Look who's finally leaving the roost. Millennials are starting to move out of their parents' houses, opting to rent in many cases.» Read More
*Kraft will not pay royalties to Green Mountain. NEW YORK, Oct 11- Kraft Foods Group Inc plans to sell Maxwell House and Gevalia K-cup single-serve coffee pods compatible with Keurig brewing systems, a spokesman said on Thursday, in another blow to Keurig parent Green Mountain Coffee Roasters Inc.
A report released Thursday by Irvine, Calif.- based RealtyTrac shows Illinois with 42,176 foreclosure filings from July through September. On a monthly basis, Illinois foreclosures dropped 20 percent in September compared to August. Arizona and California also have foreclosure rates higher than Illinois.
Oct 11- Focus Financial Partners LLC, a firm that has expanded by acquiring independent adviser teams across the United States, said on Th ursday it added a Chicago- based group with more than $500 million in client assets.
NEW YORK-- Alaska Airlines is buying 50 of Boeing Co.' s new 737 s in a deal worth $5 billion at sticker prices. Alaska, operated by Seattle's Alaska Air Group Inc., won't pay full price. The order includes 37 of Boeing's redesigned 737, which it calls the Max.
Opana, a powerful opioid painkiller containing oxymorphone, is produced by Endo Pharmaceuticals. The blood disorder, thrombotic thrombocytopenic purpura, resulted in kidney failure requiring dialysis in some cases and at least one death, the Food and Drug Administration said.
Opana is produced by Endo Pharmaceuticals. The blood disorder, thrombotic thrombocytopenic purpura, resulted in kidney failure requiring dialysis in some cases, and at least one death, the Food and Drug Administration said. The FDA said problems appear to occur with Opana ER only when it is abused and injected intravenously.
TOKYO, Oct 11- Japan's Nikkei average is set to fall for a third straight session on Thursday on mounting concerns that the upcoming quarterly corporate earnings will be weak after a tame start to the U.S. results season.
Oct 10- PrivateBancorp Inc plans to raise about $200 million to repay the bailout funds it received from the U.S. PrivateBancorp will raise $75 million in an underwritten public offering of its common stock and the rest in debt, the company said. PrivateBancorp shares were down about 2 percent in extended trade.
CHICAGO-- Mayor Rahm Emanuel proposed a new city budget Wednesday that he says will put more police officers on Chicago's streets and more kids in early childhood education without raising taxes or fees. But he warned that without pension reform from Springfield, the financial gains the city has made "will go out the window."
WASHINGTON-- A Federal Reserve survey released Wednesday found that the economy grew modestly in the late summer, bolstered by solid gains in housing. The report is based on anecdotal information from the regional districts and covers the period from mid-August to Sept. 28. The region's economy expanded modestly.
WASHINGTON-- Stronger housing markets helped boost economic growth at the end of the summer in nearly every region of the United States, according to a Federal Reserve survey released Wednesday. The Fed said growth improved in 10 of its 12 regional banking districts from mid-August through September, while leveling off in one region and slowing in another.
*AMG/Permira plan to split up Robeco- sources. *Robeco could fetch more than 2 bln euros- sources. is weighing three offers for its asset management arm Robeco, facing a choice between bids to split the 2 billion euro- plus business or sell it in one piece, people familiar with the situation said.
The weeklong program of panel discussions, speakers and demonstrations, which opened Monday, was the brainchild of Groupon co-founder Brad Keywell, who regards Chicago Ideas Week as a startup, albeit one that will never be publicly traded on Wall Street. The Chicago- based entrepreneur was briefly a billionaire after Groupon Inc.' s IPO last year.
NEW YORK-- Downbeat reports from Alcoa and Chevron at the start of a critical corporate earnings season pulled stock indexes lower for a third straight day Wednesday. Alcoa, the aluminum producer, beat Wall Street earnings estimates on Tuesday night but said it expects a slowdown in China to weaken demand for aluminum.
*Seller Rabobank evaluating the offers for Robeco- sources. *AMG/Permira plan to split up Robeco- sources. *Robeco could fetch more than 2 billion euros- sources.
CHICAGO, Oct 10- Wal-Mart Stores Inc:. *CEO says gaining share in almost every country Wal Mart- operates in. *CEO says international business will continue to be a growth engine.
The video was shot using a hidden camera by a member of Mercy for Animals who got a job at Bettencourt Dairies' Dry Creek Dairy in Hansen for a few weeks this summer.
TOKYO, Oct 10- Japan's Nikkei share average is expected to open down on Wednesday and test a one-month low on concerns over companies' latest quarterly earnings results as global growth slows. "The Alcoa results were above market forecast but they were still in the red," said Takashi Hiroki, chief strategist at Monex Inc..
"The IGB's staff has done a tremendous job to... bring this new industry to Illinois," board Chairman Aaron Jaffe said in a written statement. Jeff Glover, manager of Chino's Pizzeria in the Chicago suburb of Justice, said he'd just finished mopping when he saw the restaurant's three terminals activated around 11:30 a.m..