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Chicago Tribune Business News
Aug 10, 2020

Stocks rise on Wall Street; S&P 500 within 1% of record
Stocks rose on Wall Street after shrugging off a bumpy start Monday, nudging the S&P 500 within striking distance of its all-time high set in February.

Chicago Tribune Business News
Aug 10, 2020

US employers post more jobs in June, pull back on hiring
U.S. employers advertised more jobs in June compared with the previous month, but overall hiring fell, painting a mixed picture of the job market.

Chicago Tribune Business News
Aug 10, 2020

Get iPhones to unlock even if user wearing mask, NYC transit agency urges Apple
New York's mass transit agency wants Apple to come up with a better way for iPhone users to unlock their phones without taking off their masks, as it seeks to guard against the spread of the coronavirus in buses and subways.

Chicago Tribune Business News
Aug 10, 2020

Downtown businesses on edge after this morning's looting, vandalism. ‘I feel like we are under attack.'
Downtown business owners still struggling during the coronavirus pandemic were scrambling to board up broken windows and take stock of damage after a wave of vandalism and looting early Monday morning.

Chicago Tribune Business News
Aug 10, 2020

McDonald's sues ousted CEO Steve Easterbrook, alleging he hid sexual relationships with three employees
McDonald's is suing Steve Easterbrook, the CEO it ousted last year over an inappropriate relationship with an employee, alleging that he covered up sexual relationships with three other workers.

Chicago Tribune Business News
Aug 10, 2020

Wisconsin-based Epic Systems backpedals, makes return to office voluntary amid coronavirus concerns
Epic Systems has told its employees they will not be required to return to in-person work on Monday at the health care records company based in Wisconsin.

Chicago Tribune Business News
Aug 10, 2020

Downtown businesses on edge after this morning's looting, vandalism. ‘It's definitely a setback.'
Downtown business owners still struggling during the coronavirus pandemic were scrambling to board up broken windows and take stock of damage after a wave of vandalism and looting early Monday morning.

Chicago Tribune Business News
Aug 10, 2020

Around the world, the pandemic is wrecking Class of 2020's hopes for landing a first job
Young people worldwide with new degrees, diplomas and professional qualifications are struggling to enter the workforce as the coronavirus pushes the global economy into recession.

Chicago Tribune Business News
Aug 10, 2020

Around the world, the pandemic is wrecking the Class of 2020's hopes for landing a first job
Young people worldwide with new degrees, diplomas and professional qualifications are struggling to enter the workforce as the coronavirus pushes the global economy into recession.

Chicago Tribune Business News
Aug 10, 2020

Mexico tourism website errors turn Tulum into ‘Jumpsuit' and Ciudad Madero into ‘Log.'
A bad week for Mexican tourism promotion got worse Friday when the English language version of the country's tourism website appeared with hilarious mistranslations.

Chicago Tribune Business News
Aug 10, 2020

‘Don't rock the boat with Boeing.' In survey, FAA employees who monitor airplane makers report feeling pressured.
Federal employees overseeing Boeing and other aircraft makers say they face pressure from the companies and fear retribution from their own bosses if they raise too many safety concerns, according to a survey of the workers that was delivered to Congress on Friday.

Chicago Tribune Business News
Aug 10, 2020

McDonald's sues ousted CEO Steve Easterbrook, alleging he hid other employee relationships
McDonald's is suing Steve Easterbrook, the CEO it ousted last year over an inappropriate relationship with an employee, alleging that he covered up sexual relationships with three other workers.

Chicago Tribune Business News
Aug 08, 2020

Coronavirus aid updates: Trump bypasses Congress and signs executive orders on $400-a-week unemployment benefit, deferral of payroll tax, federal student loans
The executive orders could face legal challenges questioning the president's authority to spend taxpayer dollars without the express approval of Congress.

Chicago Tribune Business News
Aug 08, 2020

Coronavirus aid updates: Trump signs executive orders for $400-a-week unemployment benefit, deferral of payroll tax and federal student loan payments
The president bypasses the nation's lawmakers as he claimed the authority to defer payroll taxes and replace an expired unemployment benefit with a lower amount after negotiations with Congress on a new coronavirus rescue package collapsed.

