Chicago Tribune : Business (26)

Sensory-friendly Santa welcomes kids with special needs: 'It’s important to have the memories'

Hours before Woodfield Mall opened last Sunday morning, before workers turned on the holiday lights and the halls filled with shoppers, 4-year-old Liam Munnelly’s parents placed him on Santa’s lap. Though Liam couldn’t talk back, Santa spoke to him, pointing at the decorations ...

After winning Foxconn, Southeast Wisconsin prepares for influx of jobs as residents fear loss of 'peace and quiet'

In April, the owners of Apple Holler, an orchard in the southeastern Wisconsin town of Sturtevant, will be getting ready to plant 2,500 apple and peach trees on land just west of Interstate 94. Across the highway in Mount Pleasant, Taiwanese electronics giant Foxconn and the state of Wisconsin...

United Soccer League expansion team coming to North Side site proposed for Amazon's HQ2

A new professional soccer team plans to begin playing on Chicago’s North Side within three years, at one of the sites proposed for Amazon’s second headquarters. Developer Sterling Bay has bought a United Soccer League expansion team to play in its planned sports and entertainment stadium ...

Partisan politics could mean fewer second helpings and more early exits this Thanksgiving

Dreading the heaping helping of partisan political bickering likely to be served up at your family’s Thanksgiving dinner? If so, here’s one thing to be thankful for: A contentious feast probably won’t last as long. A recently completed study on the effects of partisanship on family ...

One-third of Outcome Health's staff takes buyouts

More than one-third of Outcome Health’s employees took a buyout offered late last week by the Chicago tech firm. That equates to about 200 employees, roughly 170 of whom are based in Chicago, according to a source close to the company. Outcome Health employs a total of about 535 people. The ...

Corporate tax cut plans put local home buyers, sellers, builders in a bind

If the federal tax plan, now wending its way through Congress, were already law, would you have been able to buy, sell or build your house? Sure, posing that very idea smacks of vast overstatement. But the way this new tax plan is shaping up, it’s going to be much harder to make such ...

McDonald’s museum in Des Plaines will be demolished next month

The McDonald’s museum in Des Plaines, a replica of Ray Kroc’s first restaurant, is slated to be torn down next month, the world’s largest burger chain said Monday. Kroc, considered by the company to be the founder of the modern chain, built his first restaurant in 1955 after ...

McDonald’s plans to tear down Des Plaines museum next month

The McDonald’s museum in Des Plaines, a replica of Ray Kroc’s first restaurant, is slated to be torn down next month, the world’s largest burger chain said Monday. Kroc, considered by the company to be the founder of the modern chain, built his first restaurant in 1955 after ...

Chicago’s Vista Tower could get new owner amid Chinese government crackdown

Chicago’s soon-to-be third-tallest skyscraper, Vista Tower, could get a new owner before the 98-story condominium and hotel tower even opens, a Chinese newspaper is reporting. Chinese firm Dalian Wanda Group is seeking a buyer willing to pay about $5 billion for five huge developments ...

Rocky Wirtz's Breakthru Beverage to merge with Texas-based firm, becoming $12 billion liquor distributor

Breakthru Beverage Group, the alcohol wholesale company that has its Illinois operation based in Cicero, is planning to merge with Texas-based Republic National Distribution Co. to form the second largest alcohol distributor in the U.S., the companies announced Monday. It would be the the second...

Outcome Health, under scrutiny by investors, offers voluntary buyouts

Outcome Health is offering voluntary buyouts to employees amid “ongoing scrutiny” regarding allegations that the high-profile Chicago startup misled advertisers and investors. The buyouts were offered to employees Friday, company spokesman John Eddy said in an email Sunday. Outcome Health ...

Outcome Health's problems with sales pitches go back years

Long before investors poured nearly $500 million into Outcome Health, executives at the Chicago startup time and again reprimanded salesmen for making misleading or inaccurate claims, records show. Outcome, which pitches doctor's offices free health-related programming and ads on TVs and ...

Outcome Health offers voluntary buyouts

Outcome Health is offering voluntary buyouts to employees amid “ongoing scrutiny” regarding allegations that the high-profile Chicago startup misled advertisers and investors. The buyouts were offered to employees Friday, company spokesman John Eddy said in an email Sunday. Outcome Health ...

