Post-Tribune http://posttrib.suntimes.com Latest news from Post-Tribune Online en-us webmaster@suntimes.com (Editor) http://posttrib.suntimes.com/csp/cms/sites/STM/assets/img/logos/posttrib.gif Post-Tribune http://posttrib.suntimes.com 84 34 30 Copyright 2014 <![CDATA[ Stocks rally; S&P 500 has best day of 2014 ]]> Lead story image

The U.S. stock market marched higher Tuesday, giving the Standard & Poor’s 500 index its best day of the year. ]]> Tue, 21 Oct 2014 16:14:23 -0500 http://posttrib.suntimes.com/business/30564973-420/stocks-rally-sp-500-has-best-day-of-2014.html http://posttrib.suntimes.com/business/30564973-420/stocks-rally-sp-500-has-best-day-of-2014.html <![CDATA[ McDonald’s CEO outlines changes as sales slide ]]> Lead story image

McDonald’s CEO Don Thompson said Tuesday the company hasn’t been keeping up with the times and that changes are in store for its U.S. restaurants. ]]> Tue, 21 Oct 2014 11:16:18 -0500 http://posttrib.suntimes.com/business/30563438-420/mcdonalds-ceo-outlines-changes-as-sales-slide.html http://posttrib.suntimes.com/business/30563438-420/mcdonalds-ceo-outlines-changes-as-sales-slide.html <![CDATA[ Staples investigating possible data breach ]]>

Staples is looking into a potential credit card data breach and has been in touch with law enforcement officials about the issue. ]]> Tue, 21 Oct 2014 07:36:00 -0500 http://posttrib.suntimes.com/business/30563446-420/staples-investigating-possible-data-breach.html http://posttrib.suntimes.com/business/30563446-420/staples-investigating-possible-data-breach.html <![CDATA[ Verizon misses Street 3Q forecasts ]]>

Verizon Communications Inc. on Tuesday reported earnings of $3.7 billion in its third quarter. ]]> Tue, 21 Oct 2014 07:34:01 -0500 http://posttrib.suntimes.com/business/30563484-420/verizon-misses-street-3q-forecasts.html http://posttrib.suntimes.com/business/30563484-420/verizon-misses-street-3q-forecasts.html <![CDATA[ American, US Airways complete cargo combination ]]>

American Airlines and US Airways say they have finished combining their cargo operations. ]]> Mon, 20 Oct 2014 12:08:01 -0500 http://posttrib.suntimes.com/business/30549528-420/american-us-airways-complete-cargo-combination.html http://posttrib.suntimes.com/business/30549528-420/american-us-airways-complete-cargo-combination.html <![CDATA[ Whole Foods tries national ads for first time ]]>

The nation’s largest natural and organic chain on Monday announced plans to roll out its first national advertising campaign. The move comes at a time when the chain is facing slowing growth and increasing competition from the likes of Safeway and Walmart, even as its stock has fallen. ]]> Mon, 20 Oct 2014 08:42:00 -0500 http://posttrib.suntimes.com/business/30544949-420/whole-foods-tries-national-ads-for-first-time.html http://posttrib.suntimes.com/business/30544949-420/whole-foods-tries-national-ads-for-first-time.html <![CDATA[ Halliburton tops Street 3Q forecasts ]]>

Halliburton Co. on Monday reported profit of $1.2 billion in its third quarter. ]]> Mon, 20 Oct 2014 08:32:00 -0500 http://posttrib.suntimes.com/business/30544960-420/halliburton-tops-street-3q-forecasts.html http://posttrib.suntimes.com/business/30544960-420/halliburton-tops-street-3q-forecasts.html <![CDATA[ Pay raises rarer despite strong US hiring: survey ]]>

U.S. businesses were much less likely to boost pay in the third quarter than in previous months, even as hiring remained healthy, a sign that wage gains may remain weak in the coming months. ]]> Mon, 20 Oct 2014 08:30:00 -0500 http://posttrib.suntimes.com/business/30544951-420/pay-raises-rarer-despite-strong-us-hiring-survey.html http://posttrib.suntimes.com/business/30544951-420/pay-raises-rarer-despite-strong-us-hiring-survey.html <![CDATA[ Yellen: Greatly concerned by widening inequality ]]> Lead story image

