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 NEWS: CHICAGO TRIBUNE BUSINESS NEWS
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   NEWS: CHICAGO TRIBUNE BUSINESS NEWS
Chicago Tribune Business News
Jul 26, 2024

Abbott Laboratories must pay $495 million in case over formula for premature infants, jury decides
The lawsuit is one of hundreds north suburban-based Abbott and Mead Johnson are facing regarding their formulas for premature infants.

Chicago Tribune Business News
Jul 26, 2024

They expected an Olympic boon. But some Paris businesses are experiencing a bust.
Small business owners in Paris expected a boon in visitors once the Olympics arrived. Instead, some, particularly in heavily touristed areas in central Paris, say they're experiencing a bust.

Chicago Tribune Business News
Jul 26, 2024

Airline catering workers threaten to strike as soon as next week without agreement on new contract
More than 8,000 airline catering workers are threatening to go on strike as soon as next week, adding more uncertainty to the summer travel season.

Chicago Tribune Business News
Jul 26, 2024

Vice President Harris will carry Joe Biden's economic record into the election. She hopes to turn it into an asset.
A key question is looming for Vice President Kamala Harris as she edges closer to gaining the Democratic presidential nomination: Can she turn the Biden-Harris economic record into a political advantage?

Chicago Tribune Business News
Jul 26, 2024

Recall of Boar's Head deli meats announced during investigation of listeria outbreak
U.S. health officials announced a recall of some Boar's Head liverwurst and other deli meats as they investigate a listeria outbreak.

Chicago Tribune Business News
Jul 26, 2024

DePaul men's basketball coach Chris Holtmann buys Lincoln Park mansion for $4M
Chris Holtmann was hired by DePaul in March after serving as the head men's basketball coach at Ohio State University for close to seven years.

Chicago Tribune Business News
Jul 25, 2024

Bally's board agrees to $18.25 per share buyout by Standard General, taking the casino company private. Plans for Chicago casino unchanged.
Weeks after securing financing to build its planned Chicago casino, Bally's has struck a deal to sell the company to its largest shareholder.

Chicago Tribune Business News
Jul 25, 2024

OpenAI tests ChatGPT-powered search engine that could rival Google
OpenAI is testing a ChatGPT-powered search engine that could put the artificial intelligence company in direct competition with search giant Google.

Chicago Tribune Business News
Jul 25, 2024

Terry Savage: How to find trusted financial advice
Whether you're retiring and rolling over your 401(k) or just starting to build your financial future, it pays to get trusted financial advice.

Chicago Tribune Business News
Jul 25, 2024

Chicago travelers pleased with Southwest Airlines' decision to assign seats — if it doesn't raise ticket prices
At Midway International Airport, Amy Schuber gathered her three young kids near baggage claim with her husband Thursday afternoon. She was heading back to her home in Oswego after a nearly week-long vacation in Tampa.  The 37-year-old was happy with her Southwest flight, namely the relatively cheap price and ability to bring two checked bags for free. But something that can cause a headache, she said, is not having a guarantee that her whole group can sit together.  This won't be a worry for much longer. The airline announced Thursday that it will start assigning seats and offering premium seating […]

Chicago Tribune Business News
Jul 25, 2024

Video game actors are going on strike. Here's why.
Hollywood's video game performers voted to go on strike Thursday after negotiations with game industry giants that began nearly two years ago came to a halt over artificial intelligence protections.

Chicago Tribune Business News
Jul 25, 2024

This is how the DNC security perimeter will affect residents and commuters near the United Center, McCormick Place
Residents, businesses and commuters traveling around the United Center and McCormick Place can now prepare for street closures and security restrictions during the Democratic National Convention.

Chicago Tribune Business News
Jul 25, 2024

The DNC will bring closed streets, CTA changes and possibly a new station. Here's how it will affect residents and commuters getting around Chicago
Residents, businesses and commuters traveling around the United Center and McCormick Place can now prepare for street closures and security restrictions during the Democratic National Convention.

