Business
The last 14 months have been incredibly difficult for Chicago’s usually booming hospitality industry. Though many hotels are still grappling with lower occupancy rates and many employees are still laid off, a recent uptick in travel means things are starting to look up.
The proposal brought an immediate backlash not just from those who enjoy an impromptu late-night tipple, but business owners who said the rules would push sales outside the city — and give bars and restaurants an unfair advantage over stores.
Exxon Mobil’s shareholders have voted to replace at least two of the company’s 12 board members with directors who are seen as better suited to fight climate change, bolster Exxon’s finances and guide it through a transition to cleaner energy.
Mayor Lori Lightfoot included the cap on fees as part of larger package designed to help Chicago businesses recover from the COVID-19 pandemic “quickly and holistically.”
ExxonMobil is facing a major challenge from a group of investors in one of the biggest fights a corporate boardroom has endured over its stance on climate change, an issue of rising urgency for many shareholders.
The Chicago-based airline is encouraging frequent fliers to get vaccinated. Crain’s Chicago Business editor Ann Dwyer takes us behind the headline of that story and more.
The Greater Chicago Food Depository, which supplies food pantries across the area, says in its more than 40-year history it has never seen a hunger crisis like the one caused by the COVID-19 pandemic. We discuss the issue as part of WTTW’s Firsthand initiative exploring poverty.
Even by Bitcoin’s standards, last week was pretty wild. The price of the famously volatile digital currency fell nearly 30% at one point after the China Banking Association warned member banks of the risks associated with digital currencies.
Shareholders of Tribune Publishing, one of the country’s largest newspaper chains, approved a $630 million takeover bid by hedge fund Alden Global Capital on Friday, the company said in a brief statement.
The Biden administration is facing new pressure to resolve a mystery that has vexed its predecessors: Is an adversary using a microwave or radio wave weapon to attack the brains of U.S. diplomats, spies and military personnel?
The long-awaited reopening of Chicago’s culinary hot spots should come as welcome news. But for the owners of those restaurants, finding the line cooks and servers they need has proven to be a tall order.
Nearly one-third of federal correctional officer jobs in the United States are vacant, forcing prisons to use cooks, teachers, nurses and other workers to guard inmates.
The White House put forward a $1.7 trillion infrastructure counteroffer Friday to Senate Republicans, dropping from President Joe Biden’s sweeping $2.3 trillion proposal “in the spirit of finding common ground.”
It’s been two years since Chicago got a new mayor when Lori Lightfoot was sworn into office. For the latest in our community reporting series, we visit Lightfoot’s neighborhood on the Northwest Side.
The measure would give the Department of Business Affairs and Consumer Protection the authority to license tow trucks in Chicago in an effort to crack down on the kind of operators immortalized in song by Steve Goodman as “Lincoln Park Pirates.”
As child care centers and schools closed at the height of the pandemic, parents were left balancing work and caretaking responsibilities while also navigating economic uncertainty. But as child care centers reopen, some families appear slow to enroll their children.