Markets in Crisis)(Citadel Investment Group L.L.C.)
Oct 06, 2008; ... Byline: ANN SAPHIR Citadel Investment Group LLC is moving to capitalize on financial chaos even as the turmoil batters its main hedge fund business. Despite steep trading losses, Chicago's biggest hedge fund is hiring while rivals slash payroll and expanding while ...
Correction.(Corrections)(Correction notice)
Oct 06, 2008 ... A Sept. 29 story on Westell Technologies should have listed the number of the ...
McDonald's can lead on responsible paper packaging.(Viewpoint essay)
Oct 06, 2008; ... Byline: Andrew Goldberg Andrew Goldberg is director of corporate engagement for the Dogwood Alliance in Asheville, N.C. The facts are staggering: Domestically, 300 pounds of packaging waste are generated per person annually. Containers and packaging equal 32% of the ...
Pay gap persists.(Focus: Enterprising Women)(Brief article)
Oct 06, 2008 ... In a 2006 report, the American College of Healthcare Executives found that female health care executives, on average, earned 18% less than men who had the same levels of education and experience. Women earned an average of $107,800 in 2005, while men earned an average of $131,000. ...
Some new prescriptions.(Focus: Enterprising Women)
Oct 06, 2008; ... Byline: Barbara Kircheimer Ruth Rothstein, 85, has a picture in her home office of former Israeli Prime Minister Golda Meir. Underneath is the caption, "But can she type?'' It's a good reminder of how far Ms. Rothstein has come. When she first applied for an ...
Knowing what to ask of the CFO of the house; Doing the marketing.(Focus: Enterprising Women)
Oct 06, 2008 ... Byline: Steven R. Strahler While working in financial positions for some of America's biggest consumer products companies, Alice Peterson saw firsthand the impact her female colleagues had on marketing and product innovations at PepsiCo Inc., Kraft Foods Inc. and Sears Roebuck & ...
Andersen ceiling-breaker: "You have to do the job before you get there".(Focus: Enterprising Women)(Arthur Andersen L.L.P's Susan Bulkeley Butler)
Oct 06, 2008 ... Arthur Andersen & Co. was set to mail invitations to a luncheon for new managers in 1971 when the firm spotted a problem: Susan Bulkeley Butler was on the list, and the Chicago Club at the time barred women. The lunch was moved to the Chicago Athletic Assn., where women's access was ...
Reschke going for casino license; Would build facility in Country Club Hills.(News)(Prime Group Inc's Michael Reschke)
Oct 06, 2008; ... Byline: BOB TITA With an Oct. 14 deadline approaching, a Chicago developer intends to pursue Illinois' long-dormant 10th casino license for south suburban Country Club Hills. Prime Group Inc. CEO Michael Reschke's application would pit Country Club Hills against Des ...
Alcatel shedding Lisle office campus; Adding two buildings to already laboring market.(News)(Alcatel-Lucent)(Brief article)
Oct 06, 2008; ... Byline: EDDIE BAEB Alcatel-Lucent S.A. is preparing to sell the 1.2-million-square-foot office campus in Lisle that it's vacating, likely worsening the beleaguered office market in the far west suburbs. The Paris-based telecommunications equipment maker is ...
Ratings slam for Fox? MLB postseason full of big-market teams likely to capture viewers, ads.(News)
Oct 06, 2008 ... Byline: JON LAFAYETTE With Major League Baseball's playoffs under way, Fox Sports is aiming for a deeper October run this year. As of last week, the network's advertising sales for the postseason were running about 5% ahead of last year, with about 85% of its ...
Consumer staples provide direction when economy heads south; A conversation with money manager Joshua Kadish.(Markets)(Retirement Planning Group)(Interview)(Brief article)
Oct 06, 2008; ... Byline: Bruce Blythe Joshua Kadish, 38, wealth manager, Retirement Planning Group, Northbrook Experience: 14 years Assets under management: $100 million CRAIN'S: You expect U.S. interest rates to rise further. Why? MR. Kadish: In the ...
Stress test; Mounting recession fears raise doubts that McDonald's can sustain sales growth.(Markets)
Oct 06, 2008 ... Byline: DAVID STERRETT Rising unemployment threatens the nation's appetite for Big Macs, a troubling sign for McDonald's Corp.'s reputation as a safe investment during tough economic times. McDonald's typically fares relatively well in the early stages of a ...
