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 NEWS: CHICAGO TRIBUNE BUSINESS NEWS
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   NEWS: CHICAGO TRIBUNE BUSINESS NEWS
Chicago Tribune Business News
Sep 25, 2020

Plans for a massive overhaul of Lake Shore Drive are moving forward. Here's how to give your input.
Plans to modernize seven miles of North Lake Shore Drive between Grand and Hollywood avenues are moving ahead, and members of the public will have an opportunity to weigh in on what future changes will look like.

Chicago Tribune Business News
Sep 25, 2020

Tyler Technologies, which provides software to schools, cities and states across US, hit by ransomware attack
Tyler Technologies acknowledged Friday it was hit by a ransomware attack two days after telling clients an unknown intruder had compromised its phone and information technology systems. Tyler provides software services for everything from jail and court management systems to payroll, human resources, tax and bill collection and land records.

Chicago Tribune Business News
Sep 25, 2020

Paid time off to cast a ballot or work the polls. Bans on Election Day meetings. Here's what Chicago employers are doing to help get out the vote.
A growing number of Chicago employers say they are trying to make sure work doesn't keep employees from casting a ballot in the upcoming presidential election, especially amid uncertainty about how the pandemic will affect lines at the polls.

Chicago Tribune Business News
Sep 25, 2020

More Chicago companies pledge to make it easier for workers to make time to vote
A growing number of Chicago employers say they are trying to make sure work doesn't keep employees from casting a ballot in the upcoming presidential election, especially amid uncertainty about how the pandemic will affect lines at the polls.

Chicago Tribune Business News
Sep 25, 2020

Plans for Chicago to Rockford passenger rail service gain traction
The Illinois Department of Transportation has begun discussions to determine what improvements would be needed to restore passenger rail to Rockford. Either Amtrak or Metra could be the operator.

Chicago Tribune Business News
Sep 25, 2020

Neiman Marcus is notifying employees of a new round of staff cuts
Neiman Marcus is exiting its bankruptcy with a smaller workforce, it's making significant staff cuts at its Neiman Marcus and Bergdorf Goodman stores.

Chicago Tribune Business News
Sep 25, 2020

Feds push for immediate ban on WeChat in US
The Justice Department is seeking an immediate ban on downloads of WeChat in Apple and Google app stores, saying the Chinese-owned messaging service is a threat to the security of the United States.

Chicago Tribune Business News
Sep 25, 2020

What will it take to make diners feel safe indoors? Nearly 60% feel uneasy eating inside, so restaurants try sterilizing UV wands, tabletop air purifiers as winter looms.
With winter approaching, "we have to convince people that restaurants are safe," said one Chicago restaurateur. Air quality upgrades could make a difference.

Chicago Tribune Business News
Sep 24, 2020

Franciscan breaks ground on $200M hospital in Crown Point; facility expected to open in 2023
Religious, city and Franciscan Health officials Thursday broke ground on a new $200 million, 500,000-square-foot Franciscan Health Crown Point hospital.

Chicago Tribune Business News
Sep 24, 2020

Drive-thru flu shots? Vaccine vouchers? How getting the flu shot in Illinois will be different this year
Getting the flu shot this year is going to look different in Illinois as patients and medical facilities adapt to the COVID-19 pandemic.

Chicago Tribune Business News
Sep 24, 2020

Drive-thru flu shots? Vaccine vouchers? How getting the flu shot in Illinois will be different this year.
Getting the flu shot this year is going to look different in Illinois as patients and medical facilities adapt to the COVID-19 pandemic.

Chicago Tribune Business News
Sep 24, 2020

As flu season arrives, people get flu shots in Highland Park
Flu shots are administered to drivers on Sept. 24, 2020, in the parking lot of a Jewel-Osco in Highland Park.

Chicago Tribune Business News
Sep 24, 2020

Rush plans new rehab hospital and expansion into physical therapy as part of joint venture with Select Medical
A new 84-bed rehabilitation hospital is planned for the West Side campus of Rush University System for Health, and Rush plans to expand further into physical therapy as part of a new partnership, the system announced Thursday.

Chicago Tribune Business News
Sep 24, 2020

‘Temporary' pay cuts have become permanent for many Americans during pandemic
The majority of workers who took a reduction as the virus brought the economy to a halt are still earning less than they were prior to the outbreak, according to a Pew Research Center study released Thursday, a sign of fragility in the labor market as the recovery slowly takes shape.

