Soon after arriving for work on the trading floor of the Chicago Mercantile Exchange early Wednesday, Patrick Trucco pulled out a $20 bill. It was a payoff for a bad...
In one of its most dramatic strategic moves since filing for bankruptcy, United Airlines will boost its presence internationally, particularly in Asia, in hopes of returning the company to profitability....
Banks have been stuffing statements and filling their Web sites with the warning that Check 21 is coming and customers need to be prepared. The Check 21 Act goes into...
Profits have fallen slightly at community banks in Illinois, the result of competing with larger institutions, said a report Thursday from the Federal Deposit Insurance Corp. Non-interest expenses for the...
The successive storms that have battered the Southeast are likely to boost insurance premiums in hurricane-prone areas, according to a new analysis by Fitch Ratings. In an average year, there...
The Chicago Climate Exchange is planning a futures exchange for carbon dioxide emissions and creating a new cash market for sulfur dioxide allowances. The new sulfur market could launch by...
The Chicago Climate Exchange will team up with the International Petroleum Exchange to create a new futures market in Europe for greenhouse gas emissions. The European Climate Exchange will provide...
Charles Harris wiped tears from his eyes, looked straight at one of his friends and apologized for lying about the value of the commodity pool he oversaw. This scene was...
After the sale of Bank One Corp., several lawsuits were filed by J.P. Morgan Chase & Co. shareholders arguing that the bank overpaid for Bank One. If Bank One's own...
Metropolitan Bank Group, one of the largest community bank owners in the Chicago area, will acquire Tinley Park-based Allegiance Community Bank, the second purchase Metropolitan has announced in recent months....