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Former Chicago White Sox catcher A.J. Pierzynski has put his five-bedroom Lincoln Park home on the market, a little more than a week after announcing he was leaving the South Siders for the Texas Rangers.
(AP) — Efforts taken to keep a crucial stretch of the drought-starved Mississippi River open to barge traffic should be sufficient to avert a shipping shutdown that the industry fears is imminent, Army Corps of Engineers and Coast Guard officials said Friday.
(AP) — The Standard & Poor's 500 index is closing at its highest level in five years as the stock market extends a New Year's rally.
(AP) — U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during tense fiscal cliff negotiations in Washington.
(AP) — Illinois Gov. Pat Quinn and the Democratic House speaker have agreed to forgo the dicey issue of local schoolteachers' retirement costs in order to approve a fix for the state's $96 billion pension deficit.
(AP) — The Bolingbrook company said Friday its overall holiday sales increased 23.2 percent over the prior year as shoppers bought more high-end skincare and cosmetics. Another closely-watched retail revenue metric rose just over 7 percent.
Candy and snacks giant Mondelez International will consolidate U.S. media-planning and -buying duties with Publicis Groupe's MediaVest, while giving Aegis Group more international strategic responsibilities.
A venture that owns nine units in a West Loop condominium building has filed for bankruptcy protection to beat back a lender trying to foreclose on the properties.
Matthew Campbell, CEO of Northbrook-based MedProperties Group, aims to double his firm's portfolio of medical office buildings this year, despite concerns over health care reform and the federal budget deficit.
News that a Michigan Avenue property owner sought refuge in Bankruptcy Court, blocking a $24.8-million foreclosure, makes the list.
(AP) — An important revenue measurement slid more than analysts expected in December, even though prescription counts continued to recover for the nation's largest drugstore chain since the resolution of a contract dispute.
Exelon's retail power sales unit was a distant runner-up to Integrys, the winner of the city's contract to provide electricity to its nearly 1 million households and small businesses.
(AP) — The effort to quickly make Illinois the 10th state in the nation to legalize gay marriage bogged down Thursday when the bill's Democratic supporters backed off plans to hold a full Senate vote on it.
The two biggest hedge funds led by Citadel LLC CEO Ken Griffin posted returns of about 26 percent as of the end of the year, compared with 2011 yearend results, significantly outpacing the average worldwide 2012 hedge fund return of 5.5 percent, Crain's reports.
(AP) — Boat company Brunswick Corp. said that it is putting its Cabo and Hatteras brands up for sale to focus on its yacht business, which includes the remaining Sea Ray and Meridan Yachts brands.
(AP) — The Illinois Senate approved excluding some workers from joining collective-bargaining units. But Sen. Don Harmon used a technical procedure to keep it from going to a supportive Gov. Pat Quinn.