Kraft Heinz is delaying its breakup and betting $600 million on profitable growth. With sales falling and consumer habits shifting, analysts aren’t convinced it will be enough.

The 30 aldermen who approved the 2026 budget are forming seven working groups to monitor the Johnson administration's ...

Baxter shares fell after the Deerfield medical device maker forecast 2026 profit below Wall Street expectations, citing lingering hurricane damage and infusion pump uncertainty.

Cook County's delinquent tax sale got moved to March while Illinois counties waited in vain for Springfield to fix a system the Supreme Court ruled unconstitutional. Legislators will have to act fast ...

Nuveen is buying Schroders Plc in a $13.5 billion deal, creating one of the world’s largest active asset managers with nearly $2.5 trillion of assets.

Illinois lawmakers reopening a fierce debate in the AI era with a bill requiring data centers to pay millions toward energy assistance and renewable power.

The 17-story building at 70 E. Lake St. is framed as a prime redevelopment candidate amid weak demand for workspace.

Chicago executives are bullish and plan to ratchet up hiring in 2026, a new KPMG survey finds, even as concerns about economic turbulence and trade wars dominate the headlines.

Northwestern Medicine and Siemens aim to improve the treatment experience for cancer patients, from shorter wait times to better diagnostics.

After a leadership shakeup and bumpy expansion spree, Portillo’s has named Brett Patterson CEO to help steer its future growth.

Providers and public health leaders are assessing the impact of the latest attack by Health & Human Services on funding directed at Democrat-led states.

The publisher of suburban Chicago's largest daily newspaper, the Daily Herald, is looking at a potential bidding war with at least one suitor reportedly showing interest and the deep-pocketed owner of ...