By Andy Giersher (CBS) — Stocks soared on Wednesday, rebounding from a string of consecutive down days that pushed equity markets into correction territory. All three of the major indices posted gains of nearly 4-percent […]
The latest annual study finds traffic has recovered completely since the economy tanked in 2008, and five of the 20 most congested roads in the U.S. are in the Chicago area.
Patrick DeHaan, senior petroleum analyst at GasBuddy.com, said Chicago area drivers can expect to see prices fall by up to 50 cents in the next couple weeks, after BP confirmed it has reopened the crude distillation unit that went offline on Aug. 8.
A group of suburban residents were planning a protest Tuesday morning at the grand opening of a new Mariano’s grocery store, over the company’s policy allowing customers to carry concealed weapons.
If you have a late summer road trip planned, there’s good news—the average gas price in the Chicago area has dropped 15 cents since Thursday, and prices are expected to keep going down.
A federal jury at a civil trial in Chicago has begun deliberating on the question: What’s the market value of Michael Jordan’s name?
Farmers in every county in Illinois except one have been made eligible to receive low-interest loans from the federal government, to help them recover from extensive damage caused by flooding.
Overseas concerns and uncertainty about the timing of the Fed’s anticipated rate hike put traders in a selling mood.
Closing arguments have been delayed a day in a federal civil trial to decide how much money a grocery-store chain owes former Chicago Bulls star Michael Jordan.
By Andy Giersher (CBS) — Stocks closed modestly lower on Tuesday as traders sifted through solid housing data and a mixed batch of earnings results. The S&P 500 lost 6, the NASDAQ fell 32 and […]
Chicago Bulls icon Michael Jordan took the stand Tuesday in his lawsuit against a now defunct supermarket chain that invoked his named without first asking him.
The job cuts, which will not affect any stores, are part of the company’s ongoing restructuring and cost-reduction plan that was announced a year ago, company spokesman James Graham said in a statement.
Hoist Liftruck is moving to Indiana. CBS 2’s Marissa Bailey explains why.
More than a decade after his retirement, Michael Jordan is still one of the most popular athletes in America.
(CBS) — The Arlington Million on Saturday is the biggest event of the year for Arlington International and a boost for the local economy. “We’re going to see some of the best racing the Midwest […]
Leaders of some of the biggest companies in the country were at McCormick Place on Thursday, for what has been dubbed a catalyst for hiring programs and events.
Spokesman Michael Mullen says affected workers are in the U.S. and Canada and were to be notified in person. About 700 of the cuts were coming in Northfield, Illinois, where Kraft had been headquartered.
Former Bulls star Michael Jordan could take the stand Wednesday in his lawsuit against a now-defunct grocery store chain, over its unauthorized use of his name and image in a 2009 magazine ad.
Though gas prices have been plummeting nationally, drivers in the Chicago area suddenly have seen a major bump at the pump.
Two Illinois companies were targeted by a brazen insider trading ring. Federal authorities broke up a ring that used hackers to steal corporate press announcement from Chicago-based Boeing, Peoria-based Caterpillar, and several other companies, and then profit from that information before it became public.
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