Municipalities with ties to IMET stand pat on investments
Dozens of municipalities have taken their money out of the Illinois Metropolitan Investment Fund, but six entities that have a close tie to the public investment pool have stood pat....
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Suburbs, school districts lost millions in alleged investment fraud
The College of DuPage is among 13 suburbs and government agencies that lost more than $1 million each in taxpayer funds as a result of alleged fraud in a municipal...
Yellow Cab bankruptcy means couple may not see ‘a dime’ of $26M verdict
The company that operates Yellow Cab in Chicago filed for bankruptcy protection early Wednesday, just hours after a Cook County jury awarded nearly $26 million to a real estate executive...
Chicago Athletic Association given new life as hotel
A new hotel in Chicago set to open in May has a lot going for it: a historic building across from bustling Millennium Park and a wealthy owner with a...
Starbucks serves coffee with dollop of race relations
Starbucks' campaign to start conversations about race relations has provoked opinions all right — a lot of them critical of the coffee chain. On Monday, Starbucks launched a weeklong campaign...
Oprah to auction contents of Water Tower condo
Oprah Winfrey plans to sell antique furniture, paintings and other items from her condominium in Water Tower Place at a public auction April 25. Leslie Hindman Auctioneers on Monday announced...
Apple Watch app added automatically in iPhone update
IPhone owners are finding a surprise when they update their operating systems. A new app for the Apple Watch appears on the first home screen, causing some annoyance while sparking...
IMET hopes to recover large part of lost $50.4 million
A municipal investment fund hit by alleged fraud hopes to recover a significant portion of the $50.4 million loss in the next few months, according to public officials. The Illinois...
Suburbs withdraw from municipal investment pool after loss
An unexpected loss in a conservative, $2 billion municipal investment pool has led dozens of suburban villages, schools and libraries to take their tax dollars elsewhere. Local governments from Carol...
Jewel pays $400,000 for EEOC’s legal fees in 2012 court action
Jewel-Osco paid $400,000 to the Equal Employment Opportunity Commission to cover the agency's legal costs, after the supermarket chain violated a 2011 settlement of a disability lawsuit. The EEOC said...