The bankrupt estate of Sears Holdings Corporation and the hedge fund division that bought the retailer’s troubled remains out of bankruptcy have been engaged in an ugly fight over the value of certain assets.
Ashik Desai, who was at the center of a fraud scheme at health care advertising firm Outcome Health, pleaded guilty Monday to wire fraud.
There’s a powerful new player watching what you buy so it can tailor product offerings for you: the bank behind your credit or debit card.
United Airlines President Scott Kirby will take the reins in May, capping a turnaround effort at an airline that had become an industry laggard after a rocky merger with Continental Airlines as well as a national PR nightmare.
Illinois-based truck and engine maker Navistar is accused of bilking the Pentagon out of almost $1.5 billion.
BMO Harris Bank is preparing to cut jobs as part of a companywide cost-savings push. Executives with BMO’s Toronto-based parent company announced the new cost cuts Tuesday as they posted the bank’s earnings for its fiscal fourth quarter.
The Chicago-based maker of social media management software announced Monday that it aims to raise $156 million in an initial public offering of stock.
The coming weeks will be the first test of whether they can make that happen during the busy holiday shopping season, when onslaughts of orders and bad weather can lay waste to even the best delivery plans.
This year’s list highlights 30 items that have been recalled over the past year because they pose safety hazards to children, including two infant sleepers linked to more than 30 deaths.
The charity’s leaders hope adding Apple and Google payment options will boost giving to the red kettle campaign, which makes up 10% of its annual fundraising. Those donations fund programs providing housing, food and other support to people in poverty.
The Federal Aviation Administration said it told Boeing on Tuesday that the agency will retain all authority to issue safety certificates for newly manufactured Max planes.
According to the S&P CoreLogic Case-Shiller index, single-family home values in the region grew by 0.6%, compared with the same period last year.
The deal will reshape the retail brokerage business and also make TD Ameritrade founder and Cubs owner Joe Ricketts that much richer.
A Nerf dart gun, ice cream-scented Nickelodeon slime and a plastic Power Rangers claw are among the toys topping a consumer safety group’s list of worst toys for the holidays.
A group of employees from 13 McDonald’s restaurants in Chicago filed a lawsuit Thursday alleging that the company’s drive for profits puts workers at “daily risk” of physical attack by dangerous customers.
Soft drink giant PepsiCo has officially joined the party at the Old Post Office. The company signed an eight-year lease to move its Chicago office and 1,300 employees late next year to the redeveloped building.