Chicago Tribune: Business
- Amazon Fresh raises its free shipping minimum spend
Friday - 02/03/2023 - 02:51 PMAmazon is axing free grocery delivery for Prime members on orders less than $150.
More | Talk | Read It Later | Share - US added a strong 517,000 jobs in January despite Fed hikes
Friday - 02/03/2023 - 08:40 AMAmerica’s employers added a robust 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates.
More | Talk | Read It Later | Share - Chicago to receive $60 million in federal funding to fight homelessness
Thursday - 02/02/2023 - 03:52 PMU.S. Housing and Urban Development Secretary Marcia Fudge announced the funding while visiting a Far South Side apartment complex Thursday that houses families exiting homelessness.
More | Talk | Read It Later | Share - United Center concession workers authorize strike but no date set; union says work stoppage could begin ‘at any moment’
Wednesday - 02/01/2023 - 10:42 AMThe union gave no information on timing other than to say a strike could begin at any time.
More | Talk | Read It Later | Share - Rivian laying off 6% of its workforce as EV manufacturer aims to cut costs
Wednesday - 02/01/2023 - 02:46 PMThe layoffs include a small number of nonmanufacturing employees at its downstate Normal assembly plant.
More | Talk | Read It Later | Share - Chicago Reader names new CEO following tumultuous transition to nonprofit
Wednesday - 02/01/2023 - 04:48 PMSolomon Lieberman begins his tenure as CEO and publisher of the Chicago Reader following a tumultuous period at storied alternative newspaper.
More | Talk | Read It Later | Share - Boeing makes final delivery of an icon: the 747 jumbo jet
Tuesday - 01/31/2023 - 05:53 PMBoeing bids farewell to an icon on Tuesday: It’s delivering its final 747 jumbo jet.
More | Talk | Read It Later | Share - Mayor Lori Lightfoot proposes 15-year deal with ComEd that critics on City Council call ‘questionable’
Tuesday - 01/31/2023 - 12:33 PMSkeptics worry it would tie Chicagoans to the embattled electricity company for much too long and much too fast.
More | Talk | Read It Later | Share - Opening arguments begin in Outcome Health fraud trial in Chicago
Monday - 01/30/2023 - 02:50 PMThe three defendants are charged with bank fraud, mail fraud and wire fraud
More | Talk | Read It Later | Share - Groupon to lay off another 500 employees as struggling Chicago-based online marketplace continues to downsize
Monday - 01/30/2023 - 07:40 PMThe latest round of layoffs would reduce the company’s shrinking workforce by upward of 20%.
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- Jury clears Elon Musk of wrongdoing related to 2018 Tesla tweets
Friday - 02/03/2023 - 06:21 PMIn 2018, Musk tweeted that he had the financing to take Tesla private even though it turned out he hadn’t gotten an iron-clad commitment for an aborted deal that would have cost $20 billion to $70 billion to pull off.
More | Talk | Read It Later | Share - Retired CEO of BNSF Railway donates Italian villa-style mansion to Lake Forest College
Friday - 02/03/2023 - 10:55 AMThe mansion has a value of $6 million, according to the Lake County Assessor
More | Talk | Read It Later | Share - State Farm, Wells Fargo plan to lay off hundreds in Illinois
Wednesday - 02/01/2023 - 07:05 PMState Farm and Wells Fargo are the latest companies to announce job cuts in Illinois this week.
More | Talk | Read It Later | Share - Delta to offer free wifi on most domestic flights
Wednesday - 02/01/2023 - 01:15 PMDelta invested $1 billion over the past several years to bring free WiFi to customers.
More | Talk | Read It Later | Share - Federal Reserve raises interest rate by a quarter-point, its eighth hike since March
Wednesday - 02/01/2023 - 03:08 PMThe Fed’s latest move will likely further raise the costs of many consumer and business loans and the risk of a recession.
More | Talk | Read It Later | Share - Aldermen hit brakes on Lightfoot’s 15-year ComEd proposal, ship it to committee
Wednesday - 02/01/2023 - 05:16 PMThe delay comes amid concerns that such a monumental agreement should be decided after the upcoming municipal elections.
