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 NEWS: CHICAGO TRIBUNE BUSINESS NEWS
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   NEWS: CHICAGO TRIBUNE BUSINESS NEWS
Chicago Tribune Business News
Jan 26, 2022

City Council approves 30-acre mixed-use development in Little Village that will include new Saint Anthony Hospital
The $700 million development will be called the Focal Point Community Campus

Chicago Tribune Business News
Jan 26, 2022

Stocks fall, yields rise after Fed signals rate hike ‘soon'
An early market rally gave way to a broad slide for stocks and a surge in bond yields Wednesday after the Federal Reserve signaled it plans to raise interest rates "soon."

Chicago Tribune Business News
Jan 26, 2022

Abbott sold $2.1 billion worth of rapid COVID-19 tests in the last three months of 2021
Abbott has distributed more than 1.4 billion COVID-19 tests globally since the pandemic began

Chicago Tribune Business News
Jan 26, 2022

Fed plans to raise rates as soon as March to cool inflation
The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in cooling escalating inflation.

Chicago Tribune Business News
Jan 26, 2022

Boeing posts $4 billion loss tied to problems with 787 jet
Boeing reported a $4.16 billion loss for the fourth quarter as the financial fallout of production flaws in the 787 Dreamliner grew much worse.

Chicago Tribune Business News
Jan 26, 2022

Cook County scavenger sale makes changes aimed at becoming more accessible to small developers, neighbors
Cook County Treasurer Maria Pappas said her office is making changes to the scavenger sale of tax delinquent houses.

Chicago Tribune Business News
Jan 26, 2022

Cook County Treasurer to make it easier for developers to snag abandoned properties in annual sale that has been stuck ‘in intensive care unit'
Cook County Treasurer Maria Pappas said her office is making changes to the scavenger sale of tax delinquent houses.

Chicago Tribune Business News
Jan 25, 2022

Mars Wrigley closing nearly century-old chocolate plant on Chicago's West Side
Mars Wrigley is closing a nearly century-old chocolate plant on Chicago's Far West Side once hailed as the most beautiful candy factory in America.

Chicago Tribune Business News
Jan 25, 2022

Trump Tower condo owners stand to receive $222,000 property tax refund from Chicago Public Schools
Owners in the luxury building banded together to appeal their tax assessments.

Chicago Tribune Business News
Jan 25, 2022

Stocks end lower on Wall Street after another volatile day
Another volatile bout of trading on Wall Street ended with a broad pullback for stocks Tuesday, as investors grapple with economic red flags.

Chicago Tribune Business News
Jan 25, 2022

Burritos, inflation and privilege: As food costs rise in Chicago, a social media uproar highlights who really bears the brunt
For a brief moment over the weekend, west suburban Hinsdale became the center of a viral moment involving inflation, burritos, wealth and privilege.

Chicago Tribune Business News
Jan 25, 2022

Stocks fall broadly as a bout of market volatility continues
Stocks fell sharply on Wall Street Tuesday, continuing a volatile bout of trading that has sent markets swinging between sharp losses and gains as investors gauge several threats.

Chicago Tribune Business News
Jan 25, 2022

Fed to signal rate hike as it launches risky inflation fight
With inflation punishing consumers and threatening the economy, the Federal Reserve this week will likely signal its intent to begin raising interest rates in March for the first time in three years.

Chicago Tribune Business News
Jan 25, 2022

Renters facing eviction could receive free legal aid under new $8 million city initiative
"The stakes are so high," one housing advocate said. "The consequences of eviction can linger for so long."

Chicago Tribune Business News
Jan 24, 2022

Pritzker vetoes proposal to pay COVID-19 sick leave to all school employees, says only fully vaccinated should be compensated
Gov. J.B Pritzker vetoed legislation Monday that would have guaranteed COVID-19-related sick leave for school employees, while signaling support for a "compromise" plan that would limit compensation to only those who are fully vaccinated.

Chicago Tribune Business News
Jan 24, 2022

Stocks recover as investors jump in after big sell-off
Stocks recovered from big early losses Monday as investors jumped in before the closing bell.

Chicago Tribune Business News
Jan 24, 2022

CTA tracks will be demolished and rebuilt on North Side as the next phase of the Red-Purple Line project begins
Demolition is expected to begin around Feb. 8 between Newport Avenue and Roscoe Street

Chicago Tribune Business News
Jan 24, 2022

Dow drops 1,000 points as markets extend slide in 2022
The Dow Jones Industrial Average dropped more than 1,000 points Monday as financial markets buckled in anticipation of inflation-fighting measures from the Federal Reserve and fretted over the possibility of conflict between Russia and Ukraine.

