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 NEWS: CHICAGO TRIBUNE BUSINESS NEWS
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   NEWS: CHICAGO TRIBUNE BUSINESS NEWS
Chicago Tribune Business News
Oct 04, 2024

President Biden talks election, economy and Middle East in surprise news briefing
After 1,080 days as president, Joe Biden on Friday decided to pop in and take questions in the White House briefing room for the first time, striding in with a grin after a strong monthly jobs report and the temporary settlement of a strike by ports workers.

Chicago Tribune Business News
Oct 04, 2024

Highland Park home once owned by former Bulls forward Scottie Pippen is listed for $2.7M, and under contract
During his years playing for — and also after leaving — the Bulls, Pippen owned a pair of mansions in Highland Park as well as a condo on Lake Shore Drive on the Gold Coast.

Chicago Tribune Business News
Oct 04, 2024

New outdoor classroom at Givins Castle in Beverly dedicated to late child educator Ann Bagnall
The legacy of the late Ann Bagnall was celebrated Wednesday at a dedication of a new outdoor classroom at Givins Castle in Beverly.

Chicago Tribune Business News
Oct 04, 2024

McDonald's will roll out a chicken version of its Big Mac in the US this month
The announcement comes as McDonald's continues to put a focus on chicken. During a second quarter earnings call in July, CEO Chris Kempczinski said the company's chicken sales were now on par with beef sales.

Chicago Tribune Business News
Oct 04, 2024

Dockworkers' union suspends strike until Jan. 15 to allow time to negotiate new contract
Some 45,000 dockworkers at East and Gulf coast ports are returning to work after their union reached a deal to suspend a strike that could have caused shortages and higher prices if it had dragged on.

Chicago Tribune Business News
Oct 03, 2024

Taxpayers in 24 states will be able to file their returns directly with the IRS in 2025
The IRS is expanding its program that allows people to file their taxes directly with the agency for free.

Chicago Tribune Business News
Oct 03, 2024

Dockworkers' union to suspend strike until Jan. 15 to allow time to negotiate new contract, source says
The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports has reached a deal to suspend their strike until Jan. 15 to provide time to negotiate a new contract.

Chicago Tribune Business News
Oct 03, 2024

New Harry Potter exhibit, along with Spanish clothing retailer Mango, could work a little magic on the Mag Mile
It won't be the first time on the Mile for either Harry Potter or Mango. Water Tower Place hosted a Harry Potter pop-up attraction in 2022 and 2023, while the Spanish clothing line once had a small store in Water Tower Place.

Chicago Tribune Business News
Oct 03, 2024

In an effort to address food deserts, Illinois doles out first round of state grocery funding. An Austin grocer is among the recipients.
Among the recipients is Forty Acres Fresh Market, an Austin grocer that now operates via pop-ups and as a delivery service.

Chicago Tribune Business News
Oct 03, 2024

President Biden's student loan cancellation free to move forward as court order expires
President Joe Biden's latest attempt at student loan cancellation is free to move ahead, at least temporarily, after a judge in Georgia sent a legal challenge to Missouri.

Chicago Tribune Business News
Oct 03, 2024

President Biden's student loan cancellation is put on hold again after day of legal whiplash
Just as it briefly appeared the Biden administration would have a window to push its plan forward, U.S. District Judge Matthew Schelp in Missouri quickly granted an injunction blocking any widespread cancellation.

Chicago Tribune Business News
Oct 03, 2024

GPTC celebrates Greyhound partnership, Northwest Indiana expansion
Mayor Eddie Melton called Gary the "crossroads of the Midwest," and he believes the future of the Gary Public Transportation Corporation shows that. "We have rail, we have a highway behind us," Melton said. "We have almost all transportation within just a couple mile radius of the core of our city. Down the road, we have the Gary-Chicago International Airport." The Gary Public Transportation Corporation on Thursday celebrated the 40th anniversary of the Adam Benjamin Metro Center, service expansion to other Northwest Indiana cities and Greyhound's increased presence. The transportation organization is expanding its bus services into other communities, including […]

Chicago Tribune Business News
Oct 03, 2024

The US could see shortages and higher retail prices if a dockworkers strike drags on
U.S. ports from Maine to Texas shut down this week when the union representing about 45,000 dockworkers went on strike for the first time since 1977.

