Chicago Tribune: Business
- Trump Tower condo owners stand to receive $222,000 property tax refund from Chicago Public Schools
Tuesday - 01/25/2022 - 08:07 PMOwners in the luxury building banded together to appeal their tax assessments.
More | Talk | Read It Later | Share - Fed plans to raise rates as soon as March to cool inflation
Wednesday - 01/26/2022 - 02:13 PMThe Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in cooling escalating inflation.
More | Talk | Read It Later | Share - City Council approves 30-acre mixed-use development in Little Village that will include new Saint Anthony Hospital
Wednesday - 01/26/2022 - 06:41 PMThe $700 million development will be called the Focal Point Community Campus
More | Talk | Read It Later | Share - Burritos, inflation and privilege: As food costs rise in Chicago, a social media uproar highlights who really bears the brunt
Tuesday - 01/25/2022 - 10:54 AMFor a brief moment over the weekend, west suburban Hinsdale became the center of a viral moment involving inflation, burritos, wealth and privilege.
More | Talk | Read It Later | Share - Fed to signal rate hike as it launches risky inflation fight
Tuesday - 01/25/2022 - 09:28 AMWith inflation punishing consumers and threatening the economy, the Federal Reserve this week will likely signal its intent to begin raising interest rates in March for the first time in three years.
More | Talk | Read It Later | Share - CTA tracks will be demolished and rebuilt on North Side as the next phase of the Red-Purple Line project begins
Monday - 01/24/2022 - 03:55 PMDemolition is expected to begin around Feb. 8 between Newport Avenue and Roscoe Street
More | Talk | Read It Later | Share - Stocks slide at open on Wall Street; S&P 500 at 6-month low
Monday - 01/24/2022 - 10:36 AMStocks are sliding at the open on Wall Street Monday, extending a recent run of losses that have left the S&P; 500 at 6-month lows.
More | Talk | Read It Later | Share - Stocks extend losses for third week; Netflix plunges
Friday - 01/21/2022 - 04:22 PMStocks fell in morning trading on Wall Street Friday as every major index heads for another weekly loss amid rising inflation and an expected increase in interest rates. Streaming video service Netflix plunged 24.5% after it delivered another quarter of disappointing subscriber growth.
More | Talk | Read It Later | Share - Path cleared for 2023 Waukegan cannabis dispensary opening; spending sales tax revenue on ‘racial inequalities’ remains at issue
Wednesday - 01/19/2022 - 06:10 PMThe City Council voted 8-1 during a virtual meeting Tuesday to approve a conditional use permit for World of Weed, Inc., to operate its dispensary on Waukegan Road near the Fountain Square shopping center, giving the business what it needs to begin readying its building.
More | Talk | Read It Later | Share - Chicago’s top doctor ‘hopeful’ COVID-19 vaccine mandate for restaurants and public venues will end by spring
Thursday - 01/20/2022 - 03:14 PMChicago’s indoor vaccination requirement will be lifted once the COVID-19 spread declines substantially, the city’s top health official said.
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- Boeing posts $4 billion loss tied to problems with 787 jet
Wednesday - 01/26/2022 - 11:51 AMBoeing reported a $4.16 billion loss for the fourth quarter as the financial fallout of production flaws in the 787 Dreamliner grew much worse.
More | Talk | Read It Later | Share - Abbott sold $2.1 billion worth of rapid COVID-19 tests in the last three months of 2021
Wednesday - 01/26/2022 - 03:03 PMAbbott has distributed more than 1.4 billion COVID-19 tests globally since the pandemic began
More | Talk | Read It Later | Share - Renters facing eviction could receive free legal aid under new $8 million city initiative
Tuesday - 01/25/2022 - 06:00 AM“The stakes are so high,” one housing advocate said. “The consequences of eviction can linger for so long."
More | Talk | Read It Later | Share - Stocks end lower on Wall Street after another volatile day
Tuesday - 01/25/2022 - 05:55 PMAnother volatile bout of trading on Wall Street ended with a broad pullback for stocks Tuesday, as investors grapple with economic red flags.