Chicago Tribune Business News
Jul 25, 2024

Signature Fitness Club and Staples store close, Insomnia Cookies to hold grand opening Saturday
From the abrupt closure of a local fitness center to a new cure for late night dessert cravings, the Naperville business scene is seeing changes this summer.

Chicago Tribune Business News
Jul 25, 2024

Ascension selling 9 Illinois hospitals to California-based Prime Healthcare
The hospitals will keep their current names, minus the "Ascension" branding.

Chicago Tribune Business News
Jul 25, 2024

Chicago announces ‘transformational' quantum computer commercial development at fallow South Works site
The project promises to boost Chicago as a leader in the nascent quantum computing field, while revitalizing the city's Southeast Side, which has struggled economically since U.S. Steel closed its once massive plant more than 30 years ago.

Chicago Tribune Business News
Jul 25, 2024

Southwest breaks 50-year tradition and plans to start assigning seats
Southwest Airlines is doing away with its 50-year tradition and plans to start assigning seats and premium seating for customers who are seeking more legroom.

Chicago Tribune Business News
Jul 25, 2024

Pioneer Arcade receives city, state support to be developed into affordable housing
A plan to construct affordable housing units in the historic Pioneer Arcade building in Humboldt Park will be awarded low-income housing tax credits.

Chicago Tribune Business News
Jul 25, 2024

Southport corridor 7-bedroom home with attached 3-car garage: $4.4M
Address: 3504 N. Janssen Ave., Chicago Price: $4,400,000 Listed: June 24, 2024 This seven-bedroom, 7½-bath, single-family home in the Southport corridor of Lakeview has a fully enclosed yard with multiple outdoor entertaining spaces and an attached three-car garage. The open floor plan includes floor-to-ceiling windows. The kitchen is equipped with Wolf and Sub-Zero appliances, custom […]

Chicago Tribune Business News
Jul 25, 2024

Portillo's argues that NLRB is unconstitutional in labor board filings
Portillo's is one of the latest companies to respond to allegations of labor law violations by arguing that the structure of the National Labor Relations Board, which enforces labor law in the U.S., is unconstitutional

Chicago Tribune Business News
Jul 24, 2024

Motormouth: Do I really need a new radiator?
Q: I recently completed a 1,400-mile trip in my 2018 Cadillac XT5. Once home I took the car in for an oil change and was told that my radiator was about a quart low of coolant.

Chicago Tribune Business News
Jul 24, 2024

Stock market today: A wipeout on Wall Street sends the S&P 500 down by 2.3% as Big Tech skids
A wipeout on Wednesday sent U.S. stock indexes to their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street's frenzy around artificial-intelligence technology.

Chicago Tribune Business News
Jul 24, 2024

ComEd issuing months of renewable energy credits after computer snafu, but thousands of customers still facing sticker shock from solar providers
Nearly a half year after a bungled ComEd computer billing system upgrade all but shut down the Illinois community solar program, thousands of impacted customers began receiving long-delayed renewable energy credits on their July bills.

Chicago Tribune Business News
Jul 24, 2024

Delta CEO, in Paris for the Olympics, says outage-related cancellations should end Thursday
Delta Air Lines canceled significantly fewer flights Wednesday, and the airline's chief executive said cancellations and delays stemming from a global technology breakdown should end by Thursday.

Chicago Tribune Business News
Jul 24, 2024

Terry Savage: It's scholarship time
Announcing free money! Did that get your attention? If you have a high school child or grandchild, don't let them miss out on free money for college — not based on need — that is being handed out starting now!

Chicago Tribune Business News
Jul 24, 2024

FAA agrees with air traffic controllers' union to give tower workers more rest between shifts
The Federal Aviation Administration said Wednesday it will increase minimum rest time between shifts for air traffic controllers after highly publicized close calls between planes that were following orders from controllers.

