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  • Senate Republicans pass massive $1.5 trillion tax overhaul on 51-49 vote

    Senate Republicans pass massive $1.5 trillion tax overhaul on 51-49 vote

    Republicans pushed a nearly $1.5 trillion tax bill through the Senate early Saturday after a burst of eleventh-hour horse trading, as a party starved all year for a major legislative triumph took a giant step toward giving President Donald Trump one of his top priorities by Christmas. "Big bills...

  • Macy's hiring 7,000 more holiday workers

    Macy's hiring 7,000 more holiday workers

    Macy’s says it needs 7,000 more employees to work in its stores, after hiring 80,000 temporary workers to help with the holiday rush. "Macy's has had a great start to this holiday season with high customer volume across our business. Due to the strong traffic in our stores, we are adding associates...

  • Robots could soon replace nearly a third of the US workforce

    Robots could soon replace nearly a third of the US workforce

    Over the next 13 years, the rising tide of automation will force as many as 70 million workers in the United States to find another way to make money, a new study from the global consultancy McKinsey predicts. That means nearly a third of the American workforce could face the need to pick up new...

  • Critics wonder why Congress would give more to corporations, already flush with cash

    Critics wonder why Congress would give more to corporations, already flush with cash

    U.S. business shows little sign of needing the hefty tax cut that congressional Republicans are rushing to enact into law, according to several analysts. Big business already is posting record profits while paying less than half the share of Washington's bills that it paid a half century ago. So...

  • Plan, give and spend smart to avoid holiday debt

    Plan, give and spend smart to avoid holiday debt

    If you don’t have a holiday savings fund stashed away, smart planning and clever shopping can ensure you don’t end up struggling to pay off debt.

  • US stocks mostly recoup their losses after early slide

    Global stocks were mixed on Friday after a technology stocks recovered from heavy selling the day before. An agreement among key crude exporting countries to extend oil production cuts boosted sentiment but weak China factory data tempered appetite for risk. KEEPING SCORE: Europe opened weaker...

  • Former Lia Sophia sales reps, customers to get cash settlements

    Former Lia Sophia sales reps, customers to get cash settlements

    Cindy West did so well as a Lia Sophia jewelry sales representative that she became a leader in the direct-sales business, mentoring several sales representatives and pocketing a portion of their commissions. Then, in December 2014, the company dropped a bombshell: It planned to shut down by February...

  • After glitch, American Airlines finds pilots for most December flights

    After glitch, American Airlines finds pilots for most December flights

    American Airlines Group said it has found pilots to staff all but "a few hundred" flights during next month's holiday season, easing concerns of major disruptions a day after a scheduling-system snag raised the possibility that as many as 15,000 would lack aviators. The world's largest airline...

  • Walker signs bill legalizing hemp farming in Wisconsin

    Walker signs bill legalizing hemp farming in Wisconsin

    Republican Gov. Scott Walker has signed a bill that allows Wisconsin farmers to grow industrial hemp. Walker signed the bill Thursday. The bill passed the Legislature unanimously. The measure's sponsor, Republican Rep. Jesse Kremer, tweeted Thursday that the bill will make Wisconsin a leader in...

  • What to do with that useless gift from your boss

    What to do with that useless gift from your boss

    Q: I have a fantastic boss who is amazing to work for. For birthdays and year-end holidays, he gives us iTunes gift cards. The only problem is that I don't have any Apple products and don't purchase music through iTunes. I can't figure out a nice way to suggest that a different gift card would...

  • CVS is said to near $65 billion-plus deal for insurer Aetna

    CVS is said to near $65 billion-plus deal for insurer Aetna

    CVS Health Corp. is nearing an agreement to acquire health insurer Aetna Inc. for more than $65 billion, according to a person familiar with the negotiations, in a deal that could reshape the pharmacy and health insurance industries. An announcement could come as soon as Monday, said the person,...

  • Industries that cheered Trump's climate regulation rollbacks now worry they'll go too far

    Industries that cheered Trump's climate regulation rollbacks now worry they'll go too far

    The energy companies and industry groups that successfully pushed the Trump administration to scrap Obama-era action on climate change have a new message for the fossil fuel enthusiasts now calling the shots: Don’t go too far. It is not clear the administration is listening. An intensifying debate...

