Crain's Chicago Business articles from January 2002

Crain's Chicago Business archives from January 2002

Seeking a 'little palace'; Despite recession, condos in $2-million-plus range still lure buyers.(Statistical Data Included)
January 7, 2002... After more than 25 years in a Gold Coast apartment, Chicago socialite Sugar Rautbord is looking to buy her own place, and she knows just what she wants. ``I prefer homes with elevators-I'm not a house person,'' she says. ``And I don't want...

Peoria plan to landfill yard waste generates heat.(yard waste disposal in a municipal landfill in Peoria, Illinois)(Brief Article)
January 7, 2002... Environmentalists are peeved over a proposal in Peoria that would allow yard waste disposal in a municipal landfill. The city wants to conduct a five-year study of landfilling yard waste along with municipal solid waste to see if it...

Datebook.
January 7, 2002... WEEK OF JAN. 7 JAN. 8: Business Women's Network presents Protecting Identities. 11:45 a.m. to 1:15 p.m. Standard Club, 320 S. Plymouth Court. Fee: $40 members, $50 non-members. (773) 918-5008. JAN. 12: Northern Illinois Business...

State cuts bleed urban hospitals ; Inner-city centers listed as critical.(Illinois' governor state budget hurts hospitals)(Brief Article)
January 7, 2002... At inner-city hospitals-where the majority of patients are covered by the state's program for the poor, the elderly and the disabled-Gov. George Ryan's deep health care budget cuts may prove life-threatening. From Mount Sinai Hospital in...

Shopping center vacancies surge; Areawide rate jumps 25% as economy slows.(Brief Article)(Industry Overview)(Statistical Data Included)
January 7, 2002... With some retailers going out of business and others trimming expansion plans, the overall vacancy rate at Chicago-area shopping centers jumped more than 25% in 2001-one of the biggest year-to-year increases in more than a decade, according to...

No bell-ringer year for telecom; Strapped with extra debt and capacity, companies will keep on cutting.(industry forecasts for 2002)(Brief Article)
January 7, 2002... The telecommunications sector paid for the heady days of Internet euphoria with a nasty hangover in 2001, and the pain is likely to linger well into 2002. After leading the way into a recession by overestimating Internet demand and taking...

Bill Daley's new trade ; SBC president's telecom push faces Senate hang-up.
January 7, 2002... WASHINGTON, D.C.-After pushing free trade deals through a skeptical Congress and bringing a baggage-laden Al Gore within a few hundred chads of the White House, William Daley is up against even more formidable odds. Since late November,...

City clears way for office space boom; On tap: bigger West Loop buildings, transit upgrades.(Brief Article)
January 7, 2002... Downtown Chicago can and should add 40 million square feet of office space by 2020-an increase of one-third. But reaching that target will require bigger buildings in the West Loop, near the commuter railroad stations, and major upgrades in...

Late News.(News Briefs)
January 7, 2002... AMERITECH READIES CONSUMER PAYBACK Ameritech and parent SBC Communications Inc. are close to reaching an agreement with the Illinois Commerce Commission (ICC) and consumer advocate Citizens Utility Board (CUB) to pay up to a $200-million...

An overlooked category of 2001 news coverage.(Brief Article)
January 7, 2002... Most news organizations have already selected their choices for the biggest stories of 2001. It's no surprise that the Sept. 11 terrorist attacks on the World Trade Center and the Pentagon head the lists. But many other stories published...

Agencies go for broke; Payment delays hurt community support groups.(Brief Article)
January 7, 2002... The state's budget crisis is threatening the finances of dozens of non-profit agencies serving developmentally disabled individuals, and may force some out of business this year. Payments from the state have lagged as much as 20 business...

Florsheim is lacing up to find a buyer; Scuffed shoemaker's bonds and stock sag as $114-mil. debt payment looms.(Brief Article)(Statistical Data Included)
January 7, 2002... With losses piling up and its turnaround plan running out of time, Florsheim Group Inc. is looking for a buyer. Sources say Financo Inc., a New York investment banking boutique that Florsheim retained last fall, is seeking bids for the...

Tech Watch: A U.K.-backed arrival springing into action.(Spring Technology Group)(Brief Article)
January 7, 2002... Chicago may be locked in winter's icy grip, but the city's tech sector is seeing the first signs of a thaw. One of them is the arrival of Spring Technology Group, which recently opened its North American headquarters at 223 W. Erie St. The...

