After The Bell: Stocks Close Lower On Global Growth Concerns
Stocks closed lower on Tuesday as international growth concerns and a decline in global commodity prices weighed on investor sentiment.
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Stocks closed lower on Tuesday as international growth concerns and a decline in global commodity prices weighed on investor sentiment.
The e-commerce and online deals company said in a blog post Tuesday that the cuts are mainly in its international business. Having already closed its operations in Greece and Turkey, Groupon says it is also leaving Morocco, Panama, the Philippines, Puerto Rico, Taiwan, Thailand and Uruguay.
Ald. Roberto Maldonado (26th), the measure's chief sponsor, said he's a regular customer of food carts in his neighborhood, even though they've been banned by the city for decades.
Cab drivers in Chicago and elsewhere staged a global protest Wednesday against Uber and other ride-sharing companies, demanding they be regulated like taxis.
Stocks traded higher on Tuesday as investors digested mixed economic data and monetary policy options ahead of this week's important Federal Reserve meeting and statement.
Motorola Solutions, which makes communications and other equipment for government and public safety agencies, is moving its global headquarters from suburban Schaumburg to downtown Chicago, reports WBBM Political Editor Craig Dellimore.
Morton Salt will be closing its longtime warehouse on Elston Avenue in October 2016, the company announced Tuesday.
Business groups said Friday the business climate in Illinois is among the worst in the U.S., making it much less attractive to companies that might want to move here or stay here.
The transformation of the third level of Block 37 into a giant Latin-themed food hall is well underway, CBS 2's Roseanne Tellez reports.
According to federal airline statistics, 78.1 percent of flights on the major carriers arrived on-time in July, up from 74.8 percent the previous month and 75.6 percent in July of last year.
Plenty of Chicagoans were lined up at Chipotle restaurants on Wednesday, but it wasn't just to buy burritos. The Mexican food chain was holding a one-day hiring blitz, in an effort to hire 4,000 new employees nationwide.
The decision to switch to cage-free eggs signals a growing sensitivity among customers to animal welfare issues. That has been fueled in part by places like Chipotle that have made animal welfare standards part of their marketing.
Stocks closed sharply higher Tuesday, recovering some of last week's losses, as traders were encouraged by a rally in global equity markets.
United Airlines says Jeff Smisek has stepped down as CEO, chairman and president effective immediately and has named Oscar Munoz as president and chief executive officer.
Danielle Carter-Walters may be known to some as the face of the Chicago Flips Red group. Now, the 52-year-old Chicago native and small business owner is running for mayor as a Republican in a crowded field of Democrats.
CNN was set to provide pool coverage on Monday and accompany President Trump on a trip to New York City, but there will not be a network TV pool team traveling with him.
Illinois Gov. JB Pritzker revealed to "CBS Mornings" that for the last two years he has been using a GLP-1 medication to lose weight.
The three news organizations, which were banned from White House grounds by President Trump, are arguing that the ban is unconstitutional.
President Trump said that he has agreed to convert plans for a massive triumphal arch into a "top grade Military Complex," equipped with snipers and drone storage.
Fuel prices continue to climb across the country, and that has U.S. Sen. Dick Durbin (D-Illinois) pointing the finger at President Trump.
Nicor customers will get a break on their bills this fall after Illinois Attorney General Kwame Roul reached an agreement with the utility to cut $140 million from its requested rate hike.
Drivers in Chicago and beyond were paying the highest gas prices ever recorded for the Labor Day holiday as millions of Americans were making their way home on Monday.
Around 115 million domestic and international tourists visited Illinois last year, pushing visitor spending past $50 billion for the first time and generating more than $88 billion in total economic impact.
Illinois Attorney General Kwame Raoul filed a lawsuit Thursday against ABC Plumbing, Heating, Cooling & Electric Inc., alleging deceptive business practices.
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
A judge on Tuesday was expected to place two shuttered Chicago-area safety-net hospitals into receivership.
Cardinal Blase Cupich and a group of Catholic nuns have joined a federal lawsuit challenging Illinois' Medical Aid in Dying law, which is set to take effect in just over a week.
Flies have been everywhere this summer in the Chicago area, and some of them bite. But why is this happening?