  • Mortgage rates fall to 3.9 percent

    Mortgage rates fall to 3.9 percent

    Long-term mortgage rates slipped this week, though shorter-term rates rose in response to better economic news that made it more likely the Federal Reserve will hike rates in December. The rate on the benchmark 30-year, fixed-rate mortgage slipped to 3.9 percent from 3.92 percent last week, mortgage...

  • Elon Musk says he wants to build express train service to O'Hare

    Elon Musk says he wants to build express train service to O'Hare

    Tech entrepreneur Elon Musk says he’ll get in on the competition to construct an express train service to O’Hare Airport. “The Boring Company will compete to fund, build & operate a high-speed Loop connecting Chicago O’Hare Airport to downtown,” Musk tweeted Wednesday night, referring to the company...

  • Target lures guys to its stores with beer and beard wax

    Target lures guys to its stores with beer and beard wax

    You couldn't pay some guys to wear clothes from Target. Andrew Aragon, a 26-year-old business-development associate in Washington, recently stumbled on a $40 Target gift card left at a city metro station. He went to his local Target and couldn't find any duds worth buying, so he went home with...

  • Moody's warns cities to address climate risks or face downgrades

    Moody's warns cities to address climate risks or face downgrades

    Coastal communities from Maine to California have been put on notice from one of the top credit rating agencies: Start preparing for climate change or risk losing access to cheap credit. In a report to its clients Tuesday, Moody's Investors Service Inc. explained how it incorporates climate change...

  • LA Weekly's new owner fires top editors, all but one staff writer in purge

    LA Weekly's new owner fires top editors, all but one staff writer in purge

    LA Weekly’s staff was gutted Wednesday as Voice Media Group completed its sale of the alternative newsweekly to a newly created company, Semanal Media. Nine of the 13 members of the editorial staff lost their jobs, including all the top editors and all but one of the staff writers. “To have such...

  • Bitcoin surge stirs up worries about a bubble

    Bitcoin surge stirs up worries about a bubble

    Whether you think Bitcoin is a new path to wealth or the biggest bubble since Beanie Babies, the cryptocurrency was the talk of the financial system Wednesday as it smashed through $11,000 per coin - up $1,000 in 24 hours and up a blistering 900-plus percent since the start of 2017. The digital...

  • Sears revenue fell 27 percent last quarter as sales plunge

    Sears revenue fell 27 percent last quarter as sales plunge

    Sears said Thursday that revenue and a key sales figure plummeted in its most recent quarter as it closed stores, shut down pharmacies at some Kmart locations and lost shoppers to other retailers. But the struggling department store operator did have one bright spot: Its third-quarter loss narrowed...

  • McDonald's U.S. president says downtown headquarters will create 'different level of energy'

    McDonald's U.S. president says downtown headquarters will create 'different level of energy'

    Chris Kempczinski, McDonald’s U.S. president, is hitting the gas as the global fast-food chain works to modernize its U.S. restaurants and woo back customers who have drifted off. “We’ve probably changed more in the last year than McDonald’s has changed in the last five years, maybe even longer,”...

  • Jam restaurant owners plan diner in Uptown's Lawrence House

    Jam restaurant owners plan diner in Uptown's Lawrence House

    The owners of Logan Square restaurant Jam will open a diner in Uptown’s Lawrence House, one of the final steps in transforming the 1920s building into modern apartments and retail. The restaurant group has leased almost 2,000 square feet on the ground floor of the 13-story art deco building, where...

  • Rauner says Medicaid plan will save money despite increased contract costs

    Rauner says Medicaid plan will save money despite increased contract costs

    Republican Gov. Bruce Rauner’s push to put more Medicaid patients in managed care programs is advancing, sparking concerns from critics who point to ballooning costs, a hurried timeline and negotiations that were shrouded in secrecy. The state has finalized contracts with seven insurance companies...

