Sears pays record $6.2 million to settle charges it discriminated against disabled workersSeptember 30th, 2009 Sears pays $6.2 million to settle bias caseWASHINGTON — Sears Holdings Corp. has agreed to pay a record $6.2 million to settle allegations that it illegally fired disabled employees.
A look at changes in bank overdraft policiesSeptember 23rd, 2009 A look at changes in bank overdraft policiesBank of America
Starting in October:
—No fee when an account is overdrawn by less than $10 a day. (1)
—The maximum number of overdraft fees per day will be four, down from 10.
Even cheap stuff put on layaway for back to school, casting cloud over holiday shoppingAugust 24th, 2009 Consumer strain: Pens and notebooks put on layawayNEW YORK — To gauge consumers' strain, look no further than the rows and rows of plastic bags awaiting layaway payments at Kmart. They are filled with back-to-school basics — not just T-shirts and jeans but notebooks, magic markers and pencils.
Sears moves to 2nd-quarter loss on store closings, severance and pension plan costsAugust 20th, 2009 Sears shares plunge on surprise 2Q lossCHICAGO — Once a mainstay in American shopping culture, the parent of Sears and Kmart stores took another step backward Thursday, announcing a surprising second-quarter loss that dimmed hopes about the ailing merchant's future. Although Sears Holdings Corp.
Sears, Kmart aims to help customers to save for Christmas buying by offering club cardAugust 17th, 2009 Sears, Kmart launch Christmas Club cardNEW YORK — Sears Holdings Corp. aims to get an edge over its competition this holiday season by getting shoppers to start saving for Christmas presents now through a new card that mimics an old-fashioned Christmas club account.
20 Sears toys will offer toys on Saturday from Hasbro, Mattel and other toy makersAugust 12th, 2009 Sears to offer toys in 20 storesHOFFMAN ESTATES, Ill. — Sears Holdings Corp., the retail chain lead by chairman and hedge fund financier Eddie Lampert, said Wednesday it will begin to offer toys in 20 of its Sears stores starting Saturday.
Umpqua Holdings to offer $175 million of its common stockAugust 11th, 2009 Umpqua Holdings to make common stock offeringPORTLAND, Ore. — Umpqua Holdings Corp.
What you talkin' bout, Willis? Sears Tower takes on name of British insurance brokerageJuly 16th, 2009 What you talkin' bout, Willis? Sears Tower renamedCHICAGO — The Sears Tower has officially become the Willis Tower in a ceremony in downtown Chicago. The country's tallest building and one of the world's iconic skyscrapers was renamed Thursday after London-based insurance brokerage Willis Group Holdings as part of its deal to lease 140,000 square feet of space in the tower.
Chicago's Sears Tower unveils glass balconies suspended from building's 103rd floor SkydeckJuly 1st, 2009 Sears Tower to open 103rd floor glass balconyCHICAGO — The Sears Tower is offering a new way to push your fear of heights right over the edge. A glass ledge, actually, suspended from the building's 103rd floor Skydeck.
Hyundai to woo uncertain buyers over next 2 months by guaranteeing $1.49 gas for 1 yearJune 30th, 2009 Hyundai offers $1.49 gas guarantee for buyersNEW YORK — Hyundai said Tuesday that customers in the U.S. who buy or lease its vehicles by Aug.
Sears Tower to undergo $350 million green remodel, including wind turbines, solar panelsJune 24th, 2009 Sears Tower to undergo $350M green remodelCHICAGO — The Sears Tower will undergo a $350 million green remodeling effort at the 110-story skyscraper, including wind turbines, green roofs and solar panels. Owners and architects said Wednesday that the plan will reduce electricity use in the building by 80 percent and save 24 million gallons of water a year.
FTC: Sears agrees to settle claims over personal data company collected by tracking Web useJune 4th, 2009 Sears, FTC to settle personal data allegationsHOFFMAN ESTATES, Ill. — The Federal Trade Commission is announcing a preliminary settlement with retailer Sears Holdings.
Go ahead, look down: Sears Tower in Chicago to install 4 glass balconies for visitorsMay 2nd, 2009 Sears Tower to add glass balconies for a sick viewCHICAGO — Visitors to the top of the tallest building in North America soon won't be able to avoid looking straight down. The Sears Tower plans this summer to add four enclosed glass-bottomed balconies jutting out from the building's 103rd floor Skydeck — offering a view of 1,353 feet down.
Jury in Miami begins deliberations for 6 men charged with plotting to destroy Sears TowerApril 27th, 2009 Fla. jury deliberates in Sears Tower terror trialMIAMI — A federal jury in Miami is deliberating the fate of six men charged with plotting to destroy Chicago's Sears Tower and bomb FBI offices around the country. The 12-person jury got the case Monday after a two-month trial.
AIG puts property & casualty business AIU Holdings into special purpose vehicle ahead of saleApril 22nd, 2009 AIG moves to separate property & casualty businessNEW YORK — American International Group Inc. said Tuesday it is moving toward selling off a minority stake in property and casualty insurance business AIU Holdings.