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Illinois quickly sells bonds despite lower rating

Despite hits to its credit rating, Illinois on Wednesday completed the sale of $800 million in bonds and received a lower interest rate than similar sales in recent years.

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Motorola Mobility CEO’s pay more than triples
PORTLAND, Ore. — Motorola Mobility Holdings Inc. CEO and Chairman Sanjay Jha’s compensation more than tripled in 2011 to $47.2 million, including awards tied to the company’s split from Motorola Solutions. The old Motorola Inc. divided into two companies in January...
US employment figures beat forecasts: reaction
US employment increased more than expected in April as private companies created jobs at the fastest pace in five years, even though the jobless rate rose to 9pc. Here is the market and economists' reaction to the figures:
French economy shows zero growth
French economic growth ground to a halt in the second quarter, raising the pressure on President Sarkozy who is trying to convince nervous financial markets that he can deliver on debt reduction targets.
Name That Exhaust Note, Episode 49
Hit play for an audio recording of a mystery car’s exhaust note, and then share your guesses or get a few hints from other visitors in the comments below. Be sure to check back on Thursday for the answer! Related posts: Name That Exhaust Note, Episode 37: 2009 Dodge Ram 1500 with Exhaust Cutout...
Madigan: I'm not leaving job
Is another Chicagoan joining the Obama administration bandwagon? Attorney General Lisa Madigan tried to put to rest speculation Tuesday that she is being considered for director of a new Consumer Financial Protection Bureau that Congress is expected to create as soon as next week. On Tuesday, she...
Battered eurozone left vulnerable to crisis, warns Fitch
The global crisis has revealed weaknesses in the eurozone's economic framework which left it particularly vulnerable, Fitch warns.
Carroll Shelby, A Retrospective: 10 Seminal Drives, Tests, and Comparisons of Ol’ Shel’s Most Iconic Cars
Ten seminal drives, tests, and comparisons of Ol’ Shel’s most iconic cars. (more…)
Heathrow in crisis: letter in full
Here is the letter from nearly 70 business leaders, representatives of chambers and commerce and union heads talk of the need to support Heathrow, promote competition and find a solution to this country's aviation crisis.
Ford cites Chicago plant’s successes at Auto Show preview
Ford Motor Co.’s investments in its Torrence Avenue plant are paying off, executives said at a Chicago Auto Show preview Wednesday. Ford has received orders from 40 state and local governments in Illinois for its 2013 Police Interceptors, made at the plant.
AT&T plan to buy T-Mobile not over yet, but . . .
Deutsche Telekom and AT&T vowed Thursday to press ahead with the planned sale of the German company’s T-Mobile USA unit to the U.S. cell phone operator despite concerns raised by American authorities. Nevertheless, AT&T said it plans to take a pretax...
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