Repairing accounting industry's credibility.(Enron collapse spurs breakdown of trust between auditors and the public)(Brief Article)
January 7, 2002... The collapse of Texas' Enron Corp. is putting increased pressure on the company's auditor, locally based Andersen. Facing serious financial fallout and damage to its reputation, Andersen is fast becoming the focal point for those seeking to...

Real Estate Review: Slowdown in tourism, biz travel zaps area hotel market.(Brief Article)(Statistical Data Included)
January 7, 2002... Chicago's thriving hotel market cooled significantly in 2001, as the events of Sept. 11 and a faltering economy took a toll on tourism and corporate travel. Occupancy rates declined across the region, compared with 2000, and most hotels...

Profile: Apartment developer betting on west suburban market.(management of Equity Residential Properties Trust, president Gregory H. Smith)(Brief Article)(Statistical Data Included)
January 7, 2002... The apartment rental market is so weak that many developers have given up on the idea of new construction. But Gregory H. Smith, president of Chicago-based Equity Residential Properties Trust's central division, is a notable maverick. With...

Start messing around with state's budgeting process.(Brief Article)(Editorial)
January 7, 2002... Budget-making in Illinois state government is done deep in a dark hole that emits no light. The process shorts the cloutless, embarrasses clueless back-bench lawmakers and offends the concept of a democratic process. The dictatorship by an...

Executive Moves.(in the banking, real estate, and manufacturing sectors)(Brief Article)
January 7, 2002... FINANCIAL SERVICES Christopher M. Cameron, 33, to shareholder at Kutchins Robbins & Diamond Ltd. in Northbrook, from manager of auditing and accounting. Kim A. Cooley, 47, to manager at CNA Trust Midwest in Rockford, from first...

To protect employees, funds must mix it up.(advice on employee investment techniques)(Brief Article)
January 7, 2002... It has been fashionable in recent years to push managers to think like shareholders by giving them equity in the company, whether through options, stock purchase plans or 401(k) plans. But the recent sorry demise of Texas-based Enron...

Steelmaker staying afloat as rivals sink; Lifeline from Dutch parent helps Ispat Inland tread water.(Brief Article)(Statistical Data Included)
January 7, 2002... Bought out by a Dutch firm in 1998, Ispat Inland Inc.-formerly Inland Steel Co.-is proving that success is relative. Relentless cost-cutting and support from parent Ispat International N.V. have kept the sixth-largest U.S. steelmaker afloat...

People: Dominick's new president faces competitive challenge.(Scott Grimmett, new president of Dominick's Finer Foods Inc., challenges with other supermarkets)(Brief Article)
January 7, 2002... Scott Grimmett is taking the helm at Dominick's Finer Foods just as several heavy-hitting national chains are poised to enter the Chicago-area grocery market. Named president last month of the Oak Brook-based supermarket chain, Mr....

Supreme Court case will rule on shareholder rights.(Brief Article)(Column)
January 7, 2002... For nearly 50 years, the Securities and Exchange Commission has gone to bat for investors and sued crooked stockbrokers who abscond with their customers' money. But only now, in an exceptionally egregious Maryland case, has the U.S....

Hot tea for a chilly January afternoon.(Peninsula Chicago and Art Institute of Chicago offer tea services)(Brief Article)
January 7, 2002... Relaxing over afternoon tea is a delightfully civilized way to conduct a business meeting. While the Drake Hotel, the Four Seasons Hotel and the Ritz-Carlton Chicago are the city's big three of afternoon tea, the new Peninsula Chicago is...

Allstate slapped with EEOC suit.(U.S. Equal Employment Opportunity Commission lawsuit)(Brief Article)
January 7, 2002... Allstate Corp. of Northbrook should pay as much as $2 billion to 6,500 current and former agents who were forced to give up benefits, a lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC) contends. The EEOC sued Allstate...

Chicago Observer: Not even conservative Northern Trust will escape Enron fallout.(Brief Article)
January 7, 2002... Northern Trust Co.'s main game is not corporate lending. But the bank often pursues it to gain entree to more lucrative trust and other investment services from big-company customers. That may have been the case with Enron Corp., the...

Bumpy runway for Bensenville owners?; May face fight for best home deals.(purchase of homes to make way for airport construction)(Brief Article)
January 7, 2002... Bensenville property owners, caught in the path of the proposed expansion of O'Hare International Airport, can look forward to getting fair market value for their homes and businesses. That doesn't necessarily mean they'll get a good price. ...