Chicago Tribune Business News
Jul 24, 2024

CrowdStrike blames bug for letting bad data slip through, leading to global tech outage
CrowdStrike is blaming a bug in an update that allowed its cybersecurity systems to push bad data out to millions of customer computers, setting off last week's global tech outage that grounded flights, took TV broadcasts off air and disrupted banks, hospitals and retailers.

Chicago Tribune Business News
Jul 24, 2024

South suburban students return home after flight cancellations left them stranded in Puerto Rico
The remaining 14 south suburban students and supervisors on a global leadership trip to Puerto Rico arrived at Midway Airport Tuesday.

Chicago Tribune Business News
Jul 24, 2024

Semi-truck rollover crash on Eisenhower Expressway causes eastbound lane closure
A rollover crash of a semi-truck took place on the Eisenhower Expressway at approximately 5:20 a.m. Wednesday, leading to a closure of the nearby eastbound lanes, Illinois State Police said. The truck was carrying a load of approximately 27,000 pounds of canned goods, which remained intact after the crash on I-290, according to police. As of 8 a.m. on Wednesday, eastbound lanes near the crash site — which occurred just east of the interchange with I-294 — still remained entirely blocked, state police said. Traffic is being diverted to southbound I-294. Illinois State Police are investigating the crash.

Chicago Tribune Business News
Jul 24, 2024

Lanes reopened after rollover crash on Eisenhower Expressway
A rollover crash of a semi-truck took place on the Eisenhower Expressway at approximately 5:20 a.m. Wednesday, leading to a closure of the nearby eastbound lanes, Illinois State Police said. The truck was carrying a load of approximately 27,000 pounds of canned goods, which remained intact after the crash on I-290, according to police. As of 8 a.m. on Wednesday, eastbound lanes near the crash site — which occurred just east of the interchange with I-294 — still remained entirely blocked, state police said. Traffic is being diverted to southbound I-294. Illinois State Police are investigating the crash.

Chicago Tribune Business News
Jul 24, 2024

A new north DuSable Lake Shore Drive? Long running idea takes step forward with a concept that leaves out bus lanes, includes more park space
Finalization of plans and construction are still years away, but the recommendation by the Illinois and Chicago departments of transportation marks a step forward for a plan to revamp seven miles of DuSable Lake Shore Drive.

Chicago Tribune Business News
Jul 24, 2024

A new north DuSable Lake Shore Drive? Long-running idea takes step forward with a concept that leaves out bus lanes, includes more park space
A long-running idea to revamp north DuSable Lake Shore Drive is poised to take a step forward despite calls to halt the project, as city and state officials have selected their vision for the future of the busy thoroughfare.

Chicago Tribune Business News
Jul 24, 2024

As new Foxtrot owner plans to reopen stores, a former undocumented worker recounts his struggle to find a job and collect back pay
As a co-founder of Foxtrot and new investors plan to reopen about a dozen stores this fall, most of the 50 former immigrant workers who worked at the commissary continue to struggle to find new jobs to make ends meet.

Chicago Tribune Business News
Jul 24, 2024

As new Foxtrot owner plans to reopen stores, a former undocumented worker recounts his struggle to find a job and collect unemployment
As a co-founder of Foxtrot and new investors plan to reopen about a dozen stores this fall, most of the 50 former immigrant workers who worked at the commissary continue to struggle to find new jobs to make ends meet.

Chicago Tribune Business News
Jul 23, 2024

WLS-Ch. 7 promotes Doug Whitmire to news director
Doug Whitmire, currently assistant news director, is being promoted to be the station's vice president of news, effective Aug. 5.

Chicago Tribune Business News
Jul 23, 2024

US is investigating Delta's flight cancellations and faltering response to global tech outage
U.S. regulators are investigating how Delta Air Lines is treating passengers affected by canceled and delayed flights as the airline struggles to recover from a global technology outage.

