Deere profit falls, cuts forecast
Deere & Co. on Wednesday cut its forecast for the year after reporting third-quarter income that fell 15 percent on weaker sales of its iconic farm equipment. Net income in...
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SEIU stops collecting fees from non-member home health workers
Various chapters of the Service Employees International Union have stopped collecting fees from home care workers who are not union members, a move that exemplifies the broader implications of a...
Illinois ranked 3rd-cheapest state for drivers
It may not feel like it to Chicago-area drivers, but Illinois is the third least expensive state to operate a vehicle, according to a study released Monday by personal finance...
Environmentalists say NRG plan doesn’t go far enough
Environmentalists expressed frustration with NRG Energy's pollution reduction plan announced Thursday, saying it didn't go far enough.NRG Energy said it will cease coal operations at one generating unit in Romeoville...
Gov. Quinn signs payroll cards bill into law
Gov. Pat Quinn signed into law on Wednesday a bill that allows employers to use payroll cards as long as they don't make them a condition of employment. "We don't...
Chicago manufacturing ‘punching below its weight,’ report says
Metro Chicago lags behind many counterparts nationwide in the recovery of its manufacturing sector as well as the exports it fuels, a serious deficit as the city reaches for a...
ITW narrows full-year expectations; 2Q tops views
Industrial conglomerate Illinois Tool Works on Tuesday narrowed its full-year profit expecttions and reported second-quarter earnings that beat analysts' expectations. ITW said it now expects full-year earnings from continuing operations,...
Caterpillar 2Q profit climbs despite falling sales
Construction and mining equipment maker Caterpillar Inc. on Thursday reported higher-than-expected second-quarter earnings despite a dip in sales. Peoria-based Caterpillar said net income climbed 4 percent to $999 million, or...
Caterpillar dealer sales slip 10 percent worldwide
Construction and mining equipment maker Caterpillar Inc. said Wednesday that dealer machinery sales fell 10 percent worldwide for the three months that ended in June. That was a slightly slower...
Michelin to lease distribution center in Wilmington
Illinois and the city of Wilmington have assembled a slew of incentives — valued at more than $2.5 million — for a mammoth warehouse and distribution center and to convince...