| Dec 5, 2014
| 4:54 PM
The long-troubled south suburb of Harvey has agreed to let a federal court oversee how it borrows money and tracks its spending amid signs the FBI may be ramping up an investigation into a questionable insider deal that cost taxpayers millions.
| Dec 8, 2014
| 7:44 AM
Hampton Roads Bankshares Inc. agreed to pay $200,000 to settle charges that it accounted improperly for a deferred tax asset, causing it to understate losses and overstate capital strength in late 2009 and early 2010, the U.S. Securities and Exchange...
| Dec 8, 2014
| 12:57 PM
A former Newport Beach businessman who eluded authorities for more than a dozen years before being arrested living aboard a 58-foot yacht in Malaysia was sentenced Monday to 10 years in federal prison for running an Internet company that bilked hundreds...
| Dec 8, 2014
| 3:48 PM
Jack Utsick, the former major international concert promoter, was extradited back to South Florida from Brazil this weekend to face federal charges he ran a $300 million Ponzi scheme.
Utsick, 72, fled to Brazil in 2007 after the U.S. Securities and...
| Dec 9, 2014
| 1:21 PM
An investment in government-backed loans that burned an Illinois fund that manages taxpayer money was sold to clients as "essentially risk-free," according to a lawsuit filed in a federal court in Texas.
The suit is the first legal action against...
| Dec 10, 2014
| 7:51 AM
This is what stagnation looks like.
As of 2013, nearly 85 percent of the executive officers at the 50 largest publicly traded companies in Chicago were men. And 82 percent of the directors of those companies were men.
Continuing a four-year trend,...
| Nov 7, 2014
| 5:00 AM
Fresh from the world of high-stakes trading, David Vitale arrived at Chicago Public Schools a decade ago with a plan to transform the way it borrowed money.
With the district thirsty for cheap cash, plain old municipal bonds weren't good enough anymore,...
| Nov 14, 2014
| 4:00 PM
Tribune Media plans to trade on the New York Stock Exchange under the symbol TRCO, according to a filing with the Securities and Exchange Commission on Friday.
The amendment to the Form 10 registration, which was initially filed in September, includes...
| Nov 24, 2014
| 1:50 PM
Air Products' top boss is expanding the bet he has made on his own turnaround skills.
CEO Seifi Ghasemi upped his stake in the Trexlertown company last week, paying $3.2 million on the open market for 23,000 shares, according to a filing with the U.S....
| Dec 2, 2014
| 7:59 AM
Tribune Media is set to begin trading Friday on the New York Stock Exchange under the symbol TRCO.
The Chicago-based media company announced Tuesday it has received approval from the Securities and Exchange Commission to list its stock on the NYSE,...
| Nov 25, 2014
| 4:36 PM
Two years ago, Khandra Sears contracted malaria for the good of science. Two weeks ago, the 33-year-old postdoctoral fellow became a test subject in research to stop another scourge: Ebola.
She was injected with 100 billion particles of a chimpanzee...