The Doings Clarendon Hills

Labor Dept: Elmhurst firm depleted nearly $2M in retirement funds

Tue, 10 Jan 2012 11:30:01 -0600

The U.S. Labor Department is looking recover more than $1.9 million from Elmhurst-based A.B.D. Tank & Pump Co.’s retirement plan that it says was misused by the company owner, Keith Davis.

Business Briefs

Thu, 09 Feb 2012 13:08:00 -0600

Top producers get named County Line Properties of Hinsdale has announced that Gina Lambiris and Sally Venard have been named Top Producers in Western Springs and Downers Grove for January. Lambiris and Venard work as a team for buyers and sellers of homes. They have experience in business and sales, priding themselves on providing service and marketing strategies to their clients. Lambiris has lived in the Downers Grove/Darien area for the past seven years with her husband and son. Venard has lived in north Downers Grove for the past nine years with her husband and daughter. Both women are real …

Jewel-Osco parent to cut 800 jobs; 20 in Itasca

Tue, 07 Feb 2012 15:58:02 -0600

Jewel-Osco is cutting 20 positions at its Itasca headquarters as part of a companywide restructuring by parent company Supervalu that will eliminate 800 jobs, the grocer said Tuesday.

Business Briefs

Tue, 07 Feb 2012 20:06:56 -0600

Weigh in on Metra schedule changes Metra is asking its riders to comment about minor schedule adjustments that it is proposing for its Burlington Northern Santa Fe Line to Aurora. Only certain trains on the BNSF line would see modifications. In most cases, the proposal adjusts a train’s departure times from certain stops or its running times between stations or overall by two to five minutes. The adjustments will affect both weekday and weekend trains with most of the proposed schedule adjustments affecting non-peak and weekend trains. The changes are designed to make the schedules more accurate and/or to minimize …

Who’s winning streaming video war?

Tue, 07 Feb 2012 12:06:03 -0600

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Tellabs cutting 530 jobs

Tue, 31 Jan 2012 12:18:01 -0600

Tellabs is cutting 530 jobs in a companywide restructuring, citing “a climate of economic uncertainty” for the Naperville-based telecommunications equipment maker. An unknown number will be cut at Tellabs’ research and development center in Naperville.

Abbott plans to lay off 700 workers

Wed, 25 Jan 2012 17:50:02 -0600

Abbott Laboratories announced plans Wednesday to lay off 700 employees, most of them in the Chicago area.

Report: Illinois teen employment at lowest rate

Mon, 30 Jan 2012 21:54:41 -0600

Teen employment has continued to plummet in Illinois, according to a new report from Northeastern University. The rate dived to 27.5 percent in 2011, the lowest teen employment rate in the 42 years for which data is available. It is down from just under 50 percent in 1999-2000 and from 36 percent in 2007.

Business Briefs

Thu, 02 Feb 2012 16:11:17 -0600

Pain clinic holds grand opening CAPS Paincare will hold a grand opening celebration of its Pain Management Clinic and Surgical Facility from 4-7 p.m. today at its Westmont clinic, located at 700 E. Ogden Ave., Suite 111. CAPS employs a multidisciplinary approach to pain management and has treated more than 5,000 people suffering from pain. It has had locations in Indiana and Illinois for 15 years. “We are committed to CAPS Paincare’s mission to empower our patients and their families to manage chronic pain in a manner that will make a positive difference in the quality of their lives” said …

Kraft to slash 1,600 jobs but add positions here

Tue, 17 Jan 2012 14:44:01 -0600

The Chicago area is expected to gain jobs from Kraft Foods’ restructuring announced Tuesday. Employees at a Glenview management center will stay in the Chicago area, as well as employees from plants that will close in New York and New Jersey.

Lincoln MKZ Concept sports split-wing grille

Tue, 10 Jan 2012 15:14:41 -0600

Lincoln rolled out the MKZ concept sedan at the North American International Auto Show in Detroit, signaling the luxury automaker’s reinvention.

Buick unveils 2013 Encore

Tue, 10 Jan 2012 15:14:38 -0600

Buick introduced a 2013 Encore luxury crossover during the North American International Auto Show press days in Detroit.

Chevrolet shows off 2 hot concept coupes

Tue, 10 Jan 2012 15:14:36 -0600

Chevrolet introduced two hot concept coupes at the 2012 North American International Auto Show in Detroit targeting next-generation buyers.

Ford unveils redesigned Fusion

Tue, 10 Jan 2012 15:08:18 -0600

Ford Motor Co. says the 2013 Fusion offers buyers seven must-have technologies, including a Lane Keeping System, adaptive cruise control, active park assist and MyFord Touch.

Sushi at Walgreens? New State Street store offers urban format

Sat, 11 Feb 2012 08:13:33 -0600

Walgreen Co. is showing off just how high-end it can go with its new urban format store at State and Randolph, featuring a fresh-daily sushi bar, ready-to-go packaged fruits and meals, a barista serving coffee, an eyebrow-shaping service and more.

Business Briefs

Fri, 13 Jan 2012 10:29:55 -0600

Greater Oak Brook Chamber of Commerce news The Chamber is pleased to announce that Gary Beban, senior executive managing director of CB Richard Ellis, will be the keynote speaker at January’s Corporate Community Forum from 7:30 to 9 a.m. Wednesday at the Oak Brook Bath Tennis Club, 800 Oak Brook Road. The next Chamber Networking Breakfast will take place 7:30 to 9 a.m. on Jan. 19 at the Marriott Hotel in Oak Brook. Chamber members and partners are invited to attend this event. The Greater Oak Brook Chamber of Commerce 2012 Annual Meeting and Awards Breakfast will be presented from …