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Jul 07, 2020
The Maryland-based company, which has never brought a product to market before, just made the biggest deal to date with the Trump administration's Operation Warp Speed.
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Jul 07, 2020
BrightFarms is boosting capacity at its Chicago-area greenhouse as the pandemic-driven rise in cooking at home fuels demand for locally grown greens.
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Jul 07, 2020
Kanye West's Yeezy, Jim Henson Co. got federal PPP loans
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Jul 07, 2020
Many Illinois residents left jobless amid the COVID-19 pandemic, continue to struggle with filing for unemployment benefits and have a hard time reaching the unemployment office.
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Jul 07, 2020
A video posted to social media of workers at a Jimmy John's restaurant in Woodstock, Georgia, shows one employee draping a bread dough noose over the neck of another and yanking it. The other workers watch and laugh.
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Jul 06, 2020
Some industries that were less directly impacted by the pandemic, such as manufacturing and construction, received a greater proportion of the PPP loans than the hard-hit restaurant and hotel industries.
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Jul 06, 2020
The Small Business Administration on Monday released a list of some of the businesses approved for federal payroll protection loans, and a lot of prominent Chicago-area companies received funds to help them through the coronavirus pandemic.
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Jul 06, 2020
Some companies aren't allowing workers to wear Black Lives Matter masks or other BLM attire. Employees have protested against Whole Foods, Trader Joe's Taco Bell and Starbucks, among others.
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Jul 06, 2020
As the coronavirus pandemic took hold this spring, the federal government postponed the traditional April 15 filing deadline until July 15. The move provided some economic and logistical relief for taxpayers dealing with the disruptions and uncertainty brought on by lockdowns, school closures and shuttered businesses. But now that new deadline is rapidly approaching.
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Jul 06, 2020
Forget about making shopping fun. As clothing retailers and others try to stay viable during the coronavirus pandemic, they're hoping steps like cleaning during store hours, offering hand sanitizer and other safety measures will bring in customers willing to spend.
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Jul 06, 2020
Amazon has bought and developed a range of grocery concepts as it vies for a bigger slice of the grocery business against U.S. market leaders Walmart and Kroger. It plans new conventional checkout grocery stores in Seattle, California, and the Chicago and Washington, D.C., areas.
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Jul 06, 2020
Jonathan Sackler, one of the owners of OxyContin maker Purdue Pharma, has died, the company confirmed.
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Jul 06, 2020
Metra announced Monday that it is extending the availability of its $10 All-Day Pass through Labor Day.
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Jul 06, 2020
The Treasury Department on Monday released the names of companies that got more than $150,000 from the government's small business lending program. Those firms made up less than 15% of the nearly 5 million small companies that received PPP loans.
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Jul 06, 2020
The pandemic is propelling a shift toward a cashless society in ways that no other single event has. Experts say that's not necessarily a good thing.
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Jul 06, 2020
Denim retailer Lucky Brand Dungarees has filed for Chapter 11 bankruptcy protection, blaming its troubles in part on the coronavirus pandemic, and said it has a deal lined up to sell the company.
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Jul 06, 2020
Denim retailer Lucky Brand Dungarees has filed for Chapter 11 bankruptcy protection, blaming its troubles in part on the coronavirus pandemic, and said it has a deal lined up to sell the company.
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Jul 06, 2020
Uber Technologies has agreed to acquire Postmates in a $2.65 billion all-stock takeover, helping Uber and its Uber Eats food-delivery division gain ground against DoorDash.
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Jul 06, 2020
As the mask-wearing forced by the pandemic collides with a national reckoning on racial injustice, workplaces are seeing tensions arise over whether employees should be permitted to wear Black Lives Matter masks at work.
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Jul 06, 2020
As the mask-wearing forced by the pandemic collides with a national reckoning on racial injustice, workplaces are seeing tensions arise over whether employees should be permitted to wear Black Lives Matter masks at work.
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Jul 05, 2020
Gig workers are clamoring for jobs that often pay less while facing stiff competition from a crush of newly unemployed workers - all while trying to avoid contracting the coronavirus.