Chicago Tribune Business News
Sep 24, 2020

Iowa fines meatpacking plant less than $1,000 after coronavirus outbreak infected hundreds of workers
Iowa regulators have issued their first citation to a meatpacking plant with a large coronavirus outbreak that sickened its workforce — a $957 fine for a minor record-keeping violation.

Chicago Tribune Business News
Sep 24, 2020

Southwest Airlines CEO: ‘There's no reason to believe that things are going to improve anytime soon'
Southwest Airlines CEO Gary Kelly said a recent recovery in air travel has largely stalled. "I think we're all ready for this to be behind us, but realistically it's not surprising."

Chicago Tribune Business News
Sep 24, 2020

More than 5,000 workers at University of Illinois, both nurses and nonmedical staff, reach contract agreements after striking
More than 1,400 nurses have reached a contract agreement with University of Illinois Hospital and its clinics, after many of them went on a weeklong strike earlier this month.

Chicago Tribune Business News
Sep 24, 2020

German airline Lufthansa to offer preflight coronavirus tests on routes to US
German airline Lufthansa says it will test the practice of offering on-the-spot coronavirus tests before boarding intercontinental flights in an attempt to find a way to get long-haul passengers flying again.

Chicago Tribune Business News
Sep 24, 2020

More than 5,000 workers at University of Illinois Hospital, including both nurses and non-medical staff, reach contract agreements after striking
More than 1,400 nurses have reached a contract agreement with University of Illinois Hospital and its clinics, after many of them went on a week-long strike earlier this month.

Chicago Tribune Business News
Sep 24, 2020

United Airlines becomes first U.S. carrier to offer coronavirus testing for passengers
United Airlines will become the first U.S. carrier to offer rapid coronavirus testing to some of its passengers, the company announced Thursday.

Chicago Tribune Business News
Sep 24, 2020

What will it take to make diners feel safe? Nearly 60% feel uneasy eating inside, so restaurants try sterilizing UV wands, tabletop air purifiers as winter looms.
Restaurants are making air quality upgrades and other safety changes even as business remains devastated by COVID-19. "We have to convince people that restaurants are safe," said one Chicago restaurateur.

Chicago Tribune Business News
Sep 24, 2020

US jobless claims rise to 870,000 as fraud and backlogs cloud data
In Illinois, 23,113 people filed initial claims for jobless benefits during the week that ended Sept. 19, compared with 27,384 a week earlier.

Chicago Tribune Business News
Sep 24, 2020

Column: Chicago church where thousands viewed Emmett Till's open casket is named to list of nation's most endangered places
A Chicago church where thousands mourned Emmett Till in 1955 after the Black teenager was brutally murdered in Mississippi will be named Thursday to a list of the nation's 11 most endangered places.

Chicago Tribune Business News
Sep 24, 2020

Jobless claims rise to 870,000 as fraud and backlogs cloud data
In Illinois, 23,113 people filed initial claims for jobless benefits during the week that ended Sept. 19, compared with 27,384 a week earlier.

Chicago Tribune Business News
Sep 23, 2020

Cook County plans to give out grants of up to $10,000 to small businesses hit hard by pandemic
Small business owners in suburban Cook County who saw their revenue evaporate during the coronavirus pandemic could get up to $10,000 in grants by the end of the year, Cook County Board President Toni Preckwinkle announced Wednesday.

Chicago Tribune Business News
Sep 23, 2020

Sun-Times executive editor leaving Chicago newspaper for California digital startup
Chicago Sun-Times executive editor Chris Fusco is leaving the newspaper after 20 years to helm a California digital startup

Chicago Tribune Business News
Sep 23, 2020

Party City opening just 25 Halloween pop-up stores nationwide as CDC warns against traditional trick-or-treating
Party City will open about 90% fewer Halloween pop-up stores than last year as the coronavirus pandemic makes many traditional Halloween celebrations scarier than usual.

Chicago Tribune Business News
Sep 23, 2020

Chicago's signature LGBTQ neighborhood will no longer be marketed as Boystown, following complaints that the name excludes women and nonbinary people
The Northalsted Business Alliance will no longer use the name Boystown for Chicago's largest LGBTQ neighborhood.