Chicago Tribune Business News
Oct 03, 2024

Column: Searching for the Blackhawks, Bulls and White Sox on TV is like a trip back to the 1980s. Are they worth it?
The pursuit of an antenna to watch CHSN, the new station for the Bulls, Blackhawks and White Sox on free TV, was like a trip back to the 1980s.

Chicago Tribune Business News
Oct 03, 2024

Lincoln Park 3-bedroom home with double-sided fireplace: $1.2M
Address: 1610 N. Mohawk St., Unit E, Chicago Price: $1,200,000 Listed: Sept. 13, 2024 This three-bedroom, two-and-a-half-bath home has hardwood floors throughout and a double-sided fireplace in the living and dining rooms. In the kitchen are custom cabinets, Sub-Zero, Thermador and Fisher & Paykel appliances, as well as quartzite countertops and a double dishwasher. Outside is a brick paver patio and a balcony off of the living room. In the ensuite primary bedroom is a Jacuzzi tub, dual vanities and Baccarat-inspired fixtures. This home is completed by a shared courtyard for the residents of Larrabee Commons, private and gated entrances […]

Chicago Tribune Business News
Oct 02, 2024

Bank of America is down: Customers report widespread outage
Bank of America customers report having trouble accessing their bank accounts on Wednesday.

Chicago Tribune Business News
Oct 02, 2024

Abercrombie & Fitch to take over former Ulta Beauty in downtown Naperville
Abercrombie & Fitch is coming to downtown Naperville, filling a spot that's been vacant since March, city and business officials say.

Chicago Tribune Business News
Oct 02, 2024

The president could invoke a 1947 law to try to suspend the dockworkers' strike. Here's how
Some manufacturers and retailers are urging President Joe Biden to invoke a 1947 law as a way to suspend a strike by 45,000 dockworkers that has shut down 36 U.S. ports from Maine to Texas.

Chicago Tribune Business News
Oct 02, 2024

Northwestern's Kellogg School of Management to construct new high-tech building on Evanston's lakefront
The facility will replace the Kellogg School of Management's James L. Allen Center, nearly doubling the number of classroom seats.

Chicago Tribune Business News
Oct 02, 2024

Chicago Blackhawks star Connor Bedard — ‘a generational talent' — signs memorabilia deal with Fanatics
Chicago Blackhawks star Connor Bedard has signed an exclusive memorabilia deal with Fanatics, the athletic merchandise and apparel company that became the NHL's official on-ice outfitter last year.

Chicago Tribune Business News
Oct 01, 2024

Inverness man pleads guilty in $14M COVID-19 testing fraud scheme
Lab "employees threw away untested, weeks-old specimens, but released purported test results to patients as negative for COVID-19," according to the plea agreement.

Chicago Tribune Business News
Oct 01, 2024

Chicago Sports Network launches with new over-the-air TV affiliates in South Bend and Rockford, adds Astound, but still no Comcast
Gray Media television stations in Rockford and South Bend both flipped the switch to join the fledgling Chicago Sports Network ahead of its two-hour premiere show at 5 p.m.

Chicago Tribune Business News
Oct 01, 2024

Glencoe historians strip owner's name from Frank Lloyd Wright cottage due to racist past
The Glencoe Historical Society has removed the name of Sherman Booth from a Frank Lloyd Wright-designed cottage after discovering the extent of Booth's efforts to reduce the number of Black citizens from Glencoe roughly 100 years ago by using racially restrictive covenants. The cottage now located at in the Ravine Bluffs neighborhood was designed by the noted architect Wright as a gift to Booth, his friend and attorney. GHS took possession of the structure several years ago amid demolition fears. GHS officials said they were previously aware of the large decline in Glencoe's Black population in the 1920s, but they […]

Chicago Tribune Business News
Oct 01, 2024

Name stripped from Frank Lloyd Wright cottage in Glencoe after historians discover owner's racist past
The Glencoe Historical Society has removed the name of Sherman Booth from a Frank Lloyd Wright-designed cottage after discovering the extent of Booth's efforts to reduce the number of Black citizens from Glencoe roughly 100 years ago by using racially restrictive covenants. The cottage now located at in the Ravine Bluffs neighborhood was designed by the noted architect Wright as a gift to Booth, his friend and attorney. GHS took possession of the structure several years ago amid demolition fears. GHS officials said they were previously aware of the large decline in Glencoe's Black population in the 1920s, but they […]

