Business

Business news, from Chicago’s largest corporations to local small businesses, including consumer watchdog reports and updates from industries like technology and retail.

Noah Bookbinder, president of Citizens for Responsibility and Ethics in Washington, said in a letter to the FBI and Justice Department that it’s possible the loan, connected to the development of the Trump International Hotel and Tower in Chicago, may be “nonexistent.”
In an open letter, staff cited work-life imbalance, financial struggles and lack of communication from management, among other grievances, as reasons for unionizing.
Before sentencing Helen G. Caldwell, U.S. District Judge Matthew Kennelly said, “The only difference between Ms. Caldwell and a bank robber is that she didn’t have a mask and a gun.”
Marlene Hopkins should have been disciplined for her role overseeing the botched Hilco demolition of the former Crawford power plant in 2020, a watchdog report said. On Wednesday, nearly two dozen alderpersons praised the new top buildings official.
The company, known for its ice cream stores and milk packaged in glass bottles, recently filed for Chapter 11 bankruptcy.
Philip Clement, who succeeds Michael Fassnacht, is tasked with promoting Chicago as a destination for businesses.
The company said Chris Crane will be remembered for his “transformational milestones” on safety and equity, specifically related to his work in the nuclear energy field.
Things went sideways in the Finance Committee, and Ald. Pat Dowell, the committee chair, recessed the meeting until Wednesday, telling the Sun-Times she hopes the committee will vote then.
There are a few ways to make sure you have enough coverage before a car accident puts you at risk.
The North Aurora-based company, known for its ice cream and milk in glass bottles, filed a voluntary petition for Chapter 11 bankruptcy protections in the Northern District of Illinois, court records show.
Since the 1990s, countless shoppers have scored eye-popping deals on a range of goods found in giant cardboard boxes and on warehouse-style shelves.
The new required pricing labels are modeled on nutritional labels and are meant to help consumers comparison shop and avoid junk fees.
If the White Sox succeed in getting the city and state to build them a new home on ‘The 78' site in the South Loop, this little-known Iraqi-British billionaire stands to profit.
A substitute ordinance brings more transparency to Johnson’s $1.25 billion housing and economic development plan — but also led to questions from City Council members about what should be subject to Council approval.
Last year, Illinois ranked eighth in the country in dog bite claims. Insurance companies paid more than $61.8 million for 837 dog-related injury claims, with an average payout of $73,797.
BP, Chevron, ConocoPhillips, Exxon Mobil and Shell argued city’s case belongs in U.S. District Court. A legal expert predicts it will move back to Cook County Circuit Court.
Union members picketed at 17 airports worldwide, including O’Hare, a week after the Chicago-based airline reported that executives received large pay hikes.
Kove, a West Loop technology company, alleged in a 2018 lawsuit that Amazon Web Services used its patented technology as a building block for its hugely profitable cloud services.
The FDA said nothing about the payments from the North Chicago company when the panel met to assess new technology, a “breakthrough device” for which the agency “may be willing to accept greater uncertainty” when considering risks and benefits.
The governor announced the second phase of the Illinois Grocery Initiative, which includes a round of grant funding for new grocers in food deserts.