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.
Crain's Chicago Business
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United Airlines has withdrawn its guidance to Wall Street on full-year 2020 revenue and earnings.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.
The feds say Outcome Health founder Rishi Shah has more money than he claims.
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.
Two Chicago nonprofits that offer training and support to local tech firms have struck a deal to create a one-stop shop for them.
A fast-growing construction and design firm is buying almost a full city block near the eastern end of the Fulton Market District.
Amazon’s push to build a massive network of warehouses to store and distribute goods may be moving into Bolingbrook, but the town’s mayor isn’t thrilled about it.