Is McDonald’s ready to stretch its breakfast hours a little later? The Oak Brook fast-food chain has applied to trademark “McBrunch,” a word that would apply to a time of day that runs later than 10:30 a.m.
Credit-rating agency Fitch Ratings on Wednesday downgraded Sears Holdings, citing the retailer’s declining profits and negative cash flow. Fitch says Sears’ funding options might not be enough to keep the company going 2016.
Baxter International Inc. has picked the name Baxalta Inc. for the biopharmaceutical company it expects to spin off into a separate company next year.
American Airlines flight attendants now carry tablet computers instead of the 5 pound paper manuals. The airline says the change will save $300,000 a year in printing and shipping costs and possibly $650,000 a year in fuel costs.
The average annual premium for employer-sponsored family heath coverage rose 3 percent to to $16,834 this year, continuing its moderate climb higher. Employees’ share of the cost averaged $4,823 this year.
Chicago Spire developer Garrett Kelleher received bankruptcy court permission Wednesday to talk with other potential investors about reviving the project.
IFly Holdings LLC wants to build an indoor skydiving center near the former Cabrini-Green public housing high-rises.
The Inland Real Estate Group of Companies Inc. will be the first member of the Chicago Association of Realtors Corporate Hall of Fame.
A Delaware bankruptcy judge is allowing Trump Entertainment Resorts, which owns two Atlantic City casinos, to continue operations. For now.
Shares of Home Depot were under pressure Wednesday as the home improvement retailer contends with the fallout of a data breach at its more than 2,000 U.S. and Canadian stores.
Lands’ End Inc. reported net income increased 4.9 percent to $11.8 million in its fiscal second quarter. The clothing retailer was spun off from Sears Holdings Corp. in April.
Not even a month after flatly rejecting a takeover bid by two Brazilian companies, Chiquita softened its stance and will open its books to investment firm Safra Group and Cutrale Group, a juice company. The move calls into question Chiquita’s pending merger with Irish fruit company Fyffes.
Internet search company Google is providing $145 million in financing to help SunEdison convert a one-time oil field into a solar power plant north of Los Angeles.
China’s premier promised Wednesday to open the world’s No. 2 economy wider to foreign companies, promising favorable conditions despite a wave of anti-monopoly investigations that business groups say might be aimed at limiting competition.
Dollar General is going hostile with its $9.1 billion bid for Family Dollar after its rival repeatedly rejected previous offers. The discount chain has commenced an open offering to investors of Family Stores Dollar Inc.