All organizations face crises from time to time, and at a time when news, information (or misinformation), and rumors can spread quickly, a timely and thoughtful response to a crisis, is critical. In Collaborative Crisis Management, two industry insiders offer a primer on how organizational leadership should prepare for and
Posts published in “Business”
Warren Buffett said the US economy is a “shambles” and that, “We haven’t got the economy moving yet.” In an interview with CNBC Wednesday. More…
General Motors will cease production and end the Pontiac brand as part of its attempt to restructure and survive the worst economic conditions ever experienced by the once great and powerful manufacturer. More…
General Motors will discontinue the Pontiac brand in a restructuring effort by the struggling automaker. More…
The only US automaker to turn away government aid posted a less than expected first-quarter loss and reduced cash consumption sending stock up during early morning trading. More
The Swedish judge who sentenced founders of the Pirate Bay website to jail last week forgot to tell anyone that he was in bed with copyright protection associations and serves on the board of the Motion Picture Association of America. More…
Chicago suburb, Elk Grove Village is dropping it’s legal fight to prevent expansion of O’Hare International Airport because plans to build a roadway through an industrial park in the village were reportedly dropped. More…
The New York Times is reporting that the Treasury Department is preparing Chapter 11 bankruptcy filings for Chrysler that could come as early as next week. Chrysler’s lenders hold nearly $7 billion in debt and the government earlier offered 22 cents on the dollar for a 5% share in a reorganized corporation. More…
President Barack Obama is pushing for greater legal protection for consumers as millions face mounting credit card debt. More…
ComEd parent company Exelon Corporation has announced plans to build the largest urban solar power plant in the nation in the city’s south side, committing $60 million to the project with plans for completion by the end of his year. More…
General Motors Corporation may be planning to close most of it’s U.S factories for up to nine weeks this summer due to slumping sales and huge inventorries of unsold vehicles now on dealer lots. Speculation that the former auto giant could declare bankruptcy may be partially to blame for lagging sales, analysts believe. More…
Boeing Corporation stated that its first-quarter profit had dropped by half over last year due to cuts in planned production from airline cancelation and delays placed on aircraft delivery. More…
McDonald’s Corporation will launch a new one-third pound hamburger this summer, it’s first new hamburger fare in more than eight-years. More
Private investors are being offered a stake in the Chicago Cubs team by Tom Ricketts who is working to complete the financing for purchase of the club for $900 million. More…
Exxon Mobil Corporation rose to the top of the Fortune 500 list, unseating Wal-Mart Stores, Inc. to become the largest publicly traded company in the United States. More…
Domino’s Pizza has found its brand threatened by two employes who filmed a prank video which quickly spread on YouTube and turned even long-time customers away from the pizza chain…
Prime Group Realty has defaulted on loan payments for a two-building office complex in Oak Brook
Former Chicago White Sox player Bo Jackson has partnered to open a new bank in Burr Ridge.