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 NEWS: CHICAGO TRIBUNE BUSINESS NEWS
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   NEWS: CHICAGO TRIBUNE BUSINESS NEWS
Chicago Tribune Business News
Nov 20, 2024

Anti-abortion groups, employers sue Pritzker over Illinois abortion law
The suit targets an Illinois law that requires state-regulated health insurers to cover abortions and medications to terminate pregnancies.

Chicago Tribune Business News
Nov 20, 2024

Ford - facing economic headwinds and weak EV sales — to cut 4,000 jobs in Europe
Ford Motor Co. says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker than expected sales of electric cars.

Chicago Tribune Business News
Nov 20, 2024

Target struggles in the third quarter despite price cuts and offers a tempered holiday outlook
Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.

Chicago Tribune Business News
Nov 20, 2024

Grocery chains vie for a place on Thanksgiving tables with turkey dinner deals and store brands
With Thanksgiving less than two weeks away, Walmart, Target, Aldi and other grocers are competing for a place on holiday tables with turkey dinner deals and other promotions to tempt Americans who haven't recovered from recent food price inflation.

Chicago Tribune Business News
Nov 20, 2024

Comcast to spin off cable networks, once star performers at the entertainment giant
Comcast will spin off many of NBCUniversal's cable television networks, including USA Network, CNBC and MSNBC, into a separate public company.

Chicago Tribune Business News
Nov 19, 2024

New Lenox smokehouse owners seek investors to reopen after sudden closure
Bourbons Smokehouse owners,Joe and Tonya Regiro are seeking an investor to help them reopen their New Lenox restaurant in December.

Chicago Tribune Business News
Nov 19, 2024

Microsoft pitches AI ‘agents' that can perform tasks on their own at Ignite 2024
Microsoft CEO Satya Nadella is opening a company conference in Chicago with remarks that could set the stage for where it's taking its artificial intelligence business.

Chicago Tribune Business News
Nov 19, 2024

Microsoft pitches AI ‘agents' that can perform tasks on their own at Ignite 2024 in Chicago
Microsoft CEO Satya Nadella is opening a company conference in Chicago with remarks that could set the stage for where it's taking its artificial intelligence business.

Chicago Tribune Business News
Nov 19, 2024

Walmart's promise of low prices prove to be a powerful draw in the third quarter
Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.

Chicago Tribune Business News
Nov 19, 2024

Naperville 6-bedroom home with 2 kitchens and 2 primary suites: $4.1M
Address: 1239 Oxford Lane, Naperville Listed: Nov. 7, 2024 Price: $4,100,000 This six-bedroom home features a marble foyer leading to a formal living room that houses one of seven fireplaces and a four-seasons room. The home has two gourmet kitchens, one of which includes a wood-burning pizza oven and high-end appliances such as a six-burner Viking range, double ovens, two dishwashers and gold-plated farmhouse sinks. The house also has two primary suites, one on the first floor and one on the second floor, which has four other bedrooms. The finished third floor has a full bath. The home's lower level […]

Chicago Tribune Business News
Nov 18, 2024

Endeavor Health is spending up to $453 million to settle patients' claims that a former doctor sexually abused them
Endeavor and Swedish Hospital are currently facing 61 lawsuits brought by former patients of gynecologist-obstetrician Dr. Fabio Ortega accusing him of sexually abusing them.

Chicago Tribune Business News
Nov 18, 2024

City envisions transforming vacant South Side bank building into $80 million recording complex
The 1925 building once stood at the heart of Chicago's meatpacking industry, serving many employees of the Union Stock Yards.

Chicago Tribune Business News
Nov 18, 2024

La Grange boutique JAYNE marks 10 years of success
JAYNE Boutique in downtown La Grange not only survived a decade that included a global pandemic, it has thrived.

Chicago Tribune Business News
Nov 18, 2024

La Grange boutique marks 10 years of success
JAYNE Boutique in downtown La Grange not only survived a decade that included a global pandemic, it has thrived.

Chicago Tribune Business News
Nov 18, 2024

Spirit Airlines filed for bankruptcy. What does that mean for travelers?
What travelers need to know about the Spirit Airlines bankruptcy filing.

