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Business
10:24 pm
Thu May 24, 2012

Chrysler's Marchionne celebrates the Dart and freedom from bail-out loans

Credit Susan Stephens / WNIJ
Chrysler Group CEO Sergio Marchionne after his plant tour and town hall meeting with employees at the Belvidere Assembly Plant, May 24, 2012
  • Chrysler CEO Sergio Marchionne on what Europeans can learn from his Belvidere workers.

The much-heralded Dodge Dart should be in dealerships by the end of next month. To celebrate, Chrysler Group CEO Sergio Marchionne visited the home of the Dart Thursday -- the Belvidere Assembly Plant.

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The Two-Way
6:33 am
Fri May 18, 2012

Like It Or Not, It's Facebook's Day On Wall Street

Credit Emmanuel Dunand / AFP/Getty Images

Originally published on Fri May 18, 2012 3:03 pm

  • Steve Henn talks with Steve Inskeep on 'Morning Edition'

Facebook's much-publicized first sale of stock to the public started with a bang late this morning as the price per share jumped. But though the volume of shares sold was a record for an initial public offering, the stock's price gave up its gains as the day continued.

By the end of trading in the U.S., Facebook had settled right at the $38 initial offering price that had been set before shares went on sale.

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Business
2:59 pm
Thu May 17, 2012

State unemployment falls to 8.7% -- lowest since 2009

The April unemployment rate in Illinois fell for the eighth consecutive month to reach8.7 percent, according to federal and state preliminary data released today.

The last time the unemployment rate was below 8.7 percent was February 2009, when it was 8.5 percent, according to the U.S. Bureau of Labor Statistics and the Illinois Department of Employment Security.

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Business
11:23 am
Thu May 17, 2012

Postal Service moving forward with plans to close Rockford sorting center

Credit Susan Stephens / WNIJ
Rockford-area residents at January's USPS hearing about the Rockford sorting facility

The United States Postal Service announced Thursday that it will soon begin consolidating dozens of mail processing facilities across the country. Part of Rockford's operations will be transferred to the Carol Stream distribution center. The other half will be absorbed by the facility in Palatine.

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