Robert Reed – Page 7 –

United Airlines is having big problems with Wall Street, which is raising pointed questions about top management's plan for charting a financial and strategic course.

Can United Airlines brain trust survive another tough journey?

May 16, 2019 at 4:47 p.m.

United Airlines has a knack for flying into bad weather. The forcible removal in April of Dr. David Dao from a United regional jet sparked widespread public outcry and damaged...

The Sears, Roebuck & Co. catalog is on video disc in 1981.

Sears is in a death spiral. How many ways, how many times can it be said?

May 16, 2019 at 4:47 p.m.

Sears Holdings Corp. is the business world's embodiment of the adage "death by a thousand cuts." Industry analysts predict the money-losing and shrinking owner of Sears and Kmart is heading...

Sinclair Broadcast Group needs federal approval to complete its acquisition of Tribune Media.

Amid public outcry, feds should kill Sinclair bid to buy WGN owner Tribune Media

May 16, 2019 at 4:47 p.m.

Hundreds of consumers are offering some simple and direct advice to federal regulators eyeing Sinclair Broadcasting Group’s proposed acquisition of locally-based Tribune Media: Kill this awful deal — now. They’re...

Corporate board members are facing more challenges from outside forces, whether from activist investors or social changes, than ever.

Company boards are rife with drama and discontent as directors grapple with social issues

May 16, 2019 at 4:47 p.m.

The Chicago area's publicly traded companies should expect to deal with more corporate boardroom drama, disruption and dysfunction than ever before. How do we know this? Because board members say...

Ald. Ed Burke. 14th, chairman of the City Council Finance Committee, recently introduced an ordinance that would not allow Chicago stores and eateries to be cashless. The ordinance also chides electronic payment giant Visa International for aggressively encouraging businesses to stop taking greenbacks and accept only plastic.

To avoid city backlash, restaurants and retailers should dump cashless ways

May 16, 2019 at 4:46 p.m.

Local restaurants and shops that go cashless and take only customer credit or debit cards have no currency with a powerful Chicago alderman, who wants to stop the growing payment...

Workers fill boxes to ship at an Amazon fulfillment center in Romeoville. Chicago submitted its bid for Amazon's second headquarters on Monday.

Bidding high is worth the risk to win Amazon’s second headquarters

May 16, 2019 at 4:46 p.m.

Ever want something so badly you were willing to pay much more than anyone else? For those hoping to bring Amazon's second headquarters to Chicago, that's probably the mindset. Yes,...

Expect fewer stores to be open on Thanksgiving as the holiday shopping season gets underway.

Stores weigh a Thanksgiving break before Black Friday retail feast

May 16, 2019 at 4:46 p.m.

Those looking to get out of the house and start their holiday shopping on Thanksgiving Day, take note: Your choice of stores will be limited. Many brand-name retailers will be...

Pharmacy technician Emma Mendoza helps a customer at a Walgreens in Wheeling in 2013.

An Amazon-Walgreens showdown is just around the corner

May 16, 2019 at 4:46 p.m.

Wall Street is buzzing with talk that Amazon soon will swoop down on the $460 billion prescription drug business — an entry that would pit the online powerhouse against locally...

Harvey Weinstein arriving for the screening of the film "The Little Prince" at the 68th Cannes Film Festival in Cannes. Weinstein was fired from his film studio the Weinstein Company following reports that he sexually harassed women over several decades, according to U.S. media.

Harvey Weinstein’s sexual harassment allegations show directors need to stop hiding in the boardroom

May 16, 2019 at 4:46 p.m.

Blame bad boardroom behavior for corporate America's sexual harassment crisis. There probably would be fewer incidents of harassment if more boards of directors — the folks ultimately responsible for a...

Abbott Laboratories' campus is seen at Abbott Park, Ill., on July 29, 2015.

Recent buyout woes won’t curb Abbott’s deal-making appetite

May 16, 2019 at 4:46 p.m.

Not so long ago Abbott Laboratories CEO Miles White reportedly promised to make life "a living hell" for embattled medical technology firm Alere. He was angry Alere was forcing Abbott...

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