Chicago Tribune Business News
Nov 18, 2024

Ragu maker moving to remodeled headquarters in Schaumburg
Mizkan America, the maker of Ragu spaghetti sauce and other specialty foods, will soon move its headquarters to northwest suburban Schaumburg.

Chicago Tribune Business News
Nov 18, 2024

More than 50,000 people came to Southland casino in first week, officials say
More than 50,000 people have come through the doors of the Wind Creek Chicago Southland casino in Homewood and East Hazel Crest.

Chicago Tribune Business News
Nov 18, 2024

Trump's treasury pick could give an indication of what he plans to do about tariffs
The choice of how Donald Trump fills his highest-profile Cabinet selection, treasury secretary, will be the clearest indication yet of how he intends to wield import tariffs in his new administration.

Chicago Tribune Business News
Nov 18, 2024

Greece to repay chunk of bailout debt early and touts recovery during anger over cost of living
Greece will make an early repayment of 5 billion euros ($5.3 billion) in bailout-era debt in 2025, Prime Minister Kyriakos Mitsotakis told a banking conference in Athens on Monday, describing the move as a signal of the country's fiscal recovery.

Chicago Tribune Business News
Nov 18, 2024

Metra Electric station, closed since 2023, to reopen, as nearby station closes for more work
Three stations are being renovated as part of a $33.9 million contract.

Chicago Tribune Business News
Nov 18, 2024

Company affiliated with Alex Jones seeks to disqualify The Onion's auction bid on Infowars
A company affiliated with conspiracy theorist Alex Jones asked a federal judge on Monday to disqualify a bid by the satirical news outlet The Onion to buy Jones' Infowars at a bankruptcy auction, alleging fraud and collusion.

Chicago Tribune Business News
Nov 18, 2024

University of Illinois nurses reach tentative agreement with hospital, ending strike after four days
Nurses at University of Illinois Hospital & Clinics have ended a four-day strike, after reaching a tentative contract agreement with UI Health late Saturday night.    

Chicago Tribune Business News
Nov 18, 2024

Dozens are sickened and 1 person died after eating carrots contaminated with E. coli
An outbreak of E. coli has infected dozens of people who ate bagged organic carrots, and one person died from the infection.

Chicago Tribune Business News
Nov 18, 2024

Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom
Spirit Airlines said that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue.

Chicago Tribune Business News
Nov 18, 2024

Historic Chatham Park Village Cooperative defaults on mortgage as residents disagree on property's future
The Chatham Park Village Cooperative has offered affordable homeownership on Chicago's South Side for more than 60 years, but it's at risk of foreclosure as the co-op has defaulted on its mortgage.

Chicago Tribune Business News
Nov 17, 2024

Condo Adviser: Reserve studies can offer useful information about the physical condition of common elements in a condo building
There is no inherent increase in liability exposure for condominium board members because they commission a reserve study.

Chicago Tribune Business News
Nov 16, 2024

McDonald's is investing $100 million to bring customers back after E. coli outbreak
McDonald's is investing $100 million to bring customers back to stores after an outbreak of E. coli food poisoning tied to onions on the fast-food giant's Quarter Pounder hamburgers.

Chicago Tribune Business News
Nov 16, 2024

Crete advances solar farm project, one of at least 5 planned in Will County
  property is north of West Old Monee Road and east of South Sangamon Street. annexation and special use permit approved at Monday…..

Chicago Tribune Business News
Nov 16, 2024

Illinois nuclear plants are in the crosshairs of data centers and AI's insatiable demand for clean power. At what cost?
As the nation's leading nuclear power producer, Illinois is uniquely positioned to capitalize on or fall victim to the latest rush for nuclear energy.

Chicago Tribune Business News
Nov 15, 2024

Chicago Tribune Guild ratifies 2-year contract
The pact calls for 3% pay raises for newsroom employees each year plus a 401(k) match and bonuses.

Chicago Tribune Business News
Nov 15, 2024

What happens next in The Onion's effort to buy Alex Jones' Infowars
The Onion's winning bid for Alex Jones' Infowars platform is under review by a federal bankruptcy judge after Jones and his lawyers complained about how an auction was conducted.

Chicago Tribune Business News
Nov 15, 2024

Historic downtown Frankfort bowling alley reopening as The Loft
The building in downtown Frankfort opened as a general store in 1877, and the upstairs bowling alley was installed in 1949.