Chicago Tribune Business News
Sep 23, 2020

Traveler satisfaction with airports is at a record high during pandemic, but Chicago's O'Hare, Midway still rank in bottom half
With few flyers during the pandemic, passenger satisfaction at America's airports is up. But both O'Hare International Airport and Midway Airport scored at the bottom of rankings again, according to a study released Wednesday.

Chicago Tribune Business News
Sep 23, 2020

Illinois Black-owned media coalition seeks bigger slice of $2 billion state advertising pie
The Illinois State Black Chamber of Commerce launched an initiative Wednesday to get the state to spend about $150 million more of its annual marketing budget on Black-owned media.

Chicago Tribune Business News
Sep 23, 2020

We're loading up on Halloween candy, with or without trick-or-treating
Chicago-based Ferrara Candy Co., which makes Brach's Candy Corn, says it saw online demand three months earlier than usual.

Chicago Tribune Business News
Sep 23, 2020

No rum, no cigars: Trump tightens sanctions on Cuba as he tries to financially starve island, woo Florida votes
Americans won't be allowed to bring home cigars and rum from Cuba under measures President Trump has announced to financially starve the island.

Chicago Tribune Business News
Sep 23, 2020

Why so few black bankers? Wells Fargo CEO apologizes for ‘very limited pool of Black talent' remark.
Wells Fargo CEO Charles Scharf said comments he made about the difficulty of finding qualified Black executives reflected "my own unconscious bias."

Chicago Tribune Business News
Sep 23, 2020

California governor orders ban on sales of new gas-powered cars and trucks by 2035
California will halt sales of new gasoline-powered passenger cars and trucks by 2035, Gov. Gavin Newsom announced Wednesday, a move he says will cut greenhouse gas emissions by 35% in the nation's most populous state.

Chicago Tribune Business News
Sep 23, 2020

What will it take to make you feel safe? Restaurants using sterilizing wands, tabletop air purifiers to lure diners back inside as winter looms.
Restaurants are making air quality upgrades and other safety changes even as business remains devastated by COVID-19. "We have to convince people that restaurants are safe," said one Chicago restaurateur.

Chicago Tribune Business News
Sep 23, 2020

Employers could require workers to get a COVID-19 vaccine. Will it come to that?
No one's in a rush to announce a policy on the COVID-19 vaccine, but some companies may become pioneers. Restaurants, for example, could stand apart by having all employees vaccinated — and bragging about COVID-safe policies.

Chicago Tribune Business News
Sep 23, 2020

Chicago fall bridge lifts start Wednesday; Lake Shore Drive lifts could take 45 minutes
Fall bridge lifts were scheduled to start Wednesday on the Chicago River's main and south branches, starting with the Lake Shore Drive Bridge, which officials warn may take much longer than usual to raise and lower because of construction, according to the city.

Chicago Tribune Business News
Sep 23, 2020

ComEd, other state utilities extend moratorium on residential disconnections due to COVID-19 pandemic until March 31
Ameren, Commonwealth Edison and other state utilities have agreed to extend a moratorium on residential disconnections until March 31 for those affected by the coronavirus pandemic.

Chicago Tribune Business News
Sep 23, 2020

Johnson & Johnson begins late-stage study of first single-shot COVID-19 vaccine
The study starting Wednesday will be one of the world's largest coronavirus vaccine studies so far, testing the shot in 60,000 volunteers in the U.S., South Africa and other countries.

Chicago Tribune Business News
Sep 23, 2020

Uncle Ben's rice is now Ben's Original as Mars replaces name, logo criticized as a racial stereotype
Parent firm Mars Inc. unveiled the change Wednesday for the 70-year-old brand, the latest company to drop a logo criticized as a racial stereotype. New packaging will hit stores next year.

Chicago Tribune Business News
Sep 22, 2020

Marijuana dispensary applicants drop lawsuit in the wake of 2nd chance for lottery
Marijuana dispensary applicants dropped a lawsuit against the state after getting a second chance to qualify for a license lottery

Chicago Tribune Business News
Sep 22, 2020

Going to a Chicago ER? Now you can register to vote while you're there
The effort to register as many voters as possible for the November election has expanded into a new, unlikely front: hospital emergency departments.

Chicago Tribune Business News
Sep 22, 2020

Going to a Chicago ER? Now you can register to vote while you're there.
The effort to register as many voters as possible for the November election has expanded to a new, unlikely front: hospital emergency departments.