Chicago Tribune Business News
Oct 01, 2024

Name stripped from Frank Lloyd Wright cottage in Glencoe after historians discover racist past
The Glencoe Historical Society has removed the name of Sherman Booth from a Frank Lloyd Wright-designed cottage after discovering the extent of Booth's efforts to reduce the number of Black citizens from Glencoe roughly 100 years ago by using racially restrictive covenants. The cottage now located at in the Ravine Bluffs neighborhood was designed by the noted architect Wright as a gift to Booth, his friend and attorney. GHS took possession of the structure several years ago amid demolition fears. GHS officials said they were previously aware of the large decline in Glencoe's Black population in the 1920s, but they […]

Chicago Tribune Business News
Oct 01, 2024

Pedestrian apparently killed by Amtrak train north of Glenview
Information about the victim was not immediately available, though Amtrak released a statement saying the Cook County Medical Examiner's Office was called to the scene, which would indicate the victim was killed.

Chicago Tribune Business News
Oct 01, 2024

Alinea co-founder Nick Kokonas sells stake in restaurant group
The group's flagship restaurant, Alinea, is one of two Chicago restaurants with three Michelin stars. Among its other projects are the restaurant Roister and the cocktail lounge The Aviary.

Chicago Tribune Business News
Oct 01, 2024

Dockworkers may have the negotiating advantage in their strike against US ports
With 45,000 longshoremen at 36 U.S. ports from Maine to Texas on strike for the first time in decades, experts say the workers may wield the upper hand in their standoff with port operators over wages and the use of automation.

Chicago Tribune Business News
Oct 01, 2024

Dockworkers' strike could push up prices and cause shortages if it lasts for weeks
From Maine to Texas, dockworkers at 36 ports across the eastern U.S. are now on strike for the first time in decades. And the work stoppage could snarl supply chains — leading to shortages and higher prices if it stretches on for more than a few weeks.

Chicago Tribune Business News
Oct 01, 2024

From Lollapalooza to the DNC, summer events boost Chicago hotels to record revenue
Visitors to Chicago booked 3.4 million hotel rooms from June through August, up 5% over last summer, according to data released Tuesday by Choose Chicago, the city's tourism arm.

Chicago Tribune Business News
Oct 01, 2024

Dog days: With plans for an aggressive expansion and an activist investor onboard, can Portillo's grow while staying true to its roots?
An activist investor that has acquired a 10% stake and wants Portillo's to make key changes to its business as it grows, building smaller restaurants and more intentionally building brand awareness outside Chicago.

Chicago Tribune Business News
Oct 01, 2024

Glencoe 5-bedroom home with 5 fireplaces and a cedar deck: $4M
Address: 1 Briar Lane, Glencoe Price: $3,950,000 Listed: Aug. 12, 2024

Chicago Tribune Business News
Oct 01, 2024

City allocates $75 million in bond funds to market rate housing initiative on South and West sides
The program will start with 44 vacant city-owned lots being offered to developers to purchase for $1 each. The lots have assessed values ranging from around $4,000 to nearly $50,000.

Chicago Tribune Business News
Sep 30, 2024

Deerfield-based Baxter temporarily closes its largest plant following hurricane, raising questions about supply of medical solutions
Baxter said it will provide an update, as soon as it is able to, about when it plans to resume production.

Chicago Tribune Business News
Sep 30, 2024

Baxter temporarily closes its largest plant following hurricane, raising questions about supply of medical solutions
Baxter said it will provide an update, as soon as it is able to, about when it plans to resume production.

Chicago Tribune Business News
Sep 30, 2024

Clarendon Hills ice cream shop set to serve its final scoops this month
The Daily Scoop, which opened in Clarendon Hills in 2002, is set to close its original location at the end of the season

Chicago Tribune Business News
Sep 30, 2024

CBS 2 adds 3D virtual reality forecasts, bringing Chicago's unpredictable weather to life
An evolution of the green screen, where weathercasters point at changing computer-generated maps and images, the new technology turns the entire studio into a green room, enabling a three-dimensional view.

Chicago Tribune Business News
Sep 30, 2024

CBS 2 adds 3D virtual reality weathercasts, bringing Chicago's unpredictable forecasts to life
An evolution of the green screen, where weathercasters point at changing computer-generated maps and images, the new technology turns the entire studio into a green room, enabling a three-dimensional view.

