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  • McDonald's 3Q should indicate economic pressures Wednesday, 17 Oct 2012 | 2:26 PM ET

    NEW YORK-- McDonald's Corp. reports its third-quarter results Friday, which should give a glimpse of how the world's biggest hamburger chain is coping with intensifying competition and the challenging global economy. WHAT TO WATCH FOR: After outperforming its rivals for years, some analyst think McDonald's may be entering a period of slower growth.

  • Extravagant Home Features of the One Percent Wednesday, 17 Oct 2012 | 1:07 PM ET

    Home theaters and wine cellars have trickled down to the masses. What follows are truly exceptional features that you won’t see in just any mansion!

  • Grains futures mostly rise; livestock prices mixed Wednesday, 17 Oct 2012 | 11:15 AM ET

    CHICAGO-- Grain prices rose Wednesday in early trading on the Chicago Board of Trade. Wheat for December delivery rose 3.25 cents to $8.51 per bushel; December corn gained 0.75 cent to $7.39 per bushel; December oats were unchanged at $3.9225 per bushel and November soybeans increased 4.25 cents to $14.98 per bushel.

  • Dover reports 3Q profit up absent year-ago charge Wednesday, 17 Oct 2012 | 11:02 AM ET

    DOWNERS GROVE, Ill.-- Dover Corp.' s third-quarter net income rose 40 percent, helped by acquisitions and by the absence of a big loss tied to discontinued operations from a year ago. Dover earned $241 million, or $1.31 per share, in the quarter ended Sept. 30, compared with $172.3 million, or 91 cents per share, a year earlier.

  • Navistar names John Pope to board Wednesday, 17 Oct 2012 | 10:50 AM ET

    LISLE, Ill.-- Heavy truck and engine company Navistar International Corp. said Wednesday that it named John Pope to its board. Pope's appointment and Harrison's retirement are effective immediately, keeping the total number of Navistar board members at 10, Navistar said.

  • Coe loses appeal in Miss. telemarketing scam Wednesday, 17 Oct 2012 | 10:25 AM ET

    JACKSON, Miss.-- A federal appeals court has upheld the more than 14- year sentence George Coe Jr. received for his role in a telemarketing scam case in Mississippi. Prosecutors said the scam netted tens of thousands of dollars from victims in California, Illinois, Kansas, Maryland, Michigan, Mississippi, New Hampshire and Vermont.

  • Abbott Labs 3Q profit up without year-ago charges Wednesday, 17 Oct 2012 | 10:05 AM ET

    WASHINGTON-- Drug and medical device maker Abbott Laboratories reported higher third-quarter profit Wednesday, edging past analyst expectations, even as revenue slipped. Net income for the three months through Sept. 30 jumped to $1.9 billion, or $1.21 per share, from $303 million, or 19 cents per share, a year ago.

  • Infant formula maker sued after baby's death Wednesday, 17 Oct 2012 | 9:09 AM ET

    BELLEVILLE, Ill.-- The families of a three babies sickened by a rare bacterial infection, including a 10- day-old Missouri infant who died, filed a lawsuit Tuesday against the Illinois- based manufacturer of a powdered baby formula that they believe is responsible.

  • Partnerships to help control Ill. Medicaid costs Wednesday, 17 Oct 2012 | 8:42 AM ET

    CHICAGO-- A for-profit nursing home company owned by a politically connected Chicago businessman is a partner in a project Illinois Gov. Pat Quinn announced Tuesday that aims to control health spending for high-cost Medicaid recipients.

  • Northern Trust 3Q profit rises 5 percent Wednesday, 17 Oct 2012 | 12:34 AM ET

    CHICAGO-- Northern Trust Corp. said Wednesday that its third-quarter net income rose 5 percent due to higher fees from clients for managing their money. The wealth management firm, which is based in Chicago, earned $178.8 million, or 73 cents per share, in the three months through Sept. 30, up from $170.4 million, or 70 cents per share, in the same quarter last year.