Chicago Tribune Business News
Nov 15, 2024

Mike Tyson-Jake Paul bout gives Netflix an opportunity to show it can handle big events with NFL and WWE on horizon
Jake Paul and Mike Tyson aren't the only ones who have high stakes when they meet in the boxing ring on Friday night. For Netflix, it is their biggest live sports event to date.

Chicago Tribune Business News
Nov 15, 2024

Top Workplaces 2024: At Basis Technologies, a ‘people-centric' culture is key
Basis Technologies, which is headquartered in Chicago and has about 250 employees in the metro area and 900 overall, is a digital platform for advertising agencies and brands.

Chicago Tribune Business News
Nov 15, 2024

Top Workplaces 2024: Explore the full list of Chicago-area winners
Berkshire Hathaway HomeServices Chicago, Dream Town Realty and City Staffing took the top spots for large, midsize and small Chicagoland workplaces according to rankings released by Energage on behalf of the Chicago Tribune.

Chicago Tribune Business News
Nov 15, 2024

Top Workplaces 2024: Fellowes Brands looks to revitalize office spaces while bringing its employees back in person
For more than a century, Itasca-based manufacturing company Fellowes Brands has produced a staple of the American office — the Bankers Box.

Chicago Tribune Business News
Nov 15, 2024

Top Workplaces 2024: Training and development are emphasized at @properties, which is constantly looking to improve
Chicago-based @properties is ranked No. 2 among large employers on the Chicago Tribune's list of Top Workplaces.

Chicago Tribune Business News
Nov 15, 2024

Top Workplaces 2024: Shared love of music and audio fosters a positive workplace culture at Shure
Shure, a private electronics firm in Niles, employs about 1,000 people in Chicagoland and 3,000 total worldwide.

Chicago Tribune Business News
Nov 15, 2024

Top Workplaces 2024: Employees are the unhappiest they've been in years — and workplaces are responding
They're calling it the "Great Gloom." Employee happiness has declined steadily since 2020, and is now even lower than it was during the darkest days of the pandemic.

Chicago Tribune Business News
Nov 15, 2024

One year after Yellow Line crash, effects linger for riders, Skokie and CTA
Documents shed light on the November 2023 collision between a Yellow Line train and a snow plow, as a federal investigation continues.

Chicago Tribune Business News
Nov 15, 2024

Top Workplaces 2024: How the winners were selected
Our annual Top Workplaces report examines why employees are disenchanted. We also dig into what the most effective workplaces are doing to fight back against this trend.

Chicago Tribune Business News
Nov 15, 2024

Top Workplaces 2024: Family-owned 1st Ayd, which sells safety and janitorial supplies, focuses on empowering employees
Elgin-based 1st Ayd, pronounced first aid, is ranked No. 9 among small employers on the Chicago Tribune's list of Top Workplaces.

Chicago Tribune Business News
Nov 15, 2024

More Illinois hospitals get A grades for safety; a dozen get D's
In Illinois, 32 hospitals have notched A grades, up from 24 hospitals in the spring, according to the Leapfrog Group, a nonprofit founded by large employers and other organizations that buy health insurance.

Chicago Tribune Business News
Nov 14, 2024

Delaware limited liability company paid Ken Griffin $19M for top 2 floors in Near North Side building
The combined purchase represents the highest price anyone has paid this year for a Chicago-area residence.

Chicago Tribune Business News
Nov 14, 2024

Fighting conspiracy theories with comedy? That's what the Onion hopes after its purchase of Infowars.
On Thursday, The Onion immediately shut down Infowars and plans to relaunch it in January as a parody of conspiracy theorists.

Chicago Tribune Business News
Nov 14, 2024

Chicago alderman proposes licensing and taxing hemp businesses
The proposal would run counter to calls by some in the cannabis industry and in state government to ban the smoke shops or to require testing and labeling to tell consumers what they're getting.

Chicago Tribune Business News
Nov 14, 2024

North Riverside mall owners signal retail optimism with $9M investment
North Riverside Park Mall, which opened nearly 50 years ago, "continues to perform really well," with a high occupancy rate, owners said.

