Only a few months after the subprime lending market's meltdown, the toll on the economy is becoming increasingly severe, with sales of existing homes in September dropping 19 percent from...
Roger Myerson spent the bulk of his career as an economic theorist at Northwestern University, but when the telephone call came from Sweden, he was on the faculty of the...
After William Wirtz's death Wednesday, his son Rocky Wirtz said the family will remain in control of the Wirtz Corp. business empire, which includes the Chicago Blackhawks, but he declined...
Companies under fire for importing lead-contaminated toys revealed in letters made public Tuesday that it can take the U.S. Consumer Product Safety Commission a month or longer to announce the...
Companies under fire for importing lead-contaminated toys revealed in letters made public Tuesday that it can take the U.S. Consumer Product Safety Commission a month or longer to announce the...
Citing a crisis in credit markets in which "investor fear has overtaken reason," a Northbrook-based money-management firm with about $1.6 billion under management wants to halt withdrawals by its clients,...
Customers of Commonwealth Edison and Ameren Illinois will share in $1 billion of refunds and discounts, officials said Monday. While some details remain to be worked out, it appears the...
Although the merger of the Chicago Mercantile Exchange and the Chicago Board of Trade is a done deal and now 400 jobs likely will be pared, the city is offering...
United Airlines' main flight operations computer crashed for two hours Wednesday during the morning travel rush, delaying takeoffs and snarling landings for tens of thousands of passengers in the middle...
A controversial federal proposal for nuclear energy expansion will stop in Joliet Thursday night, when the U.S. Department of Energy holds a public hearing on the environmental impact of placing...