McDonald’s is “de-arching” in Russia and leaving the country after more than 30 years; as the baby formula crisis deepens, a local congressman is putting pressure on Abbott Labs; and Boeing leadership faces criticism from an Ireland-based airline.
Business
The value of commercial properties increased 56% from 2018 to 2021, compared with 10% for single-family homes and small apartment buildings, according to the data released by the Cook County assessor’s office. That could result in a consequential change in how Cook County’s property tax burden is carved up.
The Chicago Reader, the city’s famed alt-weekly, is expected to become a nonprofit this month after the sale was nearly derailed over a co-owner’s column opposing COVID-19 vaccine requirements for children. Critics including former and current Reader staff blasted his take, arguing that Goodman relied on sources repeatedly fact-checked by media and infectious-disease experts.
While many companies struggled during the pandemic, Chicago French Press saw sales skyrocket. The coffee brand can now be found on Amazon and in several stores, including Chicago-area Targets, which started selling the products in February.
City Council members and residents are scrambling to figure out more about plans to move a giant temporary Chicago casino into the historic Medinah Temple. It's located in the heart of the fashionable River North neighborhood - home to tourism, commerce and lots of residential units.
Months of spot shortages at pharmacies and supermarkets have been exacerbated by the recall at Abbott, which was forced to shutter its largest U.S. formula manufacturing plant in February due to contamination concerns.
While Mayor Lori Lightfoot and her administration have touted the proposal from Bally’s as the most lucrative proposal the city received and said the casino would be an “iconic” addition to Chicago’s riverfront, members of the City Council continue to greet those claims with skepticism.
The company in a legal filing Monday agreed to permanently stop selling access to its face database to private businesses or individuals around the U.S., putting a limit on what it can do with its ever-growing trove of billions of images pulled from social media and elsewhere on the internet.
The project is part of the city’s INVEST South/West initiative and led by the Chicago Department of Transportation. The initiative works with a variety of partners to revitalize marginalized communities.
The “Mc” mark in McDonald’s takes center stage in a trademark dispute with a CBD merchant; Allstate CEO Tom Wilson says insurance premiums have to rise; and beer enthusiasts won’t have to wait much longer for the beloved Lagunitas taproom to reopen.
While members of the Lightfoot administration touted the proposal from Bally’s as the most lucrative proposal the city recieved and said the casino would be an “iconic” addition to Chicago's riverfront, nearly all members of a special City Council committee formed to consider the plan greeted those claims with skepticism.
The COVID-19 pandemic has exacerbated housing insecurity, substance abuse, human trafficking, and domestic violence, often leaving women struggling with those issues with virtually no resources to move forward. But the pandemic also sparked an idea for local woman Maria Castro. She found a way to get everyday necessities — plus a touch of inspiration — to women in need.
Workers at more than 250 Starbucks locations around the U.S. have filed to join a union, and about 50 have voted in favor of unionization. Organizers and their supporters have accused Starbucks of aggressive “union-busting” tactics, including cutting hours, disciplining, and firing pro-union employees.
Illinois’ population closely represents the nation as a whole, whether measured by race, age, income or education, U.S. Rep. Robin Kelly (D-Chicago), the chair of the Democratic Party of Illinois, wrote to Democratic National Committee Chair Jaime Harrison, adding that Illinois not only includes Chicago, but also rural areas devoted to agriculture dotted by small towns.
Located two miles north of downtown, and about a mile from the lake, Old Town a neighborhood that has undergone a lot of change in the past decade. Residents have fought to preserve historic buildings in the area.
Lightfoot’s support for a casino on what is now the Chicago Tribune printing plant and newsroom near Chicago Avenue and Halsted Street will bounce the roulette ball to the Chicago City Council to consider Bally’s plan.