Prime Healthcare is drawing criticism after announcing it will stop obstetrics services at three Chicago-area hospitals.
The future of Rate Field was back in the spotlight on Wednesday.
Plans for a new Chicago White Sox stadium in the South Loop have residents near the existing ballpark in Bridgeport concerned, not just because the team might be leaving, but also what might be coming nearby.
A new report from the University of Illinois Chicago said federal immigration enforcement led to $1.26 billion in unspent money at retail establishments and restaurants in Cook County.
Around 115 million domestic and international tourists visited Illinois last year, pushing visitor spending past $50 billion for the first time and generating more than $88 billion in total economic impact.
A new Whole Foods Market is coming to Chicago's Old Town neighborhood.
An autopsy by the Greenville County Coroner's Office determined Hayden Panettiere's death was due to an accidental overdose of several drugs, including fentanyl.
Nike-owned Converse acknowledged that an ad for its Chuck Taylor sneaker is "deeply upsetting."
Presley Gerber, the son of Cindy Crawford and Rande Gerber, has died at 27, a family spokesperson has confirmed.
Duncan Sheik died on Thursday night, his family said.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Here's how you can see the Chicagohenge.
Meteorologist David Yeomans has the extended forecast.
Part of a street on Chicago's South Side was honorarily renamed Tuesday for Dr. Donda West, a scholar and the mother of rap star Kanye West.
Police in Lake Geneva, Wisconsin, released dashcam footage of a high-speed car chase which ended with the driver crashing into Lake Como.
President Trump addressed the United Nations General Assembly on Tuesday, claiming he’s made the world safer.
Oak Forest High School was placed on lockdown as police responded to a "possible threat" on Tuesday morning. School has since been dismissed.
Thousands of workers at dozens of downtown Chicago hotels have voted to authorize a strike, which their union said would be the largest in the city's history.
Chicago police were searching Monday morning for the gunmen who robbed multiple women and stole their jewelry in Chicago's Lincoln Park neighborhood.
A new report says Illinois has made significant progress in reducing greenhouse gas emissions, but it's not yet on track to meet its net-zero goal by 2050.
Part of a street on Chicago's South Side was honorarily renamed Tuesday for Dr. Donda West, a scholar and the mother of rap star Kanye West.
The village of Grayslake is touting a new massive data center, but neighbors say they weren't given an opportunity to make their voices heard before the project was approved.
A Cicero woman is suing Uber and a driver after the driver allegedly sexually assaulted her. She and her boyfriend said Uber hired him despite the driver having a criminal background.
Both hospitals were supposed to be placed in receivership, but after five hours of closed-door negotiations on Tuesday, it is still unclear what the future holds for both hospitals.
Chicago police crime data show 255 reported crimes in the last two years on the two blocks where the former Hard Rock and Rainforest cafés sit vacant. Neighbors have been calling the city about the alley between them for six years.
A three-year effort by the Cook County Sheriff's Office to help bring down crime on the Magnificent Mile in downtown Chicago appears to be working.
Chicago Bears head coach Ben Johnson says quarterback Caleb Williams "will likely miss some time," but is considered "week to week" after injuring his hamstring in Sunday's 9-3 loss to the Minnesota Vikings.
Sam Antonacci had a two-run double in a three-run fourth inning and the Chicago White Sox kept pace in the AL Central and eliminated the Detroit Tigers from playoff contention with a rain-soaked victory Sunday.
For the fans, the focus right now is on how Williams and the rest of the team perform on the field. Some are already dreaming of a Super Bowl appearance.
Chicago (87-69) reduced its magic number to one and could wrap up a berth if the Diamondbacks lose to the Yankees later Sunday.
Williams departed with a right hamstring injury midway through the fourth quarter.
A man was found shot and killed Monday morning in Chicago's West Pullman neighborhood.
Chicago police were searching Monday morning for the gunmen who robbed multiple women and stole their jewelry in Chicago's Lincoln Park neighborhood.
Burglars smashed an ATM at a gas station minimart in Chicago's West Town community early Monday, but failed to get any money, an employee said.
Thieves crashed a vehicle into a convenience store on Chicago's Near North Side early Monday and stole the ATM.
Vandals smashed out the windows of the Haymarket Pub & Brewery in Chicago's West Loop early Monday.