Chicago Tribune Business News
Sep 30, 2024

WGN-Ch. 9 news broadcasters Erin McElroy and Demetrius Ivory sell Mettawa home
The house has a family room with a stone fireplace and built-in bookshelves.

Chicago Tribune Business News
Sep 30, 2024

WGN-Channel 9 news broadcasters Erin McElroy and Demetrius Ivory sell Mettawa home
The house has a family room with a stone fireplace and built-in bookshelves.

Chicago Tribune Business News
Sep 30, 2024

Service on 4 Metra lines disrupted during Monday morning rush
Metra trains were at a standstill on three commuter lines for part of Monday morning, with service on two of them resuming by around 10 a.m., according to an agency spokeswoman.

Chicago Tribune Business News
Sep 30, 2024

DirecTV will buy rival Dish to create massive pay-TV company after yearslong pursuit
DirecTV is buying Dish and Sling as the company, a deal it has sought to complete for years, as seeks to better compete against streaming services that have become dominant.

Chicago Tribune Business News
Sep 30, 2024

Blackhawks, Bulls and White Sox have a new TV home. Here's what to know about the Chicago Sports Network.
Starting Oct. 1, the Blackhawks, Bulls and White Sox will have a new TV home — but many in Chicago won't be able to see it. Here's what to know about the Chicago Sports Network.

Chicago Tribune Business News
Sep 30, 2024

Ferrero opens Kinder Bueno production facility in Bloomington
Ferrero initially announced plans for the factory — an expansion of an existing production facility in Bloomington that is home to the company's first chocolate factory outside Europe — two years ago.

Chicago Tribune Business News
Sep 28, 2024

Latest talks between Boeing and its striking machinists break off without progress, union says
A regional district of the International Association of Machinists and Aerospace Workers said late Friday that Boeing "would not engage substantively" on a demand for higher pay.

Chicago Tribune Business News
Sep 27, 2024

Donald Trump favors huge new tariffs. What are they, and how do they work?
Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States.

Chicago Tribune Business News
Sep 27, 2024

The Habitat Co. moves to end its property management for CHA, leaving 3,400 units of public housing in flux
CHA and Habitat began their working relationship in 1987, according to a Habitat spokesperson. Habitat has worked in affordable housing development in Chicago for more than 50 years.

Chicago Tribune Business News
Sep 27, 2024

Northbrook home in the 1989 film ‘Uncle Buck' listed for just under $1.4M
The late filmmaker John Hughes, who wrote and directed "Uncle Buck," grew up in Northbrook, about a mile away.

Chicago Tribune Business News
Sep 27, 2024

Safety board says pedals used to steer Boeing Max jets on runways can get stuck
Federal safety investigators are making urgent recommendations to Boeing and the Federal Aviation Administration to prevent certain 737s from veering off the runway after landing.

Chicago Tribune Business News
Sep 27, 2024

Tinley Park trucking firm looks to expand, boost sales
Freightbull Inc. plans a paved lot just north of the former Tinley Park Mental Health Center large enough for 48 semi trailers.

Chicago Tribune Business News
Sep 27, 2024

Homer Glen residents decry plan to remove 300-year-old trees: ‘They are our heritage'
Officials from British Petroleum are mulling a plan to remove thousands of trees to ease maintenance of a pipeline in Homer Glen.

Chicago Tribune Business News
Sep 27, 2024

‘Mrs. CarmelCorn' Nita Tribo leaves sweet legacy in Chicago Heights
Juanita "Nita" Tribo, 86, who died Sept. 20, ran CarmelCorn in Chicago Heights, adjacent to Enzo's Italian Beef and Sausage.

Chicago Tribune Business News
Sep 27, 2024

Reframing self-care: New Chicago business looks beyond scented candles and massages to help clients find joy
Chicago-based On Leave Experiences pairs clients with excursions intended to help them broaden their horizons by wandering, creating and learning.

Chicago Tribune Business News
Sep 26, 2024

Southwest Airlines says it will introduce assigned seats and premium perks in 2026
Southwest Airlines executives on Thursday unveiled their vision for Southwest 2.0, an airline that for the first time will give passengers assigned seats.

Chicago Tribune Business News
Sep 26, 2024

Admiral Theatre sued by EEOC. Club failed to protect dancers from patrons, lawsuit alleges.
The lawsuit, filed Thursday, alleges dancers at the Admiral Theatre experienced "frequent unwelcome touching" while at work.

