Wall Street's financial maelstrom is threatening some of Chicago's largest companies. They are holding billions of dollars in exotic investments at the heart of the nation's financial crisis -- debt...
American Airlines says its new $15 fee for a passenger's first checked bag won't cause hassles for travelers hitting the skies this summer. Others warn it could lead to jammed...
Motorola Inc., which created and dominated the worldwide cell phone market, on Thursday announced it may shed that iconic business amid a breathtaking decline in sales and mounting losses in...
A Teamsters union bid to win over 5,000 mechanics from a smaller union could play into United Airlines' hands as it contemplates a merger and fields offers for its largest...
When Boeing Co. announced a costly, six-month delay in the first delivery of the world's fastest-selling airplane, the 787 Dreamliner, it singled out a shortage of bolts and screws as...
How long can United Airlines sit out the booming market for jetliners? A decade ago, Chicago-based United was the first airline in the world to fly Boeing Co.'s 777, a...
Federated Department Stores Inc., Macy's parent, is close to a deal to make good on its pledge to return Frango mint production to Chicago, a move aimed at assuaging hard...
Tribune Co. last year paid Chief Executive Dennis FitzSimons the highest performance bonus that he has received since becoming CEO in 2003 as he maneuvered the media company through an...
Tribune Co. executives stand to gain a windfall equal to 8 percent of the media giant's value after it goes private in an $8.2 billion transaction later this year, according...
When Tribune Co. goes private at the end of the year, its five highest-ranking executives stand to reap more than $50 million from their equity holdings alone, filings show. Presuming...