More | Talk | Read It Later | Share - More than 1,300 flights canceled nationwide after winter weather hits south
Tuesday - 01/31/2023 - 12:12 PMWinter weather brought ice to Texas and nearby states Tuesday, causing the cancellation of more than 1,300 flights nationwide and bringing traffic to a standstill on an interstate through Arkansas.
More | Talk | Read It Later | Share - Boeing to open new assembly line to build 737 Max planes
Monday - 01/30/2023 - 02:42 PMBoeing will add a fourth assembly line to produce more 737 Max aircraft, as it tries to more quickly translate a backlog of orders into cash-generating deliveries of new planes.
More | Talk | Read It Later | Share - Skokie tells Carvana it must reapply to build glass tower; must meet new bird protection standard
Monday - 01/30/2023 - 07:03 PMThe Village of Skokie told Carvana it must start over to apply to build a glass used-car sales tower, and face stricter rules that call for bird-strike mitigations for buildings.
More | Talk | Read It Later | Share - Former WGN-Channel 9 reporter Eddie Arruza sells West Ridge bungalow he renovated for $520,000
Monday - 01/30/2023 - 09:16 AMArruza bought the home in 1999 and undertook a total gut rehab of the kitchen and a bathroom.
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- After months of delay, thousands of Interior Define customers may finally get their furniture. Thousands more probably won’t.
Friday - 02/03/2023 - 03:41 PMThousands of frustrated customers of the Chicago-based custom furniture retailer have been waiting for overdue orders placed last year, navigating a succession of evasive company missives blaming everything from port congestion to supply chain issues.
More | Talk | Read It Later | Share - In Lincoln Park, tensions flare over plan to tear down a nearly 150-year-old home
Friday - 02/03/2023 - 11:06 AMThe home is one of the few remaining wood-frame homes built in the aftermath of the Great Chicago Fire of 1871.
More | Talk | Read It Later | Share - Here’s what the Fed interest rate hike means for you
Thursday - 02/02/2023 - 08:45 AMThe Federal Reserve raised its key rate by a quarter point, bringing it to the highest level in 15 years. Here’s what to know.
More | Talk | Read It Later | Share - North Barrington home once owned by actress Lauren Holly listed for $939,000
Wednesday - 02/01/2023 - 01:41 PMHolly is known for TV roles on shows like “NCIS” and “Picket Fences”
More | Talk | Read It Later | Share - Norfolk Southern’s massive rail yard expansion plan for South Side nabs City Council approval after previous delay
Wednesday - 02/01/2023 - 02:57 PMThe controversial plan has been years in the making and resulted in hundreds of homes being acquired in one of Chicago's poorest areas.
More | Talk | Read It Later | Share - O’Hare Terminal 5 gate expansion opens, making space for 120 new daily flights
Tuesday - 01/31/2023 - 04:27 PMCustoms facilities in Terminal 5 are being reconfigured, and the baggage handling system will be replaced.
More | Talk | Read It Later | Share - Adult Happy Meals and the McRib feed McDonald’s sales in the fourth quarter
Tuesday - 01/31/2023 - 11:51 AMAdult Happy Meals and other limited-time promotions boosted traffic at McDonald’s restaurants during the fourth quarter despite higher prices.
More | Talk | Read It Later | Share - Chicago Tribune promotes newsroom veteran to managing editor
Monday - 01/30/2023 - 02:49 PM“It’s clear to me that Phil has the respect and trust of our newsroom,” Mitch Pugh, executive editor of the Tribune.
More | Talk | Read It Later | Share - Terry Savage: Artificial intelligence for money management
Monday - 01/30/2023 - 05:52 PMChange is inevitable, and it’s up to us to make the choice of whether to embrace it or try to ignore it.
More | Talk | Read It Later | Share - Strike vote looms for concession workers at United Center; regulators investigating allegations of labor law violations
Monday - 01/30/2023 - 09:46 AMAbout 650 concessions, food and beverage workers at the United Center will vote Tuesday on whether to strike amid union contract negotiations with Chicago-based Levy Restaurants.
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