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Business

  • Caterpillar 2Q profit rises, revenue declines

    PEORIA – Caterpillar’s second-quarter net income rose 4.1 percent even as revenue slipped.The constr ...
    July 24, 2014 - 4:42 pm

  • Wal-Mart names new CEO of U.S. discount division

    NEW YORK – Wal-Mart is replacing the chief of its U.S. discount stores in what could be an indication that it’s losing confidence that its largest bus ...
    July 24, 2014 - 4:42 pm

  • IMF cuts U.S. and global growth forecasts for 2014

    WASHINGTON – The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in th ...
    July 24, 2014 - 4:42 pm

  • Economy, though sluggish, may now be sturdier

    WASHINGTON – Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged.
    July 24, 2014 - 4:36 pm

  • GM profit down 85 percent

    DETROIT – Recall expenses chopped $1.5 billion from General Motors’ bottom line in the second quarter, as it added up the costs of repairs for nearly ...
    July 24, 2014 - 4:36 pm

  • McHenry County unemployment rate falls to 6.1 percent

    CRYSTAL LAKE – The unemployment rate in McHenry County fell to 6.1 percent in June, a post-recession low, according to preliminary figures from the U. ...
    July 24, 2014 - 4:37 pm

  • U.S. unemployment aid applications drop to 284,000

    WASHINGTON – The number of people seeking U.S. unemployment benefits fell last week to its lowest level in more than eight years.
    July 24, 2014 - 8:37 am

  • Haisler: McHenry County real estate market improving

    Well, we finally got some hot temperatures this week, and it feels like summer. But today’s question is how hot is the housing market?
    July 24, 2014 - 5:30 am

  • NYC official: Thieves got into 1K StubHub accounts

    NEW YORK – Six people were indicted Wednesday in an international ring that managed to take over more than 1,000 StubHub users’ accounts and fraudulen ...
    July 23, 2014 - 5:31 pm

  • Chicago Grill opens in Lake in the Hills

    LAKE IN THE HILLS – Chicago Grill, a Chicago-style hot dog place, opened its doors this week in Lake in the Hills.
    July 24, 2014 - 12:16 am

  • Senate bill targets companies that move overseas

    WASHINGTON – The Senate voted Wednesday to advance an election-year bill limiting tax breaks for U.S. companies that move operations overseas. But big ...
    July 23, 2014 - 5:31 pm

  • Facebook 2Q profit more than doubles

    MENLO PARK, Calif. – Facebook Inc. on Wednesday reported profit that more than doubled in its second quarter, and topped analysts’ expectations.
    July 23, 2014 - 5:29 pm

  • GM issues 6 more safety recalls for vehicles

    DETROIT – General Motors issued six more recalls Wednesday, bringing its annual total to 60 recalls covering almost 30 million vehicles.
    July 23, 2014 - 5:31 pm

  • SEC votes to end $1 a share for some money funds

    WASHINGTON – Regulators have voted by a narrow margin to end a longtime staple of the investment industry – the fixed $1 share price for money-market ...
    July 24, 2014 - 12:25 am

  • Commercial jets push Boeing profits up

    Increased production of passenger jets helped push up Boeing’s profit by 52 percent in the second quarter, topping Wall Street’s expectations.
    July 23, 2014 - 5:31 pm

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