The Chicago area was spared in the latest round of store closings announced by J.C. Penney Co. The struggling retailer says it will close about 40 stores this year and cut about 2,250 jobs as it tries to improve its profitability.
McDonald’s Happy Meals will come with a children’s book beginning Friday. McDonald’s is working with Reading is Fundamental and HarperCollins Children’s Books on the project, which expects to distribute 17 million books to families in the United States.
The Obama administration said Thursday it is fining Honda $70 million — the largest civil penalty levied against an automaker — for not reporting to regulators some 1,729 complaints that its vehicles caused deaths and injuries, and for not reporting warranty claims.
Tribune moving suburban staff to Freedom Center [Chicago Tribune]