Chicago Tribune Business News
Jan 24, 2022

Retired WBBM-Ch. 2 reporter Derrick Blakley sells Evanston town home for $670,000
Blakley first listed the townhome in April

Chicago Tribune Business News
Jan 24, 2022

Retired WBBM-Channel 2 reporter Derrick Blakley sells Evanston town home for $670,000
Blakley first listed the townhome in April

Chicago Tribune Business News
Jan 24, 2022

Stocks slide at open on Wall Street; S&P 500 at 6-month low
Stocks are sliding at the open on Wall Street Monday, extending a recent run of losses that have left the S&P 500 at 6-month lows.

Chicago Tribune Business News
Jan 24, 2022

Next phase of $6 billion Lincoln Yards megadevelopment to break ground by summer, bringing retail and recreation to former industrial riverfront
Sterling Bay unveiled detailed plans for the next phase of the mixed-used Lincoln Yards megadevelopment, which is expected to break ground this summer along the North Branch of the Chicago River.

Chicago Tribune Business News
Jan 24, 2022

J. Christopher Reyes, co-chairman of Reyes Holdings, revealed as the buyer of the $36M Driehaus mansion in Lake Geneva
Reyes is co-chairman of privately held Rosemont-based beer and food distribution firm Reyes Holdings

Chicago Tribune Business News
Jan 23, 2022

FBI agents search Center for COVID Control offices in Rolling Meadows following consumer complaints
The Center for COVID Control has come under scrutiny from law enforcement for alleged fraud and deceptive business practices in its testing sites.

Chicago Tribune Business News
Jan 21, 2022

Stocks extend losses for third week; Netflix plunges
Stocks fell in morning trading on Wall Street Friday as every major index heads for another weekly loss amid rising inflation and an expected increase in interest rates. Streaming video service Netflix plunged 24.5% after it delivered another quarter of disappointing subscriber growth.

Chicago Tribune Business News
Jan 21, 2022

Mars gives M&M's a makeover to promote inclusivity
The company said that it will provide a modern take on the appearances of its six characters — which Mars calls "lentils" — and give them more nuanced personalities. The lentils, which are featured in red, green, orange, yellow, brown and blue, will also come in different shapes and sizes.

Chicago Tribune Business News
Jan 21, 2022

Stocks fall, head for another weekly loss; Netflix plunges
Stocks fell in morning trading on Wall Street Friday as every major index heads for another weekly loss amid rising inflation and an expected increase in interest rates. Streaming video service Netflix plunged 24.5% after it delivered another quarter of disappointing subscriber growth.

Chicago Tribune Business News
Jan 21, 2022

Report: Peloton pauses production on bikes, treadmills
Peloton's shares tumbled on Thursday after a media report said the exercise and treadmill company was temporarily halting production of its connected fitness products amid waning consumer demand.

Chicago Tribune Business News
Jan 20, 2022

35-acre horse farm, one of the largest remaining privately owned estates in Wheaton, could be sold
The Bolger family has asked area homebuilders for bids to develop the property.

Chicago Tribune Business News
Jan 20, 2022

Chicago's top doctor ‘hopeful' COVID-19 vaccine mandate for restaurants and public venues will end by spring
Chicago's indoor vaccination requirement will be lifted once the COVID-19 spread declines substantially, the city's top health official said.

Chicago Tribune Business News
Jan 20, 2022

US jobless claims rise to 286,000, highest since October
The number of Americans applying for unemployment benefits rose to the highest level in three months as the fast-spreading omicron variant continued to disrupt the job market.

Chicago Tribune Business News
Jan 20, 2022

United posts $646 million loss, omicron casts shadow over 1Q
The Chicago-based airline said fourth quarter losses could bleed into the first quarter of 2022, amid the current spike in COVID-19 cases.

Chicago Tribune Business News
Jan 19, 2022

Top editorial staff leaving A.V. Club entertainment site after refusing to relocate from Chicago to new offices in LA
Top editorial staff at the Chicago-based A.V. Club, a sister publication to The Onion, are leaving the entertainment website en masse after refusing a mandatory relocation to new offices in Los Angeles.

