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Business and Finance

Moody's warns Illinois about its credit rating

As vote on parking meter agreement nears, some aldermen still hope for a buyback option

Aldermen from the Committee on Finance spent another day going over the fine print of the city’s renegotiated parking meter lease agreement.

Mayor Rahm Emanuel brokered the changes to the deal between the city and Chicago Parking Meters LLC for the operation of Chicago’s parking meter system. Those changes affect how the city and the company collect meter data as well as when and where drivers are charged for parking.

Sears to transform some shuttered stores into data centers

Boeing to open design, support sites outside Seattle

Theresa Mintle to head Chicago Chamber

Caterpillar, union reach 6-year deal at S. Milwaukee plant

Nike to open Bucktown store

Giordano's truck to dish pizzas next week

Chicago beats out L.A. for major metro unemployment

Grainger to add 300 jobs downtown