Chicago Tribune Business News
Jul 23, 2024

More than 10,000 Cook County residents to receive property tax refunds
More than 10,000 residents of Cook County can expect to receive automatic refunds due to overpayments of their property taxes, Cook County Treasurer Maria Pappas announced Tuesday. The treasurer plans to send out more than $22 million in refunds by Aug. 9. Over half of the 10,099 property owners will have the funds directly deposited back into their accounts, while the remainder will receive paper checks in the mail.  Most of the overpayments were due to property tax exemptions that many homeowners are entitled to, which include exemptions due to disabilities or senior citizen status, Pappas said.  Homeowners in Cook […]

Chicago Tribune Business News
Jul 23, 2024

Wilmette 6-bedroom home with bluestone patio, 2 Juliet balconies: $2.2M
Address: 35 Linden Ave., Wilmette Price: $2,200,000 Listed: June 28, 2024 This English Lannon stone home has six bedrooms, five full bathrooms and two half-baths. The living room features a wood-burning fireplace, millwork and built-ins. The first-floor also has a sunroom, a De Giulio kitchen and a family room with views of the backyard and […]

Chicago Tribune Business News
Jul 23, 2024

Mass timber office towers are cozier and more environmentally friendly, but the trend — popular in other cities — hasn't taken off in Chicago
"Certain cities are just more comfortable with (mass timber) than others," said Todd Snapp, Chicago-based principal of Perkins & Will, which has several dozen timber projects in development around the world.

Chicago Tribune Business News
Jul 23, 2024

Reinsdorf and Wirtz families unveil $7 billion proposal to remake Near West Side around United Center
The United Center's vision is the latest in a string of developer proposals to remake whole swaths of land near downtown.

Chicago Tribune Business News
Jul 22, 2024

CrowdStrike CEO called to testify to Congress over cybersecurity's firm role in global tech outage
U.S. House leaders are calling on CrowdStrike CEO George Kurtz to testify to Congress about the cybersecurity company's role in sparking the widespread tech outage that grounded flights, knocked banks and hospital systems offline and affected services around the world.

Chicago Tribune Business News
Jul 22, 2024

14 south suburban students and supervisors stuck in Puerto Rico after technology outages left travelers stranded
Three days after the outage, 14 group members, including supervisors and students, are still in Puerto Rico with flights scheduled Tuesday.

Chicago Tribune Business News
Jul 22, 2024

Column: Program helps sustain farms in the south suburbs
Deshawn Willingham's Chicago Urban Farm Solutions business has expanded to a 20-acre site in Lynwood that he expects to own next year, where he grows pesticide free vegetables and uses sustainable farming practices.

Chicago Tribune Business News
Jul 22, 2024

Why Delta is still canceling flights as other airlines return to normal
Three days after a computer update problem caused more than 5,000 flight cancellations around the world, things are pretty much back to normal — except at Delta Air Lines.

Chicago Tribune Business News
Jul 22, 2024

Sephora shuttering its Water Tower Place location
Magnificent Mile retailers were already reeling from the rise of online shopping when COVID-19 severely curtailed foot traffic on Michigan Avenue.

Chicago Tribune Business News
Jul 21, 2024

Small businesses grapple with global tech outages created by CrowdStrike
Major customers of Microsoft and CrowdStrike are getting IT support to resolve the issues, but many smaller businesses whose Windows PCs may have received the problematic update are still struggling.

Chicago Tribune Business News
Jul 21, 2024

Condo Adviser: Unit owners are entitled to voice concerns to the board
Unit owners also have the right to file a declaratory lawsuit against the condo association.

Chicago Tribune Business News
Jul 20, 2024

Residual cancellations, delays continue at Chicago's airports due to global tech outage
O'Hare International Airport had more than 120 flights canceled by 3:45 p.m., and nearly 330 flights delayed, according to flight tracking firm FlightAware.

Chicago Tribune Business News
Jul 20, 2024

8.5 million computers running Windows affected by faulty update from CrowdStrike
As the world continues to recover from massive business and travel disruptions caused by a faulty software update from cybersecurity firm CrowdStrike, malicious actors are trying to exploit the situation for their own gain.