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Jul 04, 2020
"It oddly hasn't been a stressful time. I can keep the team together, keep them motivated. We're basically doing everything we can to be ready for when the restrictions are eased."
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Jul 04, 2020
A Joliet hospital is preparing to transfer babies and pediatric patients to a sister facility, reschedule non-urgent surgeries and potentially ask ambulances to take new patients elsewhere should more than 700 of its nurses strike Saturday.
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Jul 02, 2020
While the new standstill agreement between Tribune Publishing and its largest shareholder, Alden Global Capital extends a 33% ownership cap until next year, it still allows the hedge fund to make a tender off to buy a majority stake in the newspaper company at any time.
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Jul 02, 2020
Airbnb said U.S. users under age 25 with fewer than three positive reviews won't be allowed to book entire homes close to where they live. Airbnb wouldn't reveal how it defines what is "close."
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Jul 02, 2020
Rodeos around Illinois have been canceled because of the coronavirus pandemic. The events, often held at county fairs or to benefit nonprofits, can draw thousands. Without them, the grandstands are dark, and that's a financial punch in the gut.
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Jul 02, 2020
As consumers search for masks that are tolerable for more than a quick grocery run, brands like Under Armour, New Balance and Uniqlo have announced designs using breathable fabrics. Chicago mask-makers are also experimenting.
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Jul 02, 2020
Rodeos around Illinois are being canceled because of the coronavirus pandemic. The events, often held as nonprofit benefits or moneymakers for county fairs, can draw thousands. Without them, the grandstands are dark, and that financial punch in the gut reaches far beyond the county fairs that so often play host.
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Jul 02, 2020
There is a growing recognition across party lines that Congress will need to spend more money, soon, to continue to prop up the U.S. economy during the coronavirus recession.
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Jul 02, 2020
Peoria has historically been a bellwether for the Midwest and, at times, the nation. It is a place where marketers tested products, politicians honed their slogans, and rock stars kicked off tours.
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Jul 02, 2020
A daring and fascinating new exhibition, "Edith Farnsworth's Country House," restores Dr. Edith Farnsworth's presence to the Plano house that bears her name, but where for years she was all but absent.
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Jul 02, 2020
Dozens of Illinois rodeos are on hiatus this summer in an effort to stop the spread of COVID-19. Big Hat Rodeo, based in Harvard, canceled all 10 of its Midwest rodeos this year. The company has lost $100,000 in income. But the horses still need to be fed, and they eat more when they're not working.
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Jul 02, 2020
The Treasury Department said Thursday that it had finalized terms of new loans to American, Spirit Airlines, Frontier Airlines, Hawaiian Airlines and SkyWest Airlines.
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Jul 02, 2020
U.S. employers added a substantial 4.8 million jobs in June, and the unemployment rate fell to 11.1%, as the job market improved for a second straight month yet still remained far short of regaining the colossal losses it suffered this spring.
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Jul 02, 2020
Neela Montgomery, Crate & Barrel's CEO for almost three years, will leave the Northbrook-based retailer Aug. 1.
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Jul 01, 2020
The Chicago-based fast food giant said it will pause planned reopenings of its dining rooms for 21 days.
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Jul 01, 2020
A Joliet hospital is preparing to transfer babies and pediatric patients to a sister facility, reschedule non-urgent surgeries and potentially ask ambulances to take new patients elsewhere should more than 700 of its nurses strike Saturday.
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Jul 01, 2020
Tribune Publishing has struck a deal with its largest shareholder, Alden Global Capital, that adds the hedge fund's co-founder, Randall Smith, to the newspaper company's board, while extending an ownership standstill agreement until next year.
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Jul 01, 2020
As consumers search for masks that are tolerable for more than a quick grocery run, big brands like Under Armour, New Balance and Uniqlo have announced designs using breathable fabrics. Chicago mask-makers are also experimenting with new styles.
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Jul 01, 2020
Wells St. Market opens for indoor dining but encourages diners to take out.
