Chicago Tribune: Business
- Metra to offer its $10 All-Day Pass through Labor Day
Monday - 07/06/2020 - 12:49 PMCommuter railroad Metra announced Monday that it is extending the availability of its $10 All-Day Pass through Labor Day.
More | Talk | Read It Later | Share - For stores trying to draw coronavirus-wary shoppers, cleanliness is next to essential
Monday - 07/06/2020 - 02:57 PMForget about making shopping fun. As clothing retailers and others try to stay viable during the coronavirus pandemic, they're hoping steps like cleaning during store hours, offering hand sanitizer and other safety measures will bring in customers willing to spend.
More | Talk | Read It Later | Share - Workplace tensions flare over whether employees can wear Black Lives Matter gear
Monday - 07/06/2020 - 07:00 AMAs the mask-wearing forced by the pandemic collides with a national reckoning on racial injustice, workplaces are seeing tensions arise over whether employees should be permitted to wear Black Lives Matter masks at work.
More | Talk | Read It Later | Share - Uber to buy Postmates in $2.65 billion all-stock food delivery deal
Monday - 07/06/2020 - 11:46 AMUber Technologies has agreed to acquire Postmates in a $2.65 billion all-stock takeover, helping Uber and its Uber Eats food-delivery division gain ground against DoorDash.
More | Talk | Read It Later | Share - ‘It oddly hasn’t been a stressful time’: European nations handled COVID-19 unemployment differently than the United States. Take
Saturday - 07/04/2020 - 01:46 PM“It oddly hasn’t been a stressful time. I can keep the team together, keep them motivated. We’re basically doing everything we can to be ready for when the restrictions are eased.”
More | Talk | Read It Later | Share - Despite new agreement, triggering events could free Alden to buy more shares of Tribune Publishing - or the entire company
Thursday - 07/02/2020 - 06:17 PMWhile the new standstill agreement between Tribune Publishing and its largest shareholder, Alden Global Capital extends a 33% ownership cap until next year, it still allows the hedge fund to make a tender off to buy a majority stake in the newspaper company at any time.
More | Talk | Read It Later | Share - American Airlines, 4 smaller air carriers agree on terms for federal loans
Thursday - 07/02/2020 - 10:21 AMThe Treasury Department said Thursday that it had finalized terms of new loans to American, Spirit Airlines, Frontier Airlines, Hawaiian Airlines and SkyWest Airlines.
More | Talk | Read It Later | Share - Peoria, an Illinois city that once guided a nation, now shows its cracks
Thursday - 07/02/2020 - 12:13 PMPeoria has historically been a bellwether for the Midwest and, at times, the nation. It is a place where marketers tested products, politicians honed their slogans, and rock stars kicked off tours.
More | Talk | Read It Later | Share - Joliet hospital prepares to transfer youngest patients, reschedule non-urgent surgeries as nurses get ready to strike
Wednesday - 07/01/2020 - 08:57 PMA Joliet hospital is preparing to transfer babies and pediatric patients to a sister facility, reschedule non-urgent surgeries and potentially ask ambulances to take new patients elsewhere should more than 700 of its nurses strike Saturday.
More | Talk | Read It Later | Share - Coronavirus and unemployment: How bad is it? 5 key questions.
Wednesday - 07/01/2020 - 02:52 PMEconomists have forecast that employers added 3 million jobs in June and that the unemployment rate dropped to 12.3%. If they’re correct, Americans have still recovered just one-quarter of the jobs they lost in March and April,
More | Talk | Read It Later | Share
- Chicago area on Amazon’s grocery list: Stores with cashiers planned for Oak Lawn, Schaumburg, Naperville
Monday - 07/06/2020 - 02:22 PMAmazon has bought and developed a range of grocery concepts as it vies for a bigger slice of the grocery business against U.S. market leaders Walmart and Kroger. It plans new conventional checkout grocery stores in Seattle, California, and the Chicago and Washington, D.C., areas.
More | Talk | Read It Later | Share - No more delays: What to know about the July 15 tax deadline
Monday - 07/06/2020 - 03:13 PMAs the coronavirus pandemic took hold this spring, the federal government postponed the traditional April 15 filing deadline until July 15. The move provided some economic and logistical relief for taxpayers dealing with the disruptions and uncertainty brought on by lockdowns, school closures and shuttered businesses.More | Talk | Read It Later | Share
- COVID-19 is hastening a cash-free culture. People ‘don’t want to have to touch anything.'
Monday - 07/06/2020 - 10:38 AMThe pandemic is propelling a shift toward a cashless society in ways that no other single event has. Experts say that’s not necessarily a good thing.
More | Talk | Read It Later | Share - Treasury identifies 650,000 small businesses that received Paycheck Protection Program loans
Monday - 07/06/2020 - 12:18 PMThe Treasury Department on Monday released the names of companies that got more than $150,000 from the government's small business lending program. Those firms made up less than 15% of the nearly 5 million small companies that received PPP loans.
More | Talk | Read It Later | Share - Airbnb cracking down on parties, will block some younger users from booking homes
Thursday - 07/02/2020 - 04:06 PMAirbnb said U.S. users under age 25 with fewer than three positive reviews won’t be allowed to book entire homes close to where they live. Airbnb wouldn’t reveal how it defines what is “close.”