Chicago Tribune Business News
Sep 22, 2020

There's a new place to register to vote in Chicago: the ER
The effort to register as many voters as possible for the November election has expanded into a new, unlikely front: hospital emergency departments.

Chicago Tribune Business News
Sep 22, 2020

Illinois residents can now apply for up to $400 from massive Facebook privacy settlement
Illinois Facebook users can apply to get between $200 and $400 from the social media company as part of a $650 million class-action settlement over alleged violations of a state privacy law.

Chicago Tribune Business News
Sep 22, 2020

Byline Bank closing 20% of its branches
Byline Bank plans to close 20% of its branch network by early next year while investing in its online banking platform.

Chicago Tribune Business News
Sep 22, 2020

WGN America's ‘News Nation,' which launched this month to tepid ratings, lands an interview with President Trump. ‘This puts us in the big time.'
Three weeks after launching to tepid ratings, WGN America's "News Nation" has landed an interview with President Trump that could raise the profile of the nascent cable newscast

Chicago Tribune Business News
Sep 22, 2020

From LA to Oslo, 12 cities — not including Chicago — pledge to divest from fossil fuel
Ten cities around the world on Tuesday joined New York and London in committing to divest from fossil fuel companies as part of efforts to combat climate change.

Chicago Tribune Business News
Sep 22, 2020

From portable air purifiers to ultraviolet wands that can sterilize glassware, restaurants are investing in safety. But will diners come inside during a pandemic?
Restaurants hoping to see the other side of the pandemic are pouring money into air quality upgrades and other safety features even as business remains devastated by COVID-19. As they burn through cash, these restaurants are counting on customers taking comfort in the changes and filling seats.

Chicago Tribune Business News
Sep 22, 2020

From tabletop air purifiers to ultraviolet wands for sterilizing glassware, restaurants are investing in safety. But will diners come inside during a pandemic?
Restaurants hoping to see the other side of the pandemic are pouring money into air quality upgrades and other safety features even as business remains devastated by COVID-19. As they burn through cash, these restaurants are counting on customers taking comfort in the changes and filling seats.

Chicago Tribune Business News
Sep 22, 2020

Chicago-based mall operator Brookfield to cut hundreds of employees; 20% of retail group workforce
Brookfield Properties is cutting 20% of its workforce in its retail division as the pandemic has accelerated online shopping and resulted in a string of store closings.

Chicago Tribune Business News
Sep 22, 2020

WGN America's ‘News Nation,' which launched this month to tepid ratings, interviews President Trump today. ‘This puts us in the big time.'
Three weeks after launching to tepid ratings, WGN America's "News Nation" has landed an interview with President Trump that could raise the profile of the nascent cable newscast

Chicago Tribune Business News
Sep 21, 2020

WGN America's ‘News Nation,' which launched this month to tepid ratings, said it will interview President Trump Tuesday. ‘This puts us in the big time.'
Three weeks after launching to tepid ratings, WGN America's "News Nation" has landed an interview with President Trump that could raise the profile of the nascent cable newscast

Chicago Tribune Business News
Sep 21, 2020

Column: Group says it's near deal to buy Emmett Till house and turn it into museum
A plan to transform the South Side house of civil rights icon Emmett Till into a museum appeared closer to reality Monday when the head of a nonprofit revealed her group is near a deal to buy the brick two-flat.

Chicago Tribune Business News
Sep 21, 2020

What Ruth Bader Ginsburg's death could mean for more than 800,000 Illinois residents with Obamacare
The future of the Affordable Care Act — under which hundreds of thousands of Illinois residents gained health insurance — just became murkier with the death of Ruth Bader Ginsburg.

Chicago Tribune Business News
Sep 21, 2020

Massive 3.5-acre rooftop deck opens at Old Post Office. Here's what it looks like.
The Old Post Office has opened the nation's largest private rooftop deck, giving office workers in the riverfront behemoth 3.5 acres of outdoor space to spread out during the coronavirus pandemic. The rooftop deck, which cost $19 million to build, opened Monday.

Chicago Tribune Business News
Sep 21, 2020

West-to-north ramp on the Jane Byrne Interchange set to reopen this week
The rebuilt west-to-north ramp on the Jane Byrne Interchange will reopen Wednesday, weather permitting, according to the Illinois Department of Transportation.

Chicago Tribune Business News
Sep 21, 2020

The Old Post Office opens nation's largest private rooftop deck
The Old Post Office has opened the nation's largest private rooftop deck, giving office workers in the riverfront behemoth 3.5 acres of outdoor space to spread out during the coronavirus pandemic.

