Chicago Tribune

Cannabis entrepreneurs in Illinois expected business permits to be handed out on July 1, but they'll have to wait a bit longer for the state’s approval. Gov. J.B. Pritzker inked an executive order on Monday to postpone licensing of over 80 cannabis-related operations. Pritzker,...

Illinois-based Revolution Enterprises announced Wednesday the new chairman of the company’s board of directors will be Tony Hunter. Hunter is known for his expertise in the media world, as he worked for Chicago Tribune Company for 20 years, including eight years spent as Publisher of the...

Tronc Inc (NASDAQ: TRNC), the newspaper chain that owns the Los Angeles Times and The Chicago Tribune, is buying the tabloid New York Daily News for the princely sum of $1, a sign of how far the fortunes of newspapers have fallen. The tabloid, which has battled Rupert Murdoch’s News Corp (...

Have you ever looked up home values on Zillow Group, Inc. (NASDAQ: Z) and noticed they were much higher or lower than anticipated? You are not alone. The lack of accuracy from Zillow’s "Zestimates" tool, which quickly appraises the value of homes nationwide, has been under fire from realtors...

The Coca-Cola Co (NYSE: KO) and PepsiCo, Inc. (NYSE: PEP) may have to reinvent themselves soon if they are to survive and flourish, as the tide turns against soft drinks and toward hard soda. What Is Hard Soda? Hard soda is quite simply a carbonated drink containing alcohol. It is manufactured...

Since the days leading up to the election, President Donald Trump has had a lot to say about big-brand news. On January 8, after reports clarified border-wall financing, Trump tweeted that the media was “dishonest” and “fake.” On January 11, he called Buzzfeed a “pile...

Shares of Mondelez International Inc (NASDAQ: MDLZ) were moving higher Thursday following a report that Kraft Heinz Co (NASDAQ: KHC) was in talks to acquire the company. Rumor's Roots The news was first reported by German paper Bilanz after-hours Wednesday, although several different...

After a seven-month courtship that veered from strong affinity to acrimonious mud-slinging, Gannett Co Inc (NYSE: GCI) called off its merger talks with tronc Inc (NASDAQ: TRNC). Checkered M&A Move The initial move was made in April, and upon hitting rough weather, Gannett went public with an...

Sterling Bay — a Chicago-based real estate developer, investor, builder and innovator — has revealed a proposed design for McDonald's Corporation (NYSE: MCD)'s new headquarters building, according to a report on CNN Money. CNN Money said, "The unveiling of the $250 million development...

Underwater mortgages are loans that are higher than the actual market value of the property they are financing, and Chicago has the highest percentage of them among major metropolitan areas in the U.S. In report issued Wednesday, Zillow Group, Inc. (NASDAQ: Z) (NASDAQ: ZG) stated that Chicago had...

On Monday, Samantha Bomkamp of the Chicago Tribune wrote that Dunkin Donuts of the Dunkin Brands Group Inc (NASDAQ: DNKN) has begun an online delivery service in the Chicago metro area. Dunkin Donuts’ recent entry into the delivery business follows the lead of many of its competitors,...

Shares of TASER International, Inc. (NASDAQ: TASR) fell nearly 8 percent on Tuesday. The drop appears to be in relation to a press release from Motorola Solutions Inc (NYSE: MSI), which announced its entry into the police body camera space. According to the release, Motorola is coming out with its...

Gannett’s (NYSE: GCI) announcement last Tuesday that it planned to spin off its print business, including USA Today, into a separate company was only the latest of several recent media spinoffs. Here's a look at how the deal stacks up against the others. The Debt Question Gannett...

Archer Daniels Midland (NYSE: ADM) said Monday it would acquire privately held Swiss company Wild Flavors for $3.13 billion, the biggest acquisition yet for the agribusiness giant. Wild Flavors, founded in 1931, produces natural-based flavors and “flavor systems” that give food...