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A new index shows a 37 percent rise over the past two years, but prices are still well below pre-crash levels.
McDonald's is pushing its owner/operators to open on Dec. 25, arguing that a little ho-ho-ho will bring a lot of lift to ho-hum sales.
Crescent Heights Inc., a Miami-based developer, has bought three acres of land in Central Station, the sprawling residential development south of Roosevelt Road.
(AP) — Shares of Allscripts Healthcare Solutions Inc. fell Monday in the first trading day after a big client announced that it would merge with another health system.
Mr. Baker, whose Chicago-based Vestor Capital Partners LLC was sold in October, died over the weekend after crashing into a glass coffee table in his Wilmette home.
Facing federal criminal charges of defrauding Medicare and three insurance companies out of millions of dollars, a suburban dermatologist has sued Humana Inc.'s health plan, one of the alleged victims of the scheme.
The long-anticipated move marks an important chapter in determining the future of MidwestGen's four power-plant stations, three of which are in the Chicago area.
The Museum of Broadcast Communications reached an agreement to contract out use of its space to Blue Plate Catering Ltd. for special events, securing new income that will help pay down debt on its mortgage.
(AP) — The Allstate Corp. said Monday that its board of directors approved a plan to buy back up to $1 billion of the insurer's shares by the end of next year.
(AP) — Chicago-based BDT Capital Partners again is investing in coffee, taking a minority position in a buyout of Caribou Coffee Co.
A year-old investment fund of Baxter International Inc. is leading a group that's pumping $38 million into a north suburban startup developing treatments for depression and pain.
He rescheduled the hearing for Dec. 27 to review last-minute motions filed by the ownership venture's legal team.
An affiliate of Chicago-based Centrum Properties Inc. sold a 12,996-square-foot retail center it developed several years ago at 2200 N. Main St. in Wheaton for $4.8 million, according to a news release from Quantum Real Estate Advisors Inc. The buyer was a venture controlled by Louis Hong, a
A unit of Draper & Kramer Inc. has merged with Wheaton-based Mallon & Associates Inc. to form a business that will focus on retail leasing, management and development.
(AP) — The pilots agreed to a new four-year joint union contract, covering those who came from United as well as pilots who flew for Continental before the carriers merged in 2010.
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(AP) — The seller of power tools, maintenance supplies and other industrial equipment said Monday that it plans to buy manufacturing distributor Techni-Tool Inc. to boost growth.
Robert Glickman, former CEO of the largest Chicago bank to fail since the onset of the financial crisis, is accused of concealing the true financial condition of Corus Bank in 2007 and securing board approval for hefty dividends that benefitted his family. A trustee wants the money back. Read
The geographic disparity in Chicago's wealth can be seen by tracking household income in the ZIP codes of Metra train stations.
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