Boeing Co. reported strong first-quarter revenues, supported by a boost in demand for its commercial jets, but pension charges hurt earnings.
Summary: Johnson Controls Inc.’s second quarter profits soar as the company restructures operations.
ManpowerGroup Inc.’s stock soared 7 percent after the company announced an earnings leap over the year-ago quarter, outperforming Wall Street’s expectations.
SUMMARY: Stericycle Inc., acquires hazardous waste expertise with completion of PSC Environmental transaction.
Harley-Davidson Inc. reported better than expected first quarter earnings due to increased international sales and strengthening profit margins.
McDonald’s Corp. released disappointing first quarter earnings Tuesday, as weakening sales at established U.S. restaurants took a toll on margins.
Industrial supply company W.W. Grainger reported a 2 percent profit gain from the same time last year, despite a slumped Canadian performance.
With one energy efficiency project underway and another project in the open bidding process, the mayor’s public-private funding initiative called the Chicago Infrastructure Trust is slowly building steam.
GrubHub Inc., the Chicago-based taker of restaurant orders, declined to say Thursday whether its agreement to give customers' online tips to food deliverers applies outside New York.
More than half of Medicare’s $3.4 billion insurance reimbursements to Illinois health care providers in 2012 went to just a handful of medical practice areas, according to data released by the Obama administration last week.
Cosi Inc., Deerfield, Ill.-based fast casual restaurant company, announced Wednesday a net loss of 23 cents per share. President and CEO RJ Dourney announced the company will move its headquarters to Boston by the end of 2014.
Earnings of Abbott Laboratories, Lake County-based pharmaceutical and medical products company, slipped but still were better than forecasted, despite ongoing repercussions from a product recall last year and unfavorable foreign exchange rates.
Quest Diagnostics LLC, a leading provider of medical testing services to physicians, was the biggest recipient of Medicare reimbursements in Illinois in 2012, totalling nearly $34 million, according to data released Tuesday by the Obama administration. The company, based in New Jersey, has fended off major fraud claims in recent years.
Housing starts and building permits rose in March, especially in the Midwest after the severe winter depressed building.
Jobless claims in the U.S. fell sharply to the lowest levels since the start of the 2007 recession, indicating upward progress in the labor market.
Northern Trust Corp. shares came under pressure Tuesday after the Chicago trust bank reported lower-than-expected first quarter earnings.
The March consumer price index rose 0.2 percent, according to a report released Tuesday by the Bureau of Labor Statistics. Experts predict inflation rates should remain stable for now.
U.S. wholesale sales and inventories in February showed only the barest signs of economic growth. Economists blamed the severe winter and expected to see improvement in the March report.
Progressive Corp. delivered a 4% increase in first quarter profit despite increasing its loss reserve loss.
Bureau of Labor Statistics report shows a decrease in unemployment in most metropolitan areas and states for January and February. Others, like Chicago and Illinois, continue to struggle with unemployment.
Medicare paid $26m to 20 Chicago Docs in 2012
Mayor Emanuel spoke on a Politico-led panel in the Loop Wednesday, promoting Chicago as a city primed for business. A preceding panel featuring Chicago tech leaders focused on the relationship of public sector infrastructure with private sector ideas.
On the 7th-floor viewing kitchen of the Macy's store on State Street, workers can be seen through a glass pane churning out a batch of Chicago’s signature candy: Frango mints. In 2006, Terry Lundgren, CEO of Macy’s Inc., announced candy making would one day return to Chicago. Did he deliver?
The United States Postal Service hopes banking services will deliver it from a growing financial hole. But first it must get past banks and conservative lawmakers.
Archer Daniels Midland has made global expansion a priority, and in spite of several recent setbacks, analysts say the company is ably navigating the waters of worldwide operations.
While the number of retail health clinics in the U.S. is expected to double in the next two years, many consumers are wary of the quality of care they receive at these convenient care centers.
In this edition of Medill Week in Review, we discuss community banks’ efforts to bring in people who don't have checking account. We also explore the growing number of walk-in clinics springing up around Chicago and we take a look at why some of Chicago's iconic water towers are coming down.
Laurel Stradford has made a tough decision to close her Hyde Park international gift shop by the end of the year. Her shop is a victim of rising Hyde Park rents and competitive pressure from bigger local and online retailers.
For many banks, reaching out to customers who don’t bank at all can be a daunting task. Looking for more growth, some local banking institutions have tried to lure the unbanked with services such as check accounts and small loans. Such moves open up a potentially big market but carry risks as well.
Billy Corgan opened a tearoom in downtown Highland Park two years to liven up the neighborhood.
U.S. job openings grew to 4.2 million at the end of February from 3.9 million at the end of January, according to the Bureau of Labor Statistics. The growth was driven by more openings in retail, business services and professional services.
Cargill Inc. reported a 28 percent drop in net earnings in its third quarter ended February 28. Although not a publicly-held company, Cargill chooses to disclose its results because of its size and its importance to the world of agribusiness.