| Jul 10, 2014
The investment arm of Chicago's billionaire Crown family has thrown its weight behind a New York-based activist hedge fund in its calls for retailer PetSmart to sell itself, a rare public rebuke of a company the family invests in.
In a Monday letter...
| Jul 10, 2014
| 2:30 PM
2014 has been the year when the discussion of well-being has migrated from health and wellness magazines to business magazines.
Wellness, and how to integrate it into our work lives, has become the hottest topic in the business pages. And that should...
| Jul 6, 2014
| 8:57 AM
The housing market's recovery has lost some of its frenzy, but dynamics still at work in the market — a lack of inventory, short market times and worries about mortgage qualifications — are creating opportunities for companies eager to capture...
| Jul 10, 2012
Why aren't more people furious about the LIBOR scandal?
That's a question mostly being asked on the political left these days, and they're right to ask it.
Here are the basics: Barclays is the second-largest bank in Britain and one of the largest in the...
| Sep 29, 2013
| 2:30 PM
By Ilyce Glink and Samuel J. Tamkin
Q: I recently talked to Chase and Quicken Loans, and Quicken came back and said I could lower my monthly payment by $100 and go from a 5.75 percent to a 4.5 percent interest rate. The payment is only $100 cheaper a...
| Apr 25, 2014
Former Illinois Democratic gubernatorial candidate and White House chief of staff Bill Daley has joined a Swiss hedge fund, Argentiere Capital, as a managing partner and head of U.S. operations but will remain based in Chicago.
Daley, 65, said in an...
| Oct 20, 2013
| 5:00 AM
Nothing seems to get U.S. corporations' dander up like a threat to the pay and perks of their chief executives.
That's one explanation for corporate America's superheated, turbocharged, over-the-top reaction to the CEO pay ratio rule recently proposed...
| Sep 13, 2013
| 11:23 PM
There are two ways to think about how far we've come in protecting against a repeat of the financial meltdown five years ago that plunged the world into recession.
You can conclude that we've pretty much eradicated the risk of another such crisis. That'...
| Sep 6, 2013
| 9:08 PM
Dear Liz: My son is 12 and receives a regular monthly allowance that I've been giving to him in cash. I think it might be time for a checking account. I would like to teach him about using a debit card and not overdrawing his account. All the banks that I...
| Sep 26, 2013
| 5:01 PM
Holders of Chase bank's popular Sapphire credit card may be wondering why they'll soon be on their own when it comes to keeping fraudsters at bay.
"Please note that ID Theft Coverage will be canceled," Chase has notified Sapphire cardholders. "All...
| Sep 27, 2013
| 12:30 PM
To hear the media tell it, all eyes are on the fiscal cliff. Which side is compromising and which side isn't? Which side's numbers add up? How can votes in the House and the Senate be structured for maximum political gain? What will the deal ultimately...