Chicago Business News for December 5, 2012

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Making Indian food as American as apple pie

Former TV reporter Anupy Singla's frustration with her old spice box led to a product now sold in Williams-Sonoma and two top-selling cookbooks.

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A county-level look at where Illinois' most vulnerable residents live

The 2010 Census shows that childhood poverty outpaces poverty in the overall population in many state counties.

Judge's ruling boosts possible DePaul McPier arena

A bankruptcy judge today dealt a blow to a plan for a key hotel development next to McCormick Place, an action that could help clear the way for a new basketball arena for the DePaul Blue Demons.

Boeing 787 suffers two bruising days of problems

(Reuters) — Airlines flying Boeing Co.'s new 787 Dreamliners need to take extra steps to ensure the planes don't have engine failures or fires because of a manufacturing fault in the fuel line, a U.S. regulator said Wednesday.

ICC approves ComEd smart meter delay

The Illinois Commerce Commission today agreed to ComEd's request to delay installing smart meters in its service territory until 2015.

Navigant buys AFE Consulting

The Chicago-based consultant says the deal strengthens its presence in New York and the San Francisco Bay Area.

Data center proposed for McCormick Place building

Officials are courting firms interested in building and operating more than 280,000 square feet of data storage space in Lakeside Center, the oldest building in the complex.

In brief: Baxter's Gambro buy called good use of offshore cash

Also, the Gambro acquisition is not without challenges, and expansion into Europe is a question.

Morning 10: 40 Under 40 lessons | Oscar maker layoffs | Giving Tuesday

Crain's reviews the star-studded list of previous classes of 40 Under 40. From the inaugural class in 1989, with members David Axelrod and Oprah Winfrey, the list has included people who have shaped the city. Read their stories here.

Buying suburban apartments? He's game

San Francisco-based investor Morton Friedkin has agreed to buy two Bloomingdale properties totaling 702 units, and he plans to keep gobbling up units here.

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Oscar manufacturer laying off workers

Chicago company R.S. Owens & Co. Inc, known for manufacturing the Oscar and Emmy awards, plans to shed employees a month after a little-noticed acquisition.

Walgreen's same-store sales fall, miss expectations again

(AP) — The introduction of generic drugs continued to squeeze revenue for the nation's largest drugstore chain.

Former home of Michael Jordan's Restaurant for sale

The building at 500 N. LaSalle and three suburban shopping centers are on the market as part of an effort to resolve a Chapter 11 case involving what was once one of the area's biggest minority-owned businesses.

Foreclosure suit hits site of proposed Elgin auto mall

Prospective car dealers think developer Location Finders International is asking too much for land parcels, according to an economic development official in Elgin.

There goes the neighborhood

Open Table founder shuts down site designed to help neighbors share tools and information.

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