NEWS: CHICAGO TRIBUNE BUSINESS NEWS
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Chicago Tribune Business News
Jul 23, 2024

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

Chicago Tribune Business News
Jul 23, 2024

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

Chicago Tribune Business News
Jul 23, 2024

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

Chicago Tribune Business News
Jul 23, 2024

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

Chicago Tribune Business News
Jul 23, 2024

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

Chicago Tribune Business News
Jul 23, 2024

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

Chicago Tribune Business News
Jul 22, 2024

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

Chicago Tribune Business News
Jul 22, 2024

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

Chicago Tribune Business News
Jul 22, 2024

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

Chicago Tribune Business News
Jul 22, 2024

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

Chicago Tribune Business News
Jul 22, 2024

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

Chicago Tribune Business News
Jul 21, 2024

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

Chicago Tribune Business News
Jul 21, 2024

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

Chicago Tribune Business News
Jul 20, 2024

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

Chicago Tribune Business News
Jul 20, 2024

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

Chicago Tribune Business News
Jul 19, 2024

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

Chicago Tribune Business News
Jul 19, 2024

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

Chicago Tribune Business News
Jul 19, 2024

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

Chicago Tribune Business News
Jul 19, 2024

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

Chicago Tribune Business News
Jul 19, 2024

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

Chicago Tribune Business News
Jul 19, 2024

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

Chicago Tribune Business News
Jul 19, 2024

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

Chicago Tribune Business News
Jul 19, 2024

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

Chicago Tribune Business News
Jul 19, 2024

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

Chicago Tribune Business News
Jul 19, 2024

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

Chicago Tribune Business News
Jul 19, 2024

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

Chicago Tribune Business News
Jul 18, 2024

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

Chicago Tribune Business News
Jul 18, 2024

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

Chicago Tribune Business News
Jul 18, 2024

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

Chicago Tribune Business News
Jul 18, 2024

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

Chicago Tribune Business News
Jul 18, 2024

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

Chicago Tribune Business News
Jul 18, 2024

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

Chicago Tribune Business News
Jul 18, 2024

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

Chicago Tribune Business News
Jul 18, 2024

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

Chicago Tribune Business News
Jul 17, 2024

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

Chicago Tribune Business News
Jul 17, 2024

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

Chicago Tribune Business News
Jul 17, 2024

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

Chicago Tribune Business News
Jul 16, 2024

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

Chicago Tribune Business News
Jul 16, 2024

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

Chicago Tribune Business News
Jul 16, 2024

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

Chicago Tribune Business News
Jul 16, 2024

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

Chicago Tribune Business News
Jul 16, 2024

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

Chicago Tribune Business News
Jul 16, 2024

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

Chicago Tribune Business News
Jul 16, 2024

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

Chicago Tribune Business News
Jul 16, 2024

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

Chicago Tribune Business News
Jul 16, 2024

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

Chicago Tribune Business News
Jul 16, 2024

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

Chicago Tribune Business News
Jul 15, 2024

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

Chicago Tribune Business News
Jul 15, 2024

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

Chicago Tribune Business News
Jul 15, 2024

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

Chicago Tribune Business News
Jul 15, 2024

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

Chicago Tribune Business News
Jul 13, 2024

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

Chicago Tribune Business News
Jul 12, 2024

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

Chicago Tribune Business News
Jul 12, 2024

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

Chicago Tribune Business News
Jul 12, 2024

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

Chicago Tribune Business News
Jul 12, 2024

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

Chicago Tribune Business News
Jul 12, 2024

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

Chicago Tribune Business News
Jul 12, 2024

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

Chicago Tribune Business News
Jul 12, 2024

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

Chicago Tribune Business News
Jul 12, 2024

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

Chicago Tribune Business News
Jul 12, 2024

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

Chicago Tribune Business News
Jul 12, 2024

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

Chicago Tribune Business News
Jul 11, 2024

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

Chicago Tribune Business News
Jul 11, 2024

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

Chicago Tribune Business News
Jul 11, 2024

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

Chicago Tribune Business News
Jul 11, 2024

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

Chicago Tribune Business News
Jul 11, 2024

Redbox owner to be liquidated following alleged mismanagement
The bankrupt owner of Redbox Entertainment Inc. will be liquidated, a judge ruled Wednesday, after lawyers for the company and lenders accused its former chief executive officer of mismanaging the business and failing to pay workers or fund their health benefits.

Chicago Tribune Business News
Jul 11, 2024

Lakeview 4-bedroom Greystone with fountain: $3.5M
Address: 456 W. Barry St., Chicago Price: $3,475,000 This four-bedroom, 4 ½-bathroom Greystone is a smart home with motorized shades, Lutron lighting, custom built-in cabinets and a hand-carved limestone fireplace. The kitchen has a Wolf six-burner stove with a griddle and double oven range, a Sub-Zero refrigerator, two Fisher and Paykel dishwasher drawers and a […]

Chicago Tribune Business News
Jul 11, 2024

Metra service to O'Hare is about to get much better — for the DNC, at least
Metra will run shuttle trains to O'Hare as the DNC brings dignitaries, politicians and other visitors to Chicago.

