Chicago
Healthy Returns: Drugmakers release promising cancer drug data – and AstraZeneca wins big
Attendees walk through the lobby at the American Society of Clinical Oncology annual meeting in Chicago. Tim Boyle | Bloomberg | Getty Images Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Good morning! I’m back in New York City after spending the last weekend in […]
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Wayfair to open its first large store, as physical locations make a comeback
Wayfair store in Wilmette, Illinois. Courtesy: Wayfair What retail apocalypse? Online home goods retailer Wayfair is opening its first namesake store, near Chicago, following a string of other digitally native companies that have turned to brick-and-mortar for growth. In an ironic twist for a company that became a $12 billion powerhouse by persuading consumers to […]
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Bally's shareholders wage battle over ownership, 'unfunded development projects'
An exterior view shows the Tropicana Las Vegas at dusk on March 29, 2024 in Las Vegas, Nevada. David Becker | Getty Images As the famous Tropicana in Las Vegas closes its doors Tuesday, its operator Bally’s Corporation is facing its own existential battle. At stake: ownership, its status as a publicly traded company and […]
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McDonald’s and other restaurant chains look to the Sun Belt for growth as population soars
A Portillo’s Beef Bus in Kissimmee, Florida. Source: Portillo’s When Chicago-based Portillo’s enters a new market, it sends its “Beef Bus” ahead of time, slinging its hot dogs and Italian beef sandwiches to new customers for weeks, introducing them to the brand and whetting their appetites before a new restaurant finally opens. Recently, the Beef […]
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Here are this year's most competitive rental markets
Apartments are seen undergoing construction on February 28, 2023 in Austin, Texas. Brandon Bell | Getty Images The apartment market is finally loosening up. At the same time, competition is heating up in some key markets. There is an enormous supply of new apartments coming online this year. And rents have fallen for six straight […]
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New Kia Carnival minivan will be offered as a hybrid and maintain its SUV design
CHICAGO – Kia Motors is adding a hybrid model to its Carnival minivan to meet increasing consumer demand for the technology and assist in meeting tightening federal fuel economy standards. Hybrids are a growing option for automakers as they strive to make vehicles more efficient and avoid costly federal fuel economy and emissions standards. They’re […]
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3 persons indicted in $400 million FTX hack conspiracy
The collapse of FTX has despatched shockwaves by way of the cryptocurrency marketplace. The cost of bitcoin and other important digital cash have fallen sharply as problems at FTX emerged. Jakub Porzycki | Nurphoto | Getty Pictures Three people had been indicted for an id-theft conspiracy that allegedly integrated the $400 million hack in late […]
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McDonald's to open first CosMc's spinoff restaurant this week
McDonald’s CosMc’s Restaurant. Courtesy: McDonald’s McDonald’s will open the first location of its new spinoff brand CosMc’s this week in Bolingbrook, Illinois. The fast-food giant plans to open 10 CosMc’s locations, including nine restaurants in Texas, by the end of 2024 in a test. McDonald’s will then spend a year analyzing data to decide whether […]
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South Korea stocks dip 3% major region’s losses as traders parse China trade data, RBA charge hike
China’s imports surprise with development in Oct, but exports drop a lot more than predicted China described a worse-than-envisioned drop in exports in Oct, while imports surprisingly rose as opposed to a calendar year back. China’s customs company stated exports in U.S. greenback conditions fell by 6.4% in October from a calendar year back. That […]
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Asia-Pacific stocks set to drop forward of China inflation information
August was marked by exceptionally hot temperatures in components of China, prompting short term energy rationing in some regions. Pictured in this article on Aug. 24, 2022, is the central metropolis of Chongqing’s skyline with the lights partially turned off to conserve strength for the duration of the heatwave. Vcg | Visual China Group | […]
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