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Business and Finance

Whole Foods set to open in Hyde Park in 2016

City commission approves TIF districts in Alds. Austin, Pat O'Connor's wards

The Community Development Commission on Tuesday approved the creation of two new Tax Increment Financing economic development districts, including an 884-acre TIF in the economically-blighted Roseland neighborhood on Chicago's far South Side.

Alderman Carrie Austin, whose 34th Ward encompasses the new Roseland TIF district, said that she has fought for its creation for “forever – probably 20 years.”


Groupon stock spanked by top techie's departure

Former Potbelly exec to head Roti Mediterranean Grill

United's on-time rate sinks in January, traffic falls

McDonald's looking to heat up U.S. sales with breakfast, coffee

Valerie Jarrett: With congressional gridlock likely, city must drive economic recovery

Looking back on a year of congressional gridlock so impassable it actually caused a 16-day government shutdown, White House Senior Advisor Valerie Jarrett said that the job of driving economic progress in 2014 would likely fall on the city.

Jarrett spoke Monday to a room of corporate and civic society leaders as part of “Strong Cities, Strong Nation,” a conversation sponsored by World Business Chicago about how localities across the country can help realize the goals laid out by President Barack Obama in his State of the Union address.


United Airlines, union reach deal to avert layoffs

CME plans interest rate swap future aimed at European market

Illinois employers warn state of nearly 550 job cuts