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(WTTW News)

Plans are afoot to consolidate financially struggling hospitals that serve Chicago’s poorest residents on the South Side.

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In this April 10, 2019, file photo a Boeing 737 MAX 8 airplane being built for India-based Jet Airways lands following a test flight at Boeing Field in Seattle. (AP Photo / Ted S. Warren, File)

Federal aviation regulators won’t clear Boeing’s troubled 737 Max airplanes for flight until sometime in 2020. That’s according to an interview that Federal Aviation Administration chief Steve Dickson gave to CNBC on Wednesday.

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(WTTW News)

The bankrupt estate of Sears Holdings Corporation and the hedge fund division that bought the retailer’s troubled remains out of bankruptcy have been engaged in an ugly fight over the value of certain assets.

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Ashik Desai, who was at the center of a fraud scheme at health care advertising firm Outcome Health, pleaded guilty Monday to wire fraud.

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In this May 2, 2017 file photo, United Airlines CEO Oscar Munoz prepares to testify on Capitol Hill in Washington, before a House Transportation Committee oversight hearing. (Pablo Martinez Monsivais / AP File Photo)

United Airlines President Scott Kirby will take the reins in May, capping a turnaround effort at an airline that had become an industry laggard after a rocky merger with Continental Airlines as well as a national PR nightmare.

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U.S. Army Soldiers with the Field Artillery Squadron, 2nd Cavalry Regiment, get ready to start a convoy during drivers training with mine resistant ambush protected vehicles March 6, 2013, at Hohenfels, Germany. (U.S. Army Photo by Spc. Joshua Edwards / Released)

Illinois-based truck and engine maker Navistar is accused of bilking the Pentagon out of almost $1.5 billion. 

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(Ins Cervantes / Wikimedia Commons)

BMO Harris Bank is preparing to cut jobs as part of a companywide cost-savings push. Executives with BMO’s Toronto-based parent company announced the new cost cuts Tuesday as they posted the bank’s earnings for its fiscal fourth quarter. 

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A still image from a Sprout Social video campaign. (Sprout Social YouTube)

The Chicago-based maker of social media management software announced Monday that it aims to raise $156 million in an initial public offering of stock.

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(Stephen M. Scott / Flickr)

According to the S&P CoreLogic Case-Shiller index, single-family home values in the region grew by 0.6%, compared with the same period last year.

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(Mike Mozart / Flickr)

The deal will reshape the retail brokerage business and also make TD Ameritrade founder and Cubs owner Joe Ricketts that much richer.

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(sr_verde / Pixabay)

Soft drink giant PepsiCo has officially joined the party at the Old Post Office. The company signed an eight-year lease to move its Chicago office and 1,300 employees late next year to the redeveloped building.

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(Courtesy the Chicago Tribune)

Tribune Publishing stock soared as much as 15% Wednesday after Alden Global, a hedge fund known for making deep cuts to newsrooms, bought out Tribune’s largest stockholder.

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Fashion Fair cosmetics brand (Fashion Fair / Facebook)

A group of familiar faces has bought Fashion Fair out of bankruptcy for nearly $2 million. The iconic cosmetics brand designed for women of color is now owned by two former Johnson Publishing executives and the CEO of Magnetar Capital.

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In this file photo, Mayor Lori Lightfoot speaks to the media following a City Council meeting Wednesday, Sept. 18, 2019. (WTTW News)

We’re still awaiting details on what’s going into Mayor Lori Lightfoot’s 2020 budget, but we know at least one thing that won’t be in it.

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(WTTW News)

The layoffs at the retailer’s Hoffman Estates headquarters and at an office in San Francisco come just a week after Sears announced another wave of store closures 

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An undated photo of Abbott Laboratories CEO Miles White (Abbott / Wikimedia Commons)

During his more than 20 years at the helm of Abbott Laboratories, Miles White transformed the North Chicago-based health-care products maker with a series of acquisitions and spinoffs.

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