On the Move.(People)
Oct 06, 2008 ... CONSUMER SERVICES MERISANT WORLDWIDE INC., Chicago: Jonathan Cole, 44, to vice-president of business development, from vice-president and general counsel. SOLO CUP CO., Highland Park: Bob LeBlanc, 48, to vice-president of food-service sales, from executive ...
An Introduction.(Focus: Enterprising Women)
Oct 06, 2008 ... Women are climbing into positions of leadership in Chicago business. On the way up, they're changing how the game is played. Crain's this week aims to tell the story of how women are transforming the business landscape, bringing new products and ideas to the marketplace and ...
On the bench, a voice for kids; Anne Burke.(Focus: Enterprising Women)(Interview)(Brief article)
Oct 06, 2008 ... There are two sides to Illinois Supreme Court Justice Anne Burke. There is the independent woman who is a champion of children and a founder of the Chicago Special Olympics. Later, the lifelong Democrat was appointed by then-Gov. Jim Edgar as a special counsel for child welfare. More ...
`Recovering politician'.(Focus: Enterprising Women)(Carol Moseley Braun)(Interview)(Brief article)
Oct 06, 2008 ... Carol Moseley Braun achieved a few milestones in her political career, most notably in 1993, when she became the first black woman elected to the U.S. Senate and the first female senator from Illinois. Serving a single term, she was then named U.S. ambassador to New Zealand and Samoa. She ...
Roadblocks to reaching the Governor's Mansion.(Focus: Enterprising Women)(Lisa Madigan)(Brief article)
Oct 06, 2008 ... Could Illinois Attorney General Lisa Madigan become the state's first female governor? She's on a short list of Democrats being mentioned as potential candidates in 2010. But to make history, Ms. Madigan, 42, would have to overcome some obstacles: Rod Blagojevich The ...
Knowing the who's who.(Focus: Enterprising Women)
Oct 06, 2008 ... Lois Weisberg has never run for public office, but many consider her one of the most well- connected people in town. As commissioner of the Chicago Department of Cultural Affairs, Ms. Weisberg, 83, has brought art and culture to the public. But her real gift may be bringing ...
A force at City Hall puts her clout behind Obama.(Focus: Enterprising Women)(Valerie Jarrett)
Oct 06, 2008 ... Valerie Jarrett had considerable clout long before she became Barack Obama's consigliere. In the public arena, the Chicago-born attorney was a deputy corporation counsel under Mayor Harold Washington and deputy chief of staff for Mayor Richard M. Daley. She also served as ...
Shopping Smarts.(Focus: Enterprising Women)(women in consumer goods' sector)
Oct 06, 2008; ... Byline: Meghan Streit No industry has been more dramatically transformed by the influx of women into the workforce than consumer products, which encompasses everything from hot dogs to dish soap. Over the past several decades, local industry giants Kraft Foods Inc., ...
Entrepreneur's Intuition.(Focus: Enterprising Women)(Marilyn Miglin L.P's Marilyn Miglin)(Vosges Haut-Chocolat's Katrina Markoff)
Oct 06, 2008 ... Gut decisions can sometimes yield success. At least that's the case for two local consumer products entrepreneurs who trusted their instincts. Cosmetics maven Marilyn Miglin launched her beauty products shop with $2,500 and 250 square feet of space in 1963. Inspired by a trip to ...
Putting Mom's ideas on the menu; McDonald's.(Focus: Enterprising Women)(Brief article)
Oct 06, 2008 ... Much of McDonald's Corp.'s success hinges on its ability to appeal to children-and their mothers. "McDonald's does a phenomenal job reaching women,'' says Bridget Brennan, CEO of Female Factor Corp., a Chicago-based consultancy that specializes in marketing to women. "Burger ...
Game-changer.(Focus: Enterprising Women)(Oprah Winfrey)
Oct 06, 2008; ... Byline: Robert Loerzel Oprah Winfrey is many things: talk-show host, actress, philanthropist, author, magazine publisher, Broadway producer, all-purpose guru. So, sometimes it's easy to overlook the fact that she's also an entrepreneur-a remarkably successful one at that. ...
Biz how-tos, modeled by O.(Focus: Enterprising Women)(Oprah Winfrey)
Oct 06, 2008 ... Everyone knows Oprah Winfrey is successful. But how did she do it? Here are five business lessons gleaned from observing the master at work. * Hold onto your rights. When "The Oprah Winfrey Show'' went national in 1985, WLS-TV owned the show, King World distributed it, and Ms ....
