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Hot IPO market catches a chill

Due to a volatile economic situation, the market for Initial Public Offerings has cooled considerably in recent days. Six out of 12 companies scheduled for IPOs this month had postponed them as of Wednesday morning, according to PricewaterhouseCoopers. The about-face surfaced after investor confidence plummeted due to stock market fluctuations and controversy over the national […]

Business owners rank economy as top concern

Amid controversy over the national debt, three out of four small business owners surveyed in mid-July said they were concerned about it, according to Insperity, a Houston-based provider of human resources and business performance solutions that conducts quarterly business confidence surveys of its clients.   About 70 percent of respondents in July said they were […]

Jobs data makes case for hiring now

Hire now, if you plan to expand this year. That’s the advice of Robert Miano, president and chief executive at Wayne, N.J.-based Harvey Nash USA, a staffing and recruiting firm. “It’s an excellent time to hire,” said Miano, who is adding staff to his own firm in advance of what he believes will be stronger […]

Jones Lang LaSalle’s results show signs of real-estate recovery

By Robert Wile Medill News Service Earnings of Chicago-based Jones Lang LaSalle Inc. rebounded more than 500 percent in the first quarter as the pace of commercial real estate transactions picked up throughout the world, suggesting signs of recovery. In the quarter ended March 31, 2011, the global real estate services firm reported net income of $1.5 million, or […]

Optimism dives on higher gas prices

Higher prices for gas and other commodities helped spur a 17 percent drop in optimism among small business owners in April, according to Glenview-based payroll provider SurePayroll, which tracks hiring and wage data monthly. The SurePayroll Small Business Scorecard indicates hiring and wages in April were flat with March, while the hiring index for Illinois dropped […]

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