Charles Storch

Chicago area shoppers probably won`t see Alan R. Anderson on television campaigning for his department store in the style of Bernard F. Brennan of Montgomery Ward & Co. ''Lee Iacocca...

Carson Pirie Scott & Co. has fallen victim to the latest fashion in retailing, takeovers among department store chains, as the old-line Chicago company Monday accepted a $453 million offer...

The novelty is fading on Philip Morris Cos. Inc.`s $12.9 billion purchase of Kraft Inc.-Chicago`s biggest takeover-and the subsequent merger of Kraft and General Foods Corp. Now, as the saying...

Philip Morris Cos. has pulled $12.9 billion out of its tobacco pouch and bet it on an audacious experiment in corporate fusion. Philip Morris paid that amount last December to...

The New Jersey Division of Gaming Enforcement may decide as early as next week whether to recommend that Drexel Burnham Lambert Inc. be suspended from doing business with owners of...

The FBI launched the most sweeping investigation ever of Chicago`s futures exchanges after a Downstate agricultural conglomerate complained it was being victimized by corrupt traders, according to sources familiar with...

Southwestern Bell Corp. said Thursday it decided to ''cut its losses'' and withdraw from the telephone directory publishing business in the Chicago, New York and Tampa areas. Laura Bryant, a...

Debt, like hanging, concentrates the mind. That`s a popular phrase on Wall Street these days as takeover artists seek to rationalize the new heights to which debt-financed corporate takeovers and...

A federal judge in Chicago has struck down as unconstitutional a Wheaton ordinance regulating the placement of newspaper vending machines and banning them in residential areas. The opinion, issued Friday...

British publisher Robert Maxwell, all but counted out in the battle for Macmillan Inc., topped all bids Thursday for that publishing and information services company with an offer of about...