A CEO's nightmare: An endorsement from the alt-right

The neo-Nazis were hungry. They had spent the day in a Charlottesville, Virginia, courthouse testifying at the preliminary hearing for a white nationalist jailed for pepper-spraying counterprotesters during August's deadly Unite the Right rally. Now, after the long drive home to Alexandria, ...

Chicago Tribune leaving namesake tower by mid-2018

The Chicago Tribune will move in early 2018 to the Prudential Plaza office complex, ending a 93-year run in the newspaper’s namesake tower on North Michigan Avenue. Parent company Tronc on Friday confirmed the newspaper will move to One Prudential Plaza in the second quarter of 2018. The ...

After Trump's election, more students consider law school, hoping to make a difference

The election of President Donald Trump pushed Tiffany Boguslawski over the edge. The 19-year-old aspiring politician knew she wanted to be a lawyer, but the new president, who shares her hard-line stance on immigration and international trade, sealed the deal. Boguslawski, a triple-major in ...

Entercom shakes up Chicago airwaves with CBS Radio acquisition, flips WJMK-FM 104.3 to classic hip-hop

Philadelphia-based Entercom didn’t waste any time shaking up the Chicago airwaves. Hours after closing on its $2.4 billion acquisition of CBS Radio on Friday, Entercom flipped WJMK-FM 104.3 from classic hits to a new format: classic hip-hop. The station, formerly known as K-Hits, will now ...

The winner in Amazon and Walmart's holiday showdown is you

The holiday season is meant to celebrate peace on earth, but there’s no love lost in cyberspace where an unparalleled battle is shaping up between Walmart and Amazon. While this is serious business for them, the fun part is that you — the consumer — get to help decide the winner from ...

Sears dials up 'unprecedented' discounts to record levels as it copes with slump

Sears, reeling from billions in losses and sputtering mall traffic, is increasingly turning to a time-honored retail tactic: putting everything on sale. The department-store chain embarked on its most aggressive holiday sales ever this month, marking down its entire inventory by 10 percent to 50...

For the first time, Chicago shoppers to spend biggest chunk of holiday budget online

Digital cash registers will be ringing in Chicago this holiday season. For the first time, local shoppers expect to spend more of their holiday budgets online than in stores, according to a survey by consultancy Deloitte. Chicago-area shoppers said they expected to spend half of their holiday ...

Macy's CEO: 'There's room for other retailers and Amazon'

Thanksgiving turkeys aren’t even defrosted, but Macy’s already has marked the start of retail’s crucial holiday season, unveiling the decorated windows at its State Street flagship and lighting the Walnut Room restaurant's 45-foot-tall tree. The Tribune previously reported that ...

Willis Tower's Metropolitan Club getting new look, shorter name

The Metropolitan Club plans a multimillion-dollar upgrade of its longtime space in Willis Tower, after the private club extended its lease in Chicago’s tallest building until 2029. The club, which was one of the first tenants in then-Sears Tower when the 110-story building opened in 1974, ...

Chicago, other cities could see 'record' Thanksgiving traffic delays, AAA says

The number of travelers hitting the road this Thanksgiving holiday is expected to swell to levels not seen in more than a decade, triggering what could be “record” traffic delays in some of the country’s biggest cities, including Chicago, according to the American Automobile ...

When it comes to restructuring, GE can learn from Cat

As it embarks on one of the largest corporate transformations in modern history, General Electric may find it helpful to use locally based Caterpillar as a guiding light. That’s because when it comes to cost-cutting, boosting sales, making money and getting back in the good graces of Wall ...

Caterpillar ends investment in Uptake, data mining startup launched by Groupon co-founder Brad Keywell

Caterpillar is ending its investment in Uptake, Groupon co-founder Brad Keywell’s data analytics startup. The equipment manufacturer took an early minority stake in Uptake, which CEO Keywell and fellow Groupon co-founder Eric Lefkofsky launched in 2014. Caterpillar, now based in Deerfield, ...

Slagel Family Farm, meat supplier for Chicago restaurants, starts dog food line

Slagel Family Farm, a meat supplier to Chicago restaurants like Acadia, Bad Hunter and Girl & the Goat, is extending its reach to four-legged diners. The Fairbury farm has started a raw dog food line, called “Farm 2 Bowl,” after requests from some high-profile chef customers and as part of ...