Business
With air travel down about 70% from last year, many carriers including United and American say they’ll be forced to cut jobs without additional aid. Delta and Southwest, two other big carriers, tapped private capital markets and say they’ll avoid layoffs.
Boeing announces layoffs, United announces pay cuts and a Lincoln Park apartment sells for a high price. Crain’s Chicago Business Editor Ann Dwyer joins us with the stories behind the headlines.
Chicago bars will once again be able serve customers indoors starting Thursday, as Mayor Lori Lightfoot moved to lift restrictions after a drop in the number of confirmed cases of the coronavirus.
Little Village on Chicago’s Southwest Side is known for its rich Mexican culture. But some residents and business owners fear a neighborhood staple could be in danger.
Commonwealth Edison announced Tuesday it will not shut off electricity in homes amid the coronavirus and recession — quickly meeting a key condition set by Mayor Lori Lightfoot if the utility giant is to extend its city contract.
The city’s guidelines for 2020’s unprecedented outdoor fall-to-winter dining season allow for several types of heaters, but fire pits aren’t one of them.
Could the pandemic affect the Old Post Office’s leases with high-profile tenants? Crain’s Chicago Business reporter Danny Ecker joins us with the stories behind the headlines.
The Federal Reserve said Monday that Americans’ household net worth jumped nearly 7% in the April-June quarter to $119 trillion. That figure had sunk to $111.3 trillion in the first quarter, when the coronavirus battered the economy.
Rendel Solomon tells us about his nonprofit initiative One Stock One Future, which aims to turn one million youth into public company shareholders via workshops and donated funds.
President Donald Trump said Saturday he’s given his “blessing” to a proposed deal that would see the popular video-sharing app TikTok partner with Oracle and Walmart and form a U.S. company.
Calling out “free books” to passersby, organizers of a book giveaway on the Far South Side distributed more than 1,200 books while garnering support for a larger project they hope will spark a transformation of the neighborhood.
The U.S. Commerce Department said Friday it will ban Chinese-owned TikTok and WeChat from U.S. app stores on Sunday and will bar the apps from accessing essential internet services in the U.S.
How one of Chicago’s Far Southwest Side neighborhoods is coping with the coronavirus.
For more than 50 years, a family business in West Garfield Park has persevered in good times and bad. They run a record shop that sells music in many formats – and pretty much anything else that will sell.
Before the pandemic hit the economy, the number signing up for jobless aid had never exceeded 700,000 in a week, even during the depths of the 2007-2009 Great Recession. Now they've topped 700,000 for 26 straight weeks.
How some Gage Park residents are giving back to their community during the pandemic.