Written By: Annabelle Ju on October 21, 2014 No Comment
Plummeting U.S. corn and soybean prices threaten farmer income

Farmers in Illinois estimate their incomes will be 60 percent below last year, as a record corn and soybean harvest and plummeting prices eat into profits.

Written By: Toby Burns on October 10, 2014 No Comment
Investment bankers say conditions ripe for continued boom in mergers and acquisitions

Top investment bankers at J.P. Morgan and Goldman Sachs said Friday they expect corporate deal-making to continue at a brisk pace well into 2015.

Written By: Ryan Sachetta on October 10, 2014 No Comment
Housing market looks for spark in flat 2014

Toll Brothers CEO Doug Yearley said 2014 has been relatively flat for homebuilders following a strong 2013. While the employment picture has improved, Yearley said slow wage growth hinders progress in housing.

Written By: Lei Xuan on October 10, 2014 No Comment
Fed’s Plosser wants a more transparent U.S. central bank

Philadelphia Federal Reserve President Charles Plosser, an outspoken inflation hawk, said the Fed’s next interest rate move should be governed by data rather than a fixed date, referring to the Fed’s policy language that rates could stay low for “a considerable time.”

Written By: Annabelle Ju on October 2, 2014 No Comment
Strong U.S. dollar affects businesses and travelers alike

The U.S. dollar has risen nearly 8 percent against major currencies in the past four months to the highest level since June 2010, in a move that has implications for U.S. businesses and travelers alike.

Written By: Robin Amer on June 11, 2014 No Comment
Real estate industry eyes Illinois governor’s race but hasn’t ponied up yet

Illinois’ real estate and construction sectors are eyeing the upcoming governor’s race. But industry players may not be opening their wallets the way they once did.

Written By: Shelby Livingston on June 11, 2014 No Comment
Target Corp. shares have fallen 10 percent but are poised for a comeback

Discount retailer Target is slowly bouncing back from the holiday data breach last year that helped send its same-store sales decline 2.5 percent during the fourth quarter and holiday season. Shares of the company are down some 10 percent this year so far, but analysts say bargain-hunting investors may want to take a closer look at the company.

Written By: Matt McKinney on June 11, 2014 No Comment
Executive compensation for top Illinois manufacturers up 23 percent

Executive compensation at the top 10 public manufacturing companies in Illinois was up 23 percent in 2013 to a median of $10.68 million, according to an analysis by Medill News Service. The increases come as the industry is gaining momentum.

Written By: Hayat Norimine on June 11, 2014 No Comment
Civic hackers wear the white hats in a growing profession

Civic hackers aren’t up to anything harmful, such as stealing personal information. Their goal is to take open government data that’s difficult to navigate and develop apps to make it accessible to citizens. It’s a growing field.

Written By: Cat Boardman on June 11, 2014 No Comment
United Airlines grounds economy travelers with MileagePlus changes

United Airlines is changing its MileagePlus loyalty program next year in a move to reward its big-spending frequent business travelers. But is it a risky move for an airline that ranks second to last in customer satisfaction?

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