Chicago Tribune Business News
Nov 14, 2024

CTA Clark and Lake station to get overhaul as part of Thompson Center redevelopment
CTA's busy Clark and Lake station is slated for an overhaul as part of the redevelopment of the James R. Thompson Center into high-tech home for Google.

Chicago Tribune Business News
Nov 14, 2024

Blackhawks, Bulls and White Sox have a new TV home. Here's what to know about the Chicago Sports Network.
The Blackhawks, Bulls and White Sox have a new TV home — but many in Chicago won't be able to see it. Here's what to know about the Chicago Sports Network.

Chicago Tribune Business News
Nov 14, 2024

Chicago Sports Network launching direct-to-consumer streaming service for all games and other programming
Chicago Sports Network is moving forward with its direct-to-consumer streaming service, bypassing the pay-TV middleman to reach blacked-out viewers.

Chicago Tribune Business News
Nov 14, 2024

Chicago Sports Network launching direct-to-consumer streaming service for Bulls, Hawks, Sox games, other programming
Chicago Sports Network is moving forward with its direct-to-consumer streaming service, bypassing the pay-TV middleman to reach blacked-out viewers.

Chicago Tribune Business News
Nov 14, 2024

Chicago-based The Onion buys Alex Jones' Infowars at auction with backing from Sandy Hook families
The satirical news publication The Onion won the bidding for Alex Jones' Infowars at a bankruptcy auction, backed by families of Sandy Hook Elementary School shooting victims whom Jones owes more than $1 billion in defamation judgments for calling the massacre a hoax, the families announced Thursday.

Chicago Tribune Business News
Nov 14, 2024

Chicago-based The Onion buys Alex Jones' Infowars at auction with help from Sandy Hook families
The satirical news publication The Onion won the bidding for Alex Jones' Infowars at a bankruptcy auction, backed by families of Sandy Hook Elementary School shooting victims whom Jones owes more than $1 billion in defamation judgments for calling the massacre a hoax, the families announced Thursday.

Chicago Tribune Business News
Nov 14, 2024

Lincoln Park 5-bedroom home with attached garage: $1.9M
Address: 2040 N. Sedgwick St., Unit CD, Chicago Listed: Nov. 4, 2024 Price: $1,850,000 This combined five-bedroom, four-bathroom home has private outdoor spaces and parking for four cars on the property. The home features tall ceilings, custom millwork and built-ins, an 8-foot-high door, two fireplaces and hardwood floors throughout. In the kitchen is a large […]

Chicago Tribune Business News
Nov 14, 2024

Winnetka green lights new bank building for its central business district
The Village Council approved on Tuesday the demolition of the J.P. Morgan Private Bank at the corner of Green Bay Road and Elm Street and its replacement with a new three-story combined retail branch and office.

Chicago Tribune Business News
Nov 13, 2024

City commission approves $98 million in TIF funds for massive LaSalle Street renovation
Redevelopment of the landmark Field Building would be the largest project so far in the LaSalle Street Reimagined program.

Chicago Tribune Business News
Nov 13, 2024

Chicago-based Grubhub sold for $650 million to to Wonder Group Inc.
Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery service at a steep discount to the $7.3 billion price tag it commanded during the early days of the Covid pandemic.

Chicago Tribune Business News
Nov 13, 2024

Chicago-based Grubhub sold for $650 million to Wonder Group Inc.
Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery service at a steep discount to the $7.3 billion price tag it commanded during the early days of the Covid pandemic.

Chicago Tribune Business News
Nov 13, 2024

Nurses at University of Illinois Hospital walk off the job in second strike since August
The nurses are seeking better security to prevent patients from attacking them at the hospital, and they're asking for higher pay.

Chicago Tribune Business News
Nov 13, 2024

Nurses at University of Illinois Hospital walk off the job, in second strike since August
The nurses are seeking better security to prevent patients from attacking them at the hospital, and they're asking for higher pay.

Chicago Tribune Business News
Nov 12, 2024

Art Institute names tech billionaire, Groupon co-founder Eric Lefkofsky as board chairman
Art Institute names tech billionaire, Groupon co-founder Eric Lefkofsky as board chairman

Chicago Tribune Business News
Nov 12, 2024

Southwest is offering buyouts to airport workers and blaming Boeing for the job cuts
The move on Monday comes as a hedge fund presses Southwest to increase profits and boost the stock price, which has fallen sharply since early 2021.

