United Parcel Service hopes to increase convenience for customers and cut down on repeat delivery attempts. [Fortune]
Sears said Wednesday it has significant financial flexibility to meet its obligations after a media report that a vendor stopped shipments.
Three former Boeing workers accused the company and a supplier of defrauding the U.S. government in a $1.6 billion airplane contract.
It was only a matter of time before the temple of hot dog gastronomy shifted gears to another favorite meat in a bun. [Entertainment]
A Morgan Stanley analyst on Wednesday cut his stock price target by $2 and reduced earnings estimates through 2016.
Kraft Group’s Philadelphia brand has created a bacon-flavored cream cheese that includes bacon bits. [Advertising Age]
The Northbrook-based insurance company is increasing rates for Illinois drivers for a second time this year. [Crain’s]
Citigroup Inc. and E*Trade Financial Corp. were attacked by the same hackers that breached JPMorgan, Bloomberg reports.
Shares of J.C. Penney Co. fell more than 10 percent after the retailer cut its outlook for the current quarter.
The rate of improvement in gas mileage is slowing as buyers shift back toward trucks and SUVs.
Flight 23 at Footaction, which sells Michael Jordan-branded shoes and clothing, plans to open at 34 S. State St. [Chicago Real Estate Daily]
Johnson Controls Inc. fired a consulting firm after learning one of its principals had an extramarital affair with CEO Alex Molinaroli.
Apple has sent invites to an event Oct. 16 during which it’s expected to show off new iPad models and an update to its Mac OS system.
The telecom giant was accused of unlawfully billing wireless customers for tens of millions of dollars in bogus charges, a practice known as cramming.
Nice-guy airline Virgin America has lost $400 million since 2007 while no-frills carriers Spirit and Allegiant post industry-leading profit margins.