Chicago Tribune Business News
Jul 19, 2024

Woodlawn community rallies around third-generation family being evicted from home
Christiana Powell's family has lived in their Woodlawn home since 1950, spanning three generations. The three-story property, which is a block away from multiple University of Chicago student dormitories, currently houses not only Powell but also her great-nephew, her sister, and one tenant who, although not a blood relative, is "like family," Powell said. But after the 2016 death of Powell's mother, who took on the initial mortgage, monthly payments on Powell's home skyrocketed from $800 to $3,500 a month, she said. Powell alleges this was due to the conversion of her mortgage from an FHA loan to a conventional […]

Chicago Tribune Business News
Jul 19, 2024

A massive tech outage is causing worldwide disruptions. Here's what we know
Much of the world faced online disarray Friday as a widespread technology outage affected companies and services across industries — grounding flights, knocking banks and hospital systems offline and media outlets off air.

Chicago Tribune Business News
Jul 19, 2024

A massive tech outage is causing worldwide disruptions. Here's what we know.
Much of the world has faced online disarray as a widespread technology outage affected companies and services across industries.

Chicago Tribune Business News
Jul 19, 2024

Will County lifts video gaming ban for unincorporated areas
The 18 businesses in unincorporated Will County that secured gaming licenses before the county prohibited it generate about $325,000 in revenue annually for the county.

Chicago Tribune Business News
Jul 19, 2024

Flights disrupted at O'Hare and Midway airports amid global technology outage
The outage was also affecting Metra's three Union Pacific lines: the north, west and northwest.

Chicago Tribune Business News
Jul 19, 2024

Flights disrupted. Radio stations knocked off the air. Business operations suspended. Global technology outage creates headaches in the Chicago area.
The issues were caused by a faulty software update and affected computers running Microsoft Windows, and were not due to a security incident or cyberattack, according to cybersecurity firm CrowdStrike, which issued the update.

Chicago Tribune Business News
Jul 19, 2024

Flights disrupted. Radio stations knocked off the air. Mobile ordering suspended. Global technology outage creates headaches in the Chicago area.
The issues were caused by a faulty software update and affected computers running Microsoft Windows, and were not due to a security incident or cyberattack, according to cybersecurity firm CrowdStrike, which issued the update.

Chicago Tribune Business News
Jul 19, 2024

Flights disrupted. Radio stations knocked off the air. Mobile ordering suspended. Global technology outage creates headaches in Chicago area.
The issues were caused by a faulty software update and affected computers running Microsoft Windows, and were not due to a security incident or cyberattack, according to cybersecurity firm CrowdStrike, which issued the update.

Chicago Tribune Business News
Jul 19, 2024

Billionaire Ken Griffin lists Gold Coast condo for $11M
Griffin made a much-publicized announcement in 2022 to move his hedge fund company, Citadel, to Miami.

Chicago Tribune Business News
Jul 19, 2024

A faulty software update causes havoc worldwide for airlines, hospitals and governments
A global technology outage grounded flights, knocked banks offline and media outlets off air on Friday.

Chicago Tribune Business News
Jul 19, 2024

Widespread technology outage disrupts flights, banks, media outlets and companies around the world
A global technology outage grounded flights, knocked banks offline and media outlets off air on Friday.

Chicago Tribune Business News
Jul 18, 2024

Boeing case puts a spotlight on plea agreements involving corporate defendants
After two jetliner crashes killed 346 people, a $2.5 billion settlement that let Boeing avoid criminal prosecution failed to resolve questions about the safety of the aerospace giant's planes.

Chicago Tribune Business News
Jul 18, 2024

Capital One to keep Chatham call center open and expand to 1,000 employees as part of proposed $35B Discover acquisition
"There were a lot of fears that it would be shut down," said Horacio Mendez, president of the Woodstock Institute.