Thinking pink: Cause tackles breast cancer.(Business of Life)(Lynn Sage Cancer Research Foundation's Lili Ann Zisook)(Interview)
Oct 06, 2008; ... Byline: Mary Cameron Frey Following the death of Chicagoan Lynn Sage in 1984 at the age of 39, a group of 17 friends and family members formed the Lynn Sage Cancer Research Foundation to help others who were battling the disease. The foundation has raised more than $20 million ...
Women of steel, tools, parts.(Focus: Enterprising Women)
Oct 06, 2008 ... You may think of Chicago's manufacturing industry as the last bastion of the old boys' network. And for the most part, you'd be right: Only 10% of Chicago's manufacturing jobs are held by women, according to the U.S. Census Bureau. But women control billions of Chicago's ...
Steel-toed flip-flops?(Focus: Enterprising Women)(W.W. Grainger Inc's Bonnie McIntyre )
Oct 06, 2008 ... In 2006, when Bonnie McIntyre visited the construction site of W. W. Grainger Inc.'s new distribution center in China, she and her co-workers were shocked by the lack of safety standards. Carpenters operated power saws wearing flip-flops. Welders soldered steel without protective goggles ....
Last one standing.(Focus: Enterprising Women)(Hudson Precision Products Co's Joan Wrenn)
Oct 06, 2008 ... Some 166 machine shops nationwide died between 2002 and 2005, erasing 6% of the industry, according to the U.S. Census Bureau. Most were small, family-owned businesses, some generations old, killed by outsourcing that sent orders for custom machine parts to much cheaper plants in Asia. ...
The lady who gave up lunch.(Focus: Enterprising Women)(J. C. Schultz Enterprises Inc's Janice Christiansen)(Brief article)
Oct 06, 2008 ... Janice Christiansen was an unlikely candidate to save the family business, J. C. Schultz Enterprises Inc., from the brink of bankruptcy. "I was training to become a country club wife,'' she says of her life in the early 1980s. When her husband died in 1985, she had been relieved ...
The wired women.(Focus: Enterprising Women)(411 Solutions International's Jane Morgan)(OnShore Technology Group Inc's Valerie King-Bailey)
Oct 06, 2008; ... Byline: Dee Gill The electricity went out in Edward Don & Co.'s 24-hour call center around 11 p.m., forcing employees in the North Riverside office to work by the glow of their generator-powered computers. Without air conditioning on that hot, humid August evening, ...
With grandkids in tow, a visit to D.C. museum.(Business of Life)(Judd Malkin)(United States Holocaust Memorial Museum)(Brief article)
Oct 06, 2008; ... Byline: Shia Kapos Real estate mogul Judd Malkin is back from Washington, D.C., after leading fellow grandparents and their grandchildren on a whirlwind trip to the United States Holocaust Memorial Museum. Not included were the children's parents. "It was nice. You ...
The new guy at school: Dad; As more fathers volunteer, some changes in culture; Mars and Venus on the PTA.(Business of Life)
Oct 06, 2008; ... Byline: SHIA KAPOS Charles Crotteau is a familiar face in a sea of lipstick during afternoon pickup at Sacred Heart Schools on the North Side. He's a talkative, friendly doctor with a wife and two daughters who has just taken on the weighty task of volunteering as a ...
New frontiers in investing.(Focus: Enterprising Women)
Oct 06, 2008 ... Byline: Steven R. Strahler Though their numbers at Chicago's banks and investment firms are still relatively small, women have brought new ideas to the business, lending money and investing in areas that had been underserved-and often simply overlooked. With more ...
Women of the Web.(Focus: Enterprising Women)(Sittercity Inc's Genevieve Thiers )
Oct 06, 2008 ... Growing up in Philadelphia, Genevieve Thiers and her twin sister, Katherine, divided up their neighborhood, landing 10 baby-sitting jobs apiece each week. So it's no surprise that Ms. Thiers invented a more-efficient way to dole out sitting jobs. In 2001, she founded Sittercity ...
For one girl, father really did know best.(Focus: Enterprising Women)(OnShore Technology Group Inc's Valarie King-Bailey )
Oct 06, 2008 ... Most entrepreneurs figure out their business philosophy sometime between graduate school and their first million dollars. Valarie King-Bailey found hers in the third grade. Growing up in Stateway Gardens, a housing project near old Comiskey Park, she recalls walking to Raymond ...
Big sister is watching.(Focus: Enterprising Women)(TeamWerks Inc's Alison Chung )
Oct 06, 2008 ... Alison Chung doesn't send chatty e-mails. She doesn't give out her age, company revenue or names of clients over the Internet. To her, all that information creates an unnecessary paper trail-fodder for identity thieves, competitors or opponents in court cases in which she testifies as an ...