Chicago Tribune Business News
Aug 08, 2020

Coronavirus aid updates: Trump signs executive orders deferring payroll taxes for some Americans, extending unemployment benefits
President Donald Trump signs executive orders extending unemployment benefits after negotiations on a new coronavirus rescue package collapsed.

Chicago Tribune Business News
Aug 08, 2020

Second stimulus check updates: Trump says he's considering executive action on unemployment benefits, protections for preexisting conditions (which already exist)
President Donald Trump said he will be pursuing executive orders over coronavirus aid (and something Obamacare already does).

Chicago Tribune Business News
Aug 07, 2020

Read the complaint against Twin Peaks
Read the complaint filed by a group of former employees of Twin Peaks alleging their uniforms and a system for grading their bodies amounted to sex discrimination and harassment.

Chicago Tribune Business News
Aug 07, 2020

Twin Peaks hit with federal lawsuit alleging lingerie uniforms, body grading system led to ‘rampant sexual harassment'
A group of 34 former employees of Twin Peaks, a restaurant chain with scantily clad waitstaff, filed a federal lawsuit Thursday alleging their uniforms and a system for grading their bodies amounted to sex discrimination and harassment.

Chicago Tribune Business News
Aug 07, 2020

Second stimulus check updates: Coronavirus relief talks collapse; no new aid for millions of jobless Americans
A last-ditch effort by Democrats to revive collapsing Capitol Hill talks on vital COVID-19 rescue money ended in disappointment on Friday.

Chicago Tribune Business News
Aug 07, 2020

Jury trial date set for case alleging former Outcome Health executives ran $1 billion fraud scheme
A date has been set for a jury trial in a federal court case alleging former Outcome Health executives ran a $1 billion fraud scheme at the Chicago-based company.

Chicago Tribune Business News
Aug 07, 2020

Another McCormick Place trade show cancels, bringing total number of scrapped events to 145
A packaging technology trade show that draws tens of thousands of attendees to Chicago every other year has canceled its in-person gathering due to the coronavirus pandemic.

Chicago Tribune Business News
Aug 07, 2020

Second stimulus check updates: Coronavirus relief talks collapse, no new aid for millions of jobless Americans
A last-ditch effort by Democrats to revive collapsing Capitol Hill talks on vital COVID-19 rescue money ended in disappointment on Friday.

Chicago Tribune Business News
Aug 07, 2020

Former Tribune Publishing CEO to take helm of McClatchy when that newspaper chain emerges from bankruptcy
Former Tribune Publishing CEO Tony Hunter will take the helm of the McClatchy newspaper chain when it emerges from Chapter 11 bankruptcy under hedge fund owners.

Chicago Tribune Business News
Aug 07, 2020

The Paycheck Protection Program ends Saturday, and many small businesses are ‘looking for a Round Two'
Companies still struggling with sharply reduced revenue are wondering if Congress will give them a second chance at the Paycheck Protection Program, which ends Saturday after giving out 5.1 million loans worth $523 billion.

Chicago Tribune Business News
Aug 07, 2020

Marijuana is no longer a ‘dirty little secret.' Weed sales are soaring in Illinois, and the pandemic is helping.
Marijuana has emerged as the coping mechanism of choice for many during the coronavirus global health crisis and economic downturn.

Chicago Tribune Business News
Aug 07, 2020

New Sunnyside in Schaumburg
Illinois is more than seven months into recreational marijuana sales, and the growth in the industry is exceeding some expectations. The pandemic is driving demand, in part because some are using weed to help relieve the anxiety of a global health crisis and economic downturn. New dispensaries are also opening.

Chicago Tribune Business News
Aug 07, 2020

Second stimulus check updates: Trump team heads back to Capitol as negotiators launch last-ditch effort to revive coronavirus relief talks
Democratic leaders launched a last-ditch effort to revive collapsing Washington talks on vital COVID-19 rescue money.

Chicago Tribune Business News
Aug 07, 2020

Capital One fined $80 million over 2019 data breach
The U.S. Treasury Department has fined Capital One $80 million for careless network security practices that enabled a hack that accessed the personal information of 106 million of the bank's credit card holders.

Chicago Tribune Business News
Aug 07, 2020

Q&A: Cineworld CEO on re-opening Regal theaters in U.S.
Greidinger spoke to The Associated Press about their plans, reopening internationally (Cineworld is the second-largest theater chain in the world) and why he's optimistic about the future.