More | Talk | Read It Later | Share - CEO Neela Montgomery to exit Crate & Barrel
Thursday - 07/02/2020 - 08:30 AMNeela Montgomery, Crate & Barrel’s CEO for almost three years, will leave the Northbrook-based retailer Aug. 1.
More | Talk | Read It Later | Share - Column: A different view of the masterful Farnsworth House — hers, not his
Thursday - 07/02/2020 - 11:31 AMA daring and fascinating new exhibition, “Edith Farnsworth’s Country House,” restores Dr. Edith Farnsworth's presence to the Plano house that bears her name, but where for years she was all but absent.
More | Talk | Read It Later | Share - Congress eyes more spending as coronavirus surges and economy struggles
Thursday - 07/02/2020 - 12:18 PMThere is a growing recognition across party lines that Congress will need to spend more money, soon, to continue to prop up the U.S. economy during the coronavirus recession.
More | Talk | Read It Later | Share - Another American annual ritual to be transformed by COVID-19: Black Friday
Wednesday - 07/01/2020 - 01:12 PMMacy’s CEO Jeff Gennette told analysts Wednesday said that the department store will be pivoting its Black Friday business more toward online and will likely be going “full force” with holiday marketing right after Halloween.More | Talk | Read It Later | Share
- United adding 25,000 flights in August despite spikes in COVID-19 cases
Wednesday - 07/01/2020 - 03:46 PMUnited Airlines plans to fly about three times more routes in August than it did last month as passengers slowly return to the skies, even as the number of new coronavirus infections across the U.S.More | Talk | Read It Later | Share
- Jonathan Sackler, co-owner of OxyContin maker Purdue Pharma, dies
Monday - 07/06/2020 - 01:28 PMJonathan Sackler, one of the owners of OxyContin maker Purdue Pharma, has died, the company confirmed.
More | Talk | Read It Later | Share - From museums and restaurants to law firms and supermarkets, thousands of Chicago-area businesses got PPP loans worth $1 million
Monday - 07/06/2020 - 05:04 PMThe Small Business Administration on Monday released a list of some of the businesses approved for federal payroll protection loans, and a lot of prominent Chicago-area companies received funds to help them through the coronavirus pandemic.
More | Talk | Read It Later | Share - Lucky Brand files for bankruptcy, closing 13 stores including Mag Mile location
Monday - 07/06/2020 - 09:11 AMDenim retailer Lucky Brand Dungarees has filed for Chapter 11 bankruptcy protection, blaming its troubles in part on the coronavirus pandemic, and said it has a deal lined up to sell the company.
More | Talk | Read It Later | Share - More American gig workers facing competition for work as COVID-19 ravages economy, all while trying to avoid virus themselves
Sunday - 07/05/2020 - 01:14 PMGig workers are clamoring for jobs that often pay less while facing stiff competition from a crush of newly unemployed workers - all while trying to avoid contracting the coronavirus.
More | Talk | Read It Later | Share - Wells St. Market reopening, becoming the first Chicago food hall to reemerge during the coronavirus pandemic
Wednesday - 07/01/2020 - 05:09 PMWells St. Market opens for indoor dining but encourages diners to take out.
More | Talk | Read It Later | Share - Unemployment falls to 11.1% in June amid record job gains, but pandemic dims outlook
Thursday - 07/02/2020 - 08:43 AMU.S. employers added a substantial 4.8 million jobs in June, and the unemployment rate fell to 11.1%, as the job market improved for a second straight month yet still remained far short of regaining the colossal losses it suffered this spring.
More | Talk | Read It Later | Share - Horses idle as rodeos canceled
Thursday - 07/02/2020 - 11:11 AMDozens of Illinois rodeos are on hiatus this summer in an effort to stop the spread of COVID-19. Big Hat Rodeo, based in Harvard, canceled all 10 of its Midwest rodeos this year.More | Talk | Read It Later | Share
- Horses stand idle and clowns call it quits as the coronavirus cancels Illinois rodeos. ‘This is the first time ever that we won’
Thursday - 07/02/2020 - 12:36 PMRodeos around Illinois are being canceled because of the coronavirus pandemic. The events, often held as nonprofit benefits or moneymakers for county fairs, can draw thousands. Without them, the grandstands are dark, and that financial punch in the gut reaches far beyond the county fairs that so often play host.
More | Talk | Read It Later | Share - McDonald’s plan to reopen dining rooms on hold as COVID-19 cases surge in parts of U.S.
Wednesday - 07/01/2020 - 09:41 PMThe Chicago-based fast food giant said it will pause planned reopenings of its dining rooms for 21 days.
More | Talk | Read It Later | Share - American Airlines to drop nearly two dozen international routes, including 4 from ORD
Wednesday - 07/01/2020 - 04:14 PMAmerican said Wednesday that it’s dropping nearly two dozen routes between major international hubs in Los Angeles, Philadelphia and Charlotte to destinations such as Barcelona, Budapest and Beijing. The airline’s international flying will be reduced by 25% through next summer compared to the schedule it flew in 2019.
More | Talk | Read It Later | Share