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Wade Miquelon. (Walgreen Co.)
Walgreen Co. Chief Financial Officer Wade Miquelon was arrested on suspicion of drunken driving last month, his second such arrest in a little more than a year, according to court records.
Miquelon, 45, of Winnetka, was stopped in a Jeep at 10:03 p.m. Sept. 25 in the 200 block of Sheridan Road in Kenilworth. Police ticketed him for having a tail light out, driving with a suspended license and driving under the influence.
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Killer jellyfish, ghost towns and a cartoon weathergirl will be among the stars of a new 3-D television network under development by Discovery Communications Inc., Sony Corp. and Imax Corp., the companies said Monday. Get the full story »
Google Inc. blew past Wall Street’s quarterly profit and revenue expectations as a 25 percent revenue surge offset rising expenses, sending its shares up 9 percent. Get the full story »
A new fund could help bring high speed Internet to unserved and remote areas of the United States, U.S. telecommunications regulators said on Thursday.
The Federal Communications Commission proposed allocating universal service funds — fees consumers pay telephone companies to subsidize landline phone services for low-income and rural families — to create a “mobility fund” to expand broadband Internet to areas without service. Get the full story »
Mobile phone companies would have to warn customers before they rack up eye-popping extra fees on their bills under rules that the U.S. Federal Communications Commission will propose Thursday.
The FCC wants to curb so-called bill shock by making mobile phone companies send text or voice alerts to customers before charging them for services not covered by their plans.
“Our core goal is to make it easy for consumers to determine their destiny when it comes to their services and their monthly bills,” said FCC Chairman Julius Genachowski. Get the full story »
Apple Inc.’s stock flirted with $300 Tuesday as investors high on the iPad’s promise pushed shares to a record peak. Analysts see few reasons to believe shares will stop there. Get the full story »
The Microsoft store planned for Oakbrook Center in Oak Brook will open on Nov. 4, making the Chicago-area location the fifth such store for the technology giant.
Microsoft’s first store opened a year ago in Scottsdale, Arizona and the company also has locations in Mission Viejo, Calif., Lone Tree, Colo., and San Diego. Get the full story »
Microsoft Corp. issued its biggest-ever security fix Tuesday, including repairs to its ubiquitous Windows operating system for flaws that could let hackers take control of a user’s personal computer.
Microsoft released 16 security patches to address 49 problems it identified in its products.
It said four of the patches were high priority and should be deployed immediately to protect users from potential criminal attacks on the Windows operating systems. The patches are software updates that write over glitches. Get the full story »
IBM shares hit an all-time high Monday, with the stock riding a slight market upswing. It rose as high as $139.88 before closing at $139.66, up 81 cents for the day. The previous high was $139.19, reached during the dot-com boom on July 13, 1999. Get the full story »
Motorola Inc. shares slipped Friday after a downgrade from Citi Investment Research on fears of increasing competition in the smart phone market.
Warner Bros. Pictures has canceled its planned 3-D release of “Harry Potter and the Deathly Hallows, Part I,” saying it’s run out of time to do the job right.
Dan Fellman, president of domestic distribution at the studio, a unit of Time Warner Inc., told Dow Jones that it ran out of time to deliver the quality 2-D to 3-D conversion that “Harry Potter deserves.” The film was scheduled for release Nov. 19 in digital 3-D and Imax 3-D. Get the full story »
Nasdaq OMX Group Inc., operator of the Nasdaq stock exchange, will strip information from stock orders that some traders say is too revealing.
Starting Dec. 6, Nasdaq will hide reference numbers assigned to orders meant to be invisible to the market, the exchange said Thursday in an alert to traders. Some traders were concerned that sophisticated computer programs could use those reference numbers to identify a larger pattern in orders and use that to manipulate prices. Get the full story »
U.S. aviation officials are warning air carriers that new research shows lithium batteries are sensitive to heat and can ignite in-flight if transported in cargo compartments that get too hot. Get the full story »
Amazon.com Inc. plans to open a software-applications store for smartphones running Google Inc.’s Android operating system, putting it in head-to-head competition with Google’s own digital-app store.
According to an Amazon document for developers viewed by The Wall Street Journal, Amazon would take a 30 percent cut of sales, with the developers keeping the rest. The document includes a stipulation that the apps can’t be offered at a lower price elsewhere. Get the full story »
Verizon Wireless said Thursday it has invested roughly $135.5 million in its network in Illinois during the first nine months of the year, laying the groundwork for the planned Chicago launch of its 4G network by the end of 2010.
Company spokeswoman Carolyn Schamberger said Verizon’s total Illinois investment for all of 2009 was $168 million, putting the operator on track to outspend last year’s investment. A direct nine-month comparison was not available.
Verizon announced Wednesday that it will light up its 4G wireless network in 38 metropolitan areas, including Chicago, by year-end. In the Chicago area, the 4G network will cover more than 7 million people, T.J. Fox, Verizon’s region president for Illinois and Wisconsin, told reporters on a Thursday call. Get the full story »