Chicago Tribune Business News
Jul 10, 2024

Motormouth: Where is the turn signal?
Q: I've noticed recently that many newer model cars have the rear turning signals and taillights much lower, along the rear bumper line.

Chicago Tribune Business News
Jul 10, 2024

Camelina is the crop of jet fuels and cleaner waters. But will farmers grow it?
The potential miracle crop might power tomorrow's jet engines and clean up waterways in the karst-rich hill country of the Upper Midwest. But before the sustainable possibilities can flourish, farmers need to know if the muscular, intermediate oilseed can actually grow during the region's notoriously cold winters and mild springs.

Chicago Tribune Business News
Jul 10, 2024

Oak Lawn revokes business license of children's party place, citing adult parties with alcohol, marijuana
Oak Lawn officials revoked the business license of a children's entertainment venue Tuesday after police reported twice finding adults partying there with alcohol and marijuana late at night. The manager of Jermae & Jerry Play Space, 8752 S. Cicero, said the after-hour adult parties did not happen. But the Oak Lawn Village Board unanimously voted […]

Chicago Tribune Business News
Jul 09, 2024

Student barbers add reversing opioid overdoses to their list of skills
The next generation of barbers, hair stylists are poised to provide information about drug abuse to clients and to administer Narcan.

Chicago Tribune Business News
Jul 09, 2024

NHTSA launches recall query into 94,000 Jeep Wranglers as loss of motive power complaints continue
The U.S. government's auto safety agency is investigating a potential "loss of motive power" in more than 94,000 Jeep Wrangler 4xe vehicles, after receiving complaints for cars outside the scope of an earlier recall involving an engine shutdown condition in the same SUV model.

Chicago Tribune Business News
Jul 09, 2024

University of Illinois Urbana-Champaign taps new business school dean
W. Brooke Elliott's appointment begins August 16 and is subject to approval by the university's board of trustees.

Chicago Tribune Business News
Jul 09, 2024

Kroger identifies 35 Illinois Mariano's, Jewel locations to be sold off pending megamerger approval
If Kroger and Albertsons — which first announced plans to merge in 2022 — secure approval for the deal, the stores would be sold to C&S Wholesale Grocers for $2.9 million.

Chicago Tribune Business News
Jul 09, 2024

Kroger identifies 35 Mariano's, Jewel locations to be sold off pending megamerger approval
Eight of the stores slated for sale are in Chicago.

Chicago Tribune Business News
Jul 09, 2024

NRA's ex-CFO agreed to 10-year not-for-profit ban, still owes $2M for role in lavish spending scheme
The National Rifle Association's former finance czar, Wilson "Woody" Phillips, has been banned for a decade from managing money for any nonprofit company in New York, the state's attorney general said Tuesday.

Chicago Tribune Business News
Jul 09, 2024

La Grange 5-bedroom home with movie theater: $3.6M
Address: 200 S. Stone Ave., La Grange Price: $3,599,000 Listing date: June 19, 2024 This five-bedroom home has four full bathrooms, three half baths, 9.5-foot-high ceilings and oversize Marvin windows. The house has a Lutron home automation system to control temperature, lighting and power shades. The kitchen is equipped with an imported Mugnaini wood-burning pizza […]

Chicago Tribune Business News
Jul 09, 2024

NASCAR Chicago Street Race averages nearly 3.9 million TV viewers, but falls short of last year after two-hour rain delay
Sunday's NASCAR race fell nearly a million viewers short of last year's national television audience.

Chicago Tribune Business News
Jul 08, 2024

Target joins ranks of Aldi, Whole Foods as stores no longer taking checks
The Minneapolis retailer said it will stop accepting personal checks in stores later this month, with the payment method dwindling in popularity through the years as more people use credit and debit cards as well as a growing segment of digital-exchange platforms.

Chicago Tribune Business News
Jul 08, 2024

Column: Personal date night business grew out of COVID-19 lockdowns
Richton Park resident Twanita "Twinkie" Burnett's Purrfect Date Nite in a Box offered during COVID-19 has blossomed into a live event business.

Chicago Tribune Business News
Jul 08, 2024

Downtown Chicago streets begin to open overnight following the NASCAR race. Here's the full schedule.
DuSable Lake Shore Drive and Michigan Avenue will be reopening on Monday and Tuesday after closures due to NASCAR race.

Chicago Tribune Business News
Jul 08, 2024

Boeing to plead guilty to fraud for violating deal over 737 Max crashes
Boeing Co. will plead guilty to criminal conspiracy in connection with two fatal crashes of its 737 Max jetliner.

