Chicago Sun-Times http://www.suntimes.com Latest news from the Chicago Sun-Times Online en-us webmaster@suntimes.com (Editor) Newspapers http://www.suntimes.com/csp/cms/sites/STM/assets/img/logos/suntimes.gif Chicago Sun-Times http://www.suntimes.com 84 34 30 Copyright 2014 <![CDATA[ International students study in Chicago but IT jobs go unfilled ]]>

The Chicago region’s colleges and universities are attracting growing numbers of foreign-born students, but employers are doing less well in hiring these students for local jobs when they graduate, especially to fill a big shortage of workers for information technology jobs, a new report shows. ]]> Fri, 29 Aug 2014 02:20:37 -0500 http://www.suntimes.com/business/29523656-420/international-students-study-in-chicago-but-it-jobs-go-unfilled.html http://www.suntimes.com/business/29523656-420/international-students-study-in-chicago-but-it-jobs-go-unfilled.html <![CDATA[ JPMorgan investigating possible cyberattack ]]>

JPMorgan Chase, the nation’s biggest bank by assets, is working with law enforcement officials to investigate a possible cyberattack, though the bank isn’t currently seeing any unusual fraud activity at the time. ]]> Thu, 28 Aug 2014 13:52:00 -0500 http://www.suntimes.com/business/29538103-420/jpmorgan-investigating-possible-cyberattack.html http://www.suntimes.com/business/29538103-420/jpmorgan-investigating-possible-cyberattack.html <![CDATA[ Darden delays shareholders meeting ]]>

Olive Garden’s parent company Darden Restaurants said it is postponing its annual meeting to give shareholders enough time to review its proxy materials. ]]> Thu, 28 Aug 2014 09:54:01 -0500 http://www.suntimes.com/business/29534597-420/darden-delays-shareholders-meeting.html http://www.suntimes.com/business/29534597-420/darden-delays-shareholders-meeting.html <![CDATA[ Ukraine conflict weighs on markets; retailers fall ]]>

U.S. financial markets ended slightly lower Thursday, marking their first loss in a week of record highs. The escalating conflict in Ukraine, disappointing retail earnings and profit outlooks combined to weigh down the market, eclipsing some good news on the U.S. economy and labor market. ]]> Thu, 28 Aug 2014 15:34:16 -0500 http://www.suntimes.com/business/29533807-420/ukraine-conflict-weighs-on-markets-retailers-fall.html http://www.suntimes.com/business/29533807-420/ukraine-conflict-weighs-on-markets-retailers-fall.html <![CDATA[ FBI investigates reports of cyberattacks on JPMorgan Chase, other banks ]]>

JPMorgan spokeswoman Trish Wexler said large companies experience cyberattacks nearly every day. “We have multiple layers of defense to counteract any threats and constantly monitor fraud levels,” said Wexler, who did not confirm the reports. ]]> Wed, 27 Aug 2014 22:44:00 -0500 http://www.suntimes.com/business/29528356-420/fbi-investigates-reports-of-cyberattacks-on-jpmorgan-chase-other-banks.html http://www.suntimes.com/business/29528356-420/fbi-investigates-reports-of-cyberattacks-on-jpmorgan-chase-other-banks.html <![CDATA[ Northwestern, Cadence Health merger takes effect Sept. 1 ]]>

Effective Sept. 1, Northwestern Memorial HealthCare and Winfield-based Cadence Health will merge into one health system — one of the largest in the Chicago area, officials said Wednesday. ]]> Wed, 27 Aug 2014 16:40:00 -0500 http://www.suntimes.com/business/29514194-418/northwestern-cadence-health-merger-takes-effect-sept-1.html http://www.suntimes.com/business/29514194-418/northwestern-cadence-health-merger-takes-effect-sept-1.html <![CDATA[ Spiders force Suzuki to recall midsize cars ]]>

