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Chris Sweda/Chicago Tribune/TNS

Stellantis set to delay Illinois plant reopening, UAW official says

Business / Business News /

A local United Auto Workers union leader said it appears Stellantis NV will delay reopening its Belvidere Assembly Plant in Illinois, but the automaker isn't confirming any change in plans for the 5 million-square-foot facility that closed in 2023.

Matt Frantzen, president of UAW Local 1268, which represents members in Belvidere, said the ...Read more

Eileen T. Meslar/Chicago Tribune/TNS

Lurie Children's planning new hospital in Chicago suburbs

Business / Business News /

Lurie Children’s Hospital is in the early stages of planning a new children’s hospital in the Downers Grove area, Lurie announced Wednesday.

The new hospital would be the system’s first hospital with inpatient beds outside of its main facility in downtown Chicago. The plan follows years of closures of pediatric units at community ...Read more

Vincent Alban/Chicago Tribune/TNS

Illinois Racing Board suspends harness racing license at Hawthorne Race Course due to financial troubles

Business / Business News /

The Illinois Racing Board has suspended the operating license for harness racing at Hawthorne Race Course, citing ongoing financial difficulties.

The board cited Suburban Downs, which operates harness racing at Hawthorne, Monday for “failure to provide documentation demonstrating its financial integrity,” and proof that it can meet the ...Read more

Daniel Slim/AFP/Getty Images North America/TNS

The Fed didn't cut interest rates. Here are 5 things to watch next

Business / Business News /

The Federal Reserve left interest rates alone at its first meeting of the year, keeping borrowing costs at a multiyear high for Americans as policymakers grow more cautious.

The decision means Fed policymakers will keep their benchmark rate in a target range of 3.5-3.75%, pausing a recent string of three rate cuts that began in September 2025. ...Read more

SAUL LOEB/AFP/Getty Images North America/TNS

Fed holds rates steady, nods to stabilization in jobless rate

Business / Business News /

Federal Reserve officials left interest rates unchanged and pointed to improvements in the U.S. economy as they signaled a more cautious approach to potential future adjustments.

The Federal Open Market Committee voted 10-2 Wednesday to hold the benchmark federal funds rate in a range of 3.5%-3.75%. Governors Christopher Waller and Stephen ...Read more

L.E. Baskow/Las Vegas Review-Journal/TNS

Entertainer's removal from Nevada's 'Black Book' would be unprecedented

Business / Business News /

The Nevada Gaming Commission on Thursday is expected to decide whether it will consider the unprecedented removal of a living person from the Nevada Gaming Control Board’s List of Excluded Persons.

Commissioners will consider whether a hearing is in order for Francis Citro, 80, a Las Vegas man who was placed on the list, also known as Nevada�...Read more

Free rent, few takers: Despite incentives, labs aren't taking space in San Diego

Business / Business News /

SAN DIEGO — Life science space is dead.

While asking rents have decreased for 14 consecutive quarters, landlords have given huge concessions — from tenant improvement subsidies to a year of free rent.

Still, biotechs aren’t biting.

Across 22 deals, just under 300,000 square feet of space was leased in the last three months of 2025, down...Read more

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Grubhub will air its first Super Bowl ad, directed by Greek filmmaker Yorgos Lanthimos

Business / Business News /

The Bears didn’t get to the Super Bowl this year, but one Chicago company will be making its first appearance.

Grubhub, the pioneering Chicago-based food delivery service, announced Monday it is running a TV commercial during the Super Bowl LX broadcast Feb. 8 from Levi’s Stadium in Santa Clara, California.

The Big Game is a big bet for ...Read more

Ellen M. Banner/Seattle Times/TNS

Amazon to lay off 16,000 and close Amazon Fresh stores

Business / Business News /

Amazon is laying off another 16,000 employees and closing all of its Amazon Fresh and Amazon Go locations.

The e-commerce titan said Wednesday that the latest reductions are part of ongoing efforts to streamline the company.

"We've been working to strengthen our organization by reducing layers, increasing ownership, and removing bureaucracy," ...Read more

Johannes Eisele/Getty Images North America/TNS

Pinterest to cut up to 15% of its workforce as focus on AI intensifies

Business / Business News /

Pinterest said Tuesday it's planning to slash up to 15% of its workforce.

The San Francisco-based image-sharing platform used for inspiration for home decor, fashion and other interests is laying off workers as part of a restructuring plan.