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Jul 01, 2020
Chicago-based Pride Masks sets out to make masks lighter and more breathable.
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Jul 01, 2020
Illinois unveiled an $11.5 million investment to open seven small business resource centers, including five in Chicago, that provide support amid the ongoing COVID-19 health crisis and stores damaged from protests in early June.
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Jul 01, 2020
American said Wednesday that it's dropping nearly two dozen routes between major international hubs in Los Angeles, Philadelphia and Charlotte to destinations such as Barcelona, Budapest and Beijing. The airline's international flying will be reduced by 25% through next summer compared to the schedule it flew in 2019.
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Jul 01, 2020
United Airlines plans to fly about three times more routes in August than it did last month as passengers slowly return to the skies, even as the number of new coronavirus infections across the U.S. rises.
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Jul 01, 2020
Economists have forecast that employers added 3 million jobs in June and that the unemployment rate dropped to 12.3%. If they're correct, Americans have still recovered just one-quarter of the jobs they lost in March and April,
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Jul 01, 2020
Macy's CEO Jeff Gennette told analysts Wednesday said that the department store will be pivoting its Black Friday business more toward online and will likely be going "full force" with holiday marketing right after Halloween. It also will be staggering events to reduce customer traffic in the stores.
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Jul 01, 2020
On any given day, somewhere in the United States, someone is going to wake up, leave the house and get in a huge argument with a stranger about wearing masks.
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Jul 01, 2020
Some 32 project finalists will be awarded $5.4 million in Neighborhood Opportunity Fund grants, Mayor Lori Lightfoot announced Tuesday.
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Jul 01, 2020
Tribune Publishing has called a special meeting of its board of directors for Wednesday, hours after a standstill agreement with the company's largest shareholder, Alden Global Capital, expired.
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Jul 01, 2020
On any given day, somewhere in the United States, someone is going to wake up, leave the house and get in a huge argument with a stranger about wearing masks.
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Jul 01, 2020
This week, Boeing and the FAA began 737 Max certification flights using FAA test pilots. If the FAA deems the flights satisfactory, it could let airlines resume using the plane later this year, which would be a massive victory for Boeing.
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Jun 30, 2020
Democrats drove a temporary extension of a popular subsidy program for small businesses through the GOP-controlled Senate late Tuesday, an unexpected development that came as spikes in coronavirus cases in many states are causing renewed shutdowns of bars and other businesses.
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Jun 30, 2020
Some 32 project finalists will be awarded $5.4 million in Neighborhood Opportunity Fund grants, Mayor Lori Lightfoot announced Tuesday.
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Jun 30, 2020
Radio broadcasting company iHeartMedia launched a national news network Tuesday for the Black community that will be run by a Chicago-based radio industry veteran.
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Jun 30, 2020
A state board has approved plans by Northwestern Medicine to spend more than $100 million to expand care at its downtown hospital and open a new, suburban medical office building — despite concerns from labor leaders that minority workers and patients are being left out of the system's efforts.
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Jun 30, 2020
Fed officials say more than 200 banks have signed up to participate in the Main Street Lending program since it began two weeks ago, but that's a small slice of the nation's roughly 5,000 lenders. None have made any loans yet.
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Jun 30, 2020
Fed officials say more than 200 banks have signed up to participate in the Main Street Lending program since it began two weeks ago, but that's a small slice of the nation's roughly 5,000 lenders. None have made any loans yet.
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Jun 30, 2020
After a stumbling start three months ago, the government's centerpiece relief program for small businesses is ending with money left over.
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Jun 30, 2020
After a stumbling start three months ago, the government's centerpiece relief program for small businesses is ending with money left over.
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Jun 30, 2020
Reclosings are complicating prospects for a enduring economic recovery from the sudden and deep U.S. economic downturn. In a worst-case scenario, economists at IHS Markit warn, after a brief rebound, the economy could slip back into recession by the end of the year.
