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Factory Orders Drop 3.9 Percent In December

Posted: 02/05/2009 - The government says orders to U.S. factories fell for a record fifth straight month in December, closing out the worst year for American manufacturers since 2002

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10:10 Economy: Foreclosure Advice

Updated: 04/28/2010 - The number of home foreclosures is expected to rise to more than 8 million in the next four years, unless the government steps in to help. A local mortgage broker says there are some things homeowners can and should do before they fall into that same boat.

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Iconic Chicago Church Offers Mass Despite Fire

Posted: 02/05/2009 - Dozens of parishioners are attending morning Mass at Chicago's Holy Name Cathedral, a day after the landmark church was devastated by fire and water damage.

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10:10 Economy: Government Creating A 'Bad Bank'?

Updated: 04/28/2010 - The government is thinking about creating a 'bad bank.' Basically it's a way for the federal government to be able to buy up the bank's 'bad' assets, sell them when the market improves, and free up credit in the meantime. But two local bankers are not sold on the idea.

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Sun-Times CEO Cyrus Freidheim Quits

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Posted: 02/05/2009 - A power shift on the board of directors of Sun-Times Media Group, parent of the Chicago Sun-Times, has prompted the resignation of chief executive officer Cyrus Freidheim.

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Rockford Unemployment Tops Charts

Posted: 02/04/2009 - So just how does Rockford's unemployment rank compared with other metropoliton areas in the country? In a word, dismal.

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United Way Cuts

Posted: 02/04/2009 - Another sign of the times hits a major non-profit in the Rock River Valley. The United Way announced a host of cutbacks Wednesday, including staff and funding for 49 local agencies.

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Sundstrand Offers Buyout Packages

Posted: 02/04/2009 - Rockford's largest manufacturer is now offering buyout packages to a portion of its salaried workforce.

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Local Science Competition

Posted: 02/04/2009 - For the ninth consecutive year, Keith Country Day School in Rockford, takes first place in a regional science competition.

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State Of Illinois Releases Sobering Budget

Posted: 02/04/2009 - A sobering report today on just how big our state's budget hole has grown. Comptroller Dan Hynes says it's a whopping 8.9 billion dollars.

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Lawmakers push for voters to fill Senate vacancies

Posted: 02/04/2009 - ANNAPOLIS, Md. (AP) -- Amid allegations that former Illinois Gov. Rod Blagojevich tried to sell President Barack Obama's U.S. Senate seat, state lawmakers across the country are pushing to give voters -- not governors -- the power to fill similar vacancies.

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NY Gov Says Campaign Aide Leaked Kennedy Dirt

Posted: 02/04/2009 - New York Gov. David Paterson says a campaign staffer leaked unsubstantiated claims to the press that Caroline Kennedy "wasn't ready for prime time" and faced possible tax, nanny and marital problems.

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Ethnic Comments Upset Va. Tech President

Posted: 02/04/2009 - Virginia Tech's president is telling the campus that he regrets some comments he's received about the ethnicity of the man charged in the death of a fellow student last month.

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