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More workers get to work on time

 Employees are arriving to work on time in greater numbers than in years past, according to a new survey by Chicago-based CareerBuilder that polled about 2,500 U.S. employers and nearly 4,000 workers. Last year 15 percent of workers acknowledged arriving late to work once or more each week, down from 20 percent two years ago, […]

SEC probes private stock sales

The growing market for buying and selling shares of private companies may slow as the Securities and Exchange Commission begins to crack down on the largely unregulated process, The Wall Street Journal reported. Since late last year, the agency has been looking into disclosure rules and potential conflicts of interest involving brokers who connect buyers […]

127,000 barrels of beer on Goose Island

Chicago-based Goose Island Beer Co. will move production of two of its popular brews to New Hampshire until it finds a way to expand capacity locally, the Sun-Times reported. The company produced  127,000 barrels of brew last year, up from 110,000 barrels in 2009, and has grown every year during the past decade, the story […]

Private equity fund raises $3.25 billion

A Chicago private equity fund has raised more than $3.25 billion for its 10th buyout fund, exceeding its goal of $3 billion, the Chicago Tribune reported.  GTCR said Fund X is its largest fund to date. The company invests in financial services, health care, information services and technology companies, the story said. The Teachers’ Retirement […]

Groupon’s value could be $15 billion; co. heads to China

Groupon news-of-the-day: The local deal-of-the-day site that also has been generating its own news-of-the-day might be worth $15 billion in an initial public offering, Sandra Guy reported in a detailed column about the company in the Sun-Times. Guy also cites NeXtup research, which pegs Groupon stock at $40 per share  based on an offering of […]