The Downers Grove Sun :: Business ::

Is recession finally over? Possibly

Fri, 30 Oct 2009 04:00 CST

The economy accelerated last quarter. But is it driving off a cliff? The car comparison is apt, because economists believe the third-quarter improvement in the nation's Gross Domestic Product depended heavily on the "cash for clunkers" program. The tax credit for first-time home buyers also had a role.

Falling dollar a bogus crisis

Sun, 18 Oct 2009 04:00 CST

The dollar is falling and can't get up, and President Obama is to blame. This is the chorus from economic blogs and conservative critics, but is it true?

Wal-Mart goes big on plus-sizes

Sun, 18 Oct 2009 04:00 CST

Hanesbrands Inc., the maker of Hanes underwear and the Wonder Bra, is getting twice as much space in more than 3,500 Wal-Mart stores to offer more clothing choices for the plus-size women who shop there.

Dow tops 10,000 for first time this year

The Associated Press — Wed, 14 Oct 2009 12:30 CST

The Dow Jones industrial average is back above 10,000 for the first time in a year.

US Supreme Court will hear appeal of Enron's chief

The Associated Press — Tue, 13 Oct 2009 04:00 CST

The U.S. Supreme Court will consider throwing out the convictions of former Enron Chief Executive Officer Jeff Skilling for his role in the collapse of the one-time energy giant. The court said Tuesday it will hear Skilling's appeal of lower court rulings that upheld all 19 of his 2006 convictions of conspiracy, securities fraud, insider trading and lying to auditors involving the 2001 collapse of Enron.

Data and contacts vanish from Sidekick phones

By PETER SVENSSON The Associated Press — Tue, 13 Oct 2009 00:01 CST

Owners of Sidekick phones may have lost all the personal information they put on the device, including contact numbers, because of a failure of servers that remotely stored the data. The incident is a reminder of the dangers of trusting a single provider to safeguard information.