Late News.
January 7, 2002... AMERITECH READIES CONSUMER PAYBACK Ameritech and parent SBC Communications Inc. are close to reaching an agreement with the Illinois Commerce Commission (ICC) and consumer advocate Citizens Utility Board (CUB) to pay up to a $200-million...

SEEKING SECURITY: A crowded talent pool; High-tech job hunters forced to fine-tune their search.(Industry Overview)
January 14, 2002... When Anupam Rath began work on his MBA in management information systems in 1999, he gave little thought to finding a job after graduation. At the time, it seemed that would be easy. The Internet rush was at full throttle, and the tech job...

Jordan's wife files for divorce.
January 14, 2002... Juanita Jordan filed for divorce from former Chicago Bulls star Michael Jordan, citing irreconcilable differences. Ms. Jordan, whose petition was filed in Lake County Circuit Court, is seeking custody of the couple's three children, with...

Chicago Observer: It's not Boeing but it would do: City aims to lure Jewel's parent.(Albertson's Inc. moving to Chicago?)
January 14, 2002... The Boise grapevine out in Idaho is rife with speculation that Jewel-Osco's hometown parent, Albertson's Inc., is about to decamp for Chicago. Describing the chatter as ``rumor,'' the company wouldn't rule out anything but insists, ``As we...

Andersen reputation on the line; Probes threaten firm's credibility.
January 14, 2002... WASHINGTON-What did Andersen employees shred, and when did they shred it? The future of the Chicago-based accounting firm hangs in the balance as its role in the spectacular collapse of Houston's Enron Corp. gets boiled down to a familiar...

Profile: Common tools form backbone of spine surgeon's new technique.
January 14, 2002... Reconstruction of the spine is one of the most complicated of all surgeries. Patients must wait three to six months for their bones to heal in order to support the spine, and can't attempt even a short walk before that. But by combining...

Motorola Web call; Company at cutting edge of Net phone technology.(Brief Article)
January 14, 2002... Obscured by the drumbeat of losses and layoffs at Motorola Inc. last year was one hopeful note. The humbled Schaumburg-based wireless communications equipment giant actually beat the competition to market with the next generation of...

Vying for unions in hot contest; 5th Dist. race pits influence vs. ideology.
January 14, 2002... Nafta, shmafta: Although Nancy Kaszak has a near-perfect voting record on labor issues as a former state legislator, Chicago unions are aligning with onetime antagonist Rahm Emanuel in the state's hottest congressional primary. Nine years...

Banking on deals in slowing market; MB Financial buys while others bide their time.(Brief Article)(Statistical Data Included)
January 14, 2002... At a time when other banks are growing cautious, MB Financial Inc. is on a growth binge. The once-sleepy parent of Chicago-based middle-market corporate lender Manufacturers Bank doubled in size to $3.5 billion in assets when it merged in...

Executive Moves.
January 14, 2002... FINANCIAL SERVICES John J. Keating, 44, to partner at Bayer Kolof & Lev in Northbrook, from manager. David Kobza, 42, William G. O'Sullivan, 43, and Melissa Schwartz, 36, to principal at Mulcahy Pauritsch Salvador & Co. Ltd. in Orland...

A new twist in Trump's tower plans; Luxury apartments now in the mix.
January 14, 2002... Donald Trump is still committed to building a skyscraper on the Chicago Sun-Times site along the Chicago River. But he doesn't know what's going to be in it. Although the New York-based Trump Organization has retooled its design for the...

A new strategy, CEO energize old exchange ; Seeing a future in trading oil, gas contracts online.
January 14, 2002... An obscure futures exchange with one dowdy contract-barge freight-is aiming for livelier days by targeting deregulated energy markets and hiring as its CEO Robert S. Hamada, former dean of the University of Chicago Graduate School of Business....

Mini bull market giving local stocks a run; After two years of declines, optimism returns.(Brief Article)
January 14, 2002... There are signs of life in the stock market but recognizing them will be tricky this year. Anticipating an economic recovery and rising corporate profits, professional investors are betting that stocks-particularly those of manufacturers,...

Online resource for entrepreneurs; Brokers.(Brief Article)
January 14, 2002... BizBuySell www.bizbuysell.com Facilitates sales of businesses. More than 15,000 businesses are listed, and roughly 6,000 listings are added or updated monthly. Includes new franchise offerings and start-up business opportunities, as...

