According to the Chicago Sun-Times, Illinois Gov. Pat Quinn is set to propose closing the Tamms Correctional Center, a super-maximum security prison in southern Illinois, as a way to save money. The proposal will be part of the governor's budget address. The prison would begin closure in August, saving Illinois $21.6 million for the upcoming fiscal year, then $26.6 million annually every year ...

VF Corp.'s acquisition of Timberland last September paid off big in the fourth quarter, according to the North Carolina-based apparel company's earnings report.