Yahoo has made a big about-face by extending the amount of time it will keep user search records to 18 months from 90 days. Get the full story »
Subway cuts sodium in sandwiches 15-28%
Subway sandwiches just got a little less salty.
The restaurant chain said Monday that it has reduced sodium levels in its sandwiches by 15 percent across the board, while its Fresh Fit sandwich line gets a 28 percent reduction. Get the full story »
Meckler, Bulger opens San Francisco law office
A Chicago-based law firm specializing in labor, employment and insurance issues has expanded to San Francisco by hiring 11 attorneys in the Bay Area. Get the full story »
Boeing readies flight training for Dreamliner
Boeing Co. said on Monday that it had gotten approval from regulators in several countries for flight training campuses for its 787 Dreamliner, which is due for first delivery this year.
The world’s second-largest plane-maker after EADS unit Airbus said its Dreamliner training devices — including flight simulators — were ready to be used with training courses. The company has training courses in Seattle, Singapore, Tokyo, London and Shanghai. Get the full story »
Discover late payments, defaults fall in March
Discover Card customers improved their payment habits in March, as late payments and defaults both fell to their lowest rate in more than two years. Get the full story »
Caterpillar CEO sees compensation quadruple
An Associated Press review has found that Caterpillar quadrupled CEO Doug Oberhelman’s compensation last year when he took over the top job, but his $10.4 million package was less than half what the retiring chief executive received.
Oberhelman became CEO last summer and added the chairman title later after Jim Owens retired. Owens’ compensation more than tripled in 2010 to $22.5 million, mostly from a stock grant worth $16 million. Get the full story »
Grainger beats estimates as 1Q income soars 59%
Industrial supply company W.W. Grainger Inc. said Thursday that first-quarter net income soared 59 percent, causing the company to raise its full-year revenue and earnings forecasts. Get the full story »
Baxter to buy specialty drug maker Prism
Baxter International Inc. said it will pay at least $170 million to buy a specialty drug maker that has high hopes for a heart drug used in hospitals to treat irregular heart beats. Get the full story »
Volkswagen shows off new Beetle design
The 2012 New Beetle, the car that Oprah Winfrey gave away to her audience back in November, is finally ready to show itself in public. The car was unveiled Monday at events held simultaneously in New York City and Shanghai.
Talk show host Oprah Winfrey gave 275 of the cars to her studio audience as part of an “Oprah’s Favorite Things“ promotion. Volkswagen donated the cars for the promotion. Get the full story »
Former Hawk Daze buys $1.68M Hinsdale mansion
ELITE STREET | By Bob Goldsborough | Bucking a recent trend of former Chicago Blackhawks players listing their area homes and leaving town, retired Blackhawks winger Eric Daze has paid $1.68 million for a newly built, six-bedroom, New Orleans four-square house in Hinsdale. He also has a contract to sell his longtime four-bedroom house in Hinsdale, which has been listed for $795,000. Get the full story »
Tax deadline arrives, 96M have already filed
You had three extra days to file your taxes this year, but the time has finally come to hand over your paperwork to Uncle Sam. The IRS has already processed nearly 96 million tax returns this season, according to the agency’s latest filing statistics. That’s a 2.8 percent increase from this same time last year. Get the full story »
Poll: US economy improving despite global events
Economists say the U.S. economy is gaining strength despite political unrest in North Africa and the Middle East and last month’s devastating earthquake and tsunami in Japan. Get the full story »