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American can’t end retiree benefits yet

A federal judge has rejected an attempt by American Airlines to quickly cut off benefits for many of its retirees.

 

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Mazda recalls 109,000 older SUVs for rust problem

Mazda is recalling 109,000 Tribute SUVs in cold-weather states to fix rusting frame parts. The recall covers SUVs from the 2001 through 2004 model years.

Hertz spinning off its equipment rental business

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Hertz plans to spin off its equipment rental business into a separate publicly traded company called Hertz Equipment Rental Corp. The car rental company says it will receive about $2.5 billion in net proceeds from the transaction.

Judge won’t order recalled GM cars to be parked

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A Texas federal judge has denied an emergency motion that would have forced General Motors to tell owners of more than 2 million recalled cars to stop driving them until the ignition switches are replaced.

Ford to sell Lincoln cars in China for first time

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Ford Motor Co. said Thursday it will sell high-end Lincoln cars in China for the first time later this year when it opens eight dealerships in seven cities.

Business Calendar

Thursday, April 24: Buffalo Grove Area Chamber of Commerce Business After Hours at 5 p.m. at Buffalo Grove Bank & Trust,

US stock market ends higher as earnings pour in

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A batch of U.S. company earnings drove stocks mostly higher on Thursday. The major stock indexes shifted between small gains and losses ahead of their scheduled close for Good Friday. The gains kept the indexes ahead for the week, though the remained down for the month.

Ford to offer 50th anniversary Mustang

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Ford is building a limited-edition Mustang GT to honor the pony car’s 50th anniversary. The company will only build 1,964 special cars, honoring the year the Mustang first went on sale.

US stocks close higher for third day in a row

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Investors drove stock prices to their highest level in a week Wednesday, encouraged by a crop of corporate earnings and reassuring U.S. and Chinese economic data.

GM to ask bankruptcy court for lawsuit protection

General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from legal claims for conduct that occurred before its 2009 bankruptcy.

Zebra to spend $3.45B on Motorola Solutions unit

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Zebra Technologies will spend more than $3 billion to buy the enterprise business of Motorola Solutions in a considerable expansion that is both technological and geographical.

Ambulatory care site moves from Libertyville to Vernon Hills

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An outpatient ambulatory care center opened this month at 240 Center Drive in Vernon Hills.

US stock markets rebounds after choppy day

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A stock market swoon turned into a comeback Tuesday. Stocks managed a late-afternoon rebound for the second time in two days as investors seemed to brush off a report of lower confidence among homebuilders and simmering tensions in the Ukraine.

Mickey Finn’s doors closed for move to new home

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Libertyville’s famed Irish Pub Mickey Finn’s Brewery temporarily closed after one final hurrah in it’s long-time home, at 412 N. Milwaukee Ave. Mickey Finn’s owner Brian Grano said the pub closed for at least 10 days following Sunday’s performance by house band Henneberry. Gran

US retail sales up strong 1.1 percent in March

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U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products.

US stocks recover some ground on retail sales gain

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U.S. stocks mounted a modest rally Monday, helping investors recover some of the ground lost after a rough finish last week.