Chicago Tribune Business News
Jul 18, 2024

Chicago Plan Commission green lights more than 1,000 apartments for Clybourn Corridor and Fulton Market
A 37-story skyscraper for the Clybourn Corridor shopping district and a two-tower apartment complex in Fulton Market won approval.

Chicago Tribune Business News
Jul 18, 2024

Abbott CEO defends infant formula, as trial continues over alleged risks to premature babies
Hundreds of lawsuits have been filed alleging Enfamil and Similac cause a gastrointestinal disease in premature infants.

Chicago Tribune Business News
Jul 18, 2024

Bunny Hutch and Novelty Golf celebrating 75 years in Lincolnwood
Time stands still in so many ways for the venerable business celebrating its 75th anniversary on the northwest corner of Lincoln and Devon avenues in Lincolnwood, abutting the Chicago city line. If you didn't look closely, the layout of Lincolnwood Novelty Golf and its adjacent hot dog stand Bunny Hutch - by which the miniature golf courses are also known - could pass for 1954 or 1974 or 1994. Concessions to modernity of course are found, be it Summer Olympics-themed  structures on the golf course or a wider menu than just wieners (no ketchup, please!) at Bunny Hutch compared to mid-20th century. But […]

Chicago Tribune Business News
Jul 18, 2024

United Airlines Q2 profit rises to $1.32 billion as travel demand offsets the carrier's rising costs
However, United warned that third-quarter results will fall short of Wall Street expectations because of a glut of U.S. flights that has airlines cutting prices to fill seats.

Chicago Tribune Business News
Jul 18, 2024

Streeterville 3-bedroom home with white oak hardwood floors: $1.9M
Address: 451 E. Grand Ave., Unit 4702, Chicago Price: $1,895,000 Listed: June 26, 2024 This three-bedroom, two-and-a-half-bath home in One Bennett Park offers skyline views and is alongside a private park. It has 10-foot ceilings, white oak hardwood floors, Nest thermostats and LED lighting with dimmers. In the kitchen are custom millwork cabinetry by Plain […]

Chicago Tribune Business News
Jul 18, 2024

Endeavor Health signs on as naming rights partner for new Chicago Fire training facility
The training facility is located in Roosevelt Square on the Near West Side and is expected to open in January 2025.

Chicago Tribune Business News
Jul 17, 2024

Illinois-based John Deere ends support of ‘social or cultural awareness' events, distances from inclusion efforts
Farm equipment maker John Deere says it will no longer sponsor "social or cultural awareness" events, becoming the latest major U.S. company to distance itself from diversity and inclusion measures after being targeted by conservative backlash.

Chicago Tribune Business News
Jul 17, 2024

The price of being a Chicago Sky fan just went up. Where will the money go?
The Chicago Sky's increased ticket prices for 2025 raised questions of how the team will invest newfound revenue from the team's booming popularity.

Chicago Tribune Business News
Jul 17, 2024

Chicago e-commerce pioneer Grubhub celebrates 20 years of delivering dinner to your door
But as growth slows in the post-pandemic landscape, Grubhub finds itself lagging behind competitors DoorDash and Uber Eats.

Chicago Tribune Business News
Jul 16, 2024

Metra resolves computer problem after 2 hours of serious delays
Problems with the trains' collision avoidance system made it difficult to control train traffic, according to Metra officials.

Chicago Tribune Business News
Jul 16, 2024

Safety system malfunction snarls rush hour Metra trains, officials say
Service on several Metra Electric lines came to a halt during rush hour Tuesday afternoon due to computer problems with the commuter rail network's dispatching system. The system first issued a delay announcement to passengers around 5:30 p.m. Tuesday. As of 5:40 p.m. Tuesday, the system did not yet have a timeframe for when the dispatch issues would be resolved. A Metra representative said the dispatching system was only working intermittently, making it hard to control train traffic. The agency was working to identify the cause of the issue, she said. This is a developing story. Check back for updates.  […]

Chicago Tribune Business News
Jul 16, 2024

As O'Hare sheltered in place during storm, passengers rode the winds out aboard planes: ‘It felt very vulnerable'
The O'Hare air traffic control tower evacuated during the storm, as did the FAA's Terminal Radar Approach Control facility in Elgin. That led to a ground stop at O'Hare.