Taking the high road.(Focus: Enterprising Women)(Highroad Consulting Ltd's Sandra Dearden)(West Fuels Inc's Debora Stange)
Oct 06, 2008; ... Byline: Dee Gill No company that moves a lot of product likes today's fuel prices. But those that ship by rail can thank Sandra Dearden that costs aren't higher-a lot higher. In 2003, Ms. Dearden's Chicago firm, Highroad Consulting Ltd., published a white paper ...
Confessions of an executive penny pincher.(Focus: Enterprising Women)(National Van Lines Inc's Maureen Beal )(Brief article)
Oct 06, 2008 ... Many chief executives get their companies through tough times by scrutinizing every expense. Maureen Beal started doing that at National Van Lines Inc. 25 years ago. And never stopped. "I took control of the cash flow when I first got here as treasurer, and never let go,'' says ...
You put your left foot in, you put your left foot out.(Focus: Enterprising Women)(New Age Transportation Distribution and Warehousing Inc's Carolyn Gable)(Brief article)
Oct 06, 2008 ... The singers at New Age Transportation Distribution & Warehousing Inc. won't be mistaken for the Mormon Tabernacle Choir, but they are just as passionate. Every time a customer has a birthday, six sales employees gather around a speaker phone and clear their throats. "Almost ...
A long way from secretary.(Focus: Enterprising Women)(Highroad Consulting Ltd's Sandra Dearden )(Brief article)
Oct 06, 2008 ... When Sandra Dearden took a job at Illinois Central Railroad Co. in 1969, women were relegated mostly to working as assistants. Despite her experience as a purchasing agent for an adhesive tape company, the railroad made her secretary to the chairman. She was miserable. "It was ...
More than just 'mad men'.(Focus: Enterprising Women)
Oct 06, 2008 ... Byline: Dee Gill It's been a long time since a major advertising agency could rise to greatness through television work alone. Sure, clients still want their award-winning TV ads, but they also want interactive Web sites, clever e-mail tools and funny online videos. ...
Finally, someone's listening.(Focus: Enterprising Women)(Dolores Kunda )(Brief article)
Oct 06, 2008 ... Dolores Kunda used to get upset when clients refused to believe they needed marketing campaigns tailored specifically to Latinos. Now, the chief executive of L piz Integrated Hispanic Marketing just whips out "the scary slides.'' Those are the ones showing that Hispanics are the ...
Rediscovering a competitive edge.(Focus: Enterprising Women)(Discover Card Services Inc's Margo Geogiadis)(Brief article)
Oct 06, 2008 ... Giving cash back to credit card users was an effective marketing plan for the Discover Card 20 years ago, when no one else was doing it. But by 2004, most credit card companies had copied and expanded the gimmick, leaving Discover without a competitive edge. That's when the ...
The cleanup campaign.(Focus: Enterprising Women)
Oct 06, 2008 ... It's been said that good advertising benefits everyone in a company. Still, it's rare to hear the folks in human resources singing a campaign's praises. But at Dow Chemical Co., the people who recruit 3,000 new hires a year say the company's latest ads have made their jobs a whole lot ...
Sisters Doin' It For Themselves.(Focus: Enterprising Women)(Clinical Resource Network Inc's Gail Adinamis)(Women's Business Development Center's Hedy Ratner)
Oct 06, 2008; ... Byline: Dee Gill Running a clinical trial for a new drug is a messy process, one that typically costs $1 billion and drags on for seven to 14 years. Most of these studies, required for Food and Drug Administration approval, are delayed by participants who weary of ...
The women helping women.(Focus: Enterprising Women)(Ceres Venture Fund L.P's Laura Pearl, Sona Wang and Donna Williamson )
Oct 06, 2008 ... In December, Ceres Venture Fund L.P. announced plans to invest an undisclosed amount in Brill Street & Co., a Chicago company that places college students in short-term business projects. It was an unusual deal for two reasons. First, the venture capitalists are women. Ceres, ...
Selling conception to Chicago.(Focus: Enterprising Women)(Alternative Reproductive Resources' Robin Von Halle)
Oct 06, 2008 ... Eighteen years ago, Robin Von Halle worried her new business idea was so different from anything in the Midwest that customers would reject it. Then a little legislation helped smooth the way. Ms. Von Halle learned about using donor eggs to conceive children in the early 1990s, ...
