Shock waves on the stock market as the three main U.S. indices suffered one of the steepest selloffs in years.
The Bean has a baby.
The Dow Jones industrial average lost 163, the S&P 500 dropped 22 and the NASDAQ shed 58 points, settling to 5,088.
The NASDAQ gained 75, the S&P 500 added 25 and the Dow Jones industrial average closed up more than 211 points, settling to 17,760.
Carli Lloyd scored in the 51st minute.
A small contingent of his blog readers met Boyi Ouyang near Jackson and Michigan Avenue as he wheeled his bag to a stop near the sign that marks the end of Route 66.
Tableware from Pickard China in Antioch made its debut as the official White House china at a state dinner Tuesday.
City officials have unveiled a Chinese developer’s plans for an 88-story hotel and condo skyscraper, designed by Chicago architect Jeanne Gang,
Eighteen musicians performed in four Chinese cities, including Beijing, over two weeks. CBS 2’s Harry Porterfield reports.
McDonald’s says a global sales figure fell 2.5 percent in July, dragged down by persistent weakness in the U.S. and a food safety scandal in China. The results reflect what is likely to be just the beginnings of the fallout from a Chinese food scandal late last month.
The Oak Brook, Illinois-based company had previously said it expected the sales measure to be “relatively flat” for the year.
OSI Group, based in Aurora, Illinois, will create a “quality control center” at its Shanghai Husi Food Co., and will spend 10 million yuan ($1.6 million) on a food safety education campaign. A Shanghai TV station reported last week that Husi sold expired beef and chicken to restaurants including McDonald’s and KFC.
OSI is headquartered in Aurora and has facilities throughout the city, suburbs and even into southern Wisconsin, a total of nine locations in five different towns. CBS 2’s Roseanne Tellez reports.
Lija Angela Yu Yin Hyssong was abandoned in China in 1998 as an infant. Eighteen months later, she was adopted by a loving couple from west suburban Chicago. CBS 2’s Brad Edwards reports.
The good folks at The Restaurant Choice cooked up these handsomely designed infographics to get you through your next international dining adventure.
Michael Jordan would have to light the torch after a tribute to the city’s diversity.
City officials say a memorandum of understanding to be signed in China will establish Chicago “as a gateway for Chinese investment.”
Say goodbye to the dragon and get ready to celebrate the year of the snake as the Chicagoland area prepares for the Chinese new year. From tea ceremonies to parades, there’s plenty to do to start the new year. Use this list to get started in planning your own festivities.
As the campaign draws to a close it has become very apparent that Obama will return to the White House and that Harry Reid will lead a Democratic Senate.
Auto manufacturing is back in America – especially in Michigan, Ohio and Pennsylvania because President Obama made the politically risky decision to bailout the auto industry after bailing out the banks. It was a decision that worked. Obama was right, Romney was wrong. So Romney is now in full lying mode. He is trying to retroactively re-write the wrongs in his writings.