Shiny new Penney
J.C. Penney, the first retailer in Mokena Marketplace, will open its doors Saturday. The 104,000-square-foot department store opens at 9 a.m. in the shopping center at the southwest corner of U.S. 30 and Wolf Road.
J.C. Penney, the first retailer in Mokena Marketplace, will open its doors Saturday. The 104,000-square-foot department store opens at 9 a.m. in the shopping center at the southwest corner of U.S. 30 and Wolf Road.
New home sales drop 0.6% in June
Sales of new homes fell in June for the seventh time in the past eight months, more proof that the worst housing slump in decades is getting deeper.
Sales of new homes fell in June for the seventh time in the past eight months, more proof that the worst housing slump in decades is getting deeper.
Ky. firm buys Chicago's Tampico
Kentucky-based Houchens Industries has completed its acquisition of Tampico Beverages, adding another facet to the highly diversified company.
Kentucky-based Houchens Industries has completed its acquisition of Tampico Beverages, adding another facet to the highly diversified company.
Defense spending helps lift durable goods orders
Orders to factories for big-ticket manufactured goods such as cars, appliances and machinery rose at the fastest pace in four months in June. While the increase was much stronger than had been expected, much of the strength was related to heavy defense spending.
Orders to factories for big-ticket manufactured goods such as cars, appliances and machinery rose at the fastest pace in four months in June. While the increase was much stronger than had been expected, much of the strength was related to heavy defense spending.
U.S. foreclosure filings more than double in 2Q
The number of households facing the foreclosure process more than doubled in the second quarter compared to a year ago, according to data released today.
The number of households facing the foreclosure process more than doubled in the second quarter compared to a year ago, according to data released today.
Beecher supermarket to reopen as Walt's
The former Knuth's Country Market in Beecher will reopen this morning under the Walt's Food Centers banner.
Chicago-area home sales perk up in June
Chicago-area sales of existing single-family homes and condominiums perked up last month compared with May, but were off sharply from June of last year.
Chicago-built Fords to get new fuel-efficient engine
Ford said Thursday that two Chicago-built vehicles - the Taurus and Lincoln MKS - will be the first to get the company's new EcoBoost V-6 engine.
If you build it ... will they come?
The company in charge of redeveloping Lincoln Mall is asking Matteson for financial help in creating a new cluster of stores. Realty America Group wants to put a new retail center between the Target and J.C. Penney buildings on Promenade Way just south of the mall.
The company in charge of redeveloping Lincoln Mall is asking Matteson for financial help in creating a new cluster of stores. Realty America Group wants to put a new retail center between the Target and J.C. Penney buildings on Promenade Way just south of the mall.
Illinois home sales rise 3.6% in June
Sales of single-family homes and condominiums in Illinois rose 3.6 percent in June while sales trended lower at the national level last month.
Sales of single-family homes and condominiums in Illinois rose 3.6 percent in June while sales trended lower at the national level last month.
Ford posts $8.7B loss
Ford Motor Co. today said it lost $8.67 billion in the second quarter and will retool two more North American truck and sport utility vehicle plants to build small, fuel-efficient vehicles.
Ford Motor Co. today said it lost $8.67 billion in the second quarter and will retool two more North American truck and sport utility vehicle plants to build small, fuel-efficient vehicles.
Southwest 2Q profit up, sales rise 11%
Southwest Airlines Co. earned a profit in the second quarter and beat Wall Street expectations by continuing to rely on financial deals that lowered its fuel costs.
Southwest Airlines Co. earned a profit in the second quarter and beat Wall Street expectations by continuing to rely on financial deals that lowered its fuel costs.
Vast oil, natural gas reserves estimated in Arctic
Some 90 billion barrels of oil and nearly a third of the world's undiscovered natural gas remain untapped under an area north of the Arctic Circle, government scientists estimate, in the largest-ever survey of the area's energy potential.
Some 90 billion barrels of oil and nearly a third of the world's undiscovered natural gas remain untapped under an area north of the Arctic Circle, government scientists estimate, in the largest-ever survey of the area's energy potential.