How to treat a stutter.(Focus: Enterprising Women)(Zorch International Inc's Mercedes Pickett and Nicole Loftus)
Oct 06, 2008 ... Nicole Loftus was so grateful for the city services that helped her build Zorch International Inc. into one of the fastest-growing companies in the country that she wrote Mayor Richard M. Daley a thank-you note. In the letter, she offered to give back to Chicago in any way she ...
Credit freeze chills Chicago; Loans get pricier, scarcer for local consumers and firms.(Markets in Crisis)
Oct 06, 2008; ... Byline: STEVE DANIELS, PAUL MERRION AND H. LEE MURPHY The choking credit market is causing pain in just about every nook of Chicago's economy, squeezing businesses and consumers alike. From manufacturers to car dealers to big publicly traded firms, companies that rely ...
Scandal endures, but giving rises; Archdiocese fundraiser aims to break a record.(News)(Archdiocese of Chicago)
Oct 06, 2008; ... Byline: ROBERT HERGUTH Despite the faltering economy and lingering bad publicity over the handling of sexual abuse by priests, the Archdiocese of Chicago is finding this a surprisingly bountiful time in the pews. The Annual Catholic Appeal, a pledge drive rooted in ...
The big con; WHY WOULD A NEW CONSTITUTIONAL CONVENTION FIX PROBLEMS THE LAST 'REFORM' DIDN'T?(News)
Oct 06, 2008; ... Byline: Greg Hinz In 1980, after Illinois legislators snuck through a fat pay hike for themselves, political "reformers'' took revenge. Rallying under a banner of throw-the-rascals-out, they persuaded voters to radically alter the way members of the Illinois House were elected. ...
Datebook.(Calendar/Datebook)(Calendar)
Oct 06, 2008 ... THIS WEEK OCT. 7: Score presents Going Into Business: Evaluate Yourself, Take First Steps. 8:45 a.m. to 12:30 p.m. Score, 500 W. Madison St., Suite 1250. Fee: $50. (312) 353-4540. OCT. 7: Small Business Development Center at Jane Addams Hull House and J. P. Morgan ...
BUCKSBAUM'S BURDEN; Debt puts General Growth in play.(Markets in Crisis)(Company overview)
Oct 06, 2008 ... Byline: ALBY GALLUN Four years after pulling off one of the biggest takeovers in the history of U.S. real estate investment trusts, John Bucksbaum has opened the door to the sale of his own company, General Growth Properties Inc. And not because he wants to. A big ...
Crisis reveals real weakness: stagnant wages.(Viewpoint essay)(Brief article)
Oct 06, 2008 ... We'll get a look at the real U.S. economy now. For the past decade or more, a thick layer of debt has covered up its weaknesses. But that protective coating dissolved in the credit meltdown of the past few weeks. As credit dries up, the stark contours of a ...
Walgreen's deja vu; CEO Rein walked away from Longs deal; now, he's back again.(News)(Jeffrey Rein's bid for Longs Drugs Stores Corp.)
Oct 06, 2008; ... Byline: MONEE FIELDS-WHITE Just six months ago, Walgreen Co. CEO Jeffrey Rein appeared to make his final bid to buy Longs Drugs Stores Corp., offering $70 a share to become the dominant pharmacy chain in California. The talks fell apart when the two sides couldn't ...
Setting a new agenda.(Focus: Enterprising Women)(women in politics)
Oct 06, 2008; ... Byline: John T. Slania Over the past three decades, women have shattered the glass ceiling in Chicago and statewide politics, occupying the offices of Chicago mayor, U.S. senator, state treasurer, comptroller, lieutenant governor and state's attorney, as well as being elected ...
City strikes $2.5-bil. Midway deal.(Briefs)(Midway Airport )(Brief article)
Oct 06, 2008 ... Mayor Daley announced a landmark agreement to privatize Midway Airport for $2.52 billion. The deal would net the city more than $1 billion, after paying off airport debt, the mayor said. The bid was lower than initial estimates, but given financial market turbulence and a recent downturn ...
LETTERS: Electronic fundraising can help struggling non-profits.(Opinion)
Oct 06, 2008 ... As troubling as the economic news is for investors, its impact on charitable contributions to non-profits will be catastrophic ("Giving wilts at charities,'' Sept. 15). Charities already are struggling in these challenging times, as demonstrated by the American Red Cross' recent ...
Destination: Seattle.(Business of Life)(City overview)
Oct 06, 2008; ... Byline: Lisa Bertagnoli GO: Portland might well be "the next Seattle,'' but for a taste of Pacific Northwest urban life, nothing beats the original. The city's hilly downtown makes for vigorous, rewarding strolls; an especially pleasant one leads to the stunning Rem ...