GO
Loading...

Chicago

More

  • WATFORD CITY, N.D.— Police chief Art Walgren knew how much the oil boom had changed this once-sleepy town when he spotted something that would have been unheard of not long ago: license plates from Sinaloa, Mexico, home to one of the world's most violent drug cartels. Before, there was little chance police would see cars here from nearly 2,000 miles away.

  • Proposed Illinois legislation would ban powdered alcohol Saturday, 24 Jan 2015 | 10:30 AM ET

    SPRINGFIELD, Ill.— A proposed Illinois law would ban the sale of powdered alcohol before it hits store shelves. Ira Silverstein, a Chicago Democrat sponsoring the measure, said he doesn't want the product to reach stores. His plan amends the state's Liquor Control Act of 1934, according to the Springfield bureau of Lee Enterprises Newspapers.

  • LAS VEGAS— Adult film production migrated from California to Nevada after voters in Los Angeles County approved a law requiring condom use on set. Nevada health officials said Friday that they're considering strict brothel-style regulations for a booming adult film industry following the announcement last month that two male performers tested positive...

  • American Airlines sued by mechanics union organizers Friday, 23 Jan 2015 | 7:53 PM ET

    Jan 23- Union organizers sued American Airlines on Thursday, alleging that maintenance directors pressured workers to skimp on federal safety procedures and threatened discipline if they reported too many maintenance flaws. They demanded punitive damages, an injunction to restrain airline managers from making further threats, as well as a trial by jury,...

  • US regulators close small Chicago bank Friday, 23 Jan 2015 | 7:31 PM ET

    The Federal Deposit Insurance Corp. said Friday that it has taken over Highland Community Bank, which operated two branches. United Fidelity Bank, based in Evansville, Indiana, agreed to assume all of Highland Community Bank's deposits and to buy essentially of the failed bank's assets. The failure of Highland Community Bank is expected to cost the federal...

  • DALLAS— A union group is suing American Airlines, claiming supervisors are pressuring mechanics to release planes before they are safe to fly. American Airlines denies the allegations, saying that it complies with federal safety rules. Airline spokesman Casey Norton said American works with the FAA "so that American's maintenance programs, practices,...

  • Atlantic City vs Detroit: Who is better off? Friday, 23 Jan 2015 | 5:22 PM ET

    Jan 23- "At least we're not Detroit," Atlantic City's Mayor joked just last week during his state of the city address. Yet by some measures, Atlantic City is in worse shape than Detroit, with which it shares such traits as a high poverty rate. While the Motor City's Big Three automakers emerged from crisis by the time Detroit was being restructured, Atlantic City's...

  • Amazon to start collecting sales tax in Illinois Friday, 23 Jan 2015 | 4:05 PM ET

    CHICAGO— Amazon will start collecting sales tax from Illinois consumers next month to comply with a new state law, the company said. Illinois lawmakers passed the measure last year after the state Supreme Court threw out an earlier attempt at legislation. "We want to say welcome, Amazon, to Illinois," said Rob Karr of the Illinois Retail Merchants Association.

  • CHICAGO— Illinois Attorney General Lisa Madigan rejected a proposed agreement ending the state's contract with the private vendor that ran the Illinois Lottery because of possible legal violations and the potential of higher fees, according to a letter made public Friday. Pat Quinn directed the Lottery last year to end its dealings with Northstar Lottery...

  • Caesars bankruptcy venue decision near Friday, 23 Jan 2015 | 3:30 PM ET

    LAS VEGAS— Delaware or Chicago: Troubled casino giant Caesars Entertainment Corp. should find out early next week where a subsidiary's Chapter 11 bankruptcy case will be decided. Caesars prefers Chicago, where its Caesars Entertainment Operating Co. filed for bankruptcy protection filed Jan. 15. Based only on previous cases, that may be easier to do in Chicago...

  • Anheuser-Busch is buying Seattle's Elysian Brewing Co., further expanding its collection of craft brewers as it tries to offset sagging sales of its flagship beers. That follows the purchase of Blue Point Brewing Co. on Long Island, New York, earlier in the year. It bought Goose Island Beer Co. in Chicago in 2011. InBev also has a one-third share in a Northwest...

  • Grain mixed, livestock lower Friday, 23 Jan 2015 | 10:58 AM ET

    CHICAGO— Grain futures were mixed Friday in early trading on the Chicago Board of Trade. Wheat for Mar delivery was unchanged at $5.3375 a bushel; Mar corn was 2.50 cents higher at $3.8625 a bushel; Mar oats were unchanged at $2.91 a bushel; while Mar soybeans lost 4 cents to $9.7275 a bushel. Apr live cattle was 2.80 cents lower at $1.4900 a pound; Mar feeder cattle was...

  • *Uber applies for radio taxi license in New Delhi. NEW DELHI, Jan 23- Uber, the U.S.-based online taxi-hailing company, has restarted services in India's capital after a ban following rape allegations against one of its drivers, but a government official said the company remains blacklisted. Uber's app showed taxis available for booking in New Delhi on Friday.

  • *Application follows tie-up in Korea, CEO job-creation promise. NEW DELHI, Jan 23- U.S. taxi-hailing app maker Uber Technologies Inc has restarted services in India's capital after a ban following rape allegations against one of its drivers, but a government official said the company remains blacklisted. The service restoration comes as Uber works to counter...

  • WASHINGTON— U.S. home rental prices continued to climb at a modest pace in December, but rapidly escalating costs in cities such as San Francisco and Denver suggest that apartment dwellers are facing more financial pressure. Prices rose 3.3 percent in December compared with 12 months earlier, real estate data firm Zillow said Friday. Rental prices have risen 52...

  • HONG KONG, Jan 22- International law firm Dentons and China's Dacheng Law Offices have agreed on a merger that is expected to create the world's largest law firm and would be only the second time a global firm and a domestic Chinese firm have joined forces. A spokeswoman for Dentons said partnerships of both firms had approved the deal and that China's Ministry of...

  • LONDON, Jan 22- European government borrowing rates plummeted to record lows, the euro weakened and stock markets rallied on Thursday after the European Central Bank launched a landmark bond-buying programme. The stubbornly stagnant euro zone economy and falling consumer prices in the currency bloc prompted the ECB to unveil a 60 billion euro a month...

  • On Thursday, Alaska Airlines projected a group low of $1.85 per gallon for the first quarter, down from $2.64 in the fourth quarter of 2014. United Airlines said it will pay between $1.96 and $2.01 per gallon for the quarter, down from $2.83 in the prior quarter. Southwest Airlines said it will pay $1.90 per gallon in the first quarter, down from $2.62 the previous...

  • United Airlines 4Q profit drops 80 percent on write-downs Thursday, 22 Jan 2015 | 11:24 AM ET

    CHICAGO— United Airlines' fourth-quarter profit fell 80 percent due to severance costs and contracts that lost value as oil prices tumbled. Excluding one-time charges for hedging, severance payments and other things, United Continental Holdings Inc. earned $2 billion in 2014, an 89 percent increase over the year before. "We're starting 2015 as a better...

  • Inside Chicago luxury  Thursday, 22 Jan 2015 | 10:54 AM ET

    CNBC's Diana Olick takes a look at what's driving Chicago's luxury rental market.