  • SF, South Florida, Houston bid for Super Bowls Wednesday, 17 Oct 2012 | 12:01 AM ET

    CHICAGO-- Houston, San Francisco and South Florida are bidding for the 2016 and 2017 Super Bowls. NFL owners will vote next May between San Francisco _ the 49 ers are building a new stadium in Santa Clara, Calif., _ and South Florida for the 50th Super Bowl in 2016. The loser of that race will then compete with Houston for hosting the 2017 game.

  • Vikings to host Steelers in London next year Wednesday, 17 Oct 2012 | 12:00 AM ET

    CHICAGO-- The NFL is doubling down on London. The league announced Tuesday that the Minnesota Vikings will host the Pittsburgh Steelers at London's Wembley Stadium on Sept. 29, 2013. This is the first time the NFL will play two regular-season games in London in the same season.

  • Varied returns for 3 Wed. shows; 'Arrow' a CW hit Tuesday, 16 Oct 2012 | 5:34 PM ET

    ABC, NBC and the CW all debuted new dramas last Wednesday to varied receptions. It finished a strong second behind CBS' long-running "CSI: Crime Scene Investigation" at the 10 p.m. ET slot. Despite that showing, long-slumping NBC can boast about its best showing for an early TV season in a decade.

  • Varied returns for 3 Wed. shows; CW's 'Arrow' tops Tuesday, 16 Oct 2012 | 4:58 PM ET

    ABC, NBC and the CW all debuted new dramas last Wednesday to varied receptions. NBC's " Chicago Fire" was a disappointment in the same time slot. NBC continued its best start in a decade in the ratings.

  • Northern Trust adds Prado to board Tuesday, 16 Oct 2012 | 3:26 PM ET

    CHICAGO-- Northern Trust Corp. said Tuesday that it added Jose Luis Prado, president of Quaker Oats North America, to its board. Prado has been head of Quaker Oats North America, a division of PepsiCo Inc., since 2011. He has held a number of leadership positions at PepsiCo since 1984..

  • Browns sale to Haslam approved; Holmgren to leave Tuesday, 16 Oct 2012 | 2:18 PM ET

    New Cleveland Browns owner Jimmy Haslam III said Tuesday that Holmgren was out as team president, although the Super Bowl-winning coach will remain with the franchise to help in the transition. Haslam was introduced as the Browns' new boss after the 32 NFL owners unanimously approved his $1 billion purchase of the team from Randy Lerner.

  • Obama out to seize momentum from Romney in debate Tuesday, 16 Oct 2012 | 1:32 PM ET

    HEMPSTEAD, N.Y.-- Republican White House challenger Mitt Romney conferred with his debate practice partner while President Barack Obama exercised before his final study review for Tuesday's debate, both hoping it would help them pull ahead in the razor-tight race.

  • Grainger 3Q profit falls 15 pct, misses Street Tuesday, 16 Oct 2012 | 9:25 AM ET

    CHICAGO-- W.W. Grainger Inc., which sells power tools and other industrial equipment, said Tuesday that its third-quarter net income fell 15 percent, in part because it set aside money for an anticipated settlement related to some government contracts.

  • Illinois Tool Works CEO Speer takes health leave Monday, 15 Oct 2012 | 6:20 PM ET

    GLENVIEW, Ill.-- Illinois Tool Works Inc. said on Monday that CEO David Speer is taking a leave of absence because of health concerns, and it named Vice Chairman E. Scott Santi as acting CEO. Spokeswoman Alison Donnelly declined to provide any details about Speers' condition.

  • Walgreen faces penalty for NY flu shot charges Monday, 15 Oct 2012 | 3:58 PM ET

    NEW YORK-- Walgreen Co. advertised free flu shots for members of the NYS Empire health plan but ended up sticking many of them with the bill. Walgreen runs the Walgreens drug store chain. Walgreen will also pay roughly $15,000 in costs to New York.