ADM chief's compensation falls 2 percent

DECATUR, Ill. — The CEO of agribusiness leader Archer Daniels Midland Co. received compensation worth $14.9 million in fiscal 2009, a decrease of nearly 2 percent from the previous year, according to an Associated Press calculation of figures filed with regulators.

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For the jobless, Labor Day is hardly a holiday

WASHINGTON — Every day it's a battle.

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Sprint Nextel to sell parts of Midwest network

KANSAS CITY, Mo. — Sprint Nextel Corp. said Friday it plans to sell a chunk of its cellular network in the Midwest to comply with an Illinois court decision.

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Business Highlights

Stocks slide as rising dollar hits oil prices

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Sears, FTC to settle personal data allegations

HOFFMAN ESTATES, Ill. — The Federal Trade Commission announced a preliminary settlement Thursday with retailer Sears Holdings Corp. over allegations the merchant failed to disclose how much personal information it was collecting from a group of consumers. The finding, which resolves a complaint against Sears Holdings Management Corp., isn't an admission that the retailer broke any laws.

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Sears looks to Web sites, new strategy for growth

HOFFMAN ESTATES, Ill. — The chairman of Sears Holdings Corp. said Monday that the retailer is working to change how customers interact with it in stores and online. Speaking at an annual shareholder's meeting at Sears' suburban Chicago headquarters, financier Edward Lampert said the company was upgrading its Web sites, selection and interactivity to help the company emerge stronger than ever from the recession, particularly as competitors slash prices in an effort to sell merchandise.

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Sears looks to Web for future growth

HOFFMAN ESTATES, Ill. — The chairman of Sears Holdings Corp. said Monday that the retailer is working to change how customers interact with it in stores and online.

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Court rules for iPCS in Sprint WiMax fight

KANSAS CITY, Mo. — An Illinois court is allowing a lawsuit to move forward that challenges Sprint Nextel's deal with Clearwire Corp. to provide wireless broadband.

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