Chicago Tribune Business News
Sep 21, 2020

Founder of GM electric truck partner Nikola quits, rejects fraud allegations
A report from Hindenburg Research from Sept. 10 said Nikola's success was "an intricate fraud" and based on "an ocean of lies" including a video showing a truck rolling downhill to give the impression it was cruising on a highway, and stenciling the words "hydrogen electric" on the side of a vehicle that was actually powered by natural gas.

Chicago Tribune Business News
Sep 21, 2020

Rival marijuana companies jockey for West Loop marijuana shop sites
Rival marijuana companies NuEra and Dispensary 33 are vying for recreational licenses across the street from each other in the West Loop — too close for state regulations.

Chicago Tribune Business News
Sep 21, 2020

Rival marijuana companies jockey for West Loop marijuana shop sites.
Rival marijuana companies NuEra and Dispensary 33 are vying for recreational licenses across the street from each other in the West Loop — too close for state regulations.

Chicago Tribune Business News
Sep 21, 2020

Nearly 9 million eligible Americans may miss out on $1,200 stimulus checks, GAO warns
The Government Accountability Office, Congress' auditing arm, said that possibly 8.7 million or more individuals eligible for the economic impact payments have yet to receive those payments because of inadequate IRS and Treasury Department records.

Chicago Tribune Business News
Sep 21, 2020

Chicago Zoning board OKs proposed NuEra dispensary, setting up a battle for West Loop marijuana shop sites
Rival marijuana companies NuEra and Dispensary 33, which are vying for recreational licenses across the street from each other in the West Loop, took their cases to the Chicago Zoning Board of Appeals Friday.

Chicago Tribune Business News
Sep 20, 2020

Judge delays Trump administration's restrictions on messaging app WeChat
In a ruling dated Saturday, a judge in California said the government's actions would affect users' First Amendment rights as an effective ban on the app removes their platform for communication.

Chicago Tribune Business News
Sep 19, 2020

Trump backs proposed deal with TikTok where app would partner with Oracle and Walmart
Trump said the proposed deal will result in a new company likely to be based in Texas and under the control of U.S.-based Oracle and Walmart.

Chicago Tribune Business News
Sep 19, 2020

New CDC study highlights threat of coronavirus spread on lengthy flights
A single airline passenger unknowingly sickened with coronavirus managed to infect 15 other people aboard the 10-hour trip to Vietnam, highlighting the dangers of travel amid the pandemic.

Chicago Tribune Business News
Sep 18, 2020

Illinois receives $1.3 billion from FEMA for $300 in weekly federal jobless benefits authorized by President Trump
Illinois receives $1.3 billion from FEMA for the $300 in weekly federal jobless benefits authorized by President Trump

Chicago Tribune Business News
Sep 18, 2020

City O'Hare debt document indicates COVID-19 could delay huge airport terminal revamp
The devastating impact of COVID-19 on the number of airline passengers using O'Hare International Airport could delay completion of the massive airport terminal modernization project, city officials acknowledge in a recent document.

Chicago Tribune Business News
Sep 18, 2020

University of Illinois at Chicago nurses and service workers march downtown as part of days-long strike
Hundreds of University of Illinois Hospital nurses and University of Illinois at Chicago service workers who are on strike marched downtown on a chilly Friday morning to Gov. J.B. Pritzker's office, asking the governor for solidarity as they negotiate contracts with the hospital and university.

Chicago Tribune Business News
Sep 18, 2020

Adult obesity rates are up nationwide, and the COVID-19 pandemic could push the rate higher, new report finds
Adult obesity rates in Illinois stood at 31.6%, with higher rates among Black and Latino adults, and food insecurity during the coronavirus pandemic could put more American at risk for obesity in the future, a new study published Thursday found.

Chicago Tribune Business News
Sep 18, 2020

Column: A renowaned Indian architect gets a Chicago showcase as Lincoln Park gallery celebrates Doshi's humanistic designs
A newly opened exhibition in Chicago celebrates the humanistic designs of Indian architect Balkrishna Doshi, his nation's first winner of the field's most prestigious honor, the Pritzker Architecture Prize.

