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  • US clampdown on tax maneuver leaves its mark

    A handful of companies pursuing overseas deals that could lower their tax rates are under pressure after the U.S. unveiled rules that would make those deals less lucrative. The Treasury Department announced new regulations Monday that would make it less lucrative to pursue a so-called …Read More

  • P&G selling rest of pet care business

    Procter & Gamble Co. is selling its Iams and Eukanuba brands in Europe to Spectrum Brands, shedding the remaining parts of its pet care business. Financial terms were not disclosed. The transaction includes 42 markets in Europe. P&G said that exiting the pet care business …Read More

  • Investors fret Yahoo’s future, stock dips

    Yahoo’s stock fell Monday as investors grappled with uncertainty about the Internet company’s future in the wake of last week’s record-setting Wall Street debut by the Chinese e-commerce giant Alibaba. Silicon Valley-based Yahoo reaped more than $9 billion from selling some of its shares in …Read More

  • UPS expands 3-D printing to 100 more stores

    UPS says it will put 3-D printers in nearly 100 more stores as it seeks to lure small businesses. United Parcel Service Inc. said Monday that it has been testing the printers at six stores. The company said they have been used by businesses, inventors …

    GM expert says 21 deaths eligible for compensation

    The death toll from crashes involving General Motors small cars with faulty ignition switches is at least 21. Attorney Kenneth Feinberg, who was hired by the company to compensate victims, said Monday in an Internet posting that he received 143 death claims as of Friday, …

    UAW workers in NW Indiana approve Lear contract

    Workers at a Lear Corp. plant in Hammond, Indiana, that makes automotive seats approved an agreement Sunday that will end a two-tiered pay system that left some workers earning much less than others. The United Auto Workers said in a statement that members of Local …

    UAW workers to vote on proposed Lear Corp contract

    Workers at a Lear Corp. plant in Hammond that makes automotive seats are preparing to vote on a tentative agreement that ended a one-day strike.

    GM recalls 221K XTS, Impala sedans for fire risk

    General Motors is recalling 221,558 Cadillac XTS and Chevrolet Impala sedans because the brake pads can stay partially engaged even when they’re not needed, increasing the risk of a fire.

    Aviation industry in Chicago to draw up new routes

    About 3,000 decision makers in the aviation and tourism sectors have gathered in Chicago for a global conference to forge connections and develop new airline routes.

    The Sitdown: Darrell B. Jackson, CEO, Seaway Bank & Trust


    Darrell B. Jackson, 56, started running Seaway Bank and Trust Co. last month, taking on the biggest challenge of his 35-year banking career when many baby boomers want to kick back. Seaway is Chicago’s largest African-American-owned bank, the third-largest nationwide.

  • Lawmaker: Make pumpkin pie Illinois’ state pie

    Pumpkin pie should be our state pie, says a downstate lawmaker who figures that’s a sweet way to make sure people know that pumpkins are big business in Illinois.

  • Gas, electric price hike estimates lowered by northern Indiana utility

    Northern Indiana Public Service Co. has lowered its estimates of how much electricity and natural gas bills will go up under its seven-year modernization plans. Documents filed with the Indiana Utility Regulatory Commission show natural gas rates will go up under 5 percent by 2020, compared with earlier estmates of nearly 10 percent.

  • Good news on economy pushes stocks to record highs


    More encouraging economic news and friendly signals from the Federal Reserve cheered investors on Thursday, as the S&P 500 and Dow Jones industrial average closed at all-time highs.

    US families need to boost savings: Yellen


    The Great Recession showed that a large number of American families are “extraordinarily vulnerable” to financial setbacks because they have few assets to fall back on, Federal Reserve chairman Janet Yellen said Thursday.

    US home construction drops 14.4 percent in August


    U.S. home construction plunged in August, led by steep decline in the volatile apartment category. Single-family house construction fell by a modest amount.