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Succeeding in Chicago just got a whole lot easier.
Along with a developing deal to recapitalize Metropolitan Bank Group, the moves could kick-start bank deals in the Chicago market.
State Republicans are asking fundamental questions about the party's leadership and direction after suffering greater-than-expected losses in Tuesday's election.
Billionaire investor Thomas Barrack wants to be part of the pack buying and renting repossessed homes here, but he hasn't jumped in yet.
U.S. Cellular CEO Mary Dillon may have dodged a bullet by selling off Chicago and St. Louis markets to Sprint and avoiding the expense of upgrading its wireless network to next-gen technology.
Barack Obama's victory can only enhance the close ties between his adopted hometown and state and the U.S. capital. “It's good to have your friend as president,” one public policy analyst noted.
Victoria Di Iorio persuaded her husband's family business, Dior Builders, to build healthier homes. She's educating the public through a just-opened Healthy Home Showhouse in Lincoln Park.
(AP) — Mondelez International Inc. says it net income fell 29 percent in the third quarter, as the stronger dollar weighed on revenue.
The CIM Group venture's purchase of the air rights is a step toward fulfilling the original vision for a dense mixed-use project atop the Loop property, where current zoning would allow up to 400 housing units and 500 hotel rooms.
(AP) — Wall Street greeted a second Obama term the way it greeted the first.
The president's re-election means there will be no repeal of "Obamacare."
The sale of markets including Chicago covers about 585,000 customers, or about 10 percent of its subscribers, to Sprint Nextel, the company said this morning.
(AP) — Shares of online travel agency Orbitz Worldwide Inc. plunged Wednesday after the online travel company again cut its outlook for the year and reported third-quarter results short of expectations.
Craig Bernfield improperly slashed cash distributions to many of Zev Karkomi's relatives and other early investors by nearly 40 percent, according to a lawsuit.
The brand, a big-and-tall unit of Casual Male, intends to open a location in part of the former American Girl Place space at 730 N. Michigan.
FirstMerit alleges that the Skokie developer and two others are responsible for $11 million the bank says is owed on a construction loan for a 193-unit residential development.
As President Barack Obama seals a second term, the Wall Street Journal takes a look at the strategic moves that earned him the victory. Read more here.