Chicago Business
The purchase by the 53-year-old founder and CEO of Chicago-based hedge-fund, Citadel, set a new world auction record for any book, manuscript, historical document, or printed text, according to Sotheby’s.
Business
Insurers agreed to pay more than $230 million to Boeing, minus fees and expenses. The lawsuit accused the directors of failing to properly look out for the interests of shareholders in overseeing then-CEO Dennis Muilenburg and development of the Max.
Business
A review committee of city departments will determine the recommended winning bidder before moving its recommendation to Mayor Lightfoot, who will make the final determination along with City Council approval.
Business
Boeing said Wednesday it is building about two 787s a month and expects to stay at that low rate until deliveries resume. Problems including fuselage flaws are expected to cause $1 billion in "abnormal costs," the company said, including a $183 million charge recorded in the Q3.
Chicagoland News
Metra approved a new, $900 million operating budget for 2022 on Wednesday. It assumes Metra will start 2022 with ridership at about 25% of pre-pandemic levels, and that it will grow to about 35% by the end of the year.
News
The Chicago-based Kraft Heinz Co. did not admit or deny the SEC's findings but agreed to avoid future violations and pay a civil penalty.
Chicago Business
Both companies responded to Mayor Lightfoot's decision to file the suit with strong statements.
Chicago News
Mayor Lori Lightfoot announced Wednesday that city workers and volunteers will have to submit proof of full vaccination via an online portal by October 15.
Opinion & Comment
Ken Griffin is about to learn a hard lesson. You are the company you keep.
Opinion & Comment
For a moment, let's ignore the going street value of smerch like Gucci handbags, old school Nike kicks, or the women's autumn cardigan collection at Macy's.