Business
Bill Daley has left Bank of New York Mellon after less than six months as vice chairman. He started there following his loss in Chicago’s mayoral election earlier this year.
Amid fierce fast-food competition, McDonald’s home market lost momentum in the latest quarter. Bloomberg reports that same-store sales rose 5.9% globally, but the Chicago-based fast food giant is struggling to attract customers in the U.S.
The hulking Old Post Office building that lay empty for the best part of two decades – and that many feared might never be redeveloped – will soon reopen. Chicago Tribune architecture critic Blair Kamin weighs in on the landmark.
The Ford plant on the city’s Far South Side has been causing some big headaches for the automaker, which is expected to report lower profits this week in a third quarter earnings report.
The flavors affected by Thursday’s announcement — mango, crème, fruit and cucumber — account for less than 10% of Juul’s sales. The flavors had only been sold through Juul’s website, after the company pulled them from stores last November.
A Northwestern researcher known for developing wearable technology has received a $10 million federal grant to create a potentially life-saving implantable device for people with opioid use disorder.
Former Exelon CEO Anne Pramaggiore is in line for $7.7 million in benefits after her abrupt resignation Tuesday amid a federal investigation of the company’s Springfield lobbying practices.
Mayor Lori Lightfoot is floating a new plan to make the Chicago casino a property owned jointly by the city and the state. But the idea is getting a cool reception in Springfield.
A report from the Active Transportation Alliance says Chicago should develop a long-term e-scooter program across the entire city.
Boeing announced that it has stripped CEO Dennis Muilenburg of his title as chairman of the board, a move the company says will allow him to focus more on fixing its troubled 737 Max jets.
Commonwealth Edison and its parent Exelon have received a grand jury subpoena requiring records of communications with state Sen. Martin Sandoval, among others.
The no-kill animal shelter will expand services that have reached 13,000 pets and 6,600 families in Englewood since 2014 as it strives to be an “animal welfare anchor in a community where there are no other pet resources.”
American Airlines is pushing back the expected return of its Boeing 737 Max jets into next year. The airline says it expects to slowly bring the plane back into its schedule starting Jan. 16.
Caterpillar stock sagged toward a one-month low Tuesday. Concern over slowing global economies drove the bellwether industrial stock downward.
A debate in Chicago over horse-drawn carriages has raged between animal activists and industry professionals for years. We hear both sides of the debate.
The General Motors strike now entering its fourth week is rippling across the economy, from parts suppliers to bars, restaurants and other businesses that serve employees who now find themselves tight on cash.