New hipster Freehand hostel planned for downtown
A highly styled, high-end hostel will join a crop of new hotels sprouting up downtown. The Freehand Hostel, set to open in spring 2015, has set aside 40 percent of...
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Survey: Small business owners more confident about economy
A greater percentage of Chicago-area small business owners are planning to grow their businesses in the next five years, according to a new report from Bank of America. Two-thirds of...
Athletico to buy Accelerated Rehab
Athletico Physical Therapy said Thursday it planned to buy competitor Accelerated Rehabilitation Centers on Thursday for an undisclosed amount. The deal, which is expected to close by the end of...
Career Education 3Q loss narrows on lower costs
Shares of Career Education were down more than 4 percent in morning trading after the company said losses narrowed, but not as much as Wall Street would have liked. The...
Employers in Illinois warn of 900 layoffs
Illinois employers warned that they may lay off 900 workers in the coming months, according to notices filed with state regulators. Aramark said it plans to lay off 265 employees...
Walgreens sales rise in October
Walgreen Co. said Wednesday that sales at stores open at least a year rose 5.6 percent in October, as customers came in for flu shots. The figure was just slightly...
Mortgage rates rebound
Average fixed mortgage rates moved higher this week, rebounding from the lowest rates of the year. The average interest rate on a 30-year, fixed-rate mortgage was 3.98 percent. That compared...
Judge bars 85 U. of I. nurses from striking
A Cook County judge on Thursday approved an injunction filed by the University of Illinois that will bar some specialized nurses from participating in a one-day strike Tuesday. Members of...
U. of I. files injunction to prevent nurses strike
The University of Illinois has filed an injunction to stop its nurses union from striking after they failed to reach an agreement this week. The Illinois Nurses Association had a...
Sears Canada names new CEO
Sears Canada named a new acting president and CEO on Wednesday a month after previous CEO Douglas Campbell resigned. Veteran retailer Ronald Boire will step into the CEO role effective...