southtownstar.suntimes.com http://southtownstar.suntimes.com Latest news from The Southtown Star Online en-us Wed, 28 Jul 2010 14:10:16 PDT webmaster@suntimes.com http://southtownstar.suntimes.com/csp/cms/sites/STM/assets/img/logos/southtownstar.gif Southtown Star logo http://southtownstar.suntimes.com 84 34 30 Copyright 2014 <![CDATA[ Stocks drift higher; S&P 500 holds on to 2,000 ]]>

Even in a daylong sideways drift, the Standard & Poor’s 500 index managed to eke out its third record close in three days. U.S. stocks ended essentially flat on Wednesday after spending much of the day wavering between tiny gains and losses. ]]> Wed, 27 Aug 2014 15:59:44 -0500 http://southtownstar.suntimes.com/business/29513687-420/stocks-drift-higher-sp-500-holds-on-to-2000.html http://southtownstar.suntimes.com/business/29513687-420/stocks-drift-higher-sp-500-holds-on-to-2000.html <![CDATA[ Northwestern, Cadence Health merger takes effect Sept. 1 ]]>

Effective Sept. 1, Northwestern Memorial HealthCare and Winfield-based Cadence Health will merge into one health system — one of the largest in the Chicago area, officials said Wednesday. ]]> Wed, 27 Aug 2014 14:47:50 -0500 http://southtownstar.suntimes.com/business/29514194-418/northwestern-cadence-health-merger-takes-effect-sept-1.html http://southtownstar.suntimes.com/business/29514194-418/northwestern-cadence-health-merger-takes-effect-sept-1.html <![CDATA[ Spiders force Suzuki to recall midsize cars ]]>

Suzuki is recalling more than 19,000 cars because spider webs can clog a fuel vapor vent hose in some 2010 to 2013 Kizashi cars, cutting off air flow. If that happens, it can cause the gas tank to deform, causing cracks, fuel leaks and possible fires. ]]> Wed, 27 Aug 2014 08:40:01 -0500 http://southtownstar.suntimes.com/business/29513602-420/spiders-force-suzuki-to-recall-midsize-cars.html http://southtownstar.suntimes.com/business/29513602-420/spiders-force-suzuki-to-recall-midsize-cars.html <![CDATA[ IMF chief Lagarde under investigation in France ]]> Lead story image

Christine Lagarde, the chief of the International Monetary Fund, was placed under official investigation for negligence in a French corruption probe that dates back to her days as France’s finance minister. ]]> Wed, 27 Aug 2014 07:28:01 -0500 http://southtownstar.suntimes.com/business/29512954-420/imf-chief-lagarde-under-investigation-in-france.html http://southtownstar.suntimes.com/business/29512954-420/imf-chief-lagarde-under-investigation-in-france.html <![CDATA[ Time Warner Cable says outages largely resolved ]]>

Time Warner Cable said Wednesday service was largely restored after a problem that occurred during routine maintenance caused a nationwide outage of its Internet service for hours. ]]> Wed, 27 Aug 2014 08:32:07 -0500 http://southtownstar.suntimes.com/business/29512920-420/time-warner-cable-says-outages-largely-resolved.html http://southtownstar.suntimes.com/business/29512920-420/time-warner-cable-says-outages-largely-resolved.html <![CDATA[ US durable goods orders surge record 22.6 percent ]]> Lead story image

Business orders for long-lasting manufactured goods shot up by the largest amount on record in July but much of the strength came from a huge surge in demand for commercial aircraft. Outside of transportation, orders actually fell. ]]> Tue, 26 Aug 2014 08:12:00 -0500 http://southtownstar.suntimes.com/business/29493705-420/us-durable-goods-orders-surge-record-226-percent.html http://southtownstar.suntimes.com/business/29493705-420/us-durable-goods-orders-surge-record-226-percent.html <![CDATA[ US consumer confidence near a 7-year high: survey ]]> Lead story image

U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains. The optimism suggests Americans will be more likely to spend in the months ahead, an important boost to the economy. ]]> Tue, 26 Aug 2014 10:34:01 -0500 http://southtownstar.suntimes.com/business/29495568-420/us-consumer-confidence-near-a-7-year-high-survey.html http://southtownstar.suntimes.com/business/29495568-420/us-consumer-confidence-near-a-7-year-high-survey.html <![CDATA[ US closes probe into Camry Hybrid brake problems ]]>

An eight-month investigation into brake problems with some older Toyota Camry gas-electric hybrids has been closed without a recall. ]]> Tue, 26 Aug 2014 10:28:01 -0500 http://southtownstar.suntimes.com/business/29495587-420/us-closes-probe-into-camry-hybrid-brake-problems.html http://southtownstar.suntimes.com/business/29495587-420/us-closes-probe-into-camry-hybrid-brake-problems.html <![CDATA[ Best Buy posts mixed results in 2Q ]]>