Chicago Tribune Business News
Jul 16, 2024

Gov. J.B. Pritzker and Chicago Bears boss meet privately for first time amid stadium push
The governor's office said the discussion with Bears CEO Kevin Warren was "cordial" but Pritzker's "position has not changed."

Chicago Tribune Business News
Jul 16, 2024

Chefs convene with farmers in Minneapolis to talk farm policy
The national farm and nutrition bill known as the Farm Bill remains stalled in a politically divided U.S. Congress. But attendees expressed hope that language in any coming bill might advance ties between farmers and restaurants.

Chicago Tribune Business News
Jul 16, 2024

Chicagoland communities react to potential closures of 35 Mariano's and Jewel grocery stores
Officials from Northfield, Arlington Heights and Vernon Hills weigh in on the potential closures of Mariano's and Jewel grocery stores in their communities.

Chicago Tribune Business News
Jul 16, 2024

Chicagoland communities react to potential sale of 35 Mariano's and Jewel grocery stores
Officials from Northfield, Arlington Heights and Vernon Hills weigh in on the potential closures of Mariano's and Jewel grocery stores in their communities.

Chicago Tribune Business News
Jul 16, 2024

Amazon Prime Day is a big event for scammers, experts warn
Amazon Prime Day is here, and experts are reminding consumers to be wary of scams.

Chicago Tribune Business News
Jul 16, 2024

Oak Park 6-bedroom home with basketball court: $2M
Address: 605 Linden Ave., Oak Park Price: $1,985,000 Listed: June 17, 2024 This six-bedroom home, with five full bathrooms and two half-baths, is known as the James Fletcher Skinner House, designed by Charles E. White Jr., who worked in the Oak Park studio of Frank Lloyd Wright. The Prairie style home has an entry with […]

Chicago Tribune Business News
Jul 16, 2024

Northwestern, Rush tie for best hospital in Illinois, US News says
U.S. News releases its list of top hospitals in Illinois and across the country each year. Chicago area hospitals, which compete with one another for patients, often pay close attention to the rankings and use the results in their advertisements.

Chicago Tribune Business News
Jul 15, 2024

Former Outcome Health leaders appeal their fraud convictions
Former Outcome CEO and co-founder Rishi Shah and former co-founder and President Shradha Agarwal filed their notices appeal on Monday and Friday, respectively.

Chicago Tribune Business News
Jul 15, 2024

Trump Media shares surge on 1st day of trading after assassination attempt on the former president
Trump Media surged in the first day of trading following an assassination attempt on former President Donald Trump.

Chicago Tribune Business News
Jul 15, 2024

Driver killed in crash with Metra train near Ingleside
A motorist was killed Monday when their vehicle collided with a commuter train near Ingleside, according to the Lake County Sheriff's Office.

Chicago Tribune Business News
Jul 15, 2024

Some have called the South Side a birthing ‘desert.' A nurse midwife is working to change that.
If approved, it would be the first birth center on the city's South Side - an area with a largely Black population that's faced challenges related to pregnancy and childbirth.

Chicago Tribune Business News
Jul 13, 2024

Calumet City unveils $110 million plan for redevelopment of River Oaks mall for retail, restaurants and housing
Calumet City announced architectural plans Thursday for a revived River Oaks complex that incorporates retail, restaurants and housing.

Chicago Tribune Business News
Jul 12, 2024

US wholesale inflation picked up in June in sign that some price pressures remain elevated
Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some inflation pressures remain high.

