Business News - Chicago Tribune

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Love it or hate it, self-checkout is here to stay. But it’s going through a reckoning

Self-checkout, first tested in supermarkets in the late 1980s, gained momentum 20 years ago. But grocers ramped it up even more three years ago to address the pandemic-induced severe labor shortages.

December 18, 2023

Oak Lawn bowling alley, pub to serve drinks earlier

Business were losing customers to neighboring communities that serve earlier.

December 17, 2023

Ex-Bears player Tom Waddle buys Long Grove mansion

The purchase came more than five months after Waddle and his wife sold their five-bedroom mansion in Lake Forest for $3.1 million.

December 17, 2023

Evictions in Cook County have caught up to pre-pandemic levels. The lack of affordable housing and rising costs are to blame, experts say

This is the first year since the pandemic that the number of enforced evictions — those that are carried out by the sheriff’s office under a court order — at residential rental properties in Cook County have caught up to 2019 levels.

December 17, 2023

Federal Reserve on cusp of what some thought impossible: Defeating inflation without steep recession

The Federal Reserve now seems on the verge of defeating inflation — and without the surge in unemployment and the deep recession that many economists had predicted would accompany it.

December 16, 2023

Snowflakes, candy canes and 36,000 LED lights: The making of the CTA holiday fleet

The CTA holiday train and bus are returning to seasonal glory after quiet pandemic years, running without passengers in 2020 and without Santa in 2021.

December 16, 2023

Illinois regulators reject record rate increase requests from ComEd and Peoples Gas

Both decisions will hold down rate increases for Chicago-area gas and electric customers entering 2024, while putting more pressure on the utilities to justify infrastructure improvements going forward.

December 14, 2023

West Dundee expects to complete purchase of Spring Hill Mall by February, village president says

If all goes as planned, the village of West Dundee will own almost all of Spring Hill Mall before winter’s end, Village President Chris Nelson said.

December 14, 2023

Federal regulators seek to force Starbucks to reopen 23 stores, including one in Chicago

Federal labor regulators accused Starbucks on Wednesday of illegally closing 23 stores to suppress organizing activity and sought to force the company to reopen them.

December 14, 2023

University of Illinois foundation pays $1.32M for combined condo unit in Chicago’s Harbor Point building

The University of Illinois Foundation now owns three separate residential properties in Chicago.

December 14, 2023

Chesterbrook Academy preschool closing one of its two Naperville locations after 25 years

After 25 years of serving southwest suburban communities, Chesterbrook Academy on South Naper Boulevard is shutting down. School officials say low enrollment is to blame.

December 14, 2023

Gary airport expands with purchase of Griffith-Merrillville Airport

The Gary/Chicago International Airport has acquired the nearby Griffith-Merrillville Airport in a $1.8 million deal.

December 13, 2023

Terry Savage: The gift of organization

The gift of financial peace of mind is priceless. And it all starts with organization. Instead of waking up in the middle of the night worried about money and bills, wouldn’t it be amazing to feel in control of your finances?

December 13, 2023

Google to reconstruct Thompson Center starting early next year, but will keep atrium

Historic preservationists who fought to save the Helmut Jahn-designed building from the wrecking ball praised the development team.

December 13, 2023

Yellow Line operator tried to brake before crashing into a snowplow on the tracks, preliminary NTSB report shows

The report from the National Transportation Safety Board provides more details about the moments that led up to the Nov. 16 crash.

December 12, 2023

Luxury retail store in West Loop targeted for fourth time this year with latest smash-and-grab

In the latest robbery, Chicago police say around 3:11 a.m. a group of thieves hit the security gate and front door of the store at 171 N. Aberdeen St. with a Jeep SUV to gain entry.

December 12, 2023

Discover Financial names new CEO

Michael Rhodes, a former executive at TD Bank Group, will replace Roger Hochschild, who stepped down in August as the company navigated a potential enforcement action from federal regulators.

December 11, 2023

Epic Games wins antitrust lawsuit against Google over barriers to its Android app store

A federal court jury has decided that Google’s Android app store has been protected by anticompetitive barriers that have damaged smartphone consumers and software developers, dealing a blow to a major pillar of a technology empire.

December 11, 2023

In ‘Little Palestine,’ businesses closed to protest fighting in Gaza

Dozens of businesses and schools in and around Bridgeview, a center of Palestinian American life in the Chicago area, closed their doors in a protest against U.S. military aid to Israel and to amplify their call for a ceasefire in Gaza.

December 11, 2023

Oak Brook mansion once owned by baseball Hall of Famer Frank Thomas is getting a facelift under new owner

After White Sox great Frank Thomas sold the Oak Brook mansion in 2003, it had a succession of owners.

December 11, 2023

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