For almost 50 years, 20th Century TV and Stereo has repaired stereos, tape decks, VCRs and more. But the mom-and-pop shop is fighting to remain relevant as technology continues to evolve.
A bankruptcy judge has blessed a $5.2 billion plan by Sears chairman and biggest shareholder Eddie Lampert to keep the iconic business going. The approval means roughly 425 stores and 45,000 jobs will be preserved.
There’s a new restaurant trend emerging across the U.S.: a surcharge that’s added to customers’ checks. The owners of one local restaurant say it’s the best way to help their workers. Here’s a taste of how it works.
The world’s biggest hamburger chain said sales rose 4.4 percent at established locations in the fourth quarter and 4.5 percent for the year.
Caterpillar fell well short of fourth-quarter profit expectations and the machine maker said that sales have begun to slow in China. Shares tumbled 10 percent at the opening bell Monday, the worst sell-off in more than seven years.
Federal workers are feeling the effects of the government shutdown, but what about everyone else? Local economists weigh in on that and the economic forecast for 2019.
George Preston will take over as vice president and general manager of WFMT starting March 1. WWCI President and CEO Sandra Cordova Micek says Preston is “uniquely qualified” for the position.
A group of Sears creditors are challenging Chairman Eddie Lampert’s hedge fund’s winning $5.2 billion bid to buy the business in a bankruptcy auction and wants to air their grievances in court.
Eddie Lampert, the hedge fund owner who steered Sears into Chapter 11 bankruptcy protection in October, is aiming to keep open roughly 400 stores and preserve tens of thousands of jobs.
For most of us, the idea of taking as many paid vacation days as we want sounds like a dream. But reviews of unlimited PTO from the rank and file are not all raves.
Mondelez says it signed a 15-year lease on a five-story office building under construction in the Fulton Market neighborhood that it expects to occupy in 2020.
Tech stocks led the dive Thursday on Wall Street after Apple reported a slowdown on iPhone sales in China. Economist Diane Swonk weighs in.
An Australian commodities trader has pleaded guilty to manipulating market prices by placing orders in the millions of dollars on the Chicago Mercantile Exchange, then canceling them within milliseconds so that he could sell smaller orders at a profit.
After more than four decades, a beloved Rogers Park restaurant is shutting down – possibly for good – at the end of the year.