Langham hotel reaches $1.2 million settlement over alleged sexual assault by massage therapist The hotel settled a similar case in August 2022, an attorney said August 02, 2023
Terry Savage: Fed makes fast money transfer available to allThe Federal Reserve has created a new and instantaneous money transfer technology that will allow immediate receipt of payments, even over the weekend when the Fed’s current ACH transfer system is closed. August 02, 2023
Homer Glen residents raise concerns on Will County Route 1 expansion: ‘We don’t want more traffic’Will County looks to widen two-lane Route 1 in its 4-mile corridor through Homer Glen, Homer Township and New Lenox Township.. August 02, 2023
James O’Connor Sr., former ComEd CEO and philanthropic leader, diesO'Connor led energy giant Commonwealth Edison for nearly two decades August 01, 2023
Norfolk Southern rethinks how company responds to problems with overheating bearings after train derailmentThe new rules Norfolk Southern issued the following day said that in a situation like that when any damage is noticed on a hot bearing, the railroad will send out a mechanical inspector to look at a car before it is moved. August 01, 2023
South Suburban Airport plans get lift after Gov. J.B. Pritzker signs bill to find development partnerGov. J.B. Pritzker signed a measure to advance a South Suburban Airport, creating an exciting time, said Reggie Greenwood, executive director of the Chicago Southland Economic Development Corp. August 01, 2023
Teamsters say Yellow Corp. is ceasing operations, filing for bankruptcyAn official bankruptcy filing is expected any day for Yellow, after years of financial struggles and growing debt. Its expected liquidation would mark a significant shift for the U.S. transportation industry and shippers nationwide. August 01, 2023
Overstock relaunches Bed Bath & Beyond domain online in USOverstock has officially relaunched the Bed Bath & Beyond domain online in the U.S., after acquiring the bankrupt retail chain’s intellectual property assets for $21.5 million last month. August 01, 2023
Oak Park has promoted integration for more than 50 years. New challenges have local officials reevaluating their approach.Over the last 50 years, Oak Park has succeeded in transforming itself from a majority-white enclave to a more racially diverse community. But some say new pressures from a lack of affordable housing to sky-high property taxes and lingering racial tensions threaten to undo those gains. August 01, 2023
US News says Rush, Northwestern among top hospitals in the country, amid controversy over ratings systemThe ratings release follows criticism leveled at U.S. News over its ranking systems, which some hospitals say don’t paint an accurate picture of quality. July 31, 2023
CDOT Commissioner Gia Biagi leaving Mayor Johnson’s administrationBiagi announced her resignation Monday after nearly four years at the helm of the department, during which time advocates pressed for more bike lanes. July 31, 2023
Trader Joe’s recalls soup that may contain bugs and falafel that may have rocksTrader Joe’s is recalling a broccoli cheddar soup that may contain insects and cooked falafel that may contain rocks, about one week after the grocery chain recalled two cookie products over similar concerns. July 31, 2023
Winnetka mansion sells for $12.5M, making it the Chicago area’s highest-priced home sale this year The sale is Winnetka’s highest-priced sale since billionaire Justin Ishbia paid $16 million last year for a mansion that he subsequently demolished July 31, 2023
Cresco and Columbia Care call off $2 billion cannabis megamerger; Sean ‘Diddy’ Combs deal also scratchedThe companies cited “evolving” market conditions that include falling stock prices, tightening credit and flattening industry sales in the maturing cannabis market. July 31, 2023
Photos: Loretto Hospital workers strikeAbout 200 Loretto Hospital workers go on strike on Chicago’s West Side demanding better pay and staffing levels. July 31, 2023
About 200 Loretto Hospital workers go on strike on Chicago’s West SideUnion leaders at the safety-net hospital say workers are striking after hospital management failed to address wages and unsafe staffing levels. July 31, 2023
Google plans to open in the Thompson Center by 2026. Will the tech giant help revitalize the Loop?Google has been credited with sparking the redevelopment of whole neighborhoods, including New York's Meatpacking District, when it opens an office. July 31, 2023
Co-working spaces pop up in luxury gyms, suburban outposts as hybrid work becomes the norm Co-working is cropping up everywhere from suburban shopping centers to swanky health clubs as traditional offices continue to see low occupancy. July 30, 2023
Mayor Brandon Johnson’s first big fiscal test: How to translate campaign promises into dollars and centsAt stake is whether the new mayor can deliver on his pledge of transformative investments despite fiscal holes. July 30, 2023
Federal Reserve raises its key rate for 11th time in its fight to curb inflationThe Federal Reserve raised its key interest rate for the 11th time in 17 months as part of its ongoing drive to curb inflation. July 28, 2023