Chicago Tribune Business News
Nov 12, 2024

Chicago Bears reconsidering Michael Reese Hospital site with lakefront stadium proposal stalled
The Chicago Bears are reconsidering the former Michael Reese Hospital site as a potential location for a new stadium, a source said, but the team remains focused on the lakefront.

Chicago Tribune Business News
Nov 12, 2024

Aldi shutters West Pullman grocery store in latest closing to hit city's South Side
The local alderman says Aldi's closing in Chicago's West Pullman leaves the South Side neighborhood with no grocery store options.

Chicago Tribune Business News
Nov 12, 2024

The Fresh Market to hold grand opening Wednesday for its first location in Naperville
After nearly two years of waiting, a grand opening for the new Fresh Market store on Route 59 in Naperville will be held Wednesday.

Chicago Tribune Business News
Nov 12, 2024

Wilmette 6-bedroom house with glass-enclosed staircase: $2.9M
Address: 849 Sheridan Road, Wilmette Listed: Oct. 28, 2024 Price: $2,949,000 This six-bedroom home has 6½ baths, an attached two-car garage, a finished third level and a finished basement with a fitness room, a wine cellar, a bedroom, a full bath and a recreation room. The home has a glass-enclosed, custom-built staircase, white oak floors […]

Chicago Tribune Business News
Nov 11, 2024

Bitcoin has topped $87,000 for a new record high. What to know about crypto's post-election rally
As money continues to pour into crypto following Donald Trump's victory last week, bitcoin has climbed to yet another record high.

Chicago Tribune Business News
Nov 11, 2024

South suburban casino opens to huge crowds, patrons ‘blown away' by first look
Wind Creek Chicago Southland casino opened its doors on Veterans Day, with huge crowds in East Hazel Crest/Homewood.

Chicago Tribune Business News
Nov 11, 2024

Metra moves forward with Harvey warehouse project after rezoning approval
Metra Rail purchased the Harvey warehouse in 2020 and has already spent $17.9 million on the former Wickes Furniture site.

Chicago Tribune Business News
Nov 11, 2024

Farming is more high-tech than ever. Just ask Land O'Lakes' chief technology officer
Ultimately, machine learning might become as revolutionary as the tractor itself if it delivers on the promise of offering trusted, data-driven recommendations that lead to lasting benefits for farmers, animals and the land.

Chicago Tribune Business News
Nov 10, 2024

WLS-Ch. 7 news anchor Terrell Brown lists South Shore home for $800,000
In Jackson Park Highlands, Brown in 2016 paid $537,000 through an opaque land trust for the house.

Chicago Tribune Business News
Nov 10, 2024

WLS-Channel 7 news anchor Terrell Brown lists South Shore home for $800,000
In Jackson Park Highlands, Brown in 2016 paid $537,000 through an opaque land trust for the house.

Chicago Tribune Business News
Nov 10, 2024

Labor leaders, Illinois officials fear workers' rights at risk under Trump, but vow to keep fighting
Experts have widely considered President Joe Biden to be the most pro-labor president in modern history.

Chicago Tribune Business News
Nov 09, 2024

Tinley Park housing development takes shape east of downtown, where apartments, town houses planned
Homebuilder D.R. Horton is progressing on its Oak Ridge development east of Tinley Park's downtown, with a mix of town houses and single-family homes

Chicago Tribune Business News
Nov 08, 2024

New Illinois casino might harm Horseshoe, Hard Rock, gaming expert says
With a new casino opening less than 10 miles across the Indiana-Illinois border, one gaming analyst said Northwest Indiana's industry has expected this for decades. "They've been talking about this for about 20 or 30 years," Ed Feigenbaum said. "It's kind of a surprise this didn't happen sooner." Wind Creek's Chicago Southland Casino is set to open Monday in Homewood, Illinois, which is about 30 minutes west of both Horseshoe Hammond Casino and Hard Rock Casino Northern Indiana in Gary. Crews started work on the Chicago Southland casino in September 2022. The new casino is set to span 75,000 square […]

Chicago Tribune Business News
Nov 08, 2024

Terry Savage: It's time to take required distributions
The rules are simple, but the penalties for failure to withdraw on time are huge — 25% of the amount that should have been withdrawn for 2024!