Chicago Tribune Business News
Jul 08, 2024

Former Chicago Bears quarterback Justin Fields lists 6-bedroom Lake Forest home for $2.1M
Former Chicago Bears star quarterback Justin Fields on Sunday, July 7 listed his six-bedroom, 5,876-square-foot house in Lake Forest for $2.1 million.   Fields, 25, was the Bears' first-round draft pick in the 2021 NFL draft, and before the end of that year was their starting play-caller. The Bears decided to go in a different direction after posting a 7-10 record in the 2023 season and after holding the top overall pick in the 2024 NFL draft, and the team traded Fields to the Pittsburgh Steelers in March.   Through an opaque land trust that shields his identity, Fields paid $1.325 […]

Chicago Tribune Business News
Jul 07, 2024

‘Maybe we'll get a dry one next year.' Rain spoils the NASCAR Chicago Street Race again.
After intermittent downpours, most seats were empty when Alex Bowman's purple Chevrolet crossed the finish line with no car close behind him.

Chicago Tribune Business News
Jul 07, 2024

Scammers are swiping billions from Americans every year. Worse, most crooks are getting away with it
Sophisticated overseas criminals are stealing tens of billions of dollars from Americans every year, a crime wave projected to get worse as the U.S. population ages and technology like AI makes it easier than ever to perpetrate fraud and get away with it.

Chicago Tribune Business News
Jul 07, 2024

A migrant family felt ‘blessed' to be picked for a state rental program. They were given units that seemed unlivable — with a difficult choice.
Over an 18-month span through June, the state would pay more than $50 million to cover the rent of more than 6,000 families and, in the end, ask dozens of landlords to pay back more than $620,000 amid complaints that the properties were unlivable.

Chicago Tribune Business News
Jul 07, 2024

A dedicated bus lane on Western Avenue? Nearby aldermen support overhaul plan to make CTA less ‘Loop-centric.'
A push to install the city's first extended bus rapid transit lanes is well underway. Supporters hope a lane on either side of the busy 27-mile street will be carved out exclusively for faster bus travel.

Chicago Tribune Business News
Jul 06, 2024

Shane van Gisbergen is back in Chicago after his career-altering NASCAR Cup Series win a year ago
Shane van Gisbergen prefers the countryside to a big city, so Chicago isn't exactly his type of place. Except for the Windy City streets. He likes those a lot.

Chicago Tribune Business News
Jul 05, 2024

Comfortable temperatures, slight chance of rain expected for NASCAR Chicago Street Race
Sunny conditions with temperatures hovering in the 70s are expected this weekend in Chicago, according to the National Weather Service.

Chicago Tribune Business News
Jul 05, 2024

As Chicago's NASCAR race returns, changes abound, but critics wave yellow flag
Race organizers have tried to make changes aimed at ameliorating pushback from Loop residents who decried its disruptions, but that doesn't mean NASCAR is now universally welcomed to the lakefront.

Chicago Tribune Business News
Jul 05, 2024

Longtime Chicago broadcaster Jeanne Sparrow sells Logan Square condo for $483,600
"It was the first place I ever bought," Sparrow told Elite Street. "You buy a place, and you make it your home."

Chicago Tribune Business News
Jul 05, 2024

Photos: Scenes from 2024 NASCAR Chicago Street Race
Photos from the NASCAR Chicago Street Race on July 6-7 around the city.

Chicago Tribune Business News
Jul 05, 2024

Is air travel getting worse? Rising passenger complaints seem to indicate so.
Air travel got more miserable last year, if the number of consumer complaints filed with the U.S. government is any measure.

Chicago Tribune Business News
Jul 05, 2024

Chicago Bears' stadium plan likely to retain support after new mayor takes over in Arlington Heights
The village will have a new mayor in 2025, and the expected top contenders have been positive about the project.

Chicago Tribune Business News
Jul 05, 2024

Permanent Waukegan casino plans remain on hold as court challenges continue
With the Potawatomi challenging the city and the Illinois Gaming Board on the issuance of the Waukegan casino license, Alex Stolyar, Full House's senior vice president and chief development officer, said Friday the company is forced to wait.

Chicago Tribune Business News
Jul 05, 2024

US employers added a solid 206,000 jobs in June in a sign of continued economic strength
America's employers delivered another healthy month of hiring in June, adding 206,000 jobs.

Chicago Tribune Business News
Jul 05, 2024

West Loop 2-bedroom condo with floor-to-ceiling windows: $1.1M
This corner-unit, two-bedroom condo in the Fulton River District in the West Loop is one of the larger units in the building.

Chicago Tribune Business News
Jul 05, 2024

Employers challenged to understand, address stigma faced by formerly incarcerated job-seekers
By stepping into the shoes of those with a conviction in their background, businesses see the need for fair chance hiring and retention.

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