Chicago Tribune Business News
Aug 07, 2020

Second stimulus check updates: Coronavirus relief talks on the brink of collapse as sides ‘still very far apart' and no meetings set for Friday
Washington talks on vital COVID-19 rescue money are teetering on the brink of collapse after a marathon meeting in the Capitol.

Chicago Tribune Business News
Aug 07, 2020

Admiral Theatre strip club files First Amendment lawsuit over local amusement tax. ‘It's as if this law was designed to put us out of business.'
After getting a bill for $3 million in back taxes, the Admiral Theatre is suing Chicago and Cook County, alleging their amusement taxes were unconstitutional for charging adult entertainment venues while exempting other small theaters.

Chicago Tribune Business News
Aug 07, 2020

Drugmaker AbbVie will pay $24 million to settle fraud lawsuit over Humira marketing
Pharmaceutical giant AbbVie, based in Chicago's northern suburbs, has agreed to a $24 million settlement that will require it to change its marketing practices for its immunology drug Humira.

Chicago Tribune Business News
Aug 07, 2020

How ownership of Tribune Publishing -- the parent company of the Chicago Tribune -- has changed since 2006
A look back at the billionaire owners, company name changes and industry reactions to the sweeping leadership changes at Tribune Publishing.

Chicago Tribune Business News
Aug 07, 2020

Unemployment falls to 10.2% as US adds 1.8 million jobs, though hiring has slowed
The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is stalling hiring and slowing an economic rebound.

Chicago Tribune Business News
Aug 07, 2020

Second stimulus check updates: Sides ‘still very far apart' and no meetings set for Friday as coronavirus relief talks in danger of collapse
Washington talks on vital COVID-19 rescue money are teetering on the brink of collapse after a marathon meeting in the Capitol.

Chicago Tribune Business News
Aug 06, 2020

Tribune Publishing in talks to leave Prudential Plaza offices
The Chicago Tribune's offices could be on the move for the second time in less than years, as the newspaper's parent company seeks an exit from Prudential Plaza amid the coronavirus pandemic. Tribune Publishing is in talks with Prudential Plaza owner Sterling Bay for a buyout of its approximately 137,000-square-foot lease in the two-tower office complex overlooking Millennium Park.

Chicago Tribune Business News
Aug 06, 2020

Illinois is extending unemployment benefits by 20 weeks. Meanwhile, some gig workers are learning they've been overpaid.
Illinois extended jobless benefits another 20 weeks as laid off workers continued to struggle with the claims process, including some who say they have to return funds because they were overpaid.

Chicago Tribune Business News
Aug 06, 2020

Uber lost $1.8B in second quarter as passengers stayed home, ordered meal delivery
Ride-hailing giant Uber brought in $2.24 billion in revenue during the second quarter, down 27% from the same time last year. Its Eats delivery business brought in $1.21 billion, up 103% from last year's second quarter.

Chicago Tribune Business News
Aug 06, 2020

Day care chain Bright Horizons buys Sittercity as parents scramble for child care and tutoring during pandemic
With families scrambling for child care options, day care company Bright Horizons is purchasing Chicago-based Sittercity, an online platform that matches people with child care providers.

Chicago Tribune Business News
Aug 06, 2020

Map: Where to buy legal weed in Chicago and across Illinois
Now that recreational pot is legal in Illinois, these are the places that are able to sell it.

Chicago Tribune Business News
Aug 06, 2020

Millions of Americans thrown out of work because of the coronavirus endure loss of $600 aid: ‘My worst nightmare is coming true'
Millions of Americans thrown out of work because of the coronavirus are straining to afford the basics now that an extra $600 a week in federal unemployment benefits has expired.

Chicago Tribune Business News
Aug 06, 2020

Day care chain Bright Horizons buys Sittercity as parents scramble for child care and school tutoring during pandemic
With families scrambling for child care options as schools opt for remote learning this fall, day care company Bright Horizons is purchasing Sittercity, an online platform that matches people with child care providers.

