A bank franchise reassesses one of its locations on Chicago’s Far South Side. That story and more with Crain’s Chicago Business Editor Ann Dwyer.
United Airlines is already reeling from the coronavirus impact on travel to Asia. It’s getting another abrupt shock Thursday from President Donald Trump’s decision to suspend travel from Europe.
United Airlines is warning that the coronavirus shock could rival the financial fallout from 9/11.
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.
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.
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.
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.
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.
Chicago real estate developer Sterling Bay is looking to cash out on the fast-food giant’s headquarters.
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.
United Airlines has withdrawn its guidance to Wall Street on full-year 2020 revenue and earnings.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.
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.
Traffic at Midway Airport dropped last year to its lowest level in two decades—and the decline is likely to continue as long as the Boeing 737 Max is grounded.
No departure date has yet been set for Stuart Strahl, who announced to his board of trustees that he is heading for the exit after 17 years at the helm.
The Chicago-based airline says it’s purchasing Westwind School of Aeronautics in Phoenix to tackle a talent pipeline problem that it will face for at least a decade.
Not a single home in the Chicago area sold for $4 million or more in January. It’s another piece of evidence that the top of the residential real estate market has sagged dramatically.