Bears
Mayor Lightfoot presents 3 options for improving Soldier Field
Chicago Mayor Lori Lightfoot on Monday presented three options for renovating Soldier Field, the home of the Chicago Bears, but the team said it's not interested.
Chicago Business
Business
United Airlines 2Q profit of $329M misses Wall Street target
United Airlines said Wednesday that it earned $329 million in the second quarter as summer vacationers packed planes, but the results fell far short of Wall Street expectations due largely to soaring fuel prices.
Business
Yelp to close Chicago office, says remote work is its future
In a blog post Thursday, Yelp Co-Founder and CEO Jeremy Stoppelman said the company will close its offices in New York, Washington, and Chicago on July 29. The online review and reservation company also plans to downsize its office in Phoenix.
Business
Ken Griffin finally says enough, will move Citadel HQ to Miami
Billionaire hedge fund manager Ken Griffin has finally seen enough. Griffin sent a note to employees Thursday morning that he will relocate his investment firm's headquarters to Miami after more than 30 years in Chicago.
Lifestyle
US pools close, go without lifeguards amid labor shortage
Chicago, which boasts one of the nation's largest aquatic programs — 77 public pools and 22 beaches that serve a population of nearly 2.75 million — pushed opening day for pools back to July 5 from June 24.
Chicago Business
Kellogg to split into 3; snacks, cereals, plant-based food
The snack company, which accounts for 80% of Kellogg's current sales, will have dual campuses in Battle Creek and Chicago, with its headquarters in Chicago.
Business
Federal regulators say they will keep closer eye on Boeing
The FAA also said its inspectors — and not Boeing employees — will continue to be responsible for issuing final safety certificates for all new Boeing 737 Max and 787 jets rolling off the company assembly lines.
Chicago Business
Days after announcing Russian business sale, McDonald's finds a buyer
An existing McDonald's licensee, Alexander Govor, who operates 25 restaurants in Siberia, has agreed to buy McDonald’s 850 Russian restaurants and operate them under a new name, the Chicago burger giant said Thursday.
Business
De-Arching: McDonald's to sell Russia business, exit country
The Chicago burger giant confirmed Monday that it is selling its 850 restaurants in Russia. McDonald's said it will seek a buyer who will employ its 62,000 workers in Russia, and will continue to pay those workers until the deal closes.
Chicago Business
Goodman steps aside, alt-weekly ЯEADER to go non-profit at end of month
The publication was on track to be sold to the new nonprofit last year until the November printing of defense attorney Leonard Goodman’s column headlined “Vaxxing our kids" prompted allegations of misinformation and censorship.
Chicago Business
Pilots at United will vote on contract after tentative deal
The tentative deal at United contrasts with increasing tension between pilots and management at American, Southwest, and Alaska. Pilots, whose numbers were cut through buyouts and early retirement after the pandemic hit, say they are overworked, and they are demanding sizable pay increases.
Chicago Business
Parents hunting for baby formula as shortage spans US
Constraints due to COVID-19 disruptions and stockpiling is obvious but the situation changed for the worse in February when Chicago-based Abbott Nutrition had to recall several major brands due to an as yet unknown bacterial infection, for which the FDA has been slow to respond.