Tribune posts 18% earnings increase
Tribune Co. reported a profit upturn in the first quarter, as an income-tax benefit helped offset the financial drag of declining circulation and continued weakness in the company's broadcast segment....
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Majority-vote measure loses
Caterpillar Inc. shareholders voted down a proposal designed to dramatically change the way company directors are elected, but backers were cheered by unexpectedly solid support for the measure. Wall Street...
Lockout weapon
Outside the chain-link fence that surrounds CNH Global NV's farm-equipment plant here, a dozen men and women in thick jackets and wool caps are wielding bold-lettered signs, stamping their feet...
SEC sues 2 ousted Hollinger executives
Former top executives of Chicago Sun-Times owner Hollinger International Inc. "cheated and defrauded" investors and filed misleading public documents, the Securities and Exchange Commission alleged Monday in a federal lawsuit....
Perle an ‘abject failure’ as outside director, report says
In the report of financial escapades at Hollinger International Inc., some of the harshest criticism is leveled at Richard Perle, a member of the company's board of directors. A one-time...
ATA denies Chicago departure
ATA Airlines sought Tuesday to quell speculation that its mounting cash-flow problems might cause it to pull out of Chicago. But the Indianapolis-based low-cost airline, which handles the most passengers...
More ailing companies escaping pension costs
When officials of the federal agency that protects worker pension plans meet Thursday with United Airlines executives, they'll likely be seeking the answer to a fundamental question: "Is United planning...
EPA targets `non-road’ diesels with new rules
For the first time, the federal government has imposed strict pollution-control restrictions on the diesel engines that power vehicles such as earthmovers and farm equipment. The Environmental Protection Agency's "non-road"...
Few easy answers regarding Black’s complicated empire
Q. I can't figure out what Conrad Black sold and what David and Frederick Barclay, two multimillionaire twins, bought. A. Black's financial empire is complicated. He owns a controlling stake...
BANK ONE TAKEOVER
Wall Street cheers mergers because they create what the textbooks call "economies of scale." But for Bank One Corp. employees wondering if the pending merger with J.P. Morgan Chase &...