| Jun 2, 2014
| 11:58 AM
Thirty-three Illinois companies made the 2014 Fortune 500 list, Fortune magazine’s annual ranking of the top 500 corporations by gross revenue after adjustments and excise taxes.
The figure is up from 32 companies that landed on the 2013 list...
| May 31, 2014
| 2:26 PM
If golf star Phil Mickelson is concerned by a federal probe into possible insider trading involving him, billionaire investor Carl Icahn and Las Vegas gambler William Walters, he did not show it on Saturday.
As he hit a few practice balls before his...
| May 2, 2014
| 7:58 AM
The Dow Jones industrial average hit a new record in early trading Friday before later reversing course and suffering a modest decline.
The blue-chip indicator rose more than 60 points early on to notch its second record high in the last three days...
| Mar 31, 2014
| 3:42 PM
Oil and natural gas giant Exxon Mobil said fossil fuels will continue to meet a vast portion of the world's energy needs in coming decades.
The Irving, Texas, company said in a report it issued Monday that the global appetite for oil and gas will stay...
| Mar 19, 2014
| 8:24 AM
With a new book coming out slagging Apple CEO Tim Cook for not being Steve Jobs (it's called "Haunted Empire"--get it?), you should expect lots of specious comparisons of the reigns of the two Apple chieftains to reach the popular press.
| Mar 13, 2014
Rick Perry is coming back to town.
The Texas governor will be in Los Angeles next week to try to persuade local corporations to relocate to the Lone Star State. This is his third swing through the Southland since last year, and Texas this time around...
| Feb 20, 2014
| 11:56 AM
More than one in four Americans are so afraid of missing work that they head into the office even when sniffling and sneezing, a study says.
Many are worried about falling behind on their jobs, missing pay or facing the wrath of bosses who expect them...
| Feb 19, 2014
| 3:14 PM
Federal officials have announced the approval of two solar projects on public land in California and Nevada.
The projects are expected to generate about 550 megawatts of renewable energy, or enough to power about 170,000 homes, the Interior Department...
| Feb 19, 2014
| 2:54 PM
Safeway Inc. said Wednesday it is in talks about potentially selling itself, finally addressing buyout rumors that began last year after the grocery giant deflected a takeover bid.
The Pleasanton, Calif., company, which operates the Vons and Pavilions...
| Feb 14, 2014
| 10:43 AM
Occidental Petroleum, the longtime Los Angeles-based energy giant, announced Friday that it would move its headquarters to Houston and spin off its California assets into a separate company.
The latest move is part of the company's strategic overhaul as...
| Feb 12, 2014
| 1:39 PM
The Bank of England sought Wednesday to assure markets and businesses it won't raise its key interest rate any time soon despite a faster-than-expected decline in Britain's jobless rate.
The central bank previously said it would consider raising its...