Chicago Tribune Business News
Sep 18, 2020

Column: A renowned Indian architect gets a Chicago showcase as Lincoln Park gallery celebrates Doshi's humanistic designs
A newly-opened exhibition in Chicago celebrates the humanistic designs of Indian architect Balkrishna Doshi, his nation's first winner of the field's most prestigious honor, the Pritzker Architecture Prize.

Chicago Tribune Business News
Sep 18, 2020

WeChat usage, TikTok downloads to be banned in the US starting Sunday, Trump administration announces
The Commerce Department will roll out a ban of transactions in the U.S. using TikTok and WeChat starting Sunday.

Chicago Tribune Business News
Sep 18, 2020

TikTok, WeChat usage to be banned in the US starting Sunday, Trump administration announces
The Commerce Department will roll out a ban of transactions in the U.S. using TikTok and WeChat starting Sunday.

Chicago Tribune Business News
Sep 17, 2020

After 98 years in business, Southport Lanes will close in late September
Southport Lanes has lasted nearly a century by evolving, at various times serving as a tavern, bowling alley, speakeasy, brothel and illegal off-track horse betting venue. But the Lakeview institution, which opened not long after another pandemic, couldn't survive COVID-19. It will close for good Sept. 27.

Chicago Tribune Business News
Sep 17, 2020

Striking workers accuse University of Illinois at Chicago of violating Chicago's minimum wage law
Workers at the University of Illinois at Chicago who are on strike have filed 20 complaints with the city, alleging the university is paying them below Chicago's $14 per hour minimum wage.

Chicago Tribune Business News
Sep 17, 2020

Striking workers accuse University of Illinois at Chicago of violating city's minimum wage law
Workers at the University of Illinois at Chicago who are on strike have filed 20 complaints with the city, alleging the university is paying them below Chicago's $14 per hour minimum wage.

Chicago Tribune Business News
Sep 17, 2020

Southport Lanes has been a speak-easy, brothel, gambling den and bowling alley. One thing the Lakeview institution is not: A COVID-19 survivor.
Southport Lanes in Lakeview has lasted nearly a century, but the Chicago institution, which opened not long after another pandemic, couldn't survive COVID-19. It will close for good Sept. 27.

Chicago Tribune Business News
Sep 17, 2020

By the numbers: A snapshot of Chicago's economy six months into the pandemic
Since the start of the coronavirus pandemic, hundreds of thousands of Chicago-area jobs were lost, consumer spending dropped 43%, and over half of temporary business closures became permanent.

Chicago Tribune Business News
Sep 17, 2020

Cards Against Humanity sells Chicago Board Game Cafe; restaurant will reopen next month under new name
The Chicago Board Game Cafe, opened by Cards Against Humanity in February only to be shut down by the coronavirus pandemic, has been sold to a Toronto firm and will reopen next month.

Chicago Tribune Business News
Sep 17, 2020

COVID-19 danger continues to drive joblessness in US, even as unemployment claims fall
The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high figure that reflects economic damage from the coronavirus outbreak. In Illinois, first-time claims for benefits totaled 23,339 last week, down from 25,478 a week earlier.

Chicago Tribune Business News
Sep 16, 2020

Chicago-based tofu producer halts production after FDA inspectors allegedly find rats, other food safety violations
Fortune Food Product, a Chicago-based producer of soy products and bean sprouts, has agreed to stop production after federal inspectors allegedly witnessed live rodents and other food safety violations at the East Pilsen facility.

Chicago Tribune Business News
Sep 16, 2020

Illinois racing board grants 2021 race dates to Arlington International despite uncertainty over track's future
The racing board approved a 68-date thoroughbred meet for Arlington International Racecourse next year, despite concerns the track's owner, Churchill Downs, may pull up stakes and abandon Illinois racing

Chicago Tribune Business News
Sep 16, 2020

Neighborhood shops used to think it wasn't worth the hassle to sell online. Now they can't afford to ignore it.
Small neighborhood retailers used to compete with Amazon by catering to local shoppers who enjoy browsing in person. Now, they're venturing onto Amazon's turf.

Chicago Tribune Business News
Sep 16, 2020

COVID-19 is forcing small stores across Chicago to try being tiny Amazon rivals. ‘The old world doesn't exist anymore.'
Small neighborhood retailers used to compete with Amazon by catering to local shoppers who enjoy browsing in person. Now, they're venturing onto Amazon's turf.

