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Facebook investors to cash out more shares

Insiders and early Facebook investors will be unloading more of their shares in the initial public offering, the company said Wednesday, as they take advantage of investor demand.

FTC: Skechers deceived consumers with shoe ads

Skechers USA Inc. has agreed to pay $40 million to settle allegations it made unfounded claims about its Shape-ups shoes.

Groupon, Facebook carry risks, say analysts

The buzz surrounding Groupon and the frenzy over Facebook grow as they promise to change the face of Internet commerce. Yet, even after the share price’s bounce on its earnings, some analysts point to warning signals that should temper the growing exuberance both are enjoying.

Sears to leave Lincoln Mall

Sears to close Lincoln Mall store next month; sale of struggling Matteson shopping center set for June 1.

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Schilling building in Mokena

Briefly: Schilling Lumber to double size of Mokena warehouse, grand opening for Orland Hills OTB.

Many employers plan a typical day at the office during NATO Summit

For some it’s an opportunity to work from home in their PJs. For others, it will translate into free lunch and paid time off. For many, it’s still a question whether they’ll work in the office or at home during the NATO summit. But most employers contacted by the Chicago Sun-Times said their workers can expect a typical day at the office, despite transportation headaches, protesters and stepped-up security.

Merchandise heir Field speaks to Will County Community Foundation

BOLINGBROOK — The Will County Community Foundation’s professional adviser event brought Marshall Field V, the great-great-grandson of merchandising king Marshall Field, to Bolingbrook, where Mayor Roger Claar welcomed him. Ed Dollinger, founding director of The Will County Community Foundation and chairman of the Professional Adviser …

Dow Jones average continues a two-week slide

Europe’s latest political impasse cast a gloom over financial markets Tuesday. The euro plunged, and the Dow Jones industrial average extended a slide that has wiped out nearly 5 percent of its value in two weeks. The markets meandered between gains and losses for much of the day, then turned decisively lower in the last hour of trading.

Mr. Tightwad’s daily deal: Promo codes for cheaper Redbox rentals

Mr. Tightwad’s so cheap, he never pays full price for a movie rental.

And Mr. T gives a big thumbs up to Redbox for helping him out. Through May 22, they’re running a “Ten Days of Deals” promotion. All you have to do is text …

Facebook just a passing fad?

Half of Americans think Facebook is a passing fad, according to the results of a new Associated Press-CNBC poll. And, in the run-up to the social network’s initial public offering of stock, half of Americans also say the social network’s expected asking price is too …

Altered pumps give ‘free’ gas in Chicago Heights

A Chicago Heights gas station gave out about 2,900 gallons of free gasoline between April 21 and May 5, but the giveaway wasn’t a promotion. Rather, it was a result of tampering at five of the station’s pumps, according to police. They said the pumps …

Zuckerberg’s birthday kicks off Facebook’s biggest week ever

Facebook’s chief executive turns Mark Zuckerberg turns 28 on Monday, setting in motion the social network’s biggest week ever. The company is expected to start selling stock to the public for the first time and begin trading on the Nasdaq Stock Market on Friday. The IPO could value Facebook at nearly $100 billion.