In Trump era, a call for corporate board diversity
A new report is out and it chronicles one of corporate America's oldest epic fails: An inability to fill major corporate boards with more women and minorities — the very...
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Suburbs vs. city: Who will win the wooing contest for Caterpillar’s headquarters?
It's on: Suburbs versus the city. That's among the area's oldest economic development matchups and, right now, an interesting contest is shaping up over who is going to win the...
For too many neighborhood businesses, bank loans are hard to get
When it comes to obtaining small-business loans, especially among minority-owned firms, too many Chicago-area entrepreneurs are getting a cold shoulder from the banks. That's one of the troubling discoveries from...
At the corner of happy and healthy, Walgreens still sells cigarettes. It’s time to kick the habit.
After decades of selling cigarettes and other tobacco-based products, the drugstore chain Walgreens Boots Alliance should screw up some corporate courage and finally kick the habit. Like beating any addiction,...
Cat’s new HQ goal: Change culture
To change a corporate culture, change the location of the corporate headquarters. In a nutshell, that seems to be the goal of James Umpleby, Caterpillar's recently named CEO, who is...
With executive order, Trump makes rookie managerial mistake
President Donald Trump, who took office claiming to be among the world's most experienced and savvy business executives, made a rookie managerial mistake when he issued an executive order Friday...
Local economy slows, and lawmakers aren’t helping
Right now, it looks like we'll be coping this year with a slow-as-it-goes local economy. There's demand for more downtown Chicago office buildings but the hot West Loop is filling...
‘The Founder’ chronicles McDonald’s past, but chain is focused on the future
The recently released movie "The Founder" cinematically chronicles the rise of Ray Kroc, a legendary entrepreneur and business force of nature, who during the 1960s persistently built McDonald's into a...
Local CEOs fight Trump’s immigration plan
An influential group of Chicago-area business leaders, including some of the city's most prominent current and past CEOs, is urging President Donald Trump to scuttle a crucial aspect of his...
In some Chicago neighborhoods, retail needs to follow rooftops
There's a real estate adage that goes "retail follows rooftops," and it means when enough people live in an area, store owners and operators soon swoop in to sell a...