More | Talk | Read It Later | Share - Retired WBBM-Ch. 2 reporter Derrick Blakley sells Evanston town home for $670,000
Monday - 01/24/2022 - 11:05 AMBlakley first listed the townhome in April
More | Talk | Read It Later | Share - J. Christopher Reyes, co-chairman of Reyes Holdings, revealed as the buyer of the $36M Driehaus mansion in Lake Geneva
Monday - 01/24/2022 - 09:14 AMReyes is co-chairman of privately held Rosemont-based beer and food distribution firm Reyes Holdings
More | Talk | Read It Later | Share - Mars gives M&M’s a makeover to promote inclusivity
Friday - 01/21/2022 - 11:25 AMThe company said that it will provide a modern take on the appearances of its six characters — which Mars calls “lentils” — and give them more nuanced personalities. The lentils, which are featured in red, green, orange, yellow, brown and blue, will also come in different shapes and sizes.
More | Talk | Read It Later | Share - Jackpot: Bipartisan legislation proposed for long-desired Lake convention center finds home adjacent to casino Gary jackpot
Wednesday - 01/19/2022 - 12:13 PMThe bill calls for the creation of the Lake County convention and entertainment district along with a Lake County convention and entertainment fund to be administered by the Northwest Indiana Regional Development Authority.
More | Talk | Read It Later | Share - US jobless claims rise to 286,000, highest since October
Thursday - 01/20/2022 - 01:37 PMThe number of Americans applying for unemployment benefits rose to the highest level in three months as the fast-spreading omicron variant continued to disrupt the job market.
More | Talk | Read It Later | Share - 35-acre horse farm, one of the largest remaining privately owned estates in Wheaton, could be sold
Thursday - 01/20/2022 - 04:04 PMThe Bolger family has asked area homebuilders for bids to develop the property.
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- Cook County Treasurer to make it easier for developers to snag abandoned properties in annual sale that has been stuck ‘in inten
Wednesday - 01/26/2022 - 09:25 AMCook County Treasurer Maria Pappas said her office is making changes to the scavenger sale of tax delinquent houses.
More | Talk | Read It Later | Share - Stocks fall, yields rise after Fed signals rate hike ‘soon’
Wednesday - 01/26/2022 - 04:24 PMAn early market rally gave way to a broad slide for stocks and a surge in bond yields Wednesday after the Federal Reserve signaled it plans to raise interest rates “soon.”
More | Talk | Read It Later | Share - Pritzker vetoes proposal to pay COVID-19 sick leave to all school employees, says only fully vaccinated should be compensated
Monday - 01/24/2022 - 07:39 PMGov. J.B Pritzker vetoed legislation Monday that would have guaranteed COVID-19-related sick leave for school employees, while signaling support for a “compromise” plan that would limit compensation to only those who are fully vaccinated.
More | Talk | Read It Later | Share - Mars Wrigley closing nearly century-old chocolate plant on Chicago’s West Side
Tuesday - 01/25/2022 - 08:38 PMMars Wrigley is closing a nearly century-old chocolate plant on Chicago's Far West Side once hailed as the most beautiful candy factory in America.
More | Talk | Read It Later | Share - FBI agents search Center for COVID Control offices in Rolling Meadows following consumer complaints
Sunday - 01/23/2022 - 09:37 PMThe Center for COVID Control has come under scrutiny from law enforcement for alleged fraud and deceptive business practices in its testing sites.
More | Talk | Read It Later | Share - Next phase of $6 billion Lincoln Yards megadevelopment to break ground by summer, bringing retail and recreation to former indus
Monday - 01/24/2022 - 10:29 AMSterling Bay unveiled detailed plans for the next phase of the mixed-used Lincoln Yards megadevelopment, which is expected to break ground this summer along the North Branch of the Chicago River.
More | Talk | Read It Later | Share - Report: Peloton pauses production on bikes, treadmills
Friday - 01/21/2022 - 09:22 AMPeloton’s shares tumbled on Thursday after a media report said the exercise and treadmill company was temporarily halting production of its connected fitness products amid waning consumer demand.
More | Talk | Read It Later | Share - Plan to open cannabis growing facility in Elgin industrial plan headed to city council for final OK
Wednesday - 01/19/2022 - 03:56 PMFlora Group, a cannabis craft grower that wants to open Elgin’s first pot production facility, has won the recommendation of the city’s Planning and Zoning Commission.
More | Talk | Read It Later | Share - United posts $646 million loss, omicron casts shadow over 1Q
Thursday - 01/20/2022 - 10:15 AMThe Chicago-based airline said fourth quarter losses could bleed into the first quarter of 2022, amid the current spike in COVID-19 cases.
More | Talk | Read It Later | Share - Microsoft’s Activision buy could shake up gaming
Wednesday - 01/19/2022 - 12:54 PMWhat does Microsoft-Activision deal really mean for the millions of people who play video games, either on consoles or their phones?
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