Chicago Tribune Business News
Nov 08, 2024

Drive-thru coffee shop smashes records, dog wellness center holds grand opening in Naperville
A national coffee chain is breaking records with the launch of its first Naperville location. But that's not the only local debut making its mark on the city this fall, with a new cannabis dispensary due to open later this month, a dog grooming business opening its doors Friday and a Wheaton orthodontist expanding its offices.

Chicago Tribune Business News
Nov 08, 2024

Beehives, solar, megabatteries, plastic foam recycling: Glenview's Abt goes green
The buzz at Abt: Honey bees and recycling ‘Anything that the company can do to share nature with people, that's what it's about'   The latest buzz at Abt in Glenview is what's new at 1200 N. Milwaukee Ave., be it graffiti exterior pop art or the funky new wall of 24 older televisions of chunky sizes installed at an outside entrance and displaying changeable TV screen images. Indoors, consumers can shop for the thinnest versions of the latest televisions. Or, cumbersome television sets of 1990s yesteryear can be found at Abt's Recycling Center where machinery helps human hands do […]

Chicago Tribune Business News
Nov 08, 2024

Starbucks holiday food and drinks return: Here's what's on the menu
Coffee company Starbucks has officially brought back its holiday offerings to the menu, accompanied by a handful of new drinks and foods for the season.

Chicago Tribune Business News
Nov 08, 2024

Rivian opens second Chicago-area showroom at north suburban Old Orchard shopping center
The 3,500-square-foot space, tucked in next to a Levi's store and mall anchor Macy's at the nexus of the shopping promenade, quietly opened two weeks ago.

Chicago Tribune Business News
Nov 08, 2024

Winnetka mansion will be listed for $16M, becoming the latest in a string of high-dollar homes for sale
Built in 2020 by builder Scott Lyon & Co. and designed by architect Paul Konstant, the mansion sits on the site of a mansion that was built in 1991 for the late philanthropists Ann and Robert Lurie.

Chicago Tribune Business News
Nov 07, 2024

About 1,100 workers at Toledo, Ohio, Jeep plant face layoffs as company tries to reduce inventory
About 1,100 workers at the Stellantis Jeep factory in Toledo, Ohio, are facing layoffs early next year as the company takes further steps to cut high inventory at dealerships.

Chicago Tribune Business News
Nov 07, 2024

South suburban casino eyes Nov. 11 opening, pending final state approval
With just five days until its tentative planned opening, a south suburban casino is still awaiting final state approval before it can open its doors to the public. Wind Creek Hospitality officials said Thursday they still aim to open Monday, though that timeline is contingent on final approval from the Illinois Gaming Board. "We have to prove that we're competent casino operators and, if we do, I think we'll get the green light to open on a date that we want," said Roger Kuehn, executive vice president and general manager of Wind Creek Chicago Southland. "And my preferred date is […]

Chicago Tribune Business News
Nov 07, 2024

Federal Reserve cuts key interest rate by a quarter-point amid postelection uncertainty
The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump's presidential election victory this week.

Chicago Tribune Business News
Nov 07, 2024

Here's what this year's Starbucks holiday cups look like
The holidays officially begin this week — at least at Starbucks — when the coffee chain rolls out its annual seasonal cups.

Chicago Tribune Business News
Nov 07, 2024

Skokie-based lab tackles climate change, pollution, clean water
There are no easy solutions to the world's biggest problems like climate change, air pollution and providing clean drinking water for everyone. But a new state-of-the-art laboratory in Skokie is dedicated to addressing them through a new generation of materials, products and techniques. The nonprofit UL Research Institutes, a world leader in safety science, opened the doors of its newest facility in Skokie on September 12. The 19,366-square-foot Material Discoveries Research Institute (MDRI), located in the Illinois Science Technology Park at 8045 Lamon Ave., is designed to be one of the world's top facilities for research involving energy creation […]

Chicago Tribune Business News
Nov 07, 2024

Uptown 6-bedroom home with an office that has sliding barn doors: $1.35M
Address: 1633 W. Winona St., Chicago Price: $1,350,000 Listing date: Sept. 26, 2024 This former two-flat is now a six-bedroom, three-and-a-half bathroom home with restored vintage woodwork, a new roof, windows, plumbing, walls and a two-car garage. On the first floor is an open floor plan dining area and living space with a quartz breakfast […]

Chicago Tribune Business News
Nov 06, 2024

Grayslake mansion listed for nearly $10M
Known as Eagle Nest Manor, the estate long has been owned by Michele Giambrone and her late husband William, who cofounded Platinum Home Mortgage.

