The iPad Trumps Oil: Apple Is Most Valuable US Company
Investors seem to think you want an iPad more than oil, as Apple Inc. became the most valuable company in the United States, surpassing Exxon Mobil Corp. on Wednesday.
Watch CBS News
Investors seem to think you want an iPad more than oil, as Apple Inc. became the most valuable company in the United States, surpassing Exxon Mobil Corp. on Wednesday.
It's something most people take for granted, but the Kane County town of Sugar Grove on Wednesday has its first Golden Arches.
There's one positive side to the turmoil in the financial markets. Experts say gas prices should continue dropping for the next 90 days or so.
With renewed worries about the economy in the wake of the downgrade of the nation's credit rating, nearly 10,000 people showed up for a job fair hosted by Congressman bobby Rush on Tuesday.
A massive selloff on Wall Street Monday after the U.S. credit rating slip made for the worst single-day loss since December 2008. In Chicago, the news was depressing and worrisome.
Chicago Treasurer Stephanie Neely is trying to reassure residents that the nation's downgraded credit will not harm city finances.
A local company that is the only harmonica manufacturer in the United States is closing its doors.
All signs point to another rough day in the financial markets Monday morning, on the first day of trading since the historic U.S. credit downgrade.
While Sears Holding Corp. is considering leaving its suburban Chicago headquarters and taking more than 6,000 jobs out of Illinois, the costs - in money, lost employees and disruption - make moving an expensive proposition, one that some experts say they doubt the struggling retailer will undertake.
Traders and investors alike are hoping for a turnaround in the markets Friday, particularly after the better-than-expected news in the unemployment report.
CBS 2's Mike Parker talks with some local players about the catastrophic losses the markets suffered Thursday.
The former state Senator husband of former Playboy chief executive officer Christie Hefner is paying a hefty price for insider trading.
FedEx has just rolled six all-electric delivery trucks into service in Chicago, and they've really been turning heads.
By the end of next year, food giant Kraft could be two separate companies.
The job outlook is dismal, but there is hope, if you have the right skills for the jobs available. As CBS 2's Roseanne Tellez reports, there's a program in Chicago that re-trains people who thought they had jobs for life, only to be downsized out of the workplace.
The Justice Dept. says it's investigating a group of protesters in Minnesota who disrupted services at a church where a local ICE official apparently serves as a pastor.
Looking overseas, there is wide opposition to the idea of taking Greenland by force.
Mr. Trump previously threatened to impose tariffs against countries that do not support his plans to acquire the territory.
The country's leader criticized President Trump on Saturday, blaming him for "casualties, damages and accusations" against Iran.
A Minnesota judge put limits Friday on the tactics that federal law enforcement are permitted to use in their handling of protests over the Trump administration's surge of immigration resources to Minneapolis.
Police in the west Chicago suburb of Geneva are warning of a scam involving spoofed phone numbers.
Protesters on Tuesday were cranking up the heat on Peoples Gas over a recently proposed rate hike that would add an additional $10 to $11 a month to utility bills.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
As this holiday season nears its end, Illinois Treasurer Alexi Giannoulias issued a warning Tuesday about text scams.
A new report shines a light on electricity shortages that Illinois could face in less than 10 years.
Roughly 1.4 million fewer Americans have signed up for an Affordable Care Act plan as expiring tax breaks drive up premiums.
January is Radon Action Month, and the Cook County Department of Public Health is urging residents to test their homes for radon.
Severe flu season is sending many people to hospital emergency rooms across the country, including in the Chicago area.
Unionized health care workers this week took aim at Northwestern Medicine, saying the health care system needs to hire more people before expanding the emergency room at Northwestern Memorial Hospital.
The Illinois Department of Public Health announced Tuesday that its recommendations for childhood vaccines will not be affected by a change in federal guidelines.
United Airlines flight attendants picketed outside Chicago's Willis Tower Thursday morning as they fought for a new contract.
WSCR-AM, 670 The Score, will begin a simulcast on 104.3 FM next month.
Does the Chicago Bears' dramatic improvement this season, culminating in their first playoff run in five years, change the discussion about where they will build a new stadium?
The Piggery, a popular barbecue restaurant and bar in the northwest corner of Chicago's Lakeview neighborhood, announced Thursday that it is going out of business.
The Lincolnwood Town Center mall in the north Chicago suburb of Lincolnwood has been sold to a developer, the village announced Wednesday.
Monday is the opening day for a new exhibit at the Griffin Museum of Science and Industry that immerses visitors into the imaginative world of award-winning fashion and costume designer Paul Tazewell.
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."
Chicago Theatre Week brings value-priced tickets for shows from Feb. 5 until Feb. 15 at Chicago's stage venues. Tickets can sell for $30, $15, or even less.
President Trump’s so-called “One Big Beautiful Bill” that ushered in a handful of changes.
A midday fire damaged three businesses, including a popular bakery, in McHenry, Illinois, on Sunday afternoon. Asal Rezaei reports.
Looking ahead in a new year, it’s a great time to get inspiration on paper with vision boarding. Amy Johnston, clinical director at Urban Wellness, joins Marie Saavedra to explain.
Events are planned around Chicagoland honoring Dr. King’s legacy, including the Rainbow PUSH Coalition’s MLK Breakfast, which is part of the organization’s 37th annual MLK Commemoration Weekend program.
A University of Michigan survey found only about half of parents say their kids should never use curse words.
Despite a forced OT by the Bears in the fourth against the Rams, Chicago's playoff run comes to an end.
Despite forcing OT with a catch in the final minute in the 4th Quarter, the Chicago Bears' playoff journey comes to an end.
A Cold Weather Advisory was in effect Monday morning as Arctic air sends temperatures crashing to dangerous lows.
McHenry firefighters were called to the Riverside Bakery shop around 12 p.m. on Sunday.
A man was stabbed in the stomach on Monday morning in the South Loop.
Even as Mayor Brandon Johnson has warned of possible mid-year city worker layoffs if revenue estimates in the budget fall short, city employees and workers at the city's sister agencies owe a mountain of outstanding debt to the city.
Lead-based paint was banned for serious health reasons in 1978, but most homes built before then remain covered in it.
Fire department officials in Chicago's western suburbs said drone technology has been helping keep firefighters safe and make a major impact on public safety.
With the stores becoming a common target for thieves, some of the stores in the Chicago area are taking new steps to fight back.
As thousands of people are expected downtown for New Year's Eve celebrations, Mayor Johnson, the Chicago police, and the Office of Emergency Management and Communications are trying to get out ahead of any safety concerns.
Despite forcing OT with a catch in the final minute in the 4th Quarter, the Chicago Bears' playoff journey comes to an end.
Chicago led 70-51 at the half and the advantage stayed above 20 points for most of the second half.
The focus is going to be on Soldier Field Sunday night as the Chicago Bears take on the Los Angeles Rams for the NFC Divisional Round of the NFL Playoffs.
Before the game, the Blackhawks honored their three Stanley Cup champion teams from the 2010s, with 29 players from those squads returning to pose with the Cup.
Tre Singleton added 14 points as the Wildcats dropped their fifth straight.
A jewelry store in Chicago's Little India district was robbed at gunpoint Sunday evening.
A man was arrested and charged this weekend with a string of armed robberies and burglaries within a period of just over an hour earlier this month in Chicago.
The ages of the victims range from 17 to 40, according to Chicago police.
Chicago police this weekend issued a warning about a string of strange vehicle break-ins in Chicago's Hyde Park neighborhood, most recently this past Thursday.
Chicago police have issued a community alert on a string of burglaries this week targeting businesses from the north lakefront to the Southwest Side.
