Chicago Suntimes Business
 Business
Updated: 57 min 25 sec ago
Sun, 08/01/2010 - 06:01
That house down the street that just went into foreclosure wasn't just
bad for your neighbor. It's gnawing at the value of your own home. Sales figures show that foreclosed homes generally trade for a 40
percent discount compared with homes sold the conventional way in the
same market. In many cases, the discount is far more. Elmwood appraiser Michael Walsh says some banks that have held foreclosed homes drastically undercut the market when they finally let go.
Sun, 08/01/2010 - 06:01
A man who more than a century ago championed keeping Grant Park "forever
open, clear and free" could soon get an urban oasis on the Chicago
River named for him. For the first time, A. Montgomery Ward, known best for starting the
world's first mail-order retail catalog, is on his way to having a park
named in his honor to commemorate his more controversial work in the
city -- as an environmentalist.
Sat, 07/31/2010 - 10:00
Sandra Guy: Ethel Oliver is proud to follow in her late father's footsteps by
insisting that the children in her life get the best education they can. Oliver has enrolled her grandchildren in an enrichment program called
"Saturday College," run by the Early Outreach Program at the University
of Illinois at Chicago. The program runs Saturdays during the school
year and offers academic summer camps. Children throughout the Chicago area, both in the city and suburbs, have
another free enrichment opportunity at UIC and other sites this summer.
Sat, 07/31/2010 - 10:00
Lake Shore Drive motorists have grown accustomed to seeing electronic
signs that alert them to various traffic problems. What they're not used to seeing is flashing signs with wisecrack slogans. That's what happened Friday near Soldier Field, site of this weekend's Bon Jovi concerts. Somebody hired a contractor to install an electronic message board promoting the concert and JACK-FM (104.3).
Sat, 07/31/2010 - 10:00
Football fans in west suburban Naperville can face a dilemma Sunday mornings: miss kickoff or go the entire game without a beer. The city's liquor commission tackled the issue this week and voted to
recommend that the Naperville City Council approve an amendment that
would start packaged liquor sales at 10 a.m. Sundays in Naperville. Now,
the start time is noon.
Sat, 07/31/2010 - 10:00
A federal lawsuit has been filed against SuperValu, the parent company of Jewel-Osco, by the developer of a proposed shopping center in north suburban Mundelein claiming the supermarket chain engaged in a "dirty tricks" campaign to block a proposed Wal-Mart store in the complex.
Sat, 07/31/2010 - 10:00
That house down the street that just went into foreclosure wasn't just bad for your neighbor. It's gnawing at the value of your own home.
Sat, 07/31/2010 - 10:00
A contract to lease seven Illinois Tollway oases will be put up for public auction late next month after the operator of the previous lease was foreclosed upon.
Sat, 07/31/2010 - 10:00
When foreclosures pop up like mushrooms, it's poison to mortgage lenders. Others, though, feast on the crop.
Sat, 07/31/2010 - 10:00
DETROIT -- President Obama on Friday heralded the recent turnaround for U.S. automakers in a trip to the Motor City, arguing that thousands of jobs and increased production vindicate his unpopular decision to bail out the industry.
Sat, 07/31/2010 - 10:00
NEW YORK -- The Walt Disney Co. is selling Miramax Films to a group of investors for $660 million.
Sat, 07/31/2010 - 10:00
The recovery lost steam in the second quarter. Growth slowed to 2.4 percent, the most sluggish showing in nearly a year, a Commerce Department report released Friday showed.
Sat, 07/31/2010 - 10:00
WASHINGTON -- Andy Griffith has a new role: pitching President Obama's health-care law to seniors in a cable TV ad paid for by Medicare.
Sat, 07/31/2010 - 06:01
With her husband and son already in the saddle, Mary Adams looked at her
own two-wheeler and winced: Suppose riding a bicycle isnt like riding a
bicycle after all.
Youre not supposed to forget how? she said Friday, before climbing
onto one of a 100 bicycles introduced to Chicago on Friday as part of a
new bike-sharing program.
Fri, 07/30/2010 - 10:00
Lewis Lazare: Bill Kurtis and Walter Jacobson are being reunited at WBBM-Channel 2. The iconic Chicago news duo -- who teamed as nightly news anchors at Channel 2 in the 1970s and early 1980s when it dominated local news -- will be paired up again starting Sept. 1, this time anchoring the WBBM 6 p.m. weekday news. WBBM hopes bringing back one of Chicago's legendary anchor teams will ignite new interest in Channel 2 news.
Fri, 07/30/2010 - 10:00
Workers aren't happy, and that has hiring managers worried. Employee morale and maintaining employee productivity are hiring managers' top concerns, according to a survey by Chicago-based ComPsych Corp. Thirty-one percent of hiring managers who responded to the survey identified those as their top concerns.
Fri, 07/30/2010 - 10:00
Chicago could soon be home to dozens of rolling restaurants -- mobile food trucks with cooking on the premises. Ald. Scott Waguespack (32nd) wants to legalize the concept to create a "whole new industry" that's already part of the "culinary culture" in other major cities in the United States and around the world.
Fri, 07/30/2010 - 10:00
In case 10 minutes isn't enough to show off your Lady Gaga impersonation, YouTube has raised the limit it places on video uploads to 15 minutes. The video website, owned by Google Inc., said in a blog post Thursday that the longer upload time was the single-most requested feature by its users.
Fri, 07/30/2010 - 10:00
Chicago area Hyatt hotel union workers Thursday have authorized a strike.
Fri, 07/30/2010 - 10:00
Could it be the "Sirott effect" is starting to be felt at WFLD-Channel 32?
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