Ed Debevic's Closes River North Diner, To Reopen At New Site In SpringThe 1950s-style diner has been a staple for Chicago tourists, who get a kick out of the servers' snarky comments as they serve up burgers, fries, and milkshakes.
After The Bell: Stocks Rebound On Wall StreetThe S&P 500 added 28, the NASDAQ gained 80 and the Dow Jones Industrial Average closed up 200 points, settling to 16,472.
ConAgra Moving Headquarters To ChicagoConAgra, manufacturer of processed food brands like Chef Boyardee, Slim Jim, Tennessee Pride, and Jiffy Pop, is cutting approximately 1,500 jobs, and moving its headquarters from Omaha, Nebraska, to downtown Chicago.
After The Bell: Stocks Finish Brutal Quarter On An Up NoteStocks closed sharply higher on Wednesday as traders continued the rally seen overnight in Asia and Europe.
Many Retailers Not Ready To Meet Deadline For Accepting Chip-Enabled CardsA big change is coming to your favorite stores. They have one day left to prepare for chip-enabled cards, but CBS 2’s Dorothy Tucker reports, many stores aren’t ready.
Peoria-Based Caterpillar Plans Thousands Of Job CutsCaterpillar is planning another round of job cuts that could exceed 10,000 people through 2018, as the construction and mining equipment maker adjusts to downturns in key markets that it serves.
After The Bell: Stocks Close Lower On Global Growth ConcernsStocks closed lower on Tuesday as international growth concerns and a decline in global commodity prices weighed on investor sentiment.
Groupon To Cut 1,100 Jobs, About 10 Percent Of Work ForceThe e-commerce and online deals company said in a blog post Tuesday that the cuts are mainly in its international business. Having already closed its operations in Greece and Turkey, Groupon says it is also leaving Morocco, Panama, the Philippines, Puerto Rico, Taiwan, Thailand and Uruguay.
After The Bell: Stocks Mixed After Fed Holds Rates Near Zero
City Council Panel OKs Food Cart OrdinanceAld. Roberto Maldonado (26th), the measure's chief sponsor, said he’s a regular customer of food carts in his neighborhood, even though they’ve been banned by the city for decades.
Cab Drivers Rally To Demand More Regulation Of Ride-Sharing ServicesCab drivers in Chicago and elsewhere staged a global protest Wednesday against Uber and other ride-sharing companies, demanding they be regulated like taxis.
After The Bell: Stocks Rally Ahead Of Fed Meeting Stocks traded higher on Tuesday as investors digested mixed economic data and monetary policy options ahead of this week's important Federal Reserve meeting and statement.