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Investments

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Top Investments Articles

Displaying items 78-88
  • State's tax incentive overhaul advances amid Chamber criticism

    State's tax incentive overhaul advances amid Chamber criticism
    SPRINGFIELD — House Speaker Michael Madigan advanced a proposed overhaul of one of the state's special tax incentive programs Wednesday with an eye toward helping areas of high unemployment and poverty. But Doug Whitley, president of the...
  • Bedraggled Kentucky Kingdom theme park gets a multimillion-dollar redo

    Bedraggled Kentucky Kingdom theme park gets a multimillion-dollar redo
    In a place better known for bourbon, baseball bats and thoroughbred racing, Louisville's Kentucky Kingdom was once the state's top tourist destination. A decade later, the declining amusement park was shuttered and left for dead. Now the same man...
  • Donnelly concedes loss to Kashkari in gubernatorial primary

    Donnelly concedes loss to Kashkari in gubernatorial primary
    Republican gubernatorial candidate Tim Donnelly conceded defeat on Tuesday, as GOP rival Neel Kashkari won the right to challenge Gov. Jerry Brown in November. "Unfortunately the numbers don't lie," Donnelly told supporters at the Roosevelt Hotel in...
  • Bids pile up as Sterling rushes to sell

    Bids pile up as Sterling rushes to sell
    Los Angeles Clippers co-owner Shelly Sterling is mounting a hurried sale of the team she and her husband have owned for 33 years and could name a prospective new owner of the NBA franchise by the end of the week, a person familiar with the situation said....
  • Medical City still laying groundwork for spinoff businesses

    Medical City still laying groundwork for spinoff businesses
    It may take only seconds for cancer researchers at Lake Nona's Medical City to identify a tumor and pinpoint the best drug to treat it. It could take a decade, however, to spin off that kind of biomedical advance and create a profitable business...
  • Berlin Packaging may be up for sale

    Berlin Packaging may be up for sale
    Bahrain-based investment firm Investcorp Bank BSC is looking to sell Chicago-based Berlin Packaging LLC in a deal that could value the U.S. packaging distribution company at around $1.3 billion, according to people familiar with the matter. Investcorp...
  • Banks profit from fees paid by California welfare recipients

    SACRAMENTO — Millions of dollars in welfare benefits are ending up in banks' pockets each year when poor Californians access their taxpayer-funded benefits, according to state statistics and a report released Tuesday. Like many other states,...
  • Sprint to pay $7.5 million over failure to honor do-not-call requests

    Sprint to pay $7.5 million over failure to honor do-not-call requests
    Sprint will pay $7.5 million to resolve federal regulators' inquiry into its failure to honor consumers' requests that they not receive telemarketing calls or texts, the Federal Communications Commission said Monday.  The agreement between Sprint and...
  • Maryland Clean Energy Investor Buys $107M In Leases From Old Saybrook Firm

    An Old Saybrook company has sold a $107 million portfolio of land leases for wind power projects to a real estate investment trust based in Annapolis, Md. Hannon Armstrong Sustainable Infrastructure Capital, a renewable energy financing company, is...
  • Report: LaSalle Street tower sells for $850 million

    Report: LaSalle Street tower sells for $850 million
    Crain's Chicago Business is reporting: A California real estate investment firm is buying an office tower at 300 North Lasalle Street for $850 million, a Chicago record for price per square foot. Get the full story: Crain's Chicago Business
  • Jury takes 3 hours to convict Northbrook money manager of fraud

    Jury takes 3 hours to convict Northbrook money manager of fraud
    The onetime head of a well-connected Northbrook money management firm lowered his head and stared at the floor as he was convicted Tuesday on all counts for bilking clients of more than $500 million in what prosecutors believe was the largest fraud case...