Lauren Zumbach – Page 61

Steve Lipshutz, owner of Tenenbaum True Value Hardware in Chicago's Lakeview neighborhood, helps a customer June 8 at the service counter.

Private equity firm takes majority stake in True Value hardware co-op

December 14, 2018 at 4:08 p.m.

A Washington, D.C.-based private equity firm has agreed to take a majority stake in Chicago-based True Value Co. that would shift the hardware retailer away from its cooperative roots. The...

A scene from better days, when shoppers lined up to take advantage of Black Friday sales at Toys R Us in Bedford Park in 2016. The toy chain announced it would liquidate all of its U.S. stores after declaring bankruptcy.

Toys R Us seeks to liquidate all U.S. stores; gift cards good until April 14

December 14, 2018 at 4:03 p.m.

Toys R Us is seeking bankruptcy court approval to immediately liquidate its U.S. business, including conducting going-out-of-business sales at its 735 remaining stores. The Wayne, N.J.-based toy chain has not...

United takes heat over puppy’s tragic overhead bin death. But flyers’ love for pets puts airlines in tough spot.

December 14, 2018 at 4:06 p.m.

Pets on planes are significantly outnumbered by human passengers. But for airlines, dealing with passengers’ four-legged traveling companions can be fraught with problems. Within the past year, Chicago-based United Airlines...

Kevin Daly, economic development director in Monee talks about the Amazon fulfillment center and other business ventures in Monee on Monday, March 5, 2018.

Tax incentives are good for Amazon. What about the local economy?

May 2, 2018 at 3:51 p.m.

Amazon's most visible presence in Illinois in 2015 was the stream of brown boxes it shipped to customers' doorsteps. Three years later, the company has 10,000 full-time Illinois employees, a...

United Continental Holdings CEO Oscar Munoz is interviewed on the floor of the New York Stock Exchange on Jan. 24, 2018. Munoz said the airline wanted to "spice up" its bonus process when it implemented a lottery system that was quickly walked back after criticism.

United strengthens Special Olympics partnership; CEO says airline will try again on employee bonus plan

December 14, 2018 at 2:59 p.m.

United Airlines was “trying to spice up the process a little bit” when it announced a new, lottery-style system for awarding employee bonuses, CEO Oscar Munoz said — a move...

United Airlines has paused plans for a new bonus structure for employees that would have eliminated quarterly bonuses and replaced them with a lottery system.

United walks back new bonus lottery system that angered employees

August 18, 2019 at 3:40 p.m.

United Airlines on Monday reversed plans to begin awarding employee bonuses through a lottery system that angered workers. Scott Kirby, president of the Chicago-based airline, said United was “pressing the...

The city's proposed overhaul of O'Hare International Airport calls for replacing the 55-year-old Terminal 2, seen at top, with a new Global Terminal to house United Airlines and American Airlines, alongside their international partners.

American Airlines’ late opposition unlikely to halt O’Hare expansion plan

December 14, 2018 at 2:27 p.m.

Brian Bourke has spent a lot of time at O’Hare International Airport while racking up more than 100,000 miles of travel a year, mostly on business trips for an Itasca-based...

Emanuel vows to push ahead on $8.5B O’Hare expansion as American Airlines decries ‘secret deal’

May 31, 2019 at 4:10 p.m.

For more than a year, negotiations over Mayor Rahm Emanuel's major $8.5 billion expansion of O'Hare International Airport were heating up behind the scenes, and on Wednesday they boiled over...

Macy's announced it has found a buyer for the top floors of its flagship Chicago store on State Street, seen at left. The retailer will sell the top seven floors for $30 million.

Macy’s to sell top floors of State Street store for $30 million; Walnut Room to remain

December 14, 2018 at 10:36 p.m.

Macy’s said Tuesday it will sell the top half of its State Street flagship store for $30 million, and the buyer plans to convert the space into offices. The announcement...

Lord & Taylor will close its store in Oakbrook Center when its lease expires in January.

Lord & Taylor closing at Oakbrook Center in January

December 14, 2018 at 10:37 p.m.

Lord & Taylor will close its store in Oakbrook Center when its lease expires in January. It’s the second Chicago-area location the department store chain has slated for closure in...

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