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Customers' pique may decide cable, phone firms' battle
From a technical viewpoint, it is way easier for a cable TV system to add phone service to its system than it is for a telecom carrier to add video, which gives cable operators an edge in their drive to win residential customers away from phone companies....Tags: Management Change, General Electric Company, Google Inc., CFI Incorporated, Television
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Customization could aid survival of telecom's little guys
In telecom, the big get bigger and equipment manufacturing is going global. So, is there any room left for smaller players, especially minorities and women? Those questions were raised by industry insiders as part of NXTcomm, the giant telecom trade show...Tags: McCormick Place, Cisco Systems Inc., Apple iPod, Science and Technology, Motorola, Inc.
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Local stocks rise above tumult
Tribune staff reporterAmid rising investor nervousness, volatility and turmoil in debt markets stemming from defaults on subprime mortgages, Chicago-area stocks managed to largely hold their own over the last three months. Perhaps surprisingly, there were only a dozen...Tags: Caterpillar Inc., Equity Residential, CNA Financial Corporation, Investments, McDonald's
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Global leaders rack up growth
Tribune staff reporterSearch company name or ticker symbol Just when things were going along swimmingly for the stock market, investors were hit by the inflation shudders. Fears that sky-high prices for oil, copper, gold and other commodities would spread to the rest of...Tags: Caterpillar Inc., Investments, McDonald's, Illinois, LaSalle Bank
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Tellabs to cut 1,000 jobs, close manufacturing plant
Tribune staff reporterTellabs Inc. will trim about 1,000 jobs, or 12 percent of its workforce, the firm said Thursday as it filled in the details of a previously announced plan to shave operating costs. Most of the jobs are related to the manufacturing of the Lisle-based...Tags: Unemployment, Budgets and Budgeting, Illinois, Science and Technology, Employees
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Options no guarantee of success
Tribune staff reporterIn a recent speech to corporate directors in Chicago, former Federal Reserve Chairman Paul Volcker asked: "How did we get compensation to the truly grotesque levels to which I think it has risen?" He answered: "What was going on was our good friend,...Tags: Colleges and Universities, Caterpillar Inc., McDonald's, Work Relations, Illinois
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Winners scarce among big area firms
Tribune staff reporterChicago-area stocks have not gotten off to a particularly good start in 2003. As market benchmarks look to break the first three-year losing streak since World War II, the biggest local companies endured a rocky first quarter, with a few, mostly limited,...Tags: Equity Residential, CNA Financial Corporation, Intel Corp., Hewitt Associates, Medical Services
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Cashing in coming and going
Tribune staff reporterLast year, Timothy Callahan got it coming and going. In April, he resigned as chief executive of Chicago-based Equity Office Properties Trust, receiving "separation pay" of $1.65 million, roughly equal to a year's salary and bonus, plus accelerated...Tags: Illinois, Motorola, Inc., Employment, Allstate Corp., Abbott Laboratories
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'Been there, done that' kind of advice for Charlie Bell
The leadership transition at McDonald's Corp. was about as seamless as it gets. But new Chief Executive Charlie Bell still faces significant challenges, even though he inherited a company in the midst of a turnaround. Bell, 43, has never held a top...Tags: Tyco International Limited, Obesity, McDonald's, General Electric Company, Chicago Tribune
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Company had established a plan for CEO succession
Tribune staff reporterMonday's events at McDonald's Corp. are a wake-up call for companies without second-in-command executives. Most corporate boards have contingency plans for the sudden death or disability of a chief executive, such as tapping a senior board member as...Tags: Tyco International Limited, The Home Depot, Brunswick Corp., McDonald's, Wal-Mart Stores, Inc.
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Some new realities await opening bell at exchanges
Tribune markets columnistStock prices face potentially sharp adjustments to new global economic realities as soon as trading resumes. Trading has been frozen since last Monday, but investor sentiment toward equities has ebbed and flowed with each news headline. Generally,...Tags: Air Transportation Industry, CNA Financial Corporation, Pactiv Corporation, Northern Trust Corporation, McDonald's
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Area braces for United news
Tribune staff reporterUnited Airlines' expected bankruptcy would be a painful jolt to the Chicago area's already tender economy, potentially affecting everything from school district revenues to charity to a pizza parlor's takeout business. Two years of stagnation have made...Tags: Colleges and Universities, DePaul University, Politics, Companies and Corporations, McDonald's
Aug 13, 2007
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Aug 23, 2001
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May 4, 2003
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May 4, 2003
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Apr 29, 2004
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Apr 20, 2004
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Sep 16, 2001
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Dec 6, 2002
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