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2018年2月6日 星期二

Wall Street's wild ride | Pritzker apologizes for remarks | Paid maternity leave

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

Chicago Tribune

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February 6, 2018

chicagotribune.com

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Wall Street's wild ride continues as markets recover from biggest drop in 6+ years

Tuesday, Feb 6

A day after the Dow Jones industrial average suffered historic losses, the markets rallied, but not before the Dow fell as much as 567 points — then jumped as much as 367 points.

Former Little Village coal plant to be demolished, replaced with distribution center in $100 million project

RYAN ORI: A former coal-fired power plant in Little Village is set