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A third or more of the U.S. car dealers affiliated with Detroit will go out of business if a Big Three company collapses, industry observers predict. If true, that would be devastating here. About 300 car dealerships in the Chicago ...
(Crain’s) — United Airlines intends to sell up to $200 million in new stock through JP Morgan Securities Inc. and Morgan Stanley & Co., the company said in a filing Monday with the Securities and Exchange Commission. The Chicago-based ...
Chrysler and GM are asking for a bailout from the Canadian government, too! The auto industry is Canada’s largest employer. Car sales are up slightly in Canada, but both companies build cars in Canada that are sold in the U.S. ...
Leftlane is the leading source for automotive industry and vehicle news, new car research, future vehicle information, and reviews. Read by car shoppers, driving enthusiasts, autoworkers, executives, and investors, the website is ...
Deutsche Bank, a major backer of Trump’s mammoth new condominium/hotel tower in downtown Chicago, is demanding the real estate mogul pay a $40 million personal guarantee connected to a $640 million construction loan the German bank made ...
The other problem with this plan is that right now even fuel efficient cars are not selling because many people, especially those at the low end of the market, can't get credit and they can't afford to pay cash for a new car. ...
Groups led by Tom Ricketts, chief executive of Chicago investment bank Incapital LLC and the son of the founder of TD Ameritrade Holding Corp.; Marc Utay, a managing partner with New York-based private equity firm Clarion Capital ...
Today's Features. Chicago Business Today - Dec. 1. Game over for Sumner Redstone and Midway Games. General Growth gets a loan extension, but not for long. Pressure builds on another local homebuilder. Plus: Cyber Monday… ...
The operator of stock and commodity exchanges is the parent of the Chicago Mercantile Exchange and the Chicago Board of Trade as well as the New York Mercantile Exchange, which it acquired in August. Repetto added that there could be a ...
