Chicago Business
McDonald's reshapes board as longtime member Penrose retires
In addition to the departure of Penrose, McDonald's is adding three new board members.
Kraft Heinz recalling contaminated Capri Sun juice pouches
Kraft Heinz said the diluted cleaning solution is used on its food processing equipment. The company said it discovered that the solution had accidentally mixed with the juice after getting consumer complaints about the juice's taste.
Google announces intentions to purchase Thompson Center
Google Inc. announced its intention to purchase the James R. Thompson Center building in Chicago’s Loop for $105 million Wednesday morning. They plan to occupy the building by 2026 after extensive renovations.
McDonald's reports lower Q2 sales, charges weigh down profit
The Chicago burger giant said its revenue fell 3% to $5.72 billion in the April-June period. That was short of Wall Street’s forecast of $5.8 billion, according to analysts polled by FactSet.
Mayor Lightfoot presents 3 options for improving Soldier Field
Chicago Mayor Lori Lightfoot on Monday presented three options for renovating Soldier Field, the home of the Chicago Bears, but the team said it's not interested.
United Airlines 2Q profit of $329M misses Wall Street target
United Airlines said Wednesday that it earned $329 million in the second quarter as summer vacationers packed planes, but the results fell far short of Wall Street expectations due largely to soaring fuel prices.
Yelp to close Chicago office, says remote work is its future
In a blog post Thursday, Yelp Co-Founder and CEO Jeremy Stoppelman said the company will close its offices in New York, Washington, and Chicago on July 29. The online review and reservation company also plans to downsize its office in Phoenix.
Ken Griffin finally says enough, will move Citadel HQ to Miami
Billionaire hedge fund manager Ken Griffin has finally seen enough. Griffin sent a note to employees Thursday morning that he will relocate his investment firm's headquarters to Miami after more than 30 years in Chicago.
US pools close, go without lifeguards amid labor shortage
Chicago, which boasts one of the nation's largest aquatic programs — 77 public pools and 22 beaches that serve a population of nearly 2.75 million — pushed opening day for pools back to July 5 from June 24.
Kellogg to split into 3; snacks, cereals, plant-based food
The snack company, which accounts for 80% of Kellogg's current sales, will have dual campuses in Battle Creek and Chicago, with its headquarters in Chicago.