Chicago Tribune Business News
Jan 19, 2022

Path cleared for 2023 Waukegan cannabis dispensary opening; spending sales tax revenue on ‘racial inequalities' remains at issue
The City Council voted 8-1 during a virtual meeting Tuesday to approve a conditional use permit for World of Weed, Inc., to operate its dispensary on Waukegan Road near the Fountain Square shopping center, giving the business what it needs to begin readying its building.

Chicago Tribune Business News
Jan 19, 2022

Plan to open cannabis growing facility in Elgin industrial plan headed to city council for final OK
Flora Group, a cannabis craft grower that wants to open Elgin's first pot production facility, has won the recommendation of the city's Planning and Zoning Commission.

Chicago Tribune Business News
Jan 19, 2022

Starbucks nixes vaccine mandate after Supreme Court ruling
The Seattle coffee giant is dumping its vaccination requirement for employees, citing last week's ruling by the U.S. Supreme Court, which rejected the Biden administration's plan to require vaccines or regular COVID testing at companies with more than 100 workers.

Chicago Tribune Business News
Jan 19, 2022

Under strain, UChicago Medicine Ingalls hospital gets medical workers from federal government
The workers arrived at the hospital Monday

Chicago Tribune Business News
Jan 19, 2022

Microsoft's Activision buy could shake up gaming
What does Microsoft-Activision deal really mean for the millions of people who play video games, either on consoles or their phones?

Chicago Tribune Business News
Jan 19, 2022

Jackpot: Bipartisan legislation proposed for long-desired Lake convention center finds home adjacent to casino Gary jackpot
The bill calls for the creation of the Lake County convention and entertainment district along with a Lake County convention and entertainment fund to be administered by the Northwest Indiana Regional Development Authority.

Chicago Tribune Business News
Jan 19, 2022

Inflation hits 7.5% in Midwest; surging consumer prices ‘disastrous'
Economists see more trouble ahead as we enter the third year of a pandemic.

Chicago Tribune Business News
Jan 18, 2022

WBEZ parent moving forward with Sun-Times acquisition, forming joint nonprofit newsroom
The Chicago Public Media board voted Tuesday to move forward with its acquisition of the Chicago Sun-Times, joining the daily newspaper with WBEZ-FM 91.5 as one nonprofit newsroom.

Chicago Tribune Business News
Jan 18, 2022

COVID-19 pandemic worsens hiring woes at Illinois schools, with 88% of districts reporting teacher shortages in new survey
Nearly 90% of Illinois school districts statewide are struggling with an alarming teacher shortage that has reached a crisis level during the COVID-19 pandemic, officials with an organization of regional superintendents said Tuesday.

Chicago Tribune Business News
Jan 18, 2022

City of Naperville poised to make a tax killing from 2021 car sales despite few cars being sold
Naperville is on track to receive more than $10.3 million in tax revenue from vehicle sales in 2021 because of the rising cost of cars.

Chicago Tribune Business News
Jan 18, 2022

Allstate buys 29 N. Wacker building in Chicago, could move HQ there after selling Northbrook campus
Less than two months after reaching a deal to sell its longtime Northbrook campus, Allstate has purchased an office building in Chicago's Loop, which may serve as its new headquarters.

Chicago Tribune Business News
Jan 18, 2022

Expansion planned at Delnor Hospital's Cancer Center in Geneva
The Geneva Planning and Zoning Commission has unanimously recommended site plan approval for an expansion of Northwestern Medicine Delnor Hospital's Cancer Center in Geneva.

Chicago Tribune Business News
Jan 18, 2022

Ford, ADT form venture to make vehicle security products
The first product, called Canopy, is a system that uses cameras, radar, global positioning and artificial intelligence to spot a potential thief and notify the security firm.

Chicago Tribune Business News
Jan 18, 2022

Frontier Airlines to begin flying out of Chicago's Midway Airport in April
Frontier used to fly out of Midway Airport, but left in early 2015 to consolidate operations at O'Hare

Chicago Tribune Business News
Jan 18, 2022

AT&T says it will delay some 5G after airlines raise alarms
AT&T will postpone new wireless service near some airports planned for this week after the nation's largest airlines said the service would interfere with aircraft technology and cause massive flight disruptions.

Chicago Tribune Business News
Jan 18, 2022

AT&T, Verizon pause some new 5G after airlines raise alarm
AT&T will postpone new wireless service near some airports planned for this week after the nation's largest airlines said the service would interfere with aircraft technology and cause massive flight disruptions.