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Jun 30, 2020
Reclosings are complicating prospects for a enduring economic recovery from the sudden and deep U.S. economic downturn. In a worst-case scenario, economists at IHS Markit warn, after a brief rebound, the economy could slip back into recession by the end of the year.
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Jun 30, 2020
Illinois will delay awarding more than 80 marijuana licenses meant to expand the industry, following delays in the application process brought on by the coronavirus pandemic.
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Jun 30, 2020
Billy Goat pairs with Miskatonic Brewing on beer line after partnership with Baderbrau falls through
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Jun 30, 2020
Lululemon, the purveyor of expensive athleisure and activewear, is betting on the future of personalized remote exercise as a way to reach customers by acquiring Mirror, a home fitness startup that sells a $1,495 wall-mounted machine for streaming workout classes.
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Jun 30, 2020
The European Union announced Tuesday that it will reopen its borders to travelers from 14 countries, but most Americans have been refused entry for at least another two weeks.
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Jun 30, 2020
Norwegian Air Shuttle said Tuesday it has terminated the purchase agreements of five Boeing 787 Dreamliners and 92 Boeing 737 Max aircraft.
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Jun 30, 2020
Weeks after being seriously threatened by floodwaters, the Farnsworth House, a modernist masterpiece in Chicago's far southwest suburbs, will reopen for public tours Wednesday, with a temporary exhibit devoted to its often-overlooked namesake — the late Chicago kidney doctor Edith Farnsworth.
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Jun 30, 2020
Two months after cutting most employees' pay 20% in response to the coronavirus pandemic, global insurance giant Aon announced Tuesday it is restoring full salaries July 1.
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Jun 30, 2020
The U.S. Food and Drug Administration is inspecting a Fresh Express production facility in Streamwood, after bagged salads made there and sold at chains like Jewel, Aldi and Walmart were linked to a multistate outbreak of intestinal infections caused by the Cyclospora parasite.
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Jun 30, 2020
A Boeing 737 Max took off from a Seattle airport on Monday, the start of three days of re-certification test flights that mark a step toward returning the aircraft to passenger service.
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Jun 30, 2020
Facebook announced Tuesday it is building an $800 million data center in DeKalb that would rely on renewable energy and bringing about 100 operational jobs to the northwest region of the state.
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Jun 29, 2020
The U.S. Food and Drug Administration is inspecting a Fresh Express production facility in Streamwood, after bagged salads made there and sold at chains like Jewel, Aldi and Walmart were linked to a multistate outbreak of intestinal infections caused by the Cyclospora parasite.
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Jun 29, 2020
Cirque du Soleil filed for creditor protection in Canada on Monday while it develops a plan to restart its business amid the pandemic.
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Jun 29, 2020
Chicago's Fair Workweek ordinance goes into effect Wednesday, requiring large employers to give workers 10 days' advance notice of their schedules and pay a premium for last-minute changes. Efforts by trade groups to delay implementation because of the pandemic were unsuccessful.
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Jun 29, 2020
One of Chicago's biggest tourism attractions, Skydeck Chicago, will reopen Friday with new social distancing measures and a timed ticketing system to manage its limited capacity.
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Jun 29, 2020
More than $140 billion in loan money remained unclaimed out of $659 billion allocated by Congress. It will be up to Congress to decide what to do with any leftover funds, an SBA spokeswoman said.
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Jun 29, 2020
Boeing Co. and federal regulators were set to begin a critical set of test flights on the 737 Max on Monday in a signal that the government is finally comfortable with the multiple fixes that the plane manufacturer has devised for the aircraft.
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Jun 29, 2020
Indiana Beach reopened Friday, and the Monticello, Indiana, amusement park has a new owner with big plans.
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Jun 29, 2020
"It's simple for cosmetics — men are a growth industry," said Ben Parr, co-founder of marketing firm Octane AI, who points to the millennial generation's embrace of men wearing makeup as a major catalyst. "You're seeing that impact starting now."
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Jun 29, 2020
Kim Kardashian West is selling a stake in her beauty brand to Covergirl owner Coty for $200 million, a deal that values the TV reality star's 3-year-old business at $1 billion.
