AT&T jacked up everybody's stress level and even surprised Wall Street when it rang in the New Year with news that it would eliminate 40,000 jobs by 1998. One local...
The budget impasse that has practically shut down the federal government brought an unexpected bonus to air travelers. While members of Congress and President Clinton continued to slug it out...
Watch for retailers to report plummeting profits when fiscal fourth-quarter earnings are announced next month. December sales figures came in with a thud, indicating that the average increase was only...
Because most of us were sleeping when Paul Volpe went shopping Friday, we might wonder what drives a man to arrive at a Wal-Mart nearly two hours before dawn. The...
Four retail giants, including the parent of Marshall Field's, confirmed Tuesday that business has indeed been dismal, saying their third-quarter profits fell by as much as 52 percent. But despite...
Chicago Mayor Richard Daley tossed cold water Tuesday on John Buck Co.'s plan to build a galleria and Nordstrom store on the site of the McGraw-Hill Building at 520 N....
After fighting off a year-long hostile takeover bid from Carson Pirie Scott & Co., Des Moines-based Younkers Inc. pulled off a surprise Monday, saying it had agreed to be acquired...
The head of a Chicago preservation group alleged Wednesday that a project manager for a city developer offered the group $2 million to stop the push to declare the McGraw-Hill...
Bloomingdale's, that New York-based retailer that blitzed Chicago with glitz when it came to Michigan Avenue seven years ago, is opening a store in the Old Orchard Shopping Center next...
Boosted by sales of hot-weather merchandise and lower operating costs, profits at Sears, Roebuck and Co. grew 11.1 percent in the second quarter, the retailer reported Thursday. Sears said net...