Business
The company moved its headquarters to Chicago in 2001 after an unusually public search. A move to Arlington, VA, would put Boeing executives close to officials for their key customer, the Pentagon, and the FAA, which certifies Boeing passenger planes.
Chicago Business
The Chicago burger giant said U.S. prices were up 8% in the first quarter compared to the same period last year as the company struggled with inflation. Still, revenue rose 11% to $5.66 billion in the January-March period, topping Wall Street expectations.
Business
Sanctions have forced Boeing and Airbus to stop providing aircraft parts and services to Russian airlines. Russian airlines will be able to cannibalize parts from their planes for a while, but the lack of spare parts is likely to have “a significant impact” in six to 12 months.
Business
The CFPB says that roughly 18% of TransUnion's annual revenue came from these services, which means it would have been a substantial hit to the Chicago company's bottom line if it were to stop the program entirely.
Chicago Business
After Apple Inc. faced a similar proposal in March, Chicago-based McDonald's is the next major corporation facing a civil rights audit from a shareholder advocacy group that supports union pension funds.
Chicago News
Self-made millionaire Willie Wilson was giving gas away to motorists who showed up at four dozen gas stations. Some drivers waited for more more than an hour to collect their $50 worth of gasoline.
Sports News
The Ricketts family, owners of the Chicago Cubs, went public with its interest in the buyout with Chelsea owner Roman Abramovich, forced to sell after he was sanctioned by the British government and banned by the Premier League.
Business
The Chicago-based burger giant said it will temporarily close 850 stores but continue paying its 62,000 employees in Russia “who have poured their heart and soul into our McDonald’s brand.”
Business
The indictment alleges that China-based Hytera Communications Corp., Ltd., recruited and hired Motorola Solutions employees and directed them to take proprietary and trade secret information from Motorola without authorization.
Health
The new center would include space for outpatient procedures and services, 128 hospital beds, an urgent care, and be a research center with clinical trials enrolling area patients.
Chicago Business
Contributing to the acquisition are investor Michael Sachs, the MacArthur Foundation, Chicago Community Trust, Joyce Foundation, the Knight Foundation, and an anonymous donor.
Chicago Business
Plans for the FanDuel Sportsbook at the United Center include a two-story venue adjacent to the arena's atrium. It would be equipped with state-of-the-art viewing and sports wagering technology, the announcement said.