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2018年2月2日 星期五

Dow's free fall | Kroc's McDonald's employees reminisce | Wendy's 'desperate' Super Bowl ad

The most complete business news and market update, delivered weekdays after the closing bell.

Chicago Tribune

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February 2, 2018

chicagotribune.com

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Dow plunges more than 600 points as selloff roils markets

Friday, Feb 2

 U.S. stocks slumped Friday, pulling down the Dow Jones industrial average by more than 600 points and placing the market on track for its worst week in two years.

From hand-cut fries to workplace romance, employees of 'McDonald's No. 1' have fond memories

Former employees of McDonald's No. 1 in Des Plaines remember the restaurant and the era it operated in as a simpler time, one where you could leave your bike unlocked while you peeled potatoes or grilled cheeseburgers to save up for college, one scoop of pocket change at a time.

Wendy's Super Bowl ad is a sassy, disjointed and desperate attempt to take on McDonald's

ROBERT REED: Wendy's ad is a risky and not very novel approach often used by cellular phone carriers, insurance companies and aspiring politicians who decide to "go negative."

Old-school Chicago institution Miller's Pub temporarily closed for renovations

Chicago institution Miller's Pub closed this week to undergo its first renovations since 1989. The old-school Wabash Avenue pub is set to reopen in March.

The Super Bowl could cost employers $3 billion

A Challenger, Gray & Christmas report predicts workers taking Monday off — for reasons known only to them — could cost the economy billions in lost productivity.

South Shore to get long-awaited grocery store in former Dominick's space

A Shop & Save Market is expected to move into the former Dominick's store in the South Shore neighborhood.

Ariel Investments loses round in trademark fight with small Florida firm

For a small Florida investment firm that had lost a years-long court battle against a prominent Chicago mutual fund company, a recent appellate ruling was like David's well-aimed slingshot in the fight against Goliath.

Cumulus to run WLUP, WKQX for 90 more days, but $50 million purchase is off

Bankrupt Cumulus Media gets out of its $50 million deal to acquire WLUP-FM and WKQX-FM but has agreed to run the Chicago rock stations for 90 more days.

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