Mary Ellen Podmolik – Page 12

United Stationers plans layoffs, name change to ‘Essendant’

June 30, 2019 at 4:48 a.m.

United Stationers plans to reposition itself with a new name, a more digital focus and fewer employees. The Deerfield-based company, a 93-year-old wholesaler of technology, office products and cleaning supplies,...

Behemoths squaring off in home search process

June 16, 2018 at 12:01 a.m.

The online battle for consumers looking to buy a home or rent an apartment is about to tighten and become more combative now that the $2.5 billion merger of Zillow...

A traveler passes by new and old power lines along historic U.S. Route 66 June 13, 2007 near Dwight, Illinois.

Warmer weather melts Exelon quarterly earnings

June 16, 2018 at 1:13 a.m.

A warmer final three months of the year helped put a chill on Exelon Corp.'s fourth-quarter earnings. The Chicago-based energy company reported Friday it earned $18 million, or 2 cents...

Banks take back more Chicago-area homes

June 16, 2018 at 12:33 a.m.

The number of homes repossessed by banks in the Chicago area in January rose almost 10 percent from a year earlier in a pattern seen elsewhere in the nation, according...

Consolidation, currencies cost jobs at Acco

June 16, 2018 at 12:21 a.m.

There are far fewer places to buy Acco Brands' products like Mead school supplies and the treasured red Swingline stapler Milton guarded in "Office Space." Ongoing consolidation in the office...

Before settling on a property and loan product, consumers should do some homework and not expect lenders or real estate agents to do it.

Illinois boosting mortgage assistance for buyers, borrowers

May 20, 2019 at 7:27 a.m.

By one count, there are about 2,300 programs and 1,100 entities around the country that offer some form of down-payment assistance to homebuyers. Consumers, however, don't know how to find...

New luxury apartment buildings such as 111 W. Wacker Drive have helped drive up rents in Chicago.

Record number of downtown apartments to arrive this year

June 16, 2018 at 7:26 p.m.

Nearly 3,000 apartments, a record, are expected to join downtown Chicago's rental marketplace this year, including some with rents as breathtaking as their views. The record, however, may be short-lived....

Fast-growing careers don’t usually lead to homeownership, data show

June 16, 2018 at 1:45 a.m.

Here's a strong dose of reality on why millennials might not be the housing market's prayer in the near future: The fastest-growing careers aren't necessarily those with traditionally high homeownership...

Renters outnumber homeowners in Chicago, 8 other cities

June 16, 2018 at 12:58 a.m.

Renters in nine of the nation's 11 largest metropolitan areas, including Chicago, outnumbered homeowners in 2013, causing a scarcity of rental apartments, particularly for the neediest consumers, according to a...

Donald Trump Jr. says the long-vacant riverfront space in the Trump International Hotel and Tower will be used for events.

Trump tackles its Chicago riverfront space

June 16, 2018 at 12:46 a.m.

With the last of its developer-owned condominiums sold, the Trump Organization is turning its attention to the remaining vacancies at its Trump International Hotel & Tower — and they are...

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