J.C. Penney Closes More Stores As Sales Deteriorate
J.C. Penney posted net income of $75 million, or 24 cents per share, for the quarter. That compares with $242 million, or 77 cents per share, a year ago.
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J.C. Penney posted net income of $75 million, or 24 cents per share, for the quarter. That compares with $242 million, or 77 cents per share, a year ago.
The companies have now recalled nearly 2.4 million vehicles for fire and engine failure problems since September of 2015, and they are under investigation by the National Highway Traffic Safety Administration for potentially being slow to fix faulty vehicles.
After Tokyo, Starbucks plans to open one more Roastery, in Chicago.
Fiat Chrysler says it's cutting about 1,400 jobs at a plant in Belvidere, Illinois, that makes Jeep Cherokees — a move the automaker says is unrelated to a major investment in the Detroit area that could add 6,500 workers.
The company plans to invest more than $10 million in Indianapolis in the coming years. It currently has about 400 employees in Chicago, Indianapolis and Sydney, Australia.
CEOs for companies including Apple, Ford and Coca-Cola penned a letter to Homeland Security Secretary Kirstjen Nielsen in August, saying immigration policy changes were undermining economic growth.
The development comes as Facebook is dealing with increased scrutiny over how it handles user data.
"Customers didn't accept it as much as we had hoped."
Mishawaka Mayor Dave Wood says Bayer's announcement was "a little bit of a shock to us" because he's been working with the company on expanding in the area. He says the closure will have a big local impact.
Experts say many of these fashion companies live in a sort of bubble and lack the diversity in their staff that could vet their fashions.
To reach that goal, the online retail giant says it will use more renewable energy like solar power; have more packages delivered in electric vans; and push suppliers to remake their packaging.
Shoppers are increasingly shifting their buying online or heading to discount stores like T.J. Maxx to grab deals on name-brand shoes.
Rivian unveiled an all-electric pickup and an SUV at the 2018 Los Angeles Auto Show in November and plans to begin production of the vehicles in a factory in Normal, Illionois, next year. The company is headquartered in Plymouth, Michigan, not far from Detroit.
Google will add hundreds of new jobs to its Chicago offices as part of a national expansion plan, which will bring its new finance division to the tech giant's campus in the Fulton Market district.
The U.S. and China will continue to try to hash out trade differences next week in Washington after two days of talks wrapped up Friday in Beijing. But ongoing trade tensions have damaged U.S. farmers to a degree that they are pulling back on investing in heavy equipment.
President Trump canceled a planned signing ceremony on Wednesday for a housing affordability bill that passed Congress by wide bipartisan margins.
Leading Latino political strategists are examining the races where Latinos could play an outsize role in the midterm elections, and believe their votes will be critical in a number of House races.
The Senate approved a House-passed resolution aimed at reining in President Trump on Iran, marking the first time such a measure has made it through both chambers.
Chicago Mayor Brandon Johnson weighed in Tuesday on a proposal to create a Department of Gun Violence Prevention for the city.
Tuesday marked the first Chicago Public Schools budget hearing of the summer, as the district faces a $ $733 million shortfall.
An Illinois law banning "swipe fees" on taxes and tips — already delayed twice by lawmakers — appears to be on life support after a federal judge that once permitted it issued a permanent injunction against it this week.
A new study from the Cook County Treasurer's office underlines growing concerns about the impact the Illinois megaprojects bill could have on the county's property tax base and overall fiscal health.
As thousands of Chicagoans wrap up road trips over the Memorial Day holiday weekend, gas prices in the city have reached the highest levels seen in four years.
Consumer and environmental advocates said Monday that they found overcharges buried in the most recent rate-hike request by Nicor.
One week away from Memorial Day weekend and the unofficial start of the summer travel season, with gas prices remaining high, negotiations were set to resume Monday at the largest oil refinery in the Midwest.
Environmental and community groups are suing the U.S. Environmental Protection Agency for failing to act on a petition challenging U.S. Steel Gary Works operating permit renewal.
In the four years since Roe v. Wade was overturned and Illinois became a destination for abortion care, Illinois providers and advocates have rebuilt the state's infrastructure to support the tens of thousands of people who travel to the state for abortion services every year.
June is National Aphasia Awareness Month, raising awareness of a disorder that affects a person's ability to speak, write, and understand both spoken and written language.