Chicago Tribune Business News
Sep 26, 2024

Edgebrook 5-bedroom home with skylights and a raised deck: $1.4M
Address: 6037 N. Legett Ave., Chicago Listed: Sept. 6, 2024 Price: $1,400,000 This five-bedroom, five-bathroom home in Edgebrook features tall ceilings, large windows and skylights. The fenced in professionally landscaped backyard has a raised raised deck with access to the family room and kitchen. The main level has two living spaces, a formal dining room, a bedroom, a full bath and an eat-in kitchen with an island, solid wood cabinetry, stainless steel appliances and a tile backsplash. There are four additional bedrooms upstairs including the private primary with a walk-in closet and an ensuite bathroom with a tub, separate spa shower […]

Chicago Tribune Business News
Sep 26, 2024

BMO celebrates 40 years in Chicago by jettisoning the Harris name. Goodbye Hubert, hello BMO Guy.
Forty years ago, a Canadian banking giant bought Harris Bank for $547 million, taking over the storied Chicago institution and staking its ground in the fertile financial soil of the Midwest. BMO, formerly the Bank of Montreal, has since created its own Chicago history, growing to become the 10th largest bank in the U.S., now […]

Chicago Tribune Business News
Sep 26, 2024

GM-UAW fight escalates over part-time temps at Indiana plant
General Motors Co. by next week could let go of about 250 part-time temporary employees at an Indiana truck plant since the automaker and United Auto Workers Local 2209 haven't reached a deal on the use of the workers helping to build light-duty trucks.

Chicago Tribune Business News
Sep 25, 2024

Coca-Cola Spiced is getting canceled after 7 months on the market
Coca-Cola Co. is discontinuing its newest "permanent" flavor a little more than seven months after putting it on the market.

Chicago Tribune Business News
Sep 25, 2024

Stellantis cuts temps and full-time workers at Michigan plant, more layoffs planned
Stellantis NV is expected to terminate 191 workers at its Sterling Heights Assembly Plant by this weekend, according to the United Auto Workers. Some 177 of those affected are supplemental workers, also called temps, according to a letter to members from UAW Local 1700, which represents workers at the plant. Another 14 are full-time employees that have lower seniority with the company. The Sterling Heights plant, known as SHAP, builds the Ram 1500 pickup. Additional supplemental workers at the Toledo Assembly Complex in Ohio, which builds the Jeep Wrangler SUV and Gladiator pickup, were also being notified of their termination […]

Chicago Tribune Business News
Sep 25, 2024

Pedestrian safety measures still lacking at many rail crossings — sometimes with tragic results
Fatalities in Barrington and on Chicago's Southeast Side have sparked concern for pedestrians when they are near railroad tracks.

Chicago Tribune Business News
Sep 25, 2024

New center for organ donors at Rush is first of its kind in Illinois
Tucked away behind unassuming double doors on the fifth floor of Rush University Medical Center sits a new, very different type of medical unit.

Chicago Tribune Business News
Sep 24, 2024

Board of Elections objects to election workers' union petition, saying union membership constitutes prohibited ‘political activity'
As Chicagoans prepare to cast ballots in the presidential election now just over a month away, workers for the city's Board of Elections Commissioners want to unionize, saying they're overworked and frustrated by "stagnant" wages.

Chicago Tribune Business News
Sep 24, 2024

Palos 90-year-olds turn birthday greetings into fundraiser
"Birthday cards are a big deal," a Peace Village resident said, so they're making and selling them to raise money for charity.

Chicago Tribune Business News
Sep 24, 2024

Amtrak to run new service from Chicago to Florida — for now
The new Floridian trains will run daily from Chicago to Miami, stopping along the way in Cleveland, Pittsburgh and Washington, D.C. Service begins Nov. 10.

Chicago Tribune Business News
Sep 24, 2024

Naperville 5-bedroom home with stone and stucco facade: $4M
Address: 21 Forest Ave., Naperville Price: $3,999,000 Listed: Sept. 4, 2024 This five-bedroom, 7 ½-bathroom home is near downtown Naperville and features hand-scraped walnut floors and dual staircases. On the first floor is the kitchen with custom Alder cabinets by Joliet Cabinet Co. and a breakfast nook. Off of the kitchen is a living room […]

Chicago Tribune Business News
Sep 24, 2024

Mars Wrigley selects developer for its historic candy factory on Northwest Side
Mars Wrigley has chosen a commercial developer to reconstruct its historic factory site on the Northwest Side, the nearly century-old birthplace of the Snickers and Three Musketeers candy bars.