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Jun 29, 2020
During the pandemic, there has been wide variation between what providers bill for the same basic diagnostic test, even in how much a test can cost two patients at the same location.
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Jun 29, 2020
The number of Americans signing contracts to buy homes rebounded a record 44.3% in May after a record-breaking decline the previous month, as the impact of the coronavirus pandemic sidelined both buyers and sellers.
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Jun 29, 2020
Among the myriad challenges employers face at the mid-point of this difficult year is how to manage the stockpiles of unused paid time off that many employees have accumulated as COVID-19 sidelined spring break trips and summer getaways.
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Jun 29, 2020
"We're in uncharted territory with pricing a new medicine, a novel medicine, in a pandemic," Gilead's chief executive, Dan O'Day, told The Associated Press.
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Jun 28, 2020
Starbucks is the latest company to say it will pause social media ads after a campaign led by civil rights organizations called for an ad boycott of Facebook, saying it doesn't do enough to stop racist and violent content.
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Jun 28, 2020
Boeing has received Federal Aviation Administration approval to start test flights of its 737 Max to demonstrate that it can fly safely with new flight control software. The flights, which could begin as soon as Monday, represent a major step in the company's effort to get its bestselling plane flying again.
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Jun 26, 2020
Among the myriad challenges employers face at the mid-point of this difficult year is how to manage the stockpiles of unused paid time off that many employees have accumulated as COVID-19 sidelined spring break trips and summer getaways.
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Jun 26, 2020
American Airlines will start booking flights to full capacity next week, ending any effort to promote social distancing on its planes while the United States sets records for new reported cases of the coronavirus.
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Jun 26, 2020
The pandemic has altered recruiting in ways that are expected to endure long past a vaccine and return to the office. Chicago companies, particularly in the tech industry, are increasingly hiring out-of-state employees and telling them they can stay put, even after the pandemic subsides.
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Jun 26, 2020
Groupon co-founder Eric Lefkofsky bought almost $5.4 million worth of stock in the Chicago-based deals company last week.
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Jun 26, 2020
A new CEO will take over at Navistar International Wednesday, as current chairman and CEO Troy Clarke moves to the newly created role of executive chairman and focuses his attention on discussions with Traton, which seeks to buy the Lisle-based truck and bus manufacturer.
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Jun 26, 2020
Illinois casinos and video gaming locations can reopen on July 1 with capacity limits, social distancing and other required measures aimed at limiting the spread of COVID-19
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Jun 26, 2020
The rap superstar will design adult and kids' clothing that will be sold at the chain's stores next year.
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Jun 25, 2020
Chuck E. Cheese, where kids could be kids while parents nursed headaches, is filing for bankruptcy protection.
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Jun 25, 2020
Macy's said Thursday it's laying off 3,900 people corporate staffers, roughly 3% of its overall workforce, as the pandemic takes a financial toll on the iconic department store chain's sales and profits.
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Jun 25, 2020
One of Chicago's biggest luxury residential developers wants to build a 43-story apartment high-rise using air rights from a Near North Side church, but residents of a neighboring condo tower are going on the offensive to stop it. Fifield Cos. plans the 406-unit building on a site at the corner of Maple Street and LaSalle Drive, along the west side of the Gold Coast Galleria condominium tower at 111 W. Maple St., according to the condo association.
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Jun 25, 2020
A government watchdog says nearly 1.1 million relief payments totaling some $1.4 billion went to dead people in the government's coronavirus aid program.
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Jun 25, 2020
The Illinois Tollway is slashing late fees by 85%, to $3 from $20 for every unpaid toll.
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Jun 25, 2020
The movement for social change in the wake of George Floyd's death has not only prompted thousands to take to the streets, it has resonated with corporate America, making diversity and inclusion the watchwords of the moment for banks and burger chains alike. But experts warn progress will take more than words alone.
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Jun 25, 2020
A judge on Wednesday ordered several Chicago McDonald's restaurants to adopt new safety measures for social distancing, training and masks.
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