Online resource for entrepreneurs; ASSOCIATIONS AND ORGANIZATIONS.(Brief Article)
January 14, 2002... Chicago Manufacturing Center www.cmcusa.org Offers information on its consulting services and programs, as well as success stories of Illinois manufacturers. Provides links to other manufacturing sites and partner organizations. ...

GOP hopefuls' other race: winning biz backers.(Chicago-area politics)(Brief Article)
January 14, 2002... It's the chairman of Tellabs Inc. vs. the CEO of Focal Communications Corp., and the head of Household International Inc. against the former head of Quaker Oats Co. One candidate just won a coveted nod from Aon Corp. Chairman and CEO...

Online resource for entrepreneurs; Information Services.(Brief Article)
January 14, 2002... American Express Small Business Exchange www.americanexpress.com Large database of articles and resources for small businesses. Directory lists business-to-business resources by region. Includes an online workshop for writing a...

Online resource for entrepreneurs; Operations.(Brief Article)
January 14, 2002... OpenAir.com Inc. www.openair.com A complete suite of Web-based professional services automation tools that allow users to manage projects, build proposals, report and approve travel expenses, track and bill time, create and deliver...

Online resource for entrepreneurs; Taxes.(IRS web site, www.irs.gov)(Brief Article)
January 14, 2002... Internal Revenue Service www.irs.gov Offers IRS tax forms, tax preparation information and educational documents that can be downloaded.

Online resource for entrepreneurs; Purchasing.(Brief Article)
January 14, 2002... BizBuyer.com Inc. www.bizbuyer.com Provides a request-for-quote service enabling businesses to buy a wide range of business products and services through competitive quotes from qualified suppliers. Kinkos.com Inc. ...

Online resource for entrepreneurs; Government.(Brief Article)
January 14, 2002... Chicago Department of Planning and Development www.cityofchicago.org/plananddevelop Listings of department services offered to small businesses, information about tax-increment financing and other financial assistance programs and...

Late News.
January 14, 2002... PRITZKER TO GIVE UP TOP JOB AT MARMON Robert A. Pritzker, president and CEO of Marmon Group Inc., this week is expected to announce plans to step down as head of the manufacturing and services conglomerate he has overseen for nearly 50...

Looking to be lord of rings; Jeweler eyes Super Bowl action.
January 14, 2002... No one would like to see the Chicago Bears in Super Bowl XXXVI more than Howard Kaplan. A lifelong Bears fan, Mr. Kaplan runs Glenview-based Henry Kay, one of several firms that design championship rings and that will be vying for the...

Despite this year's pain, telecom can make gains.(Brief Article)
January 14, 2002... Despite talk that the economy will perk up later this year, the telecommunications sector is still dragging as demand for its products and services is expected to decline 11% in 2002, compared with 2001. With customer orders down, the...

Rush sells cells in latest venture; $2-million lab will develop, market new cancer therapy.(Rush-Presbyterian-St. Luke's Medical Center has new cell pharmacy)(Brief Article)
January 14, 2002... FedEx a cancerous tumor to Rush-Presbyterian-St. Luke's Medical Center, and researchers will send back cells to kill it. That's the plan at Rush's new cell pharmacy, which will dispense cells trained to scout out tumors and destroy them....

Tech Watch: Waiting in the wings: a new Comdisco CEO.(Brief Article)
January 14, 2002... Comdisco Inc. hasn't formally announced a successor to CEO Norman Blake. But a change at the top appears to be imminent, if one connects the dollars in the incentive-laden employment contracts of Mr. Blake and his heir apparent, Michael Fazio....

Real Estate Review: Inland Group shops for growth in Southeast.
January 14, 2002... Inland Group Inc. has been investing in real estate around Chicago since its founding by four moonlighting schoolteachers in 1968. Now, however, Inland is putting most of its new money into shopping centers in the Southeast. This month,...

City's Internet project becomes a Daley double.(Mayor's brother heads company city wants to do business with)(Brief Article)
January 14, 2002... It's fun to watch the Blues Brothers mangle R&B classics while demonstrating that even fat guys can dance. But in the months ahead, it will be a lot more interesting to see what kind of harmony is produced by the Broadband Brothers, William and...

Behind the looking glass of Madigan endorsement.(Mayor Daley indorsement of Lisa Madigan)(Brief Article)
January 14, 2002... Mayor Richard Daley doesn't do endorsements. At least formal endorsements. Which is why his endorsement of Lisa Madigan, the lightly qualified young lawyer and daughter of Illinois House Speaker and state Democratic Chairman Michael...

