Chicago Tribune: Business
- How Trump maneuvered his way out of trouble when his Chicago skyscraper proved a disappointment
Tuesday - 10/27/2020 - 07:51 PMThe president’s tax records, obtained by The New York Times, show how he maneuvered his way out of trouble in Chicago — a case study in doing business the Trump way.
More | Talk | Read It Later | Share - From tech town to candy kingdom: With Foxconn deal on rocks, Pleasant Prairie goes gummy with Haribo
Tuesday - 10/27/2020 - 03:02 PMPart of Wisconsin's challenge with Foxconn stems from a lack of details on what exactly it plans to do. But Wisconsin Economic Development Corp. Secretary Melissa Hughes said Haribo's plans are clear: “They’re making gummy bears all day long."
More | Talk | Read It Later | Share - Court allows FoxFire restaurant in Geneva to stay open for indoor dining despite Gov. Pritzker’s COVID-19 closure order
Tuesday - 10/27/2020 - 04:53 PMA steakhouse in Geneva served meals indoor legally Tuesday, despite COVID closure orders, after a judge ruled the restaurant may stay open for business.
More | Talk | Read It Later | Share - Demand for equipment falls, but Caterpillar has strong 3rd quarter
Tuesday - 10/27/2020 - 11:08 AMDeerfield-based Caterpillar is reporting a third-quarter profit of $668 million and topped most expectations, though demand for its equipment is being driven down by the pandemic.
More | Talk | Read It Later | Share - Tap and go: CTA, Pace launch digital Ventra card for iPhone and Apple Watch riders
Monday - 10/26/2020 - 07:31 PMPhysical Ventra cards used to board CTA trains and buses might take a back seat after the agency and Pace launched a digital tap-and-go fare payment system on Monday.
More | Talk | Read It Later | Share - WeatherTech switches gears to make COVID-19 face shields
Monday - 10/26/2020 - 05:32 PMWeatherTech owner and Trump megadonor David MacNeil is bucking the president with a new product line – plastic face shields to protect against COVID-19.
More | Talk | Read It Later | Share - ct-biz-village-farmstand-photos
Monday - 10/26/2020 - 08:15 AMVillage Farmstand helps farmers sort and package their goods for consumers. It operates an online store selling seasonal produce, pasture-raised meat, dairy and other good from regenerative farms and a pickup location in Evanston.More | Talk | Read It Later | Share
- Owner of Jimmy John’s and Sonic reportedly in talks to buy Dunkin’ Donuts and Baskin Robbins
Monday - 10/26/2020 - 09:03 AMInspire Brands, which already owns Arby’s, Buffalo Wild Wings, Sonic and Jimmy John’s, could buy Dunkin' Brands for nearly $9 billion, according to The New York Times.
More | Talk | Read It Later | Share - Feel like your property taxes are climbing higher than your other bills? New 20-year study shows you’re right.
Monday - 10/26/2020 - 06:00 AMIn the past 20 years, the total annual amount of property taxes billed by local governments in Cook County increased at nearly three times the rate of inflation, according to a new study out of the county treasurer’s office.
More | Talk | Read It Later | Share - Walmart sues US goverment in pre-emptive strike over opioid crisis
Friday - 10/23/2020 - 02:22 PMWalmart filed a lawsuit saying that the Justice Department and the Drug Enforcement Administration are blaming the company for the government’s own lack of regulatory and enforcement policies to stem the crisis.
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- American Airlines plans to offer tours of Boeing 737 Max in some cities, once jet cleared to fly
Tuesday - 10/27/2020 - 02:36 PMAirline executives said pilots and mechanics would be participating in phone calls, videos and on-the-ground tours to help customers feel safer about the Boeing 737 Max. Passengers booked on 737 Max flights will be notified so they can change plans if desired.
More | Talk | Read It Later | Share - Consumer confidence dips as COVID-19 spreads in US
Tuesday - 10/27/2020 - 03:54 PMU.S. consumer confidence dipped slightly in October as a new wave of coronavirus cases appeared across the country, a worry as the nation heads into the crucial holiday shopping season.
More | Talk | Read It Later | Share - Developer reveals plan for land alongside Moody Bible Institute: More than 2,600 apartments, condos and town homes
Tuesday - 10/27/2020 - 09:06 AMA Chicago developer wants to build 2,680 residential units on the Near North Side, one of the most ambitious proposals in the city in decades. JDL Development’s plan is for 8.1 acres the firm has a deal to buy from Moody Bible Institute.
More | Talk | Read It Later | Share - Pfizer says it’s making progress on COVID-19 vaccine, even as its profits are hurt by pandemic
Tuesday - 10/27/2020 - 11:31 AMPfizer, one of the leaders in the race to develop a vaccine against COVID-19, said the final-stage trial of its vaccine candidate has now enrolled nearly all of the planned 44,000 participants worldwide.More | Talk | Read It Later | Share
- Column: Opening of Navy Pier hotel is postponed, the latest blow to city’s reeling hotel market
Monday - 10/26/2020 - 03:08 PMThe opening of a Navy Pier hotel, which was to make its debut Sunday, has been delayed until March and the pier's closure, which originally was to last until April, could be extended.
