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Local stocks rise above tumult
Tribune staff reporterAmid rising investor nervousness, volatility and turmoil in debt markets stemming from defaults on subprime mortgages, Chicago-area stocks managed to largely hold their own over the last three months. Perhaps surprisingly, there were only a dozen...Tags: Illinois, Abbott Laboratories, Molex Incorporated, Fortune Brands Incorporated, Boeing Co.
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Resort Offers Stay In Exchange For Slumping Stocks
NEW YORK - If you're thinking about skipping that vacation this year, you many want to reconsider. One company is urging people to trade in their struggling stocks for some fun in the sun. It's all part of Elite Island Resorts latest promotion "Roll...Tags: MetLife Incorporated, Bank of New York Company, Travel, Boeing Co., Bank of America Corp.
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Caterpillar announces layoffs
LAFAYETTE, IN - To bring production levels in line with current demand, Caterpillar Inc. (NYSE: CAT) today notified 439 employees at its Lafayette, Indiana, Large Engine Center of layoffs expected to last at least six months. This decision impacts 405...Tags: Labor Markets, NYSE Euronext, Inc., Employees, Unemployment, Indiana
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Global leaders rack up growth
Tribune staff reporterSearch company name or ticker symbol Just when things were going along swimmingly for the stock market, investors were hit by the inflation shudders. Fears that sky-high prices for oil, copper, gold and other commodities would spread to the rest of...Tags: Illinois, Abbott Laboratories, Metal and Mineral, Boeing Co., Finance
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Will work for less
Tribune staff reporterWhenever Robert Johnson puts in 12-hour shifts, which is often because he needs the money, he knows he should grab a bite in the factory lunchroom because he's a diabetic. But he rarely does because a slice of pizza at the Caterpillar plant costs...Tags: Government, Harley-Davidson Inc., Health, Wages and Pensions, Unions
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Obama: Job losses demand stimulus
The Swampby Mark Silva President Barack Obama sees in the newest report of unemployment today - 3.6 million jobs lost since the start of the recession a little over a year ago - another signal that Congress cannot afford to wait......Tags: Government, Oracle Corp., Virginia, National Government, Barack Obama
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Obama taps right, left for econ advice
The Swampby Christi Parsons President Barack Obama plans to name conservative economist Martin Feldstein, a recent critic of his stimulus plan, to serve on a special panel advising him on economic policy. Feldstein will join an array of prominent CEOs and......Tags: Government, University of Chicago, Unions, National Government, Treaties
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Obama's Caterpillar case uncertain
The Swampby Christi Parsons and Peter Wallsten Even before the deal was completed in Congress, President Barack Obama on Wednesday said evidence had already turned up that his economic rescue plan would improve the lives of American workers. Three times during.......Tags: Illinois, Government, Corporate Officers, National Government, Barack Obama
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Flight limits over Obama's Chicago home
The Swampby John McCormick and Sara Olkon When Air Force One touches down Friday evening in Chicago, there will once again be a chance to see heavily armed motorcades and be surprised by unexpected appearances by the most famous and powerful......Tags: Government, Illinois, Midway Airport, Travel, National Government
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Options no guarantee of success
Tribune staff reporterIn a recent speech to corporate directors in Chicago, former Federal Reserve Chairman Paul Volcker asked: "How did we get compensation to the truly grotesque levels to which I think it has risen?" He answered: "What was going on was our good friend,...Tags: Illinois, Boeing Co., Gaming, Finance, Unitrin Incorporated
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Global economy strains loyalty in company town
Tribune staff reporterThis company town, an hour south of Indianapolis, has never shied from the future. At its heart, a rectangular bell tower rises high above the grid of tidy streets as if to remind the surrounding corn country that progress is just as important as...Tags: U.S. Environmental Protection Agency, Diesel Fuel, Wages and Pensions, James Henderson, Economic Policy
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From Indiana to India: Why 1 firm leapt
Tribune staff reporterWhen Cummins Inc., the diesel enginemaker based in Columbus, Ind., opened a product research center here recently, a Hindu priest set up a small shrine next to a new office cubicle and led employees in prayer. He lit sticks of incense and dipped...Tags: Texas Instruments Incorporated, U.S. Environmental Protection Agency, Intel Corp., Social Issues, Motorola, Inc.
Jul 9, 2007
|Story| Chicago Tribune
Dec 11, 2008
|Story| WPIX-LTV
Mar 18, 2009
|Story| WXIN-LTV
May 21, 2006
|Story| Chicago Tribune
Jan 22, 2006
|Story| Chicago Tribune
Feb 6, 2009
|Blog| Chicago Tribune
Feb 6, 2009
|Blog| Chicago Tribune
Feb 12, 2009
|Blog| Chicago Tribune
Feb 12, 2009
|Blog| Chicago Tribune
May 4, 2003
|Story| Chicago Tribune
Apr 4, 2004
|Story| Chicago Tribune
Apr 5, 2004
|Story| Chicago Tribune
Original site for Caterpillar Inc. topic gallery.