Crain's hosts preview of historical retrospective.
January 14, 2002... On Feb. 13, Crain's will present its first Chicago Historical Society corporate preview breakfast. Attendees at this exclusive Crain's event will hear from Historical Society President Lonnie G. Bunch, curator of the soon-to-open exhibit,...

For cost-cutting firms, price may not be right.(overview of cost-cutting as a marketing tool)(Brief Article)
January 14, 2002... Let's hear it for discounting. During this recession, price-cutting has been trashed by Wall Street soothsayers-that intrepid band of influential industry analysts and stock pickers-as a pathetic, desperate effort to keep customers coming...

Where Napa Valley meets the frosty prairie.(services of the new Napa Valley Grille)(Brief Article)
January 14, 2002... The mystique of Northern California's wine country comes neatly packaged to River North in Napa Valley Grille, the eighth outpost of one of California-based Constellation Concepts Inc.'s restaurants. Done in earth tones with a handsome bar...

Online resource for entrepreneurs; General Resources.(Brief Article)
January 14, 2002... Idea Cafe Inc. www.businessownersideacafe.com Serves up a fun approach to serious business, with hearty advice on how to start, finance and run a small business. ``Cyberschmooz Forums'' give virtual peer feedback on business ideas and...

Wireless biz aims to link road warriors to office.(new portable computer from Rosetta Wireless Corp.)(Brief Article)
January 14, 2002... Have you ever wished you could carry your file cabinet around with you? That's a question a group of telecommunications engineers are posing as they throw their latest idea into the crowded wireless ring. West Chicago-based startup...

Online resource for entrepreneurs; Finance.(Brief Article)
January 14, 2002... Business Angels International www.equityinternational.com Aims to link investors with small-to-medium-sized companies needing capital, and to improve communications between private investor networks. Available for deal consultation and...

Online resource for entrepreneurs; Multiple Service Providers.(Brief Article)
January 14, 2002... CitiBusiness.com www.us.citibusiness.com Citigroup-sponsored site offers access to online financial services-including banking, insurance, credit card processing and accounting and payroll-as well as targeted information to build small...

Serving houses of the holy; Companies that cater to religious institutions find spiritual rewards on the path to profitability.
January 14, 2002... Hundreds of small businesses have answered the call to meet the corporeal needs of some 6,000 spiritual centers in the Chicago area. The local market for maintaining and outfitting churches, synagogues and mosques and preserving their...

Online resource for entrepreneurs; Sales and Marketing.(Brief Article)
January 14, 2002... Bigstep.com www.bigstep.com Do-it-yourself online service center where small companies can build business Web sites, communicate with customers, market their sites, perform credit card transactions and track visitors. Definition 6...

Down for the count: Why Andersen can't win fight.
January 21, 2002... The Andersen we've known is gone and will never return. The final fate of the Chicago-based accounting firm is yet to be determined, but it's very possible that the company will go out of business, brought down by the weight of its own...

Comdisco clean-up chief gets mussed as Enron mud flies.(Comdisco Inc. CEO and Enron board member Norman P. Blake)
January 21, 2002... If any outsider on Enron Corp.'s board of directors could have seen the energy giant's troubles coming, it should have been Norman P. Blake. The 60-year-old veteran financial executive hired last year to save Rosemont-based Comdisco...

Ameritech sets rebates.(Brief Article)
January 21, 2002... As expected, Chicago-based telephone company Ameritech and its parent, San Antonio-based SBC Communications Inc., agreed to pay a $224-million refund to residential and small business customers in a settlement reached with the Citizens Utility...

Quote of the Week.
January 21, 2002... These directors are going to carry this albatross of Enron around with them for the rest of their careers. Patrick McGurn, vice-president of Maryland-based Institutional Shareholder Services, on Enron directors including Comdisco CEO Norman...

Partners' choice: fight or flight.(liability of accounting firm Andersen L.L.P.)
January 21, 2002... During these perilous days for accounting firm Andersen, the three most important letters of the alphabet are not CPA. They're LLP-the suffix in Andersen's formal title that designates it a limited liability partnership. Andersen and other...

Investors will push tougher auditing rules; Controversy to dog annual meetings.
January 21, 2002... Those dull corporate annual meetings are going to get more exciting. With the Andersen-Enron Corp. accounting debacle fresh in their minds, shareholders will be going for the jugular during the upcoming annual meeting season-demanding to...