Chicago Tribune Business News
Jan 18, 2022

Microsoft buys Activision Blizzard, maker of Call of Duty and World of Warcraft, for $68.7 billion
The all-cash deal will let Microsoft accelerate mobile gaming and provide building blocks for the metaverse, or a virtual environment.

Chicago Tribune Business News
Jan 18, 2022

Microsoft buys Activision Blizzard, maker of ‘Call of Duty' and ‘World of Warcraft,' for $68.7 billion
The all-cash deal will let Microsoft accelerate mobile gaming and provide building blocks for the metaverse, or a virtual environment.

Chicago Tribune Business News
Jan 18, 2022

Oak Park Village Board OKs converting basements, attics, into separate dwelling units
Oak Park's Village Board voted to allow residents to create accessory dwelling units, or separate units in their basements or attics.

Chicago Tribune Business News
Jan 18, 2022

New law allows donation of unused medication in Illinois. But it could take some time to get started.
A new law that takes effect Jan. 1 will allow donations of unused medication for other patients to use.

Chicago Tribune Business News
Jan 18, 2022

Launching websites, loan applications: How FoodLab Chicago helps South Side restaurants weather pandemic
FoodLab Chicago is a nonprofit helping South Side restaurants shift to online ordering and takeout or in applying for the Paycheck Protection Program.

Chicago Tribune Business News
Jan 17, 2022

Lawsuit against Amazon filed in connection with December tornado that left 6 dead at downstate warehouse
Independent contractor Austin McEwen, 26, and others were required to work in conditions that management knew were unsafe, law firm alleges.

Chicago Tribune Business News
Jan 17, 2022

Lake Geneva mansion owned by late investment manager Richard Driehaus sells for $36M, a Wisconsin state record
The estate was built in 1906 for noted banker and philanthropist Norman Wait Harris, whose firm was later known as Harris Bank.

Chicago Tribune Business News
Jan 15, 2022

Health care inequities add to frustration as hospitals face fifth COVID surge
The struggles of safety-net hospitals during the fifth COVID-19 surge reflect long-standing inequities in Chicago's health care community.

Chicago Tribune Business News
Jan 14, 2022

Former Blackhawk Olli Maatta takes loss on Near East Side condo
The condo has two bathrooms and a kitchen with bamboo floors

Chicago Tribune Business News
Jan 14, 2022

Vivid Seats moving headquarters to offices above historic Marshall Field building on State Street
Chicago-based online ticket broker Vivid Seats is moving its headquarters to the historic Marshall Field building in converted office space above Macy's flagship State Street store

Chicago Tribune Business News
Jan 14, 2022

Netflix upping US, Canada prices with competition growing
Netflix is raising prices for its video streaming customers in the U.S. and Canada, less than a year and a half since its last price increase, as competition from other streaming services increases.

Chicago Tribune Business News
Jan 14, 2022

Bank profits soared in 2021, but inflation is front of mind
Three of the nation's biggest banks reported blowout profits for 2021 on Friday, helped by the improving economy and consumers and businesses willing to spend and take on loans.

Chicago Tribune Business News
Jan 14, 2022

December retail sales slip after a record holiday season
Americans overlooked shortages, spiking prices and uncertainty over the omicron variant to break spending records during the critical holiday shopping season, but figures released Friday show that spending is starting to slow.

Chicago Tribune Business News
Jan 14, 2022

Chicago's competitive online grocery scene to get another player with California-based startup Farmstead
Farmstead, a California-based online grocer, is coming to Chicago with lower prices and free same-delivery, looking to take a bite out of Amazon Fresh and traditional grocery stores.

Chicago Tribune Business News
Jan 14, 2022

Condo Adviser: Proof-of-vaccine mandate doesn't apply to condo complexes
The mandate excludes locations in residential or office buildings

Chicago Tribune Business News
Jan 13, 2022

Businesses react to Supreme Court ruling against Biden vaccine mandate
For companies that were waiting to hear from the U.S. Supreme Court before deciding whether to require vaccinations or regular coronavirus testing for workers, the next move is up to them.

Chicago Tribune Business News
Jan 13, 2022

Chicago cites 10 restaurants, 6 other businesses for violating vaccine requirement order
Sixteen Chicago restaurants and businesses have been cited for violating the city's COVID-19 vaccine mandate since it was enacted Jan. 3.

Chicago Tribune Business News
Jan 13, 2022

Twitter, Meta among tech giants subpoenaed by Jan. 6 panel
Months after requesting documents from more than a dozen social platforms, the House committee investigating the Capitol insurrection has issued subpoenas targeting Twitter, Meta, Reddit and YouTube after lawmakers said the companies' initial responses were inadequate.

