| 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...
| Jun 3, 2014
| 12:17 PM
A pickup in offshore drilling is swelling the order books of the handful of helicopter operators that shuttle oil workers to and from remote rigs. Their stock prices, depressed after Big Oil's recent spending cuts, could also be readying for take-off....
| Jun 9, 2014
| 12:46 PM
The ride-sharing app company Uber last week raised $1.2 billion in venture capital on terms that valued the company at $17 billion. As Will Oremus at Slate.com observed, that's almost as much as Hertz and Avis combined.
It's more plausible to see Uber's...
| 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 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...
| 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.
| Sep 14, 2013
| 1:53 PM
The Bethlehem man was seething over last Sunday's discussion of two gubernatorial candidates, incumbent Republican Gov. Tom Corbett and a top challenger, Congresswoman Allyson Schwartz, a Democrat from Montgomery County.
On previous occasions, I had...
| Sep 30, 2013
| 8:46 AM
Coca-Cola fizzled in 2013, falling two spots from its ranking as the world's most valuable brand, according to a closely watched report released Monday.
Coca-Cola was replaced by Apple in the 2013 report by Interbrand, a brand consulting company owned...
| Sep 30, 2013
| 11:13 AM
National gas prices fell 19 cents in September, the largest drop since October 2012, AAA said Monday, and if the downward trend continues, gas prices could drop an additional 30 cents by Christmas.
The U.S. average gas price is now at $3.40 a gallon,...
| Nov 15, 2013
| 8:30 AM
Warren Buffett's Berkshire Hathaway bought a $3.45-billion stake in Exxon Mobil in the third quarter, the company's largest investment since it invested $10.7 billion in IBM two years ago, according to a regulatory filing late Thursday.