The University of Chicago is selling its Center for Research in Security Prices to the investment firm Morningstar for $375 million.
A warehouse developer has pitched a $150 million plan to demolish the beleaguered Ford City Mall and redevelop it as an industrial park.
Ald. William Hall (6th) co-led the event with Rev. Charlie Dates, senior pastor of Salem Baptist Church.
The land, adjacent to the South Chicago neighborhood, was once home to the US Steel South Works plant.
"The desire is that when they come in here, this will no longer be a liquor store but instead a grocery store," said Pastor John Hannah.
The closures will affect Walgreens stores in Bronzeville, Chicago Lawn, Little Village, South Shore and South Chicago.
"This closure leaves West Pullman, already a food desert, without a single grocery store offering affordable food," Alderman Mosley said.
"This happens often, especially in this area, and around the holiday season it gets worse," said owner Victor Sanchez.
Inside Angelo's Stuffed Pizza in Archer Heights, class was in session on Thursday. At the head of this class was shop owner Adrian Zamudio.
August is National Black Business Month, and a Chicago coffee shop on the West Side hopes out-of-towners support black-owned. businesses.
Chicago officials led by Ald. Marty Quinn gathered to break ground for a new Starbucks on a city-ownered that has been vacant for 40 years.
CBS 2's Ryan Baker met a South Side business owner whose mission in life is helping young people blossom.
CTA representatives will be meeting applicants Friday, Aug. 25, at Macolm X College. The agency is offering new hires a $1,000 signing bonus
Blair Aikens will help to open Chicago's only Black-owned taproom this year in Bronzeville while also honoring her family's history.
The ultra-low fare carrier will provide convenient and affordable weekly flights for Chicago-area consumers from Midway to Montego Bay.
Officials cut the ribbon on a new Garrett Popcorn Shop at Midway Airport in honor of National Popcorn Day.
Michelle Y. Blakely, PhD, named President of Advocate Trinity & Advocate South Suburban Hospitals
Planet Fitness celebrates its grand opening at Ford City with tours, giveaways, membership deals and more Monday, April 11.
Starting in April, Frontier Airlines will be flying out of Chicago's Midway Airport. Introductory fares as low at $29 are being offered.
GROmentum's Innovative Approach to Social Impact Entrepreneurship Customizes Cannabis Business Acceleration to Bridge Wealth Gap
South Side area restaurants were helped by a federal program as part of the American Rescue Plan Act.
The Paycheck Protection Program benefited nearly 12 million businesses in the U.S., including some in South Side.
New grant-funded facility expands access to mental health and social services for at-risk communities on Chicago’s South Side.
ALDI is reopening its Back of the Yards store May 27 at 1508 W. 47th St. after an extensive remodel.
Bankruptcy filings were down in Cook County last year, but experts expect them to surge in coming years.
See how well utility providers in the South Side area and across IL serve their customers.
Jewel-Osco at Elston Plaza sees record sales in second quarter.
As CBS 2’s Steven Graves found out this Thanksgiving Thursday, some people are not just ordering for themselves.
Latrice Montgomery blames well-known developer Related Midwest for her illness.
GO2 Foundation for Lung Cancer honors Southeast Side hospital with nationally-recognized designation
Felice had just started a new job in March, then the pandemic hit. Since then, she hasn’t been able to get her unemployment approved.
The businesses are either still waiting on relief by way of loans, not getting approved for relief funds or not qualifying for them.
ALDI welcomes shoppers back to one of its newly renovated South Side stores on July 11, offering golden tickets to the first 100 shoppers.
Are you interested in working for the United States Postal Service? USPS will be holding a "hiring event" April 29 at Goodwill.
CPS will host a job fair March 12 at the Arturo Velasquez Institute. Numerous part- and full-time openings available.
The big mall at 76th Street and Cicero Avenue is on the market.
Business entrepreneurs have created 'E.G. Woode,' a multi-business space that will soon open at the corner of 63rd and May.
Ford Motor Co. will invest $1 billion in two Chicago plants that will make Ford Explorer, Lincoln Aviator and Police Interceptor SUVs.
Two of six stores Target has chosen to close nationally are on the South Side of Chicago.
The Cook County Juvenile Temporary Detention Center has numerous openings in administration, law, food service, security and support staff.
An occasional pop-up store featuring the work of several artisans on 71st Street in South Shore will become a permanent spot.