Business
Business news, from Chicago’s largest corporations to local small businesses, including consumer watchdog reports and updates from industries like technology and retail.
Business owners and influencers received a temporary reprieve but still face uncertainty as Trump’s order lifts after 75 days.
The Citizens Utility Board and other advocates hope their “unprecedented” ad buy will help slash spending on the utility’s pipeline replacement program — but Peoples Gas says the groups are “playing politics with Chicagoans’ safety.”
The restaurant, at 63 W. Ontario St., opened in 1986 and is known for its “rock n’ roll” memorabilia and giant, guitar-shaped neon sign. Management says it will close its doors March 29 and offer employees employment opportunities at its other area restaurants.
Anthony Marsico was executive vice president of Verano when he used confidential information about a blockbuster plan to take over Minneapolis-based Goodness Growth in order to enrich himself and manipulate Verano’s stock value, according to the indictment filed in federal court in Chicago on Jan. 16.
Real estate agents, brokerage firms and landlords routinely violated state law by rejecting renters who sought to use housing vouchers, the Housing Rights Initiative claimed in a slew of complaints filed Monday.
On Saturday evening, just before a federal law that would have banned the popular video-sharing platform was scheduled to go into effect, TikTok was removed from Google and Apple app stores.
The U.S. Supreme Court upheld a law that would require the popular app to be sold or banned, but enforcement remains a question.
The closures are part of the Deerfield-based pharmacy chain’s plan to shutter 1,200 stores by 2027.
The court’s decision Friday means new users won’t be able to download the app and updates won’t be available, but it won’t disappear from users’ phones.
The Reinsdorf and Wirtz families’ hope to break ground this summer on Phase One, which includes a music hall, hotel and public plaza.
The Auburn Gresham Save A Lot, owned by operator Yellow Banana, opened Thursday. The store was first promised by the end of the 2022 but was delayed several times.
“There’s nothing like Prince Street in Chicago,” said Lawrence Longo, co-founder and CEO of Prince Street Pizza, about the eatery’s first Midwest location.
Owner Frank Michael Beltrame considered moving his business out of the Loop but after remodeling his space, the longtime jeweler said the process led to a rebirth.
The developer is looking to trigger a provision in the city’s Connected Communities Ordinance that would fast-track the project to City Council for a full vote.
Shoppers should always check food labels to see if an item they want to buy includes Red 3, which is also known as erythrosine and FD&C Red No. 3.
Engineers escorted a 209,000-pound cooler into its new home at Fermilab in Batavia, as part of a new particle accelerator project aiming to better understand the building blocks of the universe.
The move will increase the city’s borrowing costs, including for Mayor Brandon Johnson’s proposed $1.25 billion bond issue for housing and economic development.
Chairing the property firm The Habitat Co., he oversaw investments in nearly 25,000 housing units in Chicago, often in neighborhoods his peers thought too risky. He also developed the East Bank Club and was its chairman.
Under new rules, customers would have to buy something in order to hang out or use a bathroom. A union representing baristas wants to bargain over the issue as it will fall on baristas to enforce the new rules. The company is trying to reverse sagging sales.