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Business :: BLOGS » RSS »
Sunday, February 14, 2010
Chicago-based fashion designer Maria Pinto told the Sun-Times Saturday that she has closed her doors. Pinto designed gowns for First Lady Michelle Obama and Oprah, among others.
(AP File)
Chicago-based designer Maria Pinto hangs it up Bill Zwecker: A major Chicago-based fashion designer has closed her doors. Maria Pinto, whose high-profile customers have included first lady Michelle Obama, Oprah Winfrey and many of Chicago's top socialites and civic leaders, told the Chicago Sun-Times exclusively that she had initiated proceedings to cease business operations her company Lola Black LLC, including the closing of the Maria Pinto retail boutique in the West Loop. It was expected that Pinto would seek protection in a bankruptcy filing early this week.

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Curb the urge to buy stock in Toyota
David Roeder: The temptation is natural. You read the news and commiserate with Toyota owners in your life and you wonder, with everyone dumping on the company, is it time to buy the stock? It's what "buy low, sell high" is all about. And attention wanders. Consumers' distrust fades. Who remembers the Ford Explorers with the exploding Firestone tires back in 2000?

Magic in 'discussions' to buy Ebony/Jet publisher
Retired NBA star Magic Johnson is in talks to purchase Johnson Publishing Co., home to Ebony and Jet magazines and an archive of iconic photographs documenting U.S. black life for more than half a century. Johnson Publishing's Chicago headquarters would be included in the sale.

Milwaukee's Mitchell wants to be Chicago's 3rd airport
As a third Chicago airport, Peotone is largely in neutral. Gary's efforts have come up short as well. But Milwaukee's General Mitchell International Airport is making a run at it. Mitchell has emerged as one of the country's fastest-growing airports by becoming a flashpoint for discount competition.

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