New Business Owners Find It's A Mistake To Work For Free"Underpricing is probably the biggest mistake most companies make. The perception is that your product doesn't have any value."
As Cashless Stores Grow, So Does The BacklashBusiness owners who go cashless say they are following the lead of the majority of customers who are abandoning cash payments. Retailers are under pressure to cater to customers with heightened expectations for fast and seamless service, driven by companies like Amazon, Uber and Grubhub.
Uneasy About The Economy, Some Businesses Hold Off On HiringBefore the recession, the philosophy at many companies was to hire in anticipation of higher revenue. Now, the approach is to put off hiring until rising revenue justifies taking on the added expense and risk.
Target Raises Its Minimum Wage To $13 From $12With unemployment near rock bottom, retailers are under pressure to find qualified workers. In October, Amazon announced a minimum hourly wage of $15 for its U.S. employees.
Businessman Mark Cuban To Speak At Judson University EventCuban will speak at Judson University in Elgin on May 16 as part of the university's World Leaders Forum.
Extreme Cold Causes Financial Losses For Chicago BusinessesThe frigid temperatures may be subsiding, but the financial fallout for businesses is just now being tabulated.
Record 57.6 Million Visitors Came To Chicago In 2018 The data show Chicago saw a 4.4 percent increase in domestic visitors last year and a 2.9 percent increase in overseas visitors.
Crocs Shutting Down Manufacturing Plants, Company Executive To ResignCrocs Inc. said that it's closing all of its manufacturing facilities, and announced that its chief financial officer will resign.
Software Developers And Dentists Top List Of Best Jobs In U.S.According to U.S. News & World Report's annual list of the 100 best jobs in America, software developers topped the list with a median salary of $100,080 and over 250,000 projected jobs available this year.
Parasite In Cat Poop May Make Humans More Business Savvy, Study SaysA new study is claiming all that cat poop may actually be making some owners more business-savvy entrepreneurs.
Veteran Turns Love For Carpentry Into Furniture BusinessPlenty of veterans struggle to find work, but one suburban man turned his hobby into a big business.
159th Street Construction Delayed, Local Companies Losing BusinessBusiness people in Homer Glen and Orland Park are counting the days for when the eight-mile long 159th Street widening project will be complete.
Chicago Tech Businesses Create Relationships With European CompaniesOne of the leaders of Chicago’s delegation currently in London says tech companies from the city are finding a lot of interest in partnerships with European businesses.
Cubs Fans Can Take A Bite Out Of 'The Jake' Or 'The Rizzo'It's a Cubs feeding frenzy at one local restaurant chain, which is offering special player-named sandwiches, for a limited time only. CBS 2's Jeremy Ross reports.
Illinois Could Reap Economic Rewards Of Ending Embargo With CubaCBS 2's Vince Gerasole reports agricultural trade with Cuba is something that hits home here in Illinois.