Chicago Tribune Business News
Aug 06, 2020

Bright Horizons buys Chicago-based Sittercity as parents scramble for in-home child care and tutoring
With families scrambling for child care options as schools opt for remote learning this fall, day care company Bright Horizons is purchasing Sittercity, an online platform that matches people with child care providers.

Chicago Tribune Business News
Aug 06, 2020

‘This is really devastating.' Airline workers face tough decisions on whether to exit or hold on through COVID-19 pandemic.
The future of flying is starting to take shape at major airlines, and it looks bleak for employees. Airline executives say traffic will be down 30% in the fall, and some predict it'll take at least three years for travel to rebound to 2019 levels.

Chicago Tribune Business News
Aug 06, 2020

‘This is really devastating.' Airline workers wrestle with whether to stay through COVID-19 pandemic.
The future of flying is starting to take shape at major airlines, and it looks bleak for employees. Airline executives say traffic will be down 30% in the fall, and some predict it'll take at least three years for travel to rebound to 2019 levels.

Chicago Tribune Business News
Aug 06, 2020

With tourism in the tank, Cuba looks to free-market reforms to boost private enterprise
With its airports closed to commercial flights and its economy tanking, Cuba has launched the first in a series of long-promised reforms.

Chicago Tribune Business News
Aug 06, 2020

FAA seeks to fine Boeing $1.25 million over pressure on safety workers
The Federal Aviation Administration said that over a nearly two-year period, Boeing managers pressured employees to inspect a plane before it was ready, harassed inspectors to speed up, and threatened to replace them.

Chicago Tribune Business News
Aug 06, 2020

1.2 million seek unemployment aid after $600 federal pandemic boost ends
The Labor Department's report marked the 20th straight week that at least 1 million people have sought jobless aid, as nearly 1.2 million laid-off Americans applied for state unemployment benefits last week.

Chicago Tribune Business News
Aug 06, 2020

Early 2021 groundbreaking planned for $6 billion Lincoln Yards megadevelopment on North Side
The $6 billion Lincoln Yards megadevelopment is expected to be under construction by early next year, as developer Sterling Bay moves closer to filling up a nearby biotech research facility on Chicago's North Side. Sterling Bay plans to break ground on an eight-story, 320,000-square-foot office and laboratory facility along the Chicago River by early 2021, at the south end of the 55-acre former industrial site.

Chicago Tribune Business News
Aug 05, 2020

Chicago nurses join national day of action over PPE, federal assistance
Joining hundreds of protests by unionized nurses across the country, nurses marched at two Chicago hospitals Wednesday to demand full personal protective equipment in their facilities and action from the federal government.

Chicago Tribune Business News
Aug 05, 2020

7,000 Chicago hotel workers could lose health insurance by end of September
Some 7,000 Chicago hotel workers who remain laid off due to the pandemic risk losing their health insurance at the end of September unless the hotels step up, their union said Wednesday.

Chicago Tribune Business News
Aug 05, 2020

New University of Chicago center will collect thousands of X-rays, CT scans to aid with COVID-19 research
University of Chicago Medicine will be home to a new, massive database of medical images from COVID-19 patients that researchers can use to better understand and fight the illness, with support from a $20 million federal grant.

Chicago Tribune Business News
Aug 05, 2020

From child care stipends to flexible schedules, companies aim to help parents juggle remote learning and work again this fall
With many child care centers closed, companies are offering everything from nanny reimbursements to online activity clubs to keep employees productive and their kids engaged.

Chicago Tribune Business News
Aug 05, 2020

The school year is starting with many students at home. Some companies are throwing working parents a lifeline.
With many child care centers closed, companies are offering everything from nanny reimbursements to online activity clubs to keep employees productive and their kids engaged.

Chicago Tribune Business News
Aug 05, 2020

The school year is starting with more remote learning. Some companies are throwing working parents a lifeline.
With many child care centers closed and schools planning remote learning, employers are offering everything from nanny reimbursements to online activity clubs to keep workers productive and their kids engaged.

Chicago Tribune Business News
Aug 05, 2020

The school year is starting with remote learning. Some companies are throwing working parents a lifeline.
With many child care centers closed and schools planning remote learning, employers are offering everything from nanny reimbursements to online activity clubs to keep workers productive and their kids engaged.

