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Business news, from Chicago’s largest corporations to local small businesses, including consumer watchdog reports and updates from industries like technology and retail.
Still hurting from the pandemic, the nonprofit said it is trying to sell its apartment buildings to operators who will maintain the sites as affordable properties.
Some of the ways scammers have used QR codes are by placing fraudulent QR codes on parking meters or by posing as legitimate businesses.
The two robbers got away with about $10,000 in cash just before closing time Sunday at 933 N. State St., police said.
The new system was approved as part of the decision that also saw regulators cut a rate hike requested by Peoples Gas from $402 million down to about $301 million.
With vacancy rates rising and valuations falling hard, civic and business leaders are starting to talk about what can be done with office space few companies want anymore.
In a sweeping ruling last month, the Illinois Commerce Commission put a halt to the utility’s perennially delayed and over-budget pipe project, but Peoples Gas says it needs money to wrap up the project safely.
A Chicago man sued when his insurance company refused to pay for injuries his son suffered when he was hit by a driver while riding a bicycle.
Evanston, Wilmette homeowners claim the city acted unlawfully, blast “commercialization” of the new football field the university plans to build.
Accounts that haven’t been used in at least two years and deemed by the tech giant to be inactive could be deleted.
Current and former tenants of Gary Carlson alleged they’ve had problems with bedbugs, mold, roaches and repairs. The city has 71 active housing court cases against him, with the latest hearing scheduled for Thursday.
Nearly a dozen former and current Peoples Gas workers say in the federal lawsuit that the company racially discriminated against Black employees in the Chicago area.
United and American airlines are slated to share a new “global terminal” handling both domestic and international flights — a project funded in part by airlines. But now both carriers want Mayor Brandon Johnson to alter those plans.
Munger served as Buffett’s sounding board on investments and business decisions and helped lead Berkshire for more than five decades and served as its longtime vice chairman.
A team of app developers looking to ease college and career searches and a 9th-grade debater hoping to bridge policy and people were among the students honored. “You will help us all build a better, stronger and much-safer Chicago,” Mayor Brandon Johnson said.
They will form a new company, Outfox Hospitality, where Dom’s co-founder Bob Mariano will be an adviser and board member.
The agency promises to be “laser focused” over the next 18 months on its vacant single-family homes and smaller apartment buildings.
These highly profitable facilities often charge $5,000 a month or more and then layer on fees at every step.
Despite less foot traffic, Black Friday still is expected to be the busiest shopping day of the year in the U.S., according to ShopperTrak.
Many attendees said terms of a four-day cease-fire in the Israeli bombardment of Hamas weren’t enough to end the long-term misery either.
The head of the Federal Reserve Bank of Chicago, says the economy appears headed to a “soft landing” in which inflation returns to the Fed’s 2% target without an economic crash.
The federally owned towers date from the early 20th century and could still be torn down, but the decision of the Commission on Chicago Landmarks could increase pressure to preserve them.
You might not need the city to do your daily business, but it still offers a portal to the unexpected.
The beverage-focused restaurant will feature specialty drinks and is named for an ’80s McDonald’s mascot.
Days after announcing his departure from the job growth agency known as World Business Chicago, Michael Fassnacht urged City Hall and the two major carriers to work out their differences on a massive project that started at $8.7 billion but has ballooned to $12.1 billion.
The company is focused on core menu items like Quarter Pounders and fries which, according to McDonald’s, make up 65% of sales systemwide.
The Democratic National Committee has pledged that all of Chicago’s communities benefit — and minority contractors share — from next year’s convention at United Center.
After nearly four months, the Screen Actors Guild-American Federation of Television and Radio Artists approved a three-year pact with 78% voting in favor.
The software giant had to reduce its space because of the pandemic, but has moved ahead with a design that heralds community involvement.
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