Oil price worries tanking
Fears of superhigh-priced oil, including petroleum reaching $100 a barrel, are receding, at least for now, as crude's cost continues to plunge. Petroleum prices started falling last autumn and have...
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Electricity rate hike faces last-ditch fight
With lawmakers returning to the Capitol on Sunday, House Speaker Michael Madigan will try to turn back new, higher electric rates before the bills hit customers' mailboxes. Madigan's proposal to...
Senate OKs gulf drilling
For 25 years, Congress has barred oil companies from drilling in U.S. coastal waters. During that time, it had been considered virtually taboo for politicians from affected states to call...
ComEd gets tiny fee raise
The increase in delivery fees that Commonwealth Edison will charge electric users will be invisible on their bills early next year, after state regulators awarded the utility practically nothing on...
Aggressive trading vs. manipulation
Legal experts say it is fine for commodity traders to make all the money they can--right up to the point where their trading dictates the prices, as regulators allege BP...
Crockpot full of tips for heating up Kraft
Irene Rosenfeld spent her first day in her job as chief executive of Kraft Foods Inc., the nation's largest food manufacturer, meeting with employees and reacquainting herself with the company...
Olympic panel has a plan
Chicago officials considering a bid for the 2016 Olympics promised soon to reveal an "elegant solution" for the venue needed to accommodate opening and closing ceremonies, as they disclosed the...
Tribune board returns the fire
Tribune Co.'s independent directors fired back at the Chandler family Thursday, accusing the super-rich California clan of putting their own financial interests head of other shareholders. In a letter signed...
Tribune board returns the fire
Tribune Co.'s independent directors fired back at the Chandler family Thursday, accusing the super-rich California clan of putting their own financial interests head of other shareholders. In a letter signed...
Tribune board returns the fire
Tribune Co.'s independent directors fired back at the Chandler family Thursday, accusing the super-rich California clan of putting their own financial interests head of other shareholders. In a letter signed...