The Chicago Department of Public Health issued a warning Tuesday about a possible measles exposure at O'Hare International Airport.
Illinois is among the top 13 states seeing a rise in alpha-gal syndrome cases, with residents living in southern Illinois at the highest risk, according to a 2025 study.
Daley's Restaurant, known as Chicago's oldest, has served Chicago's Woodlawn neighborhood for more than 130 years.
Walgreens is set to close in Chicago's Chatham neighborhood on Thursday, and there's growing concern about where families will get their medications.
The owners of Gene & Georgetti steakhouse are suing a concessions operator over their expansion at Midway International Airport.
DraftKings announced Monday that it is closing its sportsbook operation at Wrigley Field after only about two years.
After more than 80 years, there will be no Ann Sather restaurant location in the 900 block of West Belmont Avenue in Chicago's Lakeview community, effective in June.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
Claude Guillemot and a flight instructor were flying in a twin-motor Cessna 421 on Friday evening. An investigation into the crash is underway.
James Burrows directed more than 1,000 episodes of television, including every episode of the original "Will & Grace."
In a full circle moment, actor Gary Cole returns to the very same local stage where he began his professional acting career.
Record producer Tay Keith was found dead in his Nashville home by officers performing a welfare check, police said.
Just in time for the 4th of July, and America’s 250th birthday, Metra has unveiled a specially painted train.
Several local businesses, as well as empty lots and vacant buildings across Chicago, are getting a major investment.
Scattered shower and storms could become severe as the day goes on Wednesday. Highs in the upper 70s.
Environmental and community groups are suing the U.S. Environmental Protection Agency for failing to act on a petition challenging U.S. Steel Gary Works operating permit renewal.
The man charged with murder and arson connected to a Chicago fire captain's death was back in court Wednesday.
City leaders have searched for ways to address large teen gatherings, and on Wednesday, they are turning to the teens themselves.
The body of a 13-year-old boy was recovered from Lake Michigan during a multiple-day search near a beach in Michigan City, Indiana.
Due to high demand, more tickets will be available for the Obama Presidential Center Museum in Chicago.
Several local businesses, as well as empty lots and vacant buildings across Chicago, are getting a major investment.
Environmental and community groups are suing the U.S. Environmental Protection Agency for failing to act on a petition challenging U.S. Steel Gary Works operating permit renewal.
A rideshare driver was shot in Chicago's North Lawndale neighborhood on Monday night.
After a violent holiday weekend, Chicago city leaders are expected to announce new support for a dedicated Department of Gun Violence Prevention.
Newly released cell phone video of a police shooting in south suburban Country Club Hills appears to contradict what a federal agent claims happened during an undercover gun trafficking sting operation last week.
"A house of horrors." That's how one former Chicago foster child described Aunt Martha's Integrated Care Center, a facility that's been at the center of a years-long CBS News Chicago investigation.
Kindbody entered into an agreement with a cryogenic storage facility in Massachusetts, but not all patients received the email.
Pete Crow-Armstrong hit a three-run homer, Dansby Swanson also went deep and drove in four and the Cubs beat the Mets 9-6 on Tuesday night.
The White Sox are 22-4 in their last 26 home games.
Buffalo Sabres defenseman Bowen Byram and forward Jordan Greenway are heading to the Blackhawks in a trade deal for defenseman Louis Crevier, as well as their No. 4 and second-round No. 45 overall picks.
The Chicago Bulls' 2026 NBA Draft picks Tuesday night were forwards Caleb Wilson and Dailyn Swain.
Athletic director Jamie Pollard said rising costs and financial uncertainty facing athletic departments nationwide drove the decision to add alcohol sales at Iowa State venues.
The man charged with murder and arson connected to a Chicago fire captain's death was back in court Wednesday.
A woman was shot and wounded early Tuesday morning in Chicago's West Ridge community.
A man who was shot and killed while riding a bicycle in Grant Park in downtown Chicago last week was targeted by a shooter he'd never met, prosecutors said Tuesday.
Some people living in Chicago's Lakeview community have launched a very public push to keep two men off the street, after they have repeatedly attacked victims on the street.
Forty years ago this week, the battered body of Tony "The Ant" Spilotro — the Chicago mob's man in Las Vegas — was found buried in a shallow grave in an Indiana cornfield, along with that of his brother, Michael.