Chicago Tribune Business News
Jul 12, 2024

90 years after it opened, Gotskind's Shoes still just a ‘neighborhood store' fitting kids with the perfect footwear
After decades of business, After decades of business, Gotskind's Children's Shoes & Clothing is still keeping it old school. When customers walk in, they're met with a hello and an earnest smile from co-owner Andrea Gotskind Hamad. She asks what they are looking for, do they need any help, if they want a coupon or a sticker. Hamad learned the approach from her father, who learned from his father before that. It's what has given the store staying power for nearly a century, she says. is still keeping it old school. When customers walk in, they're met with a hello and an earnest smile from co-owner Andrea Gotskind Hamad. She asks what they are looking for, do they need any help, if they want a coupon or a sticker. Hamad learned the approach from her father, who learned from his father before that. It's what has given the store staying power for nearly a century, she says.

Chicago Tribune Business News
Jul 12, 2024

Chicago Bears cornerback Jaylon Johnson buys Long Grove mansion for $1.4M
A standout at the University of Utah, Johnson, 25, was drafted by the Bears in 2020 and in March signed a four-year, $76 million contract extension.

Chicago Tribune Business News
Jul 12, 2024

Illinois touts diversity in pot industry, but new owners say they need financial help
Some new license holders, though, say that funding assistance is needed for them to allow businesses to open.

Chicago Tribune Business News
Jul 12, 2024

Illinois touts diversity in pot industry, but revenue for minorities shows little growth
Some new license holders, though, say that funding assistance is needed for them to allow businesses to open.

Chicago Tribune Business News
Jul 12, 2024

Lincoln Park mansion that was once listed for $50M has a buyer
The sale has not yet closed, but if the mansion sells for anywhere near its asking price, it would be Chicago's highest-priced recorded sale of a single-family home.

Chicago Tribune Business News
Jul 12, 2024

Data of nearly all AT&T customers downloaded to a third-party platform in a 2022 security breach
The data of nearly all customers of the telecommunications giant AT&T was downloaded to a third-party platform in a 2022 security breach, the company said Friday, in a year already rife with massive cyberattacks.

Chicago Tribune Business News
Jul 12, 2024

Bally's Chicago secures casino financing, unveils new hotel design
Bally's announced a deal Friday with Gaming & Leisure Properties, a Pennsylvania-based real estate investment trust, to provide $940 million to fund the construction of the permanent casino.

Chicago Tribune Business News
Jul 12, 2024

Palos Heights film shop owners moving on after 42 years at Quality Plus
Mike and Judi Weber opened Quality Plus to process camera film and after 42 years of "spinning on a dime to keep up" are moving on.

Chicago Tribune Business News
Jul 12, 2024

Forget upgrading the family car. These Chicago parents bought cargo bikes instead.
Cargo-bike parents say the bikes offer the ability to avoid increasingly bad traffic and make travel around the city more pleasant and accessible.

Chicago Tribune Business News
Jul 11, 2024

Embattled CTA president starts to add back trains after years of service cuts
The CTA says it has boosted scheduled service by 9% since April, most of that in recent weeks.

Chicago Tribune Business News
Jul 11, 2024

Belvidere Stellantis plant in line for $334M federal grant
A Stellantis auto plant in Belvidere is in line receive a $334 million federal grant to promote electric vehicle transition.

Chicago Tribune Business News
Jul 11, 2024

Soon-to-be renamed Revival Food Hall will remain open, rebrand under Atlanta-based hospitality management company
STHRN Hospitality, which manages similar food halls in Los Angeles, Atlanta, Cincinnati, and other cities, will oversee Revival's 14 vendors and the central bar in the National Building.

Chicago Tribune Business News
Jul 11, 2024

IRS Commissioner Danny Werfel warns Chicagoans about ‘the exponential growth of tax scams'
"You can go on Youtube to learn how to fold a fitted sheet, but going on Youtube to figure out what tax credit you're eligible for is a huge mistake, and it's getting people in trouble," Werfer said.

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