  • Another Olympic bid would be too costly, head of Chicago 2016 bid says

    Another Olympic bid would be too costly, head of Chicago 2016 bid says

    She led Chicago’s failed 2016 Olympic bid, but Lori Healey has zero regrets. That doesn’t mean she thinks Chicago should do it again, noting it is too expensive for an American city to mount a bid. “I just don’t see, unless you already got the athletic infrastructure, I just don’t see another city,...

  • Chicago radio host Pete McMurray lists Roscoe Village home for $965,000

    Chicago radio host Pete McMurray lists Roscoe Village home for $965,000

    Longtime Chicago radio host Pete McMurray, who is working on fill-in shifts on WGN-AM, and his wife, Sara, have listed their two-story, five-bedroom house in Roscoe Village for $965,000. A little over a year ago, McMurray left WDRV-FM, where he had been the station’s morning host. He previously...

  • Digital media company BuzzFeed cutting jobs in U.S., U.K.

    Digital media company BuzzFeed cutting jobs in U.S., U.K.

    Digital media company BuzzFeed is cutting 8 percent of U.S. employees, or 100 jobs, as changes its business model in a bid to boost revenue. It’s also cutting an unspecified number of U.K. jobs. The company has 1,700 employees worldwide. A spokeswoman for New York-based BuzzFeed confirmed the layoffs...

  • Lufthansa thinks big with 7-foot beds for business flyers

    Lufthansa thinks big with 7-foot beds for business flyers

    Deutsche Lufthansa will offer business-class seats that stretch to 2.2 meters (7 feet) in new Boeing 777 jets, aiming to boost the corporate appeal of a carrier that has only recently embraced flat-bed berths. Passengers will be able to choose between six different setups in the business cabin,...

  • Apple Mac software has login flaw that puts data at risk

    Apple Mac software has login flaw that puts data at risk

    Apple customers have discovered a significant security flaw in the latest version of the operating system for Mac computers that allows anyone to log in without a password, potentially making private user data vulnerable. The issue, discovered in the MacOS High Sierra operating system for laptops...

  • FCC chairman lambastes Twitter as net-neutrality debate draws heat

    FCC chairman lambastes Twitter as net-neutrality debate draws heat

    Ajit Pai, the chairman of the Federal Communications Commission, blasted Twitter on Tuesday for what he said was a push to "discriminate" against conservatives, during an aggressive defense of his agency's plan to repeal net neutrality rules. Speaking during an event hosted by the R Street Institute,...

  • Economy expanded at brisk 3.3 percent pace in third quarter

    Economy expanded at brisk 3.3 percent pace in third quarter

    The U.S. economy grew at an annual pace of 3.3 percent from July through September, the fastest in three years. The government says third-quarter growth exceeded the 3 percent expansion it had initially reported. The performance, achieved despite two devastating hurricanes, marked the fastest expansion...

  • Trump's tax promises undercut by CEO plans to reward investors

    Trump's tax promises undercut by CEO plans to reward investors

    Major companies including Cisco, Pfizer and Coca-Cola say they'll turn over most gains from proposed corporate tax cuts to their shareholders, undercutting President Donald Trump's promise that his plan will create jobs and boost wages for the middle class. The president has held fast to his pledge...

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  • Make holiday shopping for your clients easy this year

    Make holiday shopping for your clients easy this year

    The holidays are known as the most wonderful time of the year, but they're also a great opportunity for reflection, particularly in a business setting. This is the time of year when you can look back on the last 12 months and appreciate everyone who helped make the year a success for your business....

  • Small businesses have struggled to find funding: Not anymore

    Small businesses have struggled to find funding: Not anymore

    In business, dreams are easy. Finding the money to make them happen, however, can be difficult. Even established, successful businesses can get turned away for loans at banks. This was the case for Sole Bicycles, a popular maker of stylish, high-performance bikes based in Venice Beach, California....

  • 5 big changes for today's small businesses

    5 big changes for today's small businesses

    A generation ago, the notion of a small business owner meant something very different. You pictured a person who owned their own storefront, often named after themselves, and every day they were the first to arrive and the last to leave. They worked tirelessly for their customers, and their reward...

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