WASHINGTON — Federal Reserve Chair Janet Yellen sounded an alarm Friday about widening economic inequality in the United States, suggesting that America’s longstanding identity as a land of opportunity was at stake. The growing gap between the rich and everyone else narrowed slightly during the Great Recession but has since accelerated, Yellen said in a speech at a conference in Boston on economic opportunity. And robust stock market returns during the recovery helped the wealthy outpace middle-class America in wages, employment and home prices. “The extent and continuing increase in inequality in the United States greatly concerns me,” Yellen said. … ]]> Sun, 19 Oct 2014 16:05:51 -0500 http://posttrib.suntimes.com/business/30536025-420/yellen-greatly-concerned-by-widening-inequality.html http://posttrib.suntimes.com/business/30536025-420/yellen-greatly-concerned-by-widening-inequality.html <![CDATA[ Microsoft CEO launches diversity training effort ]]> Lead story image

SAN FRANCISCO — Still working to repair damage caused by his gaffe about women seeking pay raises, Microsoft CEO Satya Nadella has again apologized to employees and announced in a company-wide memo that all workers will receive expanded training on how to foster an inclusive culture. Microsoft’s female employees in the United States earn 99.7 percent of what men earned in similar positions last year, Nadella said in a new memo to workers this week. He suggested that such slight variations are not unusual for “any particular group,” but he added that he wants to increase the numbers of women … ]]> Sun, 19 Oct 2014 15:58:01 -0500 http://posttrib.suntimes.com/business/30535749-420/microsoft-ceo-launches-diversity-training-effort.html http://posttrib.suntimes.com/business/30535749-420/microsoft-ceo-launches-diversity-training-effort.html <![CDATA[ Business briefs for Oct. 20 ]]>

Technology Trends Presentation: A presentation titled “Incorporating Emerging Technology Trends to Increase your Sales and Profitability” is set for 8 to 9 a.m. Wednesday at First Financial Bank’s banking center, 11890 Broadway, Crown Point. The presenter will be Luke Weinman IV, chief technology officer of the South Shore Convention & Visitors Authority. The event is free. There will be networking opportunities and refreshments. RSVP by emailing Judith.mariola@bankatfirst.com. Sports Grants: Buffalo Wild Wings recently awarded a $3,000 grant to Boys & Girls Clubs of Porter County in support of its ALL STARS Organization-Wide Flag Football League, the clubs’ flag football program. … ]]> Mon, 20 Oct 2014 02:04:05 -0500 http://posttrib.suntimes.com/business/30378481-420/business-briefs-for-oct-20.html http://posttrib.suntimes.com/business/30378481-420/business-briefs-for-oct-20.html <![CDATA[ AM General laying off 60 from Indiana factory ]]>

AM General is laying off about 60 workers from the northern Indiana factory where it builds military vehicles. ]]> Thu, 16 Oct 2014 08:00:01 -0500 http://posttrib.suntimes.com/business/30474244-420/am-general-laying-off-60-from-indiana-factory.html http://posttrib.suntimes.com/business/30474244-420/am-general-laying-off-60-from-indiana-factory.html <![CDATA[ UnitedHealth tops 3Q expectations, raises forecast ]]> Lead story image

UnitedHealth Group’s third-quarter earnings inched up 2 percent but that was enough to help the nation’s largest health insurer trump Wall Street expectations and raise its 2014 forecast for the first time this year. ]]> Thu, 16 Oct 2014 07:44:01 -0500 http://posttrib.suntimes.com/business/30474047-420/unitedhealth-tops-3q-expectations-raises-forecast.html http://posttrib.suntimes.com/business/30474047-420/unitedhealth-tops-3q-expectations-raises-forecast.html <![CDATA[ Chrysler recalling nearly 907,000 cars, SUVs ]]>

Chrysler is recalling nearly 907,000 Chrysler, Dodge and Jeep SUVs and cars for failing alternators and heated power mirrors that can cause minor fires. ]]> Thu, 16 Oct 2014 07:44:01 -0500 http://posttrib.suntimes.com/business/30474039-420/chrysler-recalling-nearly-907000-cars-suvs.html http://posttrib.suntimes.com/business/30474039-420/chrysler-recalling-nearly-907000-cars-suvs.html <![CDATA[ Barbie’s star fades, dragging down Mattel in 3Q ]]>

Mattel’s got girl problems and her name is Barbie. Sales of the iconic doll continue to slide and a surprising drop in sales of its American Girl toys could become another headache for the toy company as it heads into the crucial holiday season. ]]> Thu, 16 Oct 2014 07:42:01 -0500 http://posttrib.suntimes.com/business/30474063-420/barbies-star-fades-dragging-down-mattel-in-3q.html http://posttrib.suntimes.com/business/30474063-420/barbies-star-fades-dragging-down-mattel-in-3q.html