Chicago Tribune Business News
Aug 05, 2020

16 Republican senators back more payroll aid for airlines, plus support for Boeing
A group of 16 Republican senators has endorsed giving more money to airlines to avoid layoffs right before the November election, giving a boost to a lobbying effort by airlines and their unions.

Chicago Tribune Business News
Aug 05, 2020

‘I am feeling that this is the end of my career.' Millions of US jobs are gone for good.
It's becoming evident that millions of Americans face the prospect of a permanent job loss that will force some to seek work with new industries or in new occupations.

Chicago Tribune Business News
Aug 05, 2020

Marijuana industry group to Pritzker: Help weed entrepreneurs stuck in limbo
An association representing Illinois marijuana companies sent a letter to Gov. J.B. Pritzker last week asking the state to help applicants who have been waiting to find out if they'll be awarded one of the long-delayed licenses needed to open a weed business.

Chicago Tribune Business News
Aug 05, 2020

Livongo, remote health monitoring company with Chicago ties, to be acquired by Teladoc for $18.5 billion
Teladoc Health plans to dive deep into managing the health of patients with diabetes and high blood pressure with a cash-and-stock deal for Livongo Health that's expected to close later this year.

Chicago Tribune Business News
Aug 05, 2020

American Airlines pilots can work every other month or take leave to avoid job cuts
American Airlines has reached a deal with its pilots' union designed to reduce the number of job losses in October as the airline shrinks because fewer people are flying during the pandemic.

Chicago Tribune Business News
Aug 05, 2020

Telemedicine provider Teladoc buying Livongo Health for $18.5 billion
Teladoc Health plans to dive deep into managing the health of patients with diabetes and high blood pressure with a cash-and-stock deal for Livongo Health that's expected to close later this year.

Chicago Tribune Business News
Aug 05, 2020

Will movie theaters survive? Cinemark lost $170 million last quarter, but it's optimistic.
Cinemark's revenue in the first half of 2020 was roughly a third of what the company reported in 2019, or $552.6 million compared to $1.67 billion.

Chicago Tribune Business News
Aug 05, 2020

Deep red Missouri becomes 38th state to approve Medicaid expansion under Obamacare
Voters made Missouri the 38th state to approve expanding Medicaid health care coverage to thousands more low-income adults.

Chicago Tribune Business News
Aug 05, 2020

CVS posts strong earnings as delayed elective procedures cut benefit costs at Aetna
CVS Health reported surprisingly strong second-quarter earnings as people postponed elective medical procedures during the pandemic, and it raised its profit expectations for the year.

Chicago Tribune Business News
Aug 05, 2020

US companies pulled back on hiring in July, ADP payroll report says
U.S. businesses sharply reduced hiring last month suggesting that the resurgent viral outbreak this summer slowed the economic recovery as many states closed parts of their economies again and consumers remained cautious about spending.

Chicago Tribune Business News
Aug 05, 2020

Virgin Atlantic, 49% owned by Delta, files for US bankruptcy protection
Virgin Atlantic, the airline founded by British businessman Richard Branson, has filed for protection in U.S. bankruptcy court as it tries to survive the virus pandemic that is hammering the airline industry.

Chicago Tribune Business News
Aug 04, 2020

Wisconsin-based Epic Systems ordering its 9,000-plus workers back to the office, though some employees fear ‘untold deaths'
Epic Systems is requiring its 9,000-plus employees to return to work in person at its sprawling campus outside of Madison by Sept. 21. The health software company is one of the first large employers in the state to no longer give employees the choice of working from home.

Chicago Tribune Business News
Aug 04, 2020

Wisconsin-based Epic Systems ordering its 9,000-plus workers back to the office, though some workers fear ‘untold deaths'
Epic Systems is requiring its 9,000-plus employees to return to work in person at its sprawling campus outside of Madison by Sept. 21. The health software company is one of the first large employers in the state to no longer give employees the choice of working from home.

Chicago Tribune Business News
Aug 04, 2020

What if the bride says no masks? Wedding photographers, planners face coronavirus rule-breakers.
Now that weddings have slowly cranked up under a patchwork of state and local coronavirus restrictions, horror stories from vendors are rolling in. Many are desperate to work, but no-mask weddings with no social distancing have been the talk of online groups for vendors around the country.