Chicago Tribune Business News
Nov 06, 2024

4Front Ventures opens Illinois' largest cannabis cultivation facility in Matteson, kicking off major expansion
4Front Ventures opens its cannabis cultivation facility in Matteson, supporting the production of more than 10 in-house brands.

Chicago Tribune Business News
Nov 06, 2024

Stocks and bitcoin jump after Donald Trump's victory. So do worries about inflation as Dow surges 1,300.
The U.S. stock market, Elon Musk's Tesla, banks and bitcoin are storming higher as investors bet on what Donald Trump's return to the White House will mean for the economy and world.

Chicago Tribune Business News
Nov 06, 2024

Economic opportunity or environmental burden? Massive real estate project proposed for Southeast Side ignites debate
A development group backed by the Ozinga family wants to burrow several hundred feet beneath a contaminated former steel mill site and create a six million-square-foot underground storage facility called the Invert.

Chicago Tribune Business News
Nov 06, 2024

Massive real estate project proposed for Southeast Side ignites debate about whether the concept represents economic opportunity or environmental burden
A development group backed by the Ozinga family wants to burrow several hundred feet beneath a contaminated former steel mill site and create a six million-square-foot underground storage facility called the Invert.

Chicago Tribune Business News
Nov 06, 2024

Massive real estate project proposed for Southeast Side ignites debate about whether the concept represents economic opportunity or environmental racism
A development group backed by the Ozinga family wants to burrow several hundred feet beneath a contaminated former steel mill site and create a six million-square-foot underground storage facility called the Invert.

Chicago Tribune Business News
Nov 05, 2024

Independent grocery Frank's Freshway Market takes over the Butera store in South Elgin
Frank's Freshway Market customers shouldn't be surprised if they spot co-owner Frank Casaccio stocking shelves at the new South Elgin grocery store that occupies the former Butera Market location. It's just part of the job when you're an independence grocer.

Chicago Tribune Business News
Nov 05, 2024

Amazon employees challenge 5-day-a-week office return
The new policy requires workers to be in the office five days a week, an increase from the current three-day-a-week mandate that has been in place since May 2023.

Chicago Tribune Business News
Nov 05, 2024

Chef alumni of Everest to gather in Western Springs for ‘love letter' to Jean Joho
Chef Paul Virant is joining kitchen luminaries who worked at Everest for a tribute to Chef Jean Joho and his iconic Chicago restaurant.

Chicago Tribune Business News
Nov 05, 2024

Spurred by the ‘oat mafia,' the familiar grain makes a comeback in Minnesota
Minnesota was once a golden land of oat farmers. Rotated with corn and soybean on small diversified farms stretching from Wisconsin to the Dakotas, oats were traded as early as 1877 on the Chicago Board of Trade.

Chicago Tribune Business News
Nov 05, 2024

Glencoe 6-bedroom home with conservatory and pond: $3.6M
Address: 608 Stonegate Terrace, Glencoe Price: $3,595,000 This six-bedroom stone and clapboard home in Glencoe has a first floor primary suite with two walk-in closets, an en suite bath with Calacatta marble details, and pickled pine wood in an office that opens to a patio. The house also has seven full bathrooms and two half-baths. […]

Chicago Tribune Business News
Nov 05, 2024

Boeing factory workers vote to accept contract and end more than 7-week strike
Unionized machinists at Boeing voted Monday to accept a contract offer and end their strike after more than seven weeks, clearing the way for the aerospace giant to resume production of its bestselling airliner and generate much-needed cash.

Chicago Tribune Business News
Nov 04, 2024

Boeing machinists hold contract vote that could end 7-week strike
Unionized factory workers at Boeing were voting Monday whether to accept a contract offer or to extend their strike, which has lasted more than seven weeks and shut down production of most Boeing passenger planes.

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