Boeing bets big on a plastic plane
Boeing Co. doesn't often let the public into its secured development center here. But on Tuesday, after months of bad news about defense scandals, trade wars and lost sales, the...
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THE SEARS-KMART MERGER
There was a hint of something grander in the works when Aylwin Lewis met Kmart Chairman Edward Lampert at the investor's Greenwich home on Labor Day. It was the first...
Kmart snaps up Sears for $11 billion
In a bold move that shakes up one of Chicago's most enduring business icons, Kmart Holding Corp. pounced on Sears, Roebuck and Co. Wednesday in a merger valued at $11...
Kmart deals for Sears
In a stunning move that could forever alter one of Chicago's most enduring business icons, Kmart Holding Corp. pounced on Sears, Roebuck and Co. today in a $11 billion merger....
Report stokes inflation worries
The skyrocketing cost of energy and food drove wholesale prices in October to their biggest gain in almost 15 years, increasing pressure on companies throughout the economy to pass similar...
Speculation surrounds Sears’ fate
It may seem far-fetched that a retailer as massive as Sears, Roebuck and Co. could ever be dismantled to tap the underlying value of its real estate. After all, the...
Speculation surrounds Sears’ fate
It may seem far-fetched that a retailer as massive as Sears, Roebuck and Co. could ever be dismantled to tap the underlying value of its real estate. After all, the...
Google’s IPO winds up delivering profit, if not reform, to supporters
When all was said and done, Google Inc.'s now-infamous "Dutch auction" came down to a simple irony. The company's young co-founders, Sergey Brin and Larry Page, may have fancied themselves...
Jobs surge a 3rd month
The U.S. job market in May shot to a third straight month of healthy gains, providing more evidence that the economic recovery is firmly on track. The Labor Department reported...
McDonald’s chief has cancer
Less than three weeks after the sudden heart attack and death of Chief Executive James Cantalupo, McDonald's Corp. announced that his 43-year-old successor has colon cancer. Charlie Bell, who helped...