Chicago Tribune Business News
Jan 13, 2022

As omicron drives surge in COVID-19 cases, HealthCare.gov sign-up deadline arrives
People looking for health insurance in the grip of the omicron surge have through Saturday to sign up for taxpayer-subsidized private coverage under the Obama-era Affordable Care Act.

Chicago Tribune Business News
Jan 13, 2022

Glen Ellyn mansion that was the site of a labor-related bombing sells for $990,000
The mansion's new owner has a tie to the house dating back to his childhood.

Chicago Tribune Business News
Jan 13, 2022

US Mint begins shipping quarters honoring Maya Angelou
The United States Mint said this week it has begun shipping quarters featuring the image of poet Maya Angelou, the first coins in its American Women Quarters Program.

Chicago Tribune Business News
Jan 13, 2022

Wholesale prices jumped a record 9.7% in 2021
Prices at the wholesale level surged by a record 9.7% for all of 2021, setting an annual record and providing further evidence that inflation is still present at all levels of the U.S. economy.

Chicago Tribune Business News
Jan 13, 2022

U.S. jobless claims rise by 23,000 to 230,000
The number of Americans applying for unemployment benefits rose last week to the highest level since mid-November, but still low by historic standards.

Chicago Tribune Business News
Jan 13, 2022

Favorable calendar helps NWI casinos to good December report; Hard Rock Northern Indiana leads way with $32.45M
"The mild weather in December, along with having five Fridays certainly helped volumes in December," Schuffert said.

Chicago Tribune Business News
Jan 12, 2022

School of the Art Institute employees vote to join museum workers in new labor union
The results were tabulated Wednesday by the National Labor Relations Board's regional office in Chicago.

Chicago Tribune Business News
Jan 12, 2022

Bank president allegedly had employee falsify loan records for Ald. Patrick Daley Thompson, plea reveals
A former loan officer for a failed Bridgeport bank admitted in federal court Wednesday that she falsified loan records for Ald. Patrick Daley Thompson at the direction of the bank's president.

Chicago Tribune Business News
Jan 12, 2022

Vicari named to steer Gary airport to next level
Dan Vicari replaces Duane Hayden, whose contract was not renewed by the authority. Hayden served for four years during former Mayor Karen Freeman-Wilson's administration.

Chicago Tribune Business News
Jan 12, 2022

Boston firm to buy Edens Plaza site and bring Wayfair retail store to Wilmette: Village officials
A Boston-based real estate development company is set to buy the Edens Plaza property and announced that online retailer Wayfair will open a store there.

Chicago Tribune Business News
Jan 12, 2022

Where vaccine rates lag, some Chicago restaurants feel mandate pinch; others see sales rise with comfort levels
Restaurants in Chicago neighborhoods with low COVID-19 vaccination rates are feeling the impact of a new vaccine mandate in its first week, some owners say.

Chicago Tribune Business News
Jan 12, 2022

The Biden administration is requiring insurers to cover at-home COVID-19 tests. Here's how to get a free test.
Some details of how the requirement will work remain scarce.

Chicago Tribune Business News
Jan 12, 2022

How do I get a free, at-home COVID-19 test? Illinois insurers and pharmacies are still working out details.
At-home COVID-19 rapid tests will soon be free to many people after the Biden administration said it will require insurance companies to cover their cost. Here's what to know.

Chicago Tribune Business News
Jan 12, 2022

US inflation soared 7% in past year, the most since 1982
Inflation jumped in December at its fastest year-over-year pace in nearly four decades, surging 7% and raising costs for consumers.

Chicago Tribune Business News
Jan 12, 2022

RCN Chicago rebranding as Astound Broadband, joining co-owned regional cable providers under national banner
RCN, a cable and internet provider available to about 1 million homes in Chicago and the suburbs, is rebranding as Astound Broadband.

Chicago Tribune Business News
Jan 12, 2022

Chicago Bears envision an ‘entertainment destination with multiple facets' in Arlington Heights. But the team cautions it still is in the exploration phase.
Chicago Bears Chairman George McCaskey said there is "a lot of due diligence that needs to be performed before we can close" on the Arlington Heights property for a potential new stadium.