More | Talk | Read It Later | Share - WeatherTech, maker of car floor mats, switches gears to make COVID-19 face shields
Monday - 10/26/2020 - 05:38 PMWeatherTech owner and Trump megadonor David MacNeil is pushing a new product line — plastic face shields to protect against COVID-19.
More | Talk | Read It Later | Share - New fresh food and meal delivery service
Monday - 10/26/2020 - 08:41 AMFresh Midwest is a company launched by the family that owns Midwest Foods and Edible Cuts. They home-deliver fresh meat, produce and snacks prepared in-house, and meals and meal kits developed in partnership with restaurants.
More | Talk | Read It Later | Share - Largest IPO in history: Alibaba-affiliated Ant Group seeks to raise $35 billion
Monday - 10/26/2020 - 09:19 AMChina’s Ant Group, which operates the Alipay digital wallet in China, will try to raise nearly $35 billion in its initial public offering in Shanghai and Hong Kong, which would make it the largest share offering in history.
More | Talk | Read It Later | Share - Second stimulus check updates: Pelosi, Mnuchin trade blame as likelihood for COVID-19 relief package is ‘very, very slim’
Saturday - 10/24/2020 - 04:06 PMSpeaker Nancy Pelosi and the White House traded blame for the latest stall in negotiations on a new coronavirus stimulus.
More | Talk | Read It Later | Share - Chicago-area grocers stock up to ward off shortages as COVID-19 cases rise. ‘We’re always chasing one thing to the next.’
Friday - 10/23/2020 - 03:01 PMAfter shelves were emptied of goods like toilet paper, canned food and hand sanitizer at the start of the pandemic, Chicago-area grocery stores and suppliers are stocking up to avert shortages as coronavirus cases surge in Illinois.
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- Chicago-based maker of Jim Beam agrees to pay $19.6 million in foreign bribery case
Tuesday - 10/27/2020 - 08:09 PMThe Chicago-based maker of Jim Beam has agreed to pay about $19.6 million to settle federal criminal charges alleging it paid bribes to Indian government officials to do business in the country and falsified its books and records
More | Talk | Read It Later | Share - Nielsen hit with discrimination lawsuit from Black executive in Chicago
Tuesday - 10/27/2020 - 03:59 PMA longtime Nielsen Holdings executive tasked with improving the company’s outreach to Black consumers has filed a civil rights lawsuit alleging the market research firm discriminated against her.
More | Talk | Read It Later | Share - Development alongside Moody Bible Institute
Tuesday - 10/27/2020 - 09:03 AMJDL Development wants to build 2,680 residential units on 8.1 acres of Near North Side the firm has a deal to buy from Moody Bible Institute.
More | Talk | Read It Later | Share - McDonald’s asks judge to toss out racial discrimination suit filed by Black former franchisees, calling it ‘illogical’
Monday - 10/26/2020 - 07:10 PMMcDonald’s is asking a judge to dismiss a federal lawsuit filed by more than 50 Black former franchisees who allege that racial discrimination by the fast food giant set them up to fail.
More | Talk | Read It Later | Share - ‘Blindsided and heartbroken.’ Mood of restaurant, bar owners dismal as COVID rules are rolled back in suburban Cook
Monday - 10/26/2020 - 09:37 PMSuburban Cook County will soon join other communities living under stricter measures intended to slow the latest COVID-19 surge, Gov. J.B. Pritzker announced Monday, much to the dismay of bar and restaurant owners who have already endured a dismal year.
More | Talk | Read It Later | Share - Column: A pile of stacked boxes at the University of Chicago — exhibitionism or architecture?
Monday - 10/26/2020 - 07:00 AMThe new David Rubenstein Forum at the University of Chicago looks nothing like the picturesque Collegiate Gothic buildings at the University of Chicago. Are its stacked boxes exhibitionism or true architecture?
More | Talk | Read It Later | Share - Farm-fresh produce delivered to your door? Because of COVID-19, a growing number of services are offering just that.
Monday - 10/26/2020 - 08:32 AMThe pandemic-driven decline in dining out has had a silver lining for home cooks: The high-quality produce and meats typically destined for restaurants are finding their way to people’s kitchen tables.More | Talk | Read It Later | Share
- Boeing, other arms suppliers face Chinese sanctions for Taiwan sales
Monday - 10/26/2020 - 11:13 AMChina’s government said it will impose sanctions on U.S. military contractors including Boeing Co.'s defense unit and Lockheed Martin Corp. for supplying weapons to rival Taiwan, stepping up a feud with Washington.
More | Talk | Read It Later | Share - Who is Ken Griffin? And how does he spend all that money?
Saturday - 10/24/2020 - 09:50 PMKen Griffin is founder and CEO of the hedge fund Citadel. He has been known as the richest person in Illinois since 2013.
More | Talk | Read It Later | Share - 220 Gap stores, 130 Banana Republic stores to close by 2024 as retailer flees malls
Friday - 10/23/2020 - 08:55 AMGap Inc. plans to close 30% of the company’s Gap and Banana Republic stores in North America and focus on outlets and e-commerce business.
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