Best Buy’s fiscal second-quarter net income fell 45 percent, with sales weakening as shoppers continued their move to making purchases online. ]]> Tue, 26 Aug 2014 07:30:01 -0500 http://southtownstar.suntimes.com/business/29493293-420/best-buy-posts-mixed-results-in-2q.html http://southtownstar.suntimes.com/business/29493293-420/best-buy-posts-mixed-results-in-2q.html <![CDATA[ US probes Ford Explorer police SUV brake hoses ]]>

U.S. safety regulators are investigating a complaint that front brake hoses can fail on some Ford Explorer Police Interceptor SUVs. ]]> Tue, 26 Aug 2014 07:30:01 -0500 http://southtownstar.suntimes.com/business/29493284-420/us-probes-ford-explorer-police-suv-brake-hoses.html http://southtownstar.suntimes.com/business/29493284-420/us-probes-ford-explorer-police-suv-brake-hoses.html <![CDATA[ Ford adds workers, investment to back MKC output ]]>

Ford has beefed up its workforce and investment at a Kentucky plant to support production of its new Lincoln SUV as the automaker looks to reinvigorate its luxury brand. ]]> Mon, 25 Aug 2014 14:42:00 -0500 http://southtownstar.suntimes.com/business/29478513-420/ford-adds-workers-investment-to-back-mkc-output.html http://southtownstar.suntimes.com/business/29478513-420/ford-adds-workers-investment-to-back-mkc-output.html <![CDATA[ Call center to add 500 jobs ]]>

HOBART — Teleperformance, a customer service outsourcing company, announced Monday it’s hiring an additional 500 agents at its Hobart location within the next 30 to 45 days, bringing its total number of full- and part-time employees there to about 1,000. The Salt Lake City-based company also recently extended its lease at its NorthWind Crossings location at Marcella and 61st Avenue for another five years, expanded its break room and is expanding its parking lot to the south, which will result in a total of 550 to 600 parking spaces, said Scott Amo, director of operations for Teleperformance’s Hobart location. Amo … ]]> Tue, 26 Aug 2014 02:07:14 -0500 http://southtownstar.suntimes.com/business/29476238-420/call-center-to-add-500-jobs.html http://southtownstar.suntimes.com/business/29476238-420/call-center-to-add-500-jobs.html <![CDATA[ LG bets on pricey OLED technology as future of TVs ]]> Lead story image

LG Electronics Inc. announced two new giant OLED TVs with ultra-high definition screens Monday, sticking with its strategy of using the exceptionally expensive OLED display technology. A 65-inch model will cost nearly $12,000. ]]> Mon, 25 Aug 2014 07:34:00 -0500 http://southtownstar.suntimes.com/business/29472160-420/lg-bets-on-pricey-oled-technology-as-future-of-tvs.html http://southtownstar.suntimes.com/business/29472160-420/lg-bets-on-pricey-oled-technology-as-future-of-tvs.html <![CDATA[ Sony network hit by attack, exec’s flight diverted ]]>

Sony says its PlayStation Network service for video games was temporarily unusable after being flooded by an online attack. ]]> Mon, 25 Aug 2014 07:32:00 -0500 http://southtownstar.suntimes.com/business/29472162-420/sony-network-hit-by-attack-execs-flight-diverted.html http://southtownstar.suntimes.com/business/29472162-420/sony-network-hit-by-attack-execs-flight-diverted.html <![CDATA[ Economists say Fed is on ‘the right track’: survey ]]>

A majority of economists believe the Federal Reserve is doing the right things to help repair the U.S. economy, according to a survey released Monday by the National Association of Business Economists. The survey also showed that a vast majority of economists believe the U.S. economy is at little risk of inflation in the coming years. ]]> Mon, 25 Aug 2014 07:28:00 -0500 http://southtownstar.suntimes.com/business/29472173-420/economists-say-fed-is-on-the-right-track-survey.html http://southtownstar.suntimes.com/business/29472173-420/economists-say-fed-is-on-the-right-track-survey.html <![CDATA[ Roche to buy US biotech firm InterMune for $8.3B ]]>

Swiss pharmaceutical company Roche says it will buy a California-based developer of treatments for lung diseases, InterMune Inc., in a deal worth $8.3 billion. ]]> Sun, 24 Aug 2014 11:54:00 -0500 http://southtownstar.suntimes.com/business/29456261-420/roche-to-buy-us-biotech-firm-intermune-for-83b.html http://southtownstar.suntimes.com/business/29456261-420/roche-to-buy-us-biotech-firm-intermune-for-83b.html