Chicago Tribune: Business

Chicago is close to assuming control of abandoned railroad tracks that run through Goose Island, a key step toward creating a public transit route along the Chicago River on the city’s North Side.More | Talk | Read It Later | Share

Walgreens is joining rival drugstore chain CVS Health in expanding home deliveries for prescriptions nationwide, as stores continue adjusting to a retail world made more consumer-friendly by online competition. Walgreens said Thursday it will partner with FedEx to deliver prescriptions as soon...

Revised internal forecasts show that Sears Holdings Corp. will bleed hundreds of millions of dollars more than it expected over the coming weeks, casting new doubt on whether the bankrupt retailer can avoid liquidation.More | Talk | Read It Later | Share

After quickly issuing an apology, American Airlines is disputing reports that a 67-year-old passenger in a wheelchair was left unattended at Chicago’s O’Hare International Airport for hours when a flight late Friday evening was canceled.More | Talk | Read It Later | Share

Nexstar Media Group has agreed to buy Tribune Media for about $4.1 billion, creating the largest owner of local TV stations in the U.S. Nexstar is acquiring WGN owner Tribune Media with an all-cash offer that values the Chicago-based company at $46.50 a share, the two said in a statement Monday....

Divorcing couples may not agree on much, but this holiday season, many are working with a common goal: untie the knot before the new year to take advantage of the disappearing federal tax deduction for alimony payments.More | Talk | Read It Later | Share

In Oak Park, home to the world’s finest collection of Frank Lloyd Wright buildings, a fascinating clash of public policy agendas is taking shape, and the outcome is sure to affect Wright’s masterful Unity Temple.More | Talk | Read It Later | Share

A group of independent music venues in Chicago has banded together to ask the city to slow down the planned Lincoln Yards development and its proposed “three to five” new concert halls run by the Live Nation conglomerate.More | Talk | Read It Later | Share

Amazon is seeking a liquor license at the address of a cashierless grab-and-go store expected to open in the Illinois Center next year. Amazon submitted the request for a liquor license earlier this month, according to a city website.More | Talk | Read It Later | Share

Cyrus Capital Partners and a hedge fund run by Sears Holdings Corp. Chairman Edward Lampert are preparing a potential joint takeover bid that would keep the bankrupt chain alive, according to people with knowledge of the matter.More | Talk | Read It Later | Share