Chicago Tribune Business News
Sep 16, 2020

COVID-19 is forcing small stores across Chicago to try online retail, but ‘we're not Amazon'
Small neighborhood retailers used to compete with Amazon by catering to local shoppers who enjoy browsing in person. Now, they're venturing onto Amazon's turf.

Chicago Tribune Business News
Sep 16, 2020

Federal Reserve plans to keep interest rates near zero at least through 2023
Fed Chairman Jerome Powell said the economic outlook still remains highly uncertain and depends heavily on the ability of the U.S. to get control of the pandemic. "A full economic recovery is unlikely until people are confident that it is safe to re-engage in a wide variety of activities," Powell said.

Chicago Tribune Business News
Sep 16, 2020

US charges 5 Chinese citizens in global hacking campaign that targeted more than 100 companies
The Justice Department has charged five Chinese citizens with hacks targeting more than 100 companies and institutions in the United States and elsewhere.

Chicago Tribune Business News
Sep 16, 2020

Wisconsin Dells' Tommy Bartlett water ski show, closed by coronavirus, is shutting down for good
The Tommy Bartlett Show in Lake Delton had to cancel this year's season, it's 70th, and can't recover from the loss of revenue.

Chicago Tribune Business News
Sep 16, 2020

Chicago's architectural biennial keeps the city at the forefront of design. But will it be held in 2021?
Will there be a Chicago Architecture Biennial next year at this time? Even if you've never attended the biennial, which bills itself as North America's largest survey of contemporary architecture, you have a stake in the answer.

Chicago Tribune Business News
Sep 16, 2020

Kohl's to cut 15% of office jobs due to coronavirus-related slump
Department store chain Kohl's, whose sales have been hurt by the pandemic, said it will cut 15% of its office workers to save money.

Chicago Tribune Business News
Sep 16, 2020

Carnival Cruise Line announces 2 more ships leaving fleet
Carnival Cruise Line announced another two ships leaving its fleet in the fallout from the coronavirus pandemic shutdown.

Chicago Tribune Business News
Sep 16, 2020

Coronavirus pandemic walloped global economy, but OECD says it's not as bad as it first feared
The Organization for Economic Cooperation and Development said in a report that the world's gross domestic product is projected to decline by 4.5% this year — less than the 6% plunge it had predicted in June.

Chicago Tribune Business News
Sep 16, 2020

More than 1,000 former ITT Tech students in Illinois may have $9.4 million in loans forgiven
More than 1,000 former Illinois students at the defunct for-profit college ITT Technical Institute could be eligible to have more than $9.4 million in student loans forgiven, according the state's attorney general's office.

Chicago Tribune Business News
Sep 16, 2020

737 Max probe: House panel blames crashes on ‘horrific culmination' of failed oversight, design flaws and Boeing inaction
A House committee issued a scathing report questioning whether Boeing and government regulators have recognized the problems that caused two deadly 737 Max jet crashes.

Chicago Tribune Business News
Sep 15, 2020

Illinois sports bets top $52 million in July; online wagering gains traction as NFL season kicks off
Sports betting in Illinois, which closed one week after it opened in March due to the COVID pandemic, generated more than $52 million in wagers during July, its first full month of action. With the NFL season underway and a number of online platforms going live, sports betting may be ready to take off.

Chicago Tribune Business News
Sep 15, 2020

Illinois officials say more than 1,000 former ITT Tech students could be eligible for $9.4 million in loan forgiveness
More than 1,000 former Illinois students at the defunct for-profit college ITT Technical Institute could be eligible to have more than $9.4 million in student loans forgiven, according the state's attorney general's office.

Chicago Tribune Business News
Sep 15, 2020

Kraft Heinz will cut $2 billion in costs, reinvest in iconic brands like Heinz ketchup and Lunchables
Kraft Heinz plans to cut $2 billion in costs over the next five years and put the savings into marketing brands with the highest potential for growth, part of a reorganization the legacy food maker hopes will make it more relevant to consumers.

Chicago Tribune Business News
Sep 15, 2020

Chicago Reader to become a nonprofit in bid to stay afloat amid steep ad declines
The Chicago Reader, a free alternative newspaper that publishes every other week, is becoming a nonprofit.

Chicago Tribune Business News
Sep 15, 2020

Some JPMorgan Chase traders catch COVID-19 as bank pushes to reopen offices
A number of JPMorgan Chase traders have been sent home after employees tested positive for COVID-19, less than a week into the bank's push to start bringing its workers physically back into the office.

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