MGM rolling dice on Rosemont; Las Vegas giant in $600-million casino license deal.
January 21, 2002... MGM Mirage Inc. would pay more than $600 million to buy out the embattled promoters of a casino in suburban Rosemont, who would then forward about $150 million to the state under a deal brokered by the newly appointed top executive of the...

Curtain falls on solo act at Marmon; Outsider vows to beef up management.(retiring Marmon Group CEO Robert A. Pritzker to be succeeded by John D. Nichols)
January 21, 2002... Under Robert A. Pritzker, Marmon Group was as much one man's passion as it was a globe-spanning, $6.5-billion business. With Mr. Pritzker's retirement at 75 last week, after 48 years at Marmon's helm, the manufacturing and services giant is...

Countdown for Andersen; Survival hinges on a swift and expensive deal.
January 21, 2002... To survive the Enron Corp. debacle, Andersen LLP will have to forge a relatively quick, and extremely costly, settlement. Striking that kind of deal could be daunting, given the number of lawsuits and investigative bodies involved in the...

Executive Moves.(multiple brief articles)
January 21, 2002... FINANCIAL SERVICES Colette Burke-Blan, 50, to clinical director of the medical management department at Blue Cross and Blue Shield of Illinois, from executive director at Blue Cross and Blue Shield Assn. Frank Coyne, 50, to...

Redefining job description of Chicago's zoning code.(commercial storefronts )(Brief Article)
January 21, 2002... What's next for some of Chicago's 700 miles of commercial storefronts that can't compete with big-box retailers? What chance do Grandpa and Grandma have of finding low-maintenance senior housing in the old neighborhood? How about more dry...

Exec to boot up Harris' expanded online brokerage efforts.(Bruce S. Schwenger and Harris Bankcorp Inc.)(Brief Article)
January 21, 2002... It's been just more than a year since Bruce S. Schwenger arrived in Chicago from Toronto as the head of Harris Bankcorp Inc.'s modest online brokerage unit. With the size of Harris' online business poised to quadruple after corporate...

INVESTED INTERESTS: Conscience and clout; More funds push social agenda at shareholder meetings.(pension funds)
January 21, 2002... Vidette Bullock-Mixon remembers 1987 as the year protesters circled the Evanston headquarters of the United Methodist Church's pension fund. Outraged that the fund invested in companies that had operations in South Africa, the church...

Soldier Field history is no defense for new stadium.(Brief Article)
January 21, 2002... For the record, I am not an architecture buff, I have no financial interest in any Chicago stadium and I'm not a member of any park or environmental group. But I do know something about Chicago political history and the building of Soldier...

Road to Trouble.(Brief Article)
January 21, 2002... Feb. 5 Enron's accounting practices are the focus of an Andersen meeting on whether to keep Enron as a client. Aug. 14 Enron CEO Jeffrey Skilling resigns unexpectedly; Chairman and former CEO Kenneth Lay takes over as CEO. ...

Call this journalism? C'mon, gimme a break.(Brief Article)(Editorial)
January 21, 2002... I occasionally come across news items that fall into the ``Gimme a break'' category. These are things that we could figure out for ourselves and didn't need the media to explain to us. Whether print or broadcast, the media often tell us...

Real Estate Review: Fraternal group keeps the reins on land offer.(Moose International's land in Illinois)(Brief Article)
January 21, 2002... For most of the past decade, developers have coveted the farmland owned by Moose International along the fast-growing Randall Road corridor in west suburban Batavia. Now that it's on the market, however, developers might not like the terms. ...

Late News.(Brief Article)
January 21, 2002... ALLSTATE ACQUIRES ACCENTURE CAMPUS Northbrook-based Allstate Corp. has acquired Chicago-based Accenture Ltd.'s 65-acre campus in the northern suburb for about $65 million, according to real estate sources. An Allstate spokesman confirms...

Tech Watch: Diamond takes a cut as a rainmaker exits.(Henry ``Hawk'' McIntosh leaves DiamondCluster International Inc. for Accenture Ltd.)(Brief Article)
January 21, 2002... Henry ``Hawk'' McIntosh is winging it back to Accenture Ltd. That's a blow for Chicago's DiamondCluster International Inc., the tech strategy shop where Mr. McIntosh has been a rainmaker for the past 21/2 years as head of the firm's business...

Andersen's long road.(Brief Article)
January 21, 2002... www.chicagobusiness.com/andersen Find the latest news on Andersen, access official statements from the firm and government regulators and take our online poll.