Suzuki is recalling more than 19,000 cars because spider webs can clog a fuel vapor vent hose in some 2010 to 2013 Kizashi cars, cutting off air flow. If that happens, it can cause the gas tank to deform, causing cracks, fuel leaks and possible fires. ]]> Wed, 27 Aug 2014 08:40:01 -0500 http://www.suntimes.com/business/29513602-420/spiders-force-suzuki-to-recall-midsize-cars.html http://www.suntimes.com/business/29513602-420/spiders-force-suzuki-to-recall-midsize-cars.html <![CDATA[ Time Warner Cable says outages largely resolved ]]>

Time Warner Cable said Wednesday service was largely restored after a problem that occurred during routine maintenance caused a nationwide outage of its Internet service for hours. ]]> Wed, 27 Aug 2014 08:32:07 -0500 http://www.suntimes.com/business/29512920-420/time-warner-cable-says-outages-largely-resolved.html http://www.suntimes.com/business/29512920-420/time-warner-cable-says-outages-largely-resolved.html <![CDATA[ IMF chief Lagarde under investigation in France ]]> Lead story image

Christine Lagarde, the chief of the International Monetary Fund, was placed under official investigation for negligence in a French corruption probe that dates back to her days as France’s finance minister. ]]> Wed, 27 Aug 2014 07:28:01 -0500 http://www.suntimes.com/business/29512954-420/imf-chief-lagarde-under-investigation-in-france.html http://www.suntimes.com/business/29512954-420/imf-chief-lagarde-under-investigation-in-france.html <![CDATA[ US consumer confidence near a 7-year high: survey ]]> Lead story image

U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains. The optimism suggests Americans will be more likely to spend in the months ahead, an important boost to the economy. ]]> Tue, 26 Aug 2014 10:34:01 -0500 http://www.suntimes.com/business/29495568-420/us-consumer-confidence-near-a-7-year-high-survey.html http://www.suntimes.com/business/29495568-420/us-consumer-confidence-near-a-7-year-high-survey.html <![CDATA[ US closes probe into Camry Hybrid brake problems ]]>

An eight-month investigation into brake problems with some older Toyota Camry gas-electric hybrids has been closed without a recall. ]]> Tue, 26 Aug 2014 10:28:01 -0500 http://www.suntimes.com/business/29495587-420/us-closes-probe-into-camry-hybrid-brake-problems.html http://www.suntimes.com/business/29495587-420/us-closes-probe-into-camry-hybrid-brake-problems.html <![CDATA[ S&P 500 closes above 2,000 for first time ]]> Lead story image

It was a big round-number day for the stock market. The Standard & Poor’s 500 index closed above 2,000 points Tuesday for the first time. ]]> Tue, 26 Aug 2014 15:43:15 -0500 http://www.suntimes.com/business/29494113-420/sp-500-closes-above-2000-for-first-time.html http://www.suntimes.com/business/29494113-420/sp-500-closes-above-2000-for-first-time.html <![CDATA[ US durable goods orders surge record 22.6 percent ]]> Lead story image

Business orders for long-lasting manufactured goods shot up by the largest amount on record in July but much of the strength came from a huge surge in demand for commercial aircraft. Outside of transportation, orders actually fell. ]]> Tue, 26 Aug 2014 08:12:00 -0500 http://www.suntimes.com/business/29493705-420/us-durable-goods-orders-surge-record-226-percent.html http://www.suntimes.com/business/29493705-420/us-durable-goods-orders-surge-record-226-percent.html <![CDATA[ Best Buy posts mixed results in 2Q ]]>

Best Buy’s fiscal second-quarter net income fell 45 percent, with sales weakening as shoppers continued their move to making purchases online. ]]> Tue, 26 Aug 2014 07:30:01 -0500 http://www.suntimes.com/business/29493293-420/best-buy-posts-mixed-results-in-2q.html http://www.suntimes.com/business/29493293-420/best-buy-posts-mixed-results-in-2q.html <![CDATA[ US probes Ford Explorer police SUV brake hoses ]]>

U.S. safety regulators are investigating a complaint that front brake hoses can fail on some Ford Explorer Police Interceptor SUVs. ]]> Tue, 26 Aug 2014 07:30:01 -0500 http://www.suntimes.com/business/29493284-420/us-probes-ford-explorer-police-suv-brake-hoses.html http://www.suntimes.com/business/29493284-420/us-probes-ford-explorer-police-suv-brake-hoses.html