Chicago business news

Shopping Shutdown: Retail to See More Store Closings

Shopping Shutdown: Retail to See More Store Closings

Experts say that retail is entering a new era, one that will be characterized by far fewer shops and... Read »

Jan 23, 2014
Most Minicars Fail New Frontal Crash Test

Most Minicars Fail New Frontal Crash Test

Out of the 11 new minicars examined by the Insurance Institute for Highway Safety, 10 failed the trade... Read »

Jan 22, 2014
Wedding Insurance Expands as Nuptials Get Pricier

Wedding Insurance Expands as Nuptials Get Pricier

Worried about the groom getting cold feet? There's an insurance policy for that. With the cost of the... Read »

Jan 21, 2014
IRS Customer Service Lacking: Report

IRS Customer Service Lacking: Report

The Internal Revenue Service (IRS) answered a smaller share of taxpayer calls and kept taxpayers on hold longer last... Read »

Jan 20, 2014
Alderman: Allow Liquor Sales Earlier on Sunday

Alderman: Allow Liquor Sales Earlier on Sunday

With his eye on luring a new grocery store into her ward, Ald. Pat O'Connor (40th) has reportedly begun talking... Watch »

Jan 17, 2014
Target Breach Appears to Be Part of Broader Scam

Target Breach Appears to Be Part of Broader Scam

The security breach that hit Target appears to have been part of a broader scam that potentially affected a... Watch »

Jan 17, 2014
J.C. Penney to Slash 2,000 Jobs, Shutter 33 Stores

J.C. Penney to Slash 2,000 Jobs, Shutter 33 Stores

Department-store operator J.C. Penney says it will cut 2,000 jobs and close 33 stores as it tries to turn... Read »

Jan 16, 2014
Beanie Babies Creator Gets Probation for Tax Evasion

Beanie Babies Creator Gets Probation for Tax Evasion

Ty Warner, the billionaire creator of Beanie Babies, was sentenced Tuesday to two years probation for tax Read »

Jan 14, 2014
West Dundee Target Store to Close

West Dundee Target Store to Close

Store is among eight nationwide to close in May, company officials said. Read »

Jan 10, 2014
Survive Chiberia? Brag With a Sweatshirt

Survive Chiberia? Brag With a Sweatshirt

Bernie DiMeo, the founder of Rocco Shirts, offers this advice to small business: timeliness is everything. Read »

Jan 10, 2014
Upcoming Jobs Report May Show Improvement

Upcoming Jobs Report May Show Improvement

The upcoming December employment report is expected to show about 200,000 new payroll jobs, a steady growth that may... Read »

Jan 9, 2014
Jobless Aid Bill Faces Uncertain Future

Jobless Aid Bill Faces Uncertain Future

Republicans who helped keep a bill to restore long-term jobless aid alive earlier this week say they won't stay... Read »

Jan 9, 2014
New Crew Restrictions May Have Added to Flight Delays

New Crew Restrictions May Have Added to Flight Delays

As many cities saw thousands of flight delays and cancellations during the recent snowstorms and subzero... Read »

Jan 9, 2014
Chill That Hit Millions May Cost U.S. Billions

Chill That Hit Millions May Cost U.S. Billions

The "polar vortex" that put half the country in a freeze could also cost the Read »

Jan 8, 2014
JPMorgan Settles Madoff Fraud Claims for $1.7B: Feds

JPMorgan Settles Madoff Fraud Claims for $1.7B: Feds

JPMorgan Chase & Co., already beset by other costly legal woes, has agreed to pay $1.7 billion to... Read »

Jan 7, 2014
Consumers Hoarding Old Light Bulbs After Ban: Survey

Consumers Hoarding Old Light Bulbs After Ban: Survey

A ban on making or importing conventional 40- and 60-watt incandescent light bulbs that went into effect... Read »

Jan 3, 2014
Eddie Bauer to Close Mag Mile Store: Report

Eddie Bauer to Close Mag Mile Store: Report

The reports, which cite unnamed sources, indicate employees at the store at 600 N. Michigan Ave. Watch »

Dec 31, 2013
Target: Customers' Encrypted PINs Were Obtained

Target: Customers' Encrypted PINs Were Obtained

Target says customers' encrypted PIN data was removed during the massive data breach that occurred earlier... Watch »

Dec 27, 2013
Last Call For Many Chicago-Area Dominick's Stores

Last Call For Many Chicago-Area Dominick's Stores

Get your Dominick's fix while you can. The grocery chain's 72 stores marked for closure will shut their doors... Watch »

Dec 28, 2013
U.S. Stocks Extend Record Run, Jobless Claims Dip

U.S. Stocks Extend Record Run, Jobless Claims Dip

Stocks rose on Thursday, with the Dow closing higher for a sixth consecutive session, as Wall Street continued... Read »

Dec 27, 2013
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