Chicago Tribune Business News
Jan 11, 2022

Covid-19, weather contribute to shortages in U.S. grocery stores
Shortages at U.S. grocery stores have grown more acute in recent weeks as new problems — like the fast-spreading omicron variant and severe weather — have piled on to the supply chain struggles and labor shortages that have plagued retailers since the coronavirus pandemic began.

Chicago Tribune Business News
Jan 11, 2022

US shoppers find some groceries scarce due to virus, weather
Shortages at U.S. grocery stores have grown more acute in recent weeks as new problems — like the fast-spreading omicron variant and severe weather — have piled on to the supply chain struggles and labor shortages.

Chicago Tribune Business News
Jan 11, 2022

Art Institute employees win vote to form Chicago's first major museum union
Employees at the Art Institute of Chicago have won the vote to form a union, achieving certification Tuesday from the National Labor Relations Board.

Chicago Tribune Business News
Jan 11, 2022

US stocks slip as Wall Street foresees higher interest rates
The Federal Reserve is expected to raise interest rates this year, weighing heaviest on pricey technology stocks, which become less attractive to investors as interest rates rise.

Chicago Tribune Business News
Jan 11, 2022

Outbreaks, bottlenecks expected to slow global growth in ‘22
The World Bank is downgrading its outlook for the global economy, blaming continuing outbreaks of COVID-19, a reduction in government economic support and ongoing bottlenecks in global supply chains.

Chicago Tribune Business News
Jan 11, 2022

United Airlines details omicron's toll: 3,000 workers have COVID-19
Overall, about 3,000 United Airlines employees have recently tested positive for the coronavirus. The vast majority are not working, and United is cutting its flight schedule to manage the shortage.

Chicago Tribune Business News
Jan 11, 2022

Retail workers are reaching a breaking point with omicron disruptions: ‘Morale could not be lower'
A weary retail workforce is experiencing the fallout from the latest wave of the pandemic, with a rapidly spreading variant cutting into staffing.

Chicago Tribune Business News
Jan 11, 2022

Bank of America slashes fees for account overdrafts
Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.

Chicago Tribune Business News
Jan 10, 2022

Insurers to cover at-home COVID-19 tests starting Jan. 15
Starting Saturday, private health insurers will be required to cover up to eight home COVID-19 tests per month for people on their plans.

Chicago Tribune Business News
Jan 10, 2022

2 years after Ballast Point deal, Kings & Convicts Brewing abandons Wisconsin plans to instead sink its roots in San Diego
After Ballast Point acquisition, the Chicago-based Kings & Convicts has abandoned its plans in Wisconsin to move to San Diego, in the former Saint Archer Brewing space.

Chicago Tribune Business News
Jan 10, 2022

Question for Fed: Has it waited too long to fight inflation?
With inflation surging, unemployment falling and wages rising, some economists are warning that the Federal Reserve may have waited too long to reverse its ultra-low-rate policies, putting the economy at heightened risk.

Chicago Tribune Business News
Jan 10, 2022

Companies keep mum as vaccine mandate goes to Supreme Court
Starbucks said in December that all of its U.S. workers must be fully vaccinated by Feb. 9 or face a weekly COVID testing requirement.

Chicago Tribune Business News
Jan 10, 2022

Tax season begins two weeks early due to virus, IRS funding
This year's tax filing season will begin on Jan. 24, 17 days earlier than last year, the Internal Revenue Service announced Monday.

Chicago Tribune Business News
Jan 10, 2022

Louis Simpson, savvy investor whose $92 million gift funded a biomedical research center at Northwestern, dies at 85
As a close confidant of Warren Buffet, he was the Chicago-based manager of insurer Geico's investment portfolio for 17 years and a noted philanthropist.

Chicago Tribune Business News
Jan 10, 2022

Grand Theft Auto maker buys FarmVille company in $12.7B deal
Take-Two Interactive, maker of "Grand Theft Auto" and "Red Dead Redemption," is buying Zynga, maker of "FarmVille" and "Words With Friends," in a deal valued at about $12.7 billion.

Chicago Tribune Business News
Jan 10, 2022

Average US gas price drops 2 pennies over 3 weeks to $3.39
The average U.S. price of regular-grade gasoline dropped 2 cents over the past three weeks to $3.39 per gallon.

Chicago Tribune Business News
Jan 10, 2022

With Omicron cases surging, a glance at who's getting paid sick days
Nearly 80% of all private sector workers get at least one paid sick day, according to a national compensation survey conducted by the U.S. Bureau of Labor Statistics. But many workers, particularly low income, are vulnerable.

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