Traders yelled and shoved and flashed hand signals, just as they did in the movie “Trading Places.” But now the computer — faster, cheaper and not nearly as noisy — has taken over.
A government probe into whether U.S. air carriers conspired to control industry growth as part of an effort to keep higher ticket prices weighed on shares of major U.S. airlines Wednesday.
Bowing to pressure from the Emanuel administration, community activists and environmental groups, one of the two remaining storage facilities for petroleum coke shut down Tuesday — and the last is on borrowed time.
Minimum wage earners in Chicago will begin seeing a bump in their paychecks this month.
Stocks closed sharply lower on Monday as the deepening Greek debt crisis rocked financial markets around the globe.
Jerry Roper, one of the biggest boosters of the city of Chicago and its business community as former head of the Chicagoland Chamber of Commerce, has passed away.
Amtrak officials plan to open restaurants, coffee shops, and a grocery store as part of a plan to make Union Station a destination location.
Cook County Board President Toni Preckwinkle’s proposal to increase the county sales tax – five years after she won office by denouncing an identical tax hike imposed by her predecessor – has some business owners on the county’s outskirts worried they’ll lose customers.
Stocks traded lower on Wednesday as a lack of progress in Greek debt negotiations and concerns about stock market valuation weighed on investors sentiment.
Stocks bounced around the flat line Tuesday amid mixed economic data, stronger crude oil prices and continued optimism surrounding the Greek debt crisis.
The Dow Jones industrial average added 180 points, the S&P 500 gained 21 and the NASDAQ closed up 68 points, settling to an all-time closing high of 5,132.95.
The burger chain that put “supersize” into the American vernacular is slimming down: For the first time in more than 40 years, and perhaps ever, McDonald’s says the number of U.S. restaurants it has is shrinking.
Stocks traded higher on Tuesday as the Fed kicked off its two-day meeting and investors shrugged off worries about the Greek debt crisis.
By Andy Giersher (CBS) — Stocks finished the last day of the trading week on a down note, as traders seek clarity on Fed policy ahead of next week’s much-anticipated meeting. Also weighing on stocks […]
Organizations working to increase literacy in Chicago now have a new place to meet and work, reports WBBM’s Cisco Cotto.
All three of the major indices traded over 1 percent higher on light volume, with the Dow jumping triple digits and closing above the key 18,000 mark.
With the minimum wage in Chicago about to rise to $10 an hour next month, Mayor Rahm Emanuel was set to begin an effort to help educate workers on what’s in store.
There’s a reason for airline passengers to get excited about traveling this summer, two words: Airfare War!
(CBS) — Stocks closed sharply lower on Thursday as the lack of progress in Greek debt negotiations and the recent selloff in bonds kept traders on edge before Friday’s key jobs report. “I think Greece in the […]
By Andy Giersher (CBS) — Some of America’s most iconic food and beverage brands are dealing with a huge problem, challenges from smaller companies that are exploiting consumer preference and healthy eating trends. “It is […]
WBBM’s Comcast Business Class Newsmakers Series had Facebook co-founder Chris Hughes talk about social media applications and technologies to a packed Navy Pier Grand Ballroom on October 27th. (credit: CBS/Steve Hardy)
Cats! Kittens! Kittehs! We got ’em all.
Newsmaker Series: Steve Forbes
Various photos form the Wintrust Business Luncheon