Business news for Thu, 29 Nov 2007 & with word chicago. 14 news.

Agriculture futures gave a mixed performance Thursday on the Chicago Board of Trade.

(Crain's) -- Chicago needs to focus on the big picture if it's going to win the 2016 Olympics and Paralympics games. And it needs to think -- a lot -- about what comes after if it's to get its money's worth out of the effort. That was the advice to the Windy City from the Britain's top Olympics ...

CHICAGO - Sears Holdings Corp. stumbled to its worst performance yet under Edward Lampert, earning just $2 million in a dismal third quarter that heightened questions about his strategy and Sears' future as a retailer, prompting a huge selloff in its stock Thursday.

CHICAGO (AP)a - Wall Street is starting to conclude that when it comes to running a...

(AP) -- An FBI official from Philadelphia has been chosen as the next top cop in Chicago. Mayor Richard Daley has picked 49-year-old J.P. "Jody" Weis, special agent in charge of the FBI's Philadelphia field office, to replace Police Superintendent Phil Cline. Cline announced his intention to ...

CHICAGO (Reuters) - H.J. Heinz Co posted an 18 percent jump in quarterly profit on Thursday as the weak U.S. dollar improved results in Europe and emerging markets, and price increases helped offset rising ingredient costs.

CHICAGO (MarketWatch) -- U.S. fixed mortgage rates dropped near two-year lows in the week ending Thursday as data showing that housing market remains moribund helped keep interest rates in check, Freddie Mac said Thursday.

CHICAGO (MarketWatch) -- U.S. fixed mortgage rates dropped near two-year lows in the week ending Thursday as data showing that housing market remains moribund helped keep interest rates in check, Freddie Mac said Thursday.

CHICAGO (Reuters) - Del Monte Foods Co posted higher quarterly profit on Thursday, but cut its full-year earnings forecast because of soaring costs for ingredients like wheat, corn and fish.

It's no fun playing any more on the property ladder AS MANY as 18m American adults play fantasy sports leagues. Movie buffs play Fantasy Mogul and anyone who thinks politics is not already surreal enough can play Fantasy Congress. The latest online game is "fantasy real estate", run by Realius.com, which emerged in November in San Francisco and enables players to guess the price of properties on the market in the Bay area. It may sound like the daftest moment to introduce a game using the wisdom of crowds to judge the value of a home--especially when for so long popular wisdom in America has been that house prices do not fall. On the other hand, rarely have American homeowners been so in need of escapism. More evidence emerged this week of just how bleak the real world has become for homeowners--and not just those saddled with subprime and adjustable-rate mortgages. On November 27th the S&P/Case-Shiller National Home Price Index reported a fall in American house prices of 4.5% in the third quarter compared with a year earlier, the biggest drop recorded in its 20-year history. Robert Shiller, the Yale University economist who helped design the index, does not provide a forecast for next year, though he says that futures prices on the S&P/Case-Shiller Composite traded in Chicago anticipate that they will fall a further 5%. On the other hand, declines of 50% are not "out of the question", he says. ...

Developer misled residents, suit says The construction of the world's tallest residential tower, the Chicago Spire, could face a daunting obstacle just a few months after it began if nearby residents win a lawsuit they filed Wednesday in Cook County Circuit Court.

Ownership-rule vote may come by Friday With little time to spare for Tribune Co., the chairman of the Federal Communications Commission proposed regulatory relief Wednesday that would help Chicago billionaire Sam Zell close the $8.2 billion deal to take the media conglomerate private by year's end.

BofA ad touting local focus uses old photo In a new print advertisement, Bank of America Corp. tells potential business customers that it will help them "succeed in Chicago or wherever opportunity takes" them.

Lawmakers first want to pay for statewide construction program The newest plan to stave off fare increases and major cuts for bus and train service in the Chicago area never left the station Wednesday.