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Crain’s Headlines: United Airlines Warns of Major Financial Hit
United Airlines is warning that the coronavirus shock could rival the financial fallout from 9/11.
Crain’s Headlines: Medical Association Cancels Conference Amid Coronavirus Fears
The American College of Cardiology has called off its upcoming conference at McCormick Place due to coronavirus concerns, adding to a run of cancellations at the Chicago convention center because of the outbreak.
Crain’s Headlines: Furniture Retailer Art Van Shuts Down Operations
Art Van, one of the largest furniture retailers in the Midwest, announced Thursday it will shut down all of its 180 stores, including the two dozen it currently operates in Illinois.
Crain’s Headlines: Coronavirus Outbreak Disrupts Travel Demand
United Airlines aims to trim flights, freeze hiring and halt merit pay raises as it grapples with a swift drop in travel demand because of the coronavirus outbreak.
Crain’s Headlines: Trade Show Canceled Amid Coronavirus Fears
An annual trade show that brings close to 60,000 visitors to McCormick Place each year has canceled its plans to meet in Chicago this month, citing concerns about the spread of the coronavirus.
Primary Election: WTTW News Candidate Forums
Watch “Chicago Tonight” candidate forums for some of the most high-profile primary election races.
Crain’s Headlines: Coronavirus Creates More Turbulence for United Airlines
The impact of the coronavirus on United Airlines is getting more serious. In the wake of a decision to pare the number of flights to Asia, the Chicago-based carrier is offering pilots who normally fly those routes the option of receiving reduced pay while not flying.
Crain’s Headlines: McDonald’s Fulton Market HQ for Sale
Chicago real estate developer Sterling Bay is looking to cash out on the fast-food giant’s headquarters.
Crain’s Headlines: Firms Seek Investor for West Loop Skyscraper
The Chicago firms that built a prominent West Loop skyscraper three years ago are shopping for a new investor to recapitalize the property or even buy it.
Crain’s Headlines: United Pulls Profit Forecast, Citing Coronavirus Uncertainty
United Airlines has withdrawn its guidance to Wall Street on full-year 2020 revenue and earnings. The Chicago-based airline cited heightened uncertainty over duration and spread of the coronavirus and its potential effect on overall air travel demand.
Crain’s Headlines: Dow Plunges 1,000 Points Amid Coronavirus Fears
The Dow Jones Industrial Average closed down more than 1,000 points Monday — the worst one-day performance in two years for the blue-chip index, as fears increased over the global economic shock of coronavirus.
Crain’s Headlines: Feds Don’t Buy Outcome Health Founder’s Claim
The feds say Outcome Health founder Rishi Shah has more money than he claims.
Crain’s Headlines: Potential Safety Hazard Another Embarrassment for Boeing
Boeing is inspecting more than 400 stored 737 Max jets after discovering tools, rags and other debris left in the fuel tanks of newly built planes.
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