Chicago Tribune Business News
Sep 24, 2024

Motormouth: Top tier gas
Q: Neither my husband nor I understood your reply in our paper recently. We both use Citgo 87 and the stations we go to state "Top Tier." You said Citgo doesn't meet Top Tier standard. Can you please clarify your reply?

Chicago Tribune Business News
Sep 23, 2024

Kmart's blue light fades to black with the shuttering of its last full-scale US store
Kmart, renowned for its Blue Light Specials — featuring a flashing blue orb affixed to a pole enticing shoppers to a flash sale — is shuttering its last full-scale store in mainland United States.

Chicago Tribune Business News
Sep 23, 2024

Illinois rental assistance program restarted, with $75M available for renters and landlords
Illinois allocated $75 million in state funding to continue to provide rental assistance to renters and their landlords for fiscal year 2025.

Chicago Tribune Business News
Sep 22, 2024

Landmarks: Pulaski Road cousin of Golden Gate Bridge earns historical status
The Crawford Avenue span over the Cal-Sag Channel was built by the same company as the Golden Gate Bridge and NYC's Washington Bridge.

Chicago Tribune Business News
Sep 22, 2024

Condo Adviser: Condo associations can't require unit owners to receive communication electronically
Unit owners can opt-in to electronic communications, but they can't be forced to communicate that way with a condo association.

Chicago Tribune Business News
Sep 22, 2024

Water levels on the Mississippi River are low. That's raising concerns for Illinois farmers during the harvest.
Drought monitor shows 45% of Illinois is being affected by at least a moderate drought and parts of southern Illinois are experiencing severe drought.

Chicago Tribune Business News
Sep 21, 2024

FBI agents have boarded vessel managed by company whose other cargo ship caused Baltimore bridge collapse
Federal agents have boarded a vessel managed by the same company as a cargo ship that caused the deadly Baltimore bridge collapse, the FBI has confirmed.

Chicago Tribune Business News
Sep 20, 2024

Amazon closing fulfillment center on Goose Island, laying off more than 200 employees
Amazon is closing its fulfillment center on Goose Island in River North and laying off 211 employees, the company reported in a state filing Monday.

Chicago Tribune Business News
Sep 20, 2024

Premier League fan fest coming to Lincoln Park as professional soccer continues to gain traction in Chicago
Thousands of soccer fans are expected to descend on Lincoln Park this weekend to cheer on their favorite British clubs at a nationally televised two-day watch party to Chicago.

Chicago Tribune Business News
Sep 19, 2024

As fiscal cliff, consolidation bill loom, CTA President Dorval Carter makes his case for the future of transit
CTA President Dorval Carter outlined an ambitious vision for growing transit in Chicago — if the state legislature comes through with needed cash

Chicago Tribune Business News
Sep 19, 2024

Amtrak salutes Latino workers who kept the trains running on time
A historian from Aurora delivered a lecture about "traqueros" at the Union Station ceremony, which also included a Mariachi band

Chicago Tribune Business News
Sep 19, 2024

Boeing CEO says the company will furlough a ‘large number' of employees to preserve cash during strike
Boeing's CEO says the company will begin furloughing a large number of employees to save cash during a strike by union machinists.

Chicago Tribune Business News
Sep 19, 2024

Nearly 138,000 beds are being recalled after reports of them breaking or collapsing during use
Nearly 138,000 platform beds sold at major retailers including Amazon and Walmart are being recalled across the U.S. and Canada.

Chicago Tribune Business News
Sep 19, 2024

OceanGate's scientific director says the Titan submersible malfunctioned just prior to fatal Titanic dive
The scientific director for the company that owned the Titan submersible that imploded last year while on its way to the Titanic wreckage testified Thursday that the sub had malfunctioned just prior to the fatal dive.

Chicago Tribune Business News
Sep 19, 2024

Former Outcome Health exec Ashik Desai, star witness in trial, sentenced to 7 months in prison
Ashik Desai's sentence on Thursday reflected his cooperation with prosecutors.

