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The president of a prominent Chicago real estate company best known for developing Block 37 in the Loop has been convicted on fraud charges related to the redevelopment of the old Goldblatt's department store in Uptown, federal authorities said.
Illinois-based Sears is shedding 250 jobs, amid a new quarterly report showing the retailer has lost money and share value.
Stocks traded sharply lower Tuesday, as falling oil prices and weak consumer confidence data put traders in a selling mood.
A key black minister who supported Governor Bruce Rauner's election is hoping for a huge turnout Friday for a career opportunities expo at his church.
South Side hosts generated $2.6 million in 2015, compared with $1.2 million the year before.
Cubs owners essentially hope to turn Wrigley Field into a small historic European town when they complete the ongoing renovation of the stadium and plans for new amenities outside the ballpark.
You get an eye exam and a prescription for contacts or glasses and you never leave your house. That's the reality new technology offers lens-wearers, but the exam, has critics, reports CBS 2's Suzanne Le Mignot.
Companies looking to improve performance and the bottom line should hire more female managers to run them.
That's less than the national average, which is rare, CBS 2's Brad Edwards reports.
Pallets of goods accumulate at a warehouse retailer in Shorewood. CBS 2's Adriana Diaz reports.
The buyers are considering opening a stock exchange in southwest China and also hope to list Chinese stocks in the U.S., Chicago Stock Exchange CEO John Kerin said in an interview Friday. The exchange needs the cash from the buyout to launch its new trading products and platforms, Kerin said.
Tribune Publishing said it received a $44.4 million cash infusion from a Chicago investor who has a stake in its rival newspaper the Chicago Sun-Times.
Drivers are enjoying some of the lowest prices at the pump in years, but as CBS 2's Vince Gerasole reports it comes at a price.
The move, which takes effect Feb. 15., lets families with children age two and under get settled in their seats before the rush of other passengers clamoring for overhead bin space.
In a move aimed at curbing the growing problem of "teen takeovers," D.C. U.S. Attorney Jeanine Pirro is threatening to bring charges against parents if their teens violate the local curfew.
State Rep. Josh Turek and State Sen. Zach Wahls squared off Thursday over which candidate can flip Iowa's open Republican-held Senate seat, as millions in outside spending reshapes the primary's final stretch.
Sens. Tammy Duckworth of Illinois and Tammy Baldwin of Wisconsin say their concern is there may be more emergency exit doors than flight attendants in the event of an evacuation.
Ald. Jim Gardiner (45th) is suing the city of Chicago, its inspector general's office, and the Board of Ethics, accusing them of defamation.
The Supreme Court has maintained mail access to the abortion pill mifepristone, setting aside for now a lower court order that blocked abortion providers from prescribing the widely used drug through telehealth and shipping it to patients.
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.
Chatham residents say they're losing a vital resource as Walgreen's prepares to close its store near 86th and Cottage Grove.
According to AAA, the average price of a gallon of regular gas in Chicago was $5.17 on Friday, up from $3.75 a year ago.
Peoples Gas and North Shore Gas Company customers are likely to see minor credits on their bills for the next three years, thanks to a $125 million settlement agreement announced Thursday by Illinois Attorney General Kwame Raoul.
Chicago gas prices are spiking as the war with Iran drags on, with regular gas nearing $6 in some spots and premium already selling for more than $7 in some places.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Engineers at Northwestern University have created a wireless polygraph to detect stress.
Chicago Mayor Brandon Johnson on Wednesday announced an expansion to the city's CARE Program, a specialized team that responds to mental health crises without police.
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
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.
Flight attendants at Chicago-based United Airlines have approved a new labor contract, marking their first pay increases in six years.
The Chicago Fire FC announced Wednesday morning that its new stadium in the South Loop will be named McDonald's Park.
U.S. prosecutors allege a man with multiple aliases used the name of the famed Astor family to scam a Mexican billionaire out of $450 million.
Thousands of people marched from the West Loop to Daley Plaza in downtown Chicago on Friday for May Day, with activists calling for workers' rights, stronger labor protections, and increased school funding.
The Chicago-born house music track, which began as a personal poem in 1982 and became a defining anthem of the city's house music scene, has been selected for permanent preservation by the Library of Congress.
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
David Allan Coe also had hits with "You Never Even Called Me By My Name" and "The Ride" among others.
Some youngsters got a behind-the-scenes look at the magic of making opera Sunday at the Lyric Opera of Chicago.
Matt DeCaro, an actor who was a familiar face on the Chicago stage for many years, died this weekend.
A graduate student from Brazil who went viral on social media for his quest to run every street in Chicago will get to stay in the U.S.
Hundreds of millions of listeners have tuned in over the decades to an organization that helped invent broadcast news. Bradley Blackbourn reports.
Meanwhile, Tehran says it will soon lay out a plan to move traffic through the Strait of Hormuz. Bradley Blackburn reports.
Meteorologist Laura Bannon has your 5 a.m. First Alert Weather forecast for Monday, May 18, 2026.
A 26-year-old man was shot in the face while driving on Western Avenue near 79th Street Sunday night.
One person is dead, and two others were hospitalized, in a home explosion in Wonder Lake, Illinois, far northwest of Chicago Sunday night.
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.
A woman appeared in court Sunday on charges that she stabbed her 2-month-old daughter to death in a home on Chicago's Southwest Side.
A graduate student from Brazil who went viral on social media for his quest to run every street in Chicago will get to stay in the U.S.
A man was hospitalized early Monday after he was shot in the face while driving on Chicago's Southwest Side.
Pothole complaints continue everywhere, but especially on one street in the Pullman neighborhood on the South Side of Chicago.
People in Lincoln Park and Lakeview have rallied against a plan to build a new industrial ComEd electrical substation in their neighborhoods, pushing local and state leaders to get involved.
Monday marks one year since Illinois enacted Karina's Law — legislation aimed at taking firearms out of the hands of people accused of domestic abuse.
Tenants at a South Shore apartment building said they've noticed their rent fluctuating by hundreds of dollars a month due to a change in how their utility billing system is set up.
A man from the Chicago suburbs lost $69,000 of his savings to a scam by a thief using an AI-generated U.S. Marshals badge to intimidate him.
Rookie Gabriela Jaquez set career highs with 20 points and eight rebounds, Kamilla Cardoso had 11 points and 12 rebounds, and the Chicago Sky beat the Minnesota Lynx 86-79.
Edgar Quero hit a two-run homer in the 10th inning and the Chicago White Sox beat the Chicago Cubs 9-8 on Sunday in the rubber game of their first crosstown series this season.
Murakami added his 17th homer in the fifth, a two-run shot to center off Jameson Taillon that traveled an estimated 428 feet.
Chris Brady had six saves for Chicago and has six shutouts this season.
Carson Kelly hit a tiebreaking single in the seventh inning and drove in four runs as the Chicago Cubs stopped a five-game White Sox winning streak with a 10-5 victory over their crosstown rival.
A man was hospitalized early Monday after he was shot in the face while driving on Chicago's Southwest Side.
Two women were shot and wounded Sunday evening in the South Austin neighborhood on Chicago's West Side.
A court hearing was held Sunday for a woman charged with stabbing her 2-month-old daughter to death in a home on Chicago's Southwest Side.
A motorcyclist was found with a gunshot wound on the Eisenhower Expressway on Chicago's West Side Saturday night.
The ages of the victims range from 19 to 55, according to Chicago police.
