Sears Survives A Near-Death Experience, But For How Long?Many of Sears' unsecured creditors, who rank at the bottom of the list to be paid and include merchandise suppliers and landlords, had pressed for liquidation, contending the business was worth more dead than alive. They also questioned the propriety of certain deals Lampert has done while at Sears.
City Unveils 5 Proposed Designs For New Global Terminal At O'Hare International AirportCity officials will unveil five proposed architectural designs for a new Global Terminal at O’Hare International Airport, and are asking the public for feedback on the plans.
Walgreens Brings In Microsoft To Help Improve CareThe companies will aim to boost prescription adherence, cut down on emergency room visits and decrease hospital admissions.
United Airlines Posts Smaller Profit But Tops ExpectationsChicago-based United expects more modest revenue growth in the first three months of this year. However, it predicted that the revenue-per-seat figure would be flat to up three percent.
Federal Workers Take On Odd Jobs To Make Ends MeetThe hundreds of thousands of out-of-work government employees have more options than in past shutdowns given the rise of the so-called "gig economy" that has made an entire workforce out of people doing home vacation rentals and driving for companies like Uber, Lyft and Postmates.
Sears Avoids Liquidation, Stores To Remain Open After Chairman Wins Auction With $5.2 Billion BidA last-minute reprieve for Sears, after the retailer’s former CEO made the winning takeover bid in a bankruptcy auction.
Netflix Raising Prices For 58M US Subscribers As Costs RiseNetflix is raising its U.S. prices by 13 percent to 18 percent, its biggest increase since the company launched its streaming service 12 years ago.
Win Or Lose, Sears' Chairman May Still Come Out On TopSears' fate has been twisting in the wind for years, but since its bankruptcy filing, its demise has appeared imminent. At its peak in 2012, its stores numbered 4,000, a far cry from the just under 700 stores and 68,000 workers it had as of October.
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.
Robots Walk, Talk, Pour Beer And Take Over CES Tech ShowNearly all of these robots use a technology called visual SLAM, short for simultaneous localization and mapping.
Toyota Recalls 1.7M Vehicles To Fix Air BagsToyota and Lexus dealers will either replace the inflator or the entire air bag assembly with equipment made by other manufacturers that does not contain ammonium nitrate. Owners will be notified by mail or other means in late January.
Ricketts Pulls Out Of Plans To Invest In United Soccer League TeamSterling Bay said it will redesign its $6 billion, 54-acre Lincoln Yards project on Chicago's North Side excluding the stadium.