Chicago Tribune Business News
Sep 19, 2024

Lakeview 6-bedroom home with wine cellar: $4.2M
Address: 4136 N. Lakewood Ave., Chicago Listed: Sept. 3, 2024 Price: $4,195,000 This six-bedroom home has four full bathrooms, two half bathrooms, a wine cellar, custom built-ins and walnut wide plank floors. The kitchen features a five-burner Wolf cooktop with a steamer and a custom stainless hood. The primary bedroom suite, located on the second floor, is equipped with a steam shower and heated marble floors. The lower level of this home has high ceilings, an exercise room and a bar with a Fisher Paykel dishwasher drawer, surround speakers and automated blinds. A patio with a wood-burning fireplace and a […]

Chicago Tribune Business News
Sep 18, 2024

The Federal Reserve is finally lowering rates. Here's what consumers should know.
On Wednesday, the Fed announced that it reduced its key rate by an unusually large half-percentage point.

Chicago Tribune Business News
Sep 18, 2024

Teamsters will sit out of presidential election, but Illinois joint council backs Harris
The Teamsters decision to forgo an endorsement is a break in tradition: the union has for years backed Democrats for president.

Chicago Tribune Business News
Sep 18, 2024

Teamsters will sit out of presidential election, but Illinois joint council backs Kamala Harris
The Teamsters decision to forgo an endorsement is a break in tradition: the union has for years backed Democrats for president.

Chicago Tribune Business News
Sep 18, 2024

Teamsters will sit out of presidential election, but one Chicago-area local endorses Vice President Kamala Harris
The Teamsters decision to forgo an endorsement is a break in tradition: the union has for years backed Democrats for president.

Chicago Tribune Business News
Sep 18, 2024

Tupperware lifts the lid on its financial problems with bankruptcy filing
Tupperware Brands, the company that revolutionized food storage decades ago, has filed for Chapter 11 bankruptcy protection.

Chicago Tribune Business News
Sep 18, 2024

Chicago-based Oak Street Health to pay $60M to settle kickback allegations
The case was originally brought by a whistleblower, who will receive $9.9 million as part of the settlement.

Chicago Tribune Business News
Sep 18, 2024

The Fed's interest rate cut could jump-start residential development in downtown Chicago. ‘We need to have cranes in the sky.'
Fulton Market could be especially active with development as interest rates decline.

Chicago Tribune Business News
Sep 18, 2024

Hulk Hogan draws a crowd in New Lenox as he hawks his beer brand
The former wrestler and TV and movie actor was at Jewel in New Lenox to hawk his Real American Beer and sign cases for fans.

Chicago Tribune Business News
Sep 18, 2024

Chicago Sports Network and DirecTV announce deal, but holes in TV viewing market remain ahead of launch
As expected, the Chicago Sports Network and DirecTV formally announced an agreement Wednesday to carry the new TV home of the White Sox, Bulls and Blackhawks when it launches Oct. 1.

Chicago Tribune Business News
Sep 18, 2024

Pocketbook issues front of mind as Target, Best Buy launch holiday retail season
Retailers also are stretching the ever-important holiday retail season as long as possible.

Chicago Tribune Business News
Sep 18, 2024

Tinley Park OKs another $7.3 million in contracts for downtown Harmony Square plaza
The Tinley Park Village Board approved contracts for decorative woodwork, painting, flooring and electrical work for the project.

Chicago Tribune Business News
Sep 18, 2024

Chicago community groups join forces to oppose new Bears stadium on the lakefront
A coalition of community groups has come together to oppose the Chicago Bears' plans for a new lakefront stadium.

Chicago Tribune Business News
Sep 18, 2024

Chicago Bears' plan for new lakefront stadium draws opposition from coalition of community groups
A coalition of community groups has come together to oppose the Chicago Bears' plans for a new lakefront stadium.

Chicago Tribune Business News
Sep 18, 2024

GM offering adapters to help electric vehicle owners access Tesla chargers
General Motors is now offering adapters to help its electric vehicle owners access Tesla chargers.

Chicago Tribune Business News
Sep 18, 2024

Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight
The Federal Reserve cut its benchmark interest rate by an unusually large half-point.

Chicago Tribune Business News
Sep 18, 2024

Federal Reserve is set to cut interest rates for the first time in 4 years
The cut should lead to lower borrowing costs for consumers and businesses just weeks before the presidential election.

Chicago Tribune Business News
Sep 18, 2024

After stumbling for years, a federal program designed to address homelessness among veterans is getting back on track, especially in Chicago
HUD has been working with VA medical centers and public housing authorities in Chicago and beyond to get veterans off the streets and into their own homes.

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