Chicago's best-known architect for condominiums has filed for bankruptcy and will retire. The firm of Lucien Lagrange submitted a Chapter 11 bankruptcy petition, citing debts of between $1 million and $10 million. The firm listed assets in the same range. Lagrange, 69, said his decision to retire precipitated the filing. He said his financial affairs are in turmoil because he's owed more than $1 million for an unbuilt project in Saudi Arabia. "I don't know when I'm going to be paid," he said.
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Weak financial results from big technology companies are weighing on U.S. stock indexes. Poor earnings from Oracle Corp. and Micron Technology Inc. caused their shares to plummet Friday. The news led to a broad sell-off of technology stocks. Cisco Systems Inc. fell 2...
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Legions of experts are trying to fathom what drove Staff Sergeant Robert Bales to allegedly slaughter 16 Afghan civilians, including nine children, on March 11. Many proximate causes have been proposed, including the strain of Bales’ four military deployments; his recent financial troubles...
Mortgage approvals fell to a 10-month low last month.
A career fair aimed at increasing diversity will take place from 11 a.m. to 3 p.m. today at the Illinois Institute of Technology’s MTCC Building in the McCloska Ballroom at 3201 S. State. The “diversity employment day” fair is free and open to the...
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