Chicago Tribune Business News
Aug 04, 2020

Airlines quietly pushing for more federal aid to save jobs
Airlines have begun meeting with congressional and White House leaders to extend federal aid to help the slowly recovering industry cover payrolls for another six months.

Chicago Tribune Business News
Aug 04, 2020

Column: Pandemic forces Open House Chicago to shift to exterior and online tours
Open House Chicago expands architecture tours to 10 days, but shifts to online and outdoor format.

Chicago Tribune Business News
Aug 04, 2020

Booking.com laying off more than 4,000 workers as travel withers
Booking.com is laying off a quarter of its workforce with the global pandemic snuffing out travel. Layoffs will begin next month and run through the end of the year.

Chicago Tribune Business News
Aug 04, 2020

State Farm gave big credits to drivers during the pandemic. Customers of Allstate, Geico and other insurers are now suing for larger premium cuts.
Allstate and other large auto insurers are facing lawsuits alleging they failed to sufficiently reduce premiums to Illinois policyholders as more drivers stay off the road during the coronavirus pandemic.

Chicago Tribune Business News
Aug 04, 2020

Ford Chief Operating Officer Jim Farley to take top post as CEO Jim Hackett retires
Ford Chief Operating Officer Jim Farley will lead the storied automaker into the future starting Oct. 1 when current CEO Jim Hackett retires.

Chicago Tribune Business News
Aug 04, 2020

Back-to-school spending vital for retailers, but COVID-19 has families holding back. ‘People just don't know what they need.'
The pandemic has now dragged into the new school year, wreaking havoc on reopening plans. That has extended to the back-to-school shopping season, the second most important period for retailers behind the holidays.

Chicago Tribune Business News
Aug 04, 2020

Ford CEO Jim Hackett will retire, Chief Operating Officer Jim Farley to lead automaker
Ford Chief Operating Officer Jim Farley will lead the storied automaker into the future starting Oct. 1 when current CEO Jim Hackett retires.

Chicago Tribune Business News
Aug 04, 2020

FAA details the fixes needed for grounded Boeing 737 Max to return to service
Federal regulators have outlined a list of design changes they will require in the Boeing 737 Max to fix safety issues that were discovered after two deadly crashes grounded the jet.

Chicago Tribune Business News
Aug 03, 2020

University of Chicago engineers develop tool to protect your photos from facial recognition
A team of computer engineers at the University of Chicago has developed a tool that disguises photos with pixel-level changes that confuse facial recognition systems.

Chicago Tribune Business News
Aug 03, 2020

Lordstown Motors, an electric truck rival to Rivian and Tesla, gets GM investment and becomes publicly traded
Electric-truck maker Lordstown Motors is becoming a publicly traded company in a deal that will add $675 million to its coffers, funding production of the Lordstown Endurance all-electric light-duty pickup.

Chicago Tribune Business News
Aug 03, 2020

Recreational marijuana sales reached almost $61 million in July, setting a record for the third month in a row
Illinois marijuana shops sold almost $61 million in recreational weed in July, shattering the previous record by $13.4 million.

Chicago Tribune Business News
Aug 03, 2020

How TikTok's owner tried — and failed — to cross the US-China divide
The digital wall between China and the United States is proving to be higher than ever at this moment of widening conflict between the two countries.

Chicago Tribune Business News
Aug 03, 2020

Will you trust Google with your home security? The search giant is buying a stake in ADT.
Google is paying $450 million for a nearly 7% stake in longtime home and business security provider ADT.

Chicago Tribune Business News
Aug 03, 2020

In a sweeping lawsuit, 42 Chicago businesses seek insurance coverage for COVID-related business losses
In a sweeping lawsuit, prominent Chicago restaurant groups including Lettuce Entertain You and Gibsons are fighting their insurance carriers over denial of coverage for lost income related to COVID-19.

Chicago Tribune Business News
Aug 03, 2020

Here's which US retailers have sought bankruptcy protection in 2020
Following is a list of retailers that have sought bankruptcy protection in 2020.

Chicago Tribune Business News
Aug 03, 2020

Recreational marijuana sales reached almost $61 million in July, shattering previous record
Illinois marijuana shops sold almost $61 million in recreational weed in July, shattering the previous record by $13.4 million.

Chicago Tribune Business News
Aug 03, 2020

Lord & Taylor, Men's Wearhouse and Jos. A. Bank seek to close 10 Chicago-area stores as list of chains in bankruptcy continues to grow
Lord & Taylor and the owner of Men's Wearhouse and Jos. A. Bank became the latest retailers to seek bankruptcy protection and announce plans to close stores during the pandemic, including 10 in the Chicago area.

Chicago Tribune Business News
Aug 03, 2020

Hawthorne gets approval to build first Chicago-area racino; Arlington track looking to relocate
Hawthorne Race Course is moving forward with the Chicago area's first racino after getting preliminary approval Thursday from the Illinois Gaming Board to build a casino at its horse track in west suburban Stickney.

Chicago Tribune Business News
Aug 03, 2020

In-flight internet company Gogo lays off 14% of employees, citing continued damage to airline industry
In-flight internet company Gogo is laying off 143 workers, or about 14% of its staff, as the coronavirus pandemic continues to damage the airline industry.

Chicago Tribune Business News
Aug 03, 2020

New owners of Pier 1 Imports say online store is coming soon
Pier 1, which is winding down its bankruptcy, is still holding going-out-of-business sales at hundreds of stores, and that will continue well into the fall.

Chicago Tribune Business News
Aug 03, 2020

Pandemic cuts in restaurant work brings cooks back to butchering
Jeremy Dobson and Evan Meyer volunteered to become the test cases for one of Ricky Hanft's biggest ideas: an apprenticeship where cooks and chefs learn the art of butchering.

Chicago Tribune Business News
Aug 03, 2020

Federal PPP money is gone. COVID-19 still threatens America's restaurants. Now what?
Paycheck Protection Program money has now been spent at many restaurants, leaving them in the same precarious position they were in during outbreak's early days: Thousands of restaurants are being forced to close down again on mandates from state and local officials combating the virus's resurgence.

Chicago Tribune Business News
Aug 03, 2020

‘Got milk?' ads return as US milk sales rise during pandemic
Six years after the popular tagline was retired, "Got milk?" ads are back. A dairy industry-funded group is reviving the campaign, hoping to prolong the boost milk has gotten during the pandemic.

Chicago Tribune Business News
Aug 03, 2020

Purple Hotel site still on track for redevelopment despite pandemic, Lincolnwood officials say
Village of Lincolnwood officials said redevelopment of the Purple Hotel site is on track, though not much is happening currently on the site.

Chicago Tribune Business News
Aug 03, 2020

Parent of Men's Wearhouse, Jos. A. Bank files for bankruptcy, the latest retailer hit by COVID-19 pandemic
Tailored Brands is seeking bankruptcy protection, as is Lord & Taylor, America's oldest retailer, lengthening the list of major retail chains that have faltered in the pandemic.

Chicago Tribune Business News
Aug 02, 2020

Lord & Taylor files for bankruptcy as retail collapses pile up
Lord & Taylor, the floundering department store company that traces its roots to 1826, on Sunday became the latest retailer to file for bankruptcy protection as the coronavirus outbreak accelerates the demise of chains that were already teetering.

Chicago Tribune Business News
Aug 01, 2020

Microsoft in advanced talks to buy TikTok's U.S. operations, source says, as Trump says he'll act soon to ban video platform
Microsoft is in advanced talks to buy the U.S. operations of TikTok, the popular Chinese-owned video app that has been a source of national security and censorship concerns, according to a person familiar with the discussions.

Chicago Tribune Business News
Aug 01, 2020

Second stimulus check updates: Negotiators report progress as Trump, Republicans soften on opposition to $600 unemployment bump
With pressure rising, talks on a huge coronavirus relief measure resumed on Saturday, focused on restoring a $600-per-week unemployment benefit.

Chicago Tribune Business News
Aug 01, 2020

Leinenkugel's beer to retire logo featuring Native American woman
Leinenkugel's will no longer use an image of a Native American woman long associated with the Chippewa Falls-based brewery.

Chicago Tribune Business News
Aug 01, 2020

Second stimulus check updates: Trump, Republicans soften on opposition to $600 unemployment benefit
With pressure rising, talks on a huge coronavirus relief measure resumed on Saturday, focused on restoring a $600-per-week unemployment benefit.

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