Billionaire Joe Mansueto Buys Full Ownership Of Chicago FireMansueto, founder and chairman of Morningstar, originally bought a 49% stake in the Chicago Fire in July 2018.
Walmart Rolls Out Grocery Delivery SubscriptionThe move allows the nation's largest grocer to further tap into time-starved shoppers looking for convenience at a time when Walmart is locked in an arms race with Amazon and others to expand fresh-food delivery — one of the fastest growing e-commerce sectors.
Boeing CEO: 737 Max Could Face Phased In Approvals To Fly AgainAviation authorities from around the world may not immediately follow the FAA's lead whenever the US agency decides to allow the Boeing 737 Max to fly again, Boeing CEO Dennis Muilenburg said Wednesday.
Yet Another Boeing Plane Has A Problem; 777X Fails Safety Test During DevelopmentThe plane is not yet in service, and its debut had already been pushed back because of problems with a new General Electric engine, the GE9X, the world's largest commercial jet engine.
Small Business Owners, Employees Left In Lurch When MyPayrollHR Payroll Company Abruptly Shuts DownSmall business owners and some employees were left high and dry after a payroll company closed without warning recently.
Joan Johnson, Co-Founder Of Johnson Products, Maker Of Afro Sheen Has DiedThe company also helped the growth of another American icon which got its start in Chicago: "Soul Train." In the early 1970s Johnson Products became a sponsor of the groundbreaking TV dance and musical variety program, which went on to run in national syndication for almost four decades.
Mississippi: Veggie Burgers Must Be Clearly Labeled, Chicago Company Claims WinThe regulations were published weeks after a lawsuit was filed by Plant Based Foods Association and Chicago-based Upton's Naturals Co., which makes vegan products and sells them in many states.
UPS Plans To Hold Holiday Hiring Steady At About 100,000Delivery rival FedEx and major retailers are expected to lay out their plans in the next few weeks.
Juul Warned Over Claims E-Cigarette Safer Than SmokingThe FDA has been investigating Juul for months but had not previously warned the company.
Pritzker Admin. Members, Illinois Business Leaders Headed To Japan For Trade MissionMembers of Gov. J.B. Pritzker’s administration are headed to Japan on Friday for the administration’s first overseas trade mission.
Arlington Park Won't Apply For Gaming License; Could Track Close Altogether?The Arlington International Racecourse is not applying for a gaming license – and it could even move somewhere else.
Russian Firm Sues Boeing Over Max Jet, Says Defects HiddenBoeing lost $3 billion in the second quarter after taking a $4.9 billion after-tax charge to cover future costs of compensating airlines and other Max customers. Boeing is working to upgrade flight-control software implicated in the crashes, and expects the plane to be cleared to fly in November.
Target Teams Up With Disney To Open ShopsDisney, which operates about 300 of its own stores globally, is looking for new ways to reach customers amid weak traffic declines at malls. Bob Chapek, chairman of Disney Parks, Experiences and Products, said there's a 90% overlap between Disney and Target customers.
Kraft Heinz Brings Back Former CFO Amid StrugglesKraft Heinz, which is based in Pittsburgh and Chicago, was also forced to restate earnings from multiple years in May after a federal investigation into its accounting practices.
VW Recalls 679K Cars In US To Fix Potential Rollaway ProblemVW says silicate can build up on a shift lever switch, allowing the key to be removed if the lever isn't in park. That could let the cars roll off unexpectedly.