It will partly use the savings to fund "AI-focused roles and teams that drive AI adoption and execution,...Read more

Nick Wagner/The Seattle Times/TNS

Starbucks ignored maggots, safety concerns, ex-VP lawsuit claims

Business / Business News /

SEATTLE — A former Starbucks vice president is suing the Seattle-based coffee giant over wrongful termination and sex discrimination allegations.

Janice Waszak filed the complaint Monday in King County Superior Court, alleging that her employer illegally canned her after she raised concerns about the safety and functionality of an equipment ...Read more

Los Angeles Times/Los Angeles Times/TNS

Expiration of federal health insurance subsidies: What to know in California

Business / Business News /

Thousands of middle-class Californians who depend on the state-run health insurance marketplace face premiums that are thousands of dollars higher than last year because enhanced federal subsidies that began during the COVID-19 pandemic have expired.

Despite fears that more people would go without coverage with the end of the extra benefits, ...Read more

Ricardo Ramirez Buxeda/Orlando Sentinel/TNS

Florida still leads the way, but global spaceports could soon top 100

Business / Business News /

With Florida leading the world in launches again in 2025 and with no signs of slowing down, the state is ground zero for challenges for a growing industry as other spaceport players across the U.S. and world start to build momentum.

“We finally cracked triple digits. Got to 109 launches,” said Dale Ketchum, Space Florida’s vice president ...Read more

Robin Buckson/The Detroit News/TNS

GM hourly workers to get lower profit-sharing payouts than in 2024

Business / Business News /

More than 47,000 hourly workers at General Motors Co. will get profit-sharing payments of $10,500 for 2025 as the automaker posted full-year earnings of $2.7 billion despite sliding to a $3.3 billion fourth-quarter loss, according to financial data released Tuesday.

For every $1 billion GM makes in North America, the automaker's hourly U.S. ...Read more

Jennifer Buchanan/The Seattle Times/TNS

Boeing's certification 'hangover' drags on with new 777X issue

Business / Business News /

As Boeing celebrated a successful 2025 with increased profits and higher commercial airplane production, company executives were already focused on the challenges ahead.

Speaking Tuesday, Boeing CEO Kelly Ortberg told investors the manufacturer planned to again increase 737 Max production this year, and had begun preparing for a fourth Max ...Read more

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Is social media harmful for kids? Meta and YouTube face trial after TikTok settles suit

Business / Business News /

TikTok agreed to settle the first in a series of closely watched product liability cases Monday, bowing out on the eve of a landmark trial that could upend how social media giants engage their youngest users and leave tech titans on the hook for billions in damages.

The settlement was reached as jury selection was set to begin in Los Angeles ...Read more

Alex Kormann/Minnesota Star Tribune/TNS

Minnesota companies fund $3.5 million in grants to help small businesses during ICE surge

Business / Business News /

MINNEAPOLIS — Several of Minnesota’s largest companies are funding $3.5 million in grants for small businesses that are financially struggling during the ongoing federal immigration crackdown in the state.

The Minneapolis Foundation announced the grants Tuesday and will start distributing money in the coming weeks. The nonprofit will ...Read more

Ken Lambert/The Seattle Times/TNS

Amazon is closing its Fresh grocery, Go convenience stores

Business / Business News /

Amazon.com Inc. is shuttering its Amazon-branded grocery stores and automated grab-and-go markets, eliminating two centerpieces of its push into physical retail.

Amazon Fresh and Amazon Go stores will close, the company said in a blog post on Tuesday, with some locations converted into Whole Foods Market stores.

“While we’ve seen ...Read more

Alex Wong/Getty Images North America/TNS

UPS to cut another 30,000 jobs in sweeping cost-savings push

Business / Business News /

United Parcel Service Inc. expects to cut as many as 30,000 positions this year, part of an ongoing effort by the package-delivery giant to rein in costs and boost profitability.

The reductions to its operational workforce — a group that includes drivers and package handlers — will be achieved largely through attrition and voluntary ...Read more

Jennifer Buchanan/The Seattle Times/TNS

Boeing's recovery continues with more Max deliveries

Business / Business News /

Boeing continued to recover in 2025 as it increased 737 Max production, though the manufacturer kept facing delays certifying new commercial aircraft programs.

Boeing reported a $2 billion profit, or $2.48 earnings per share, in 2025, a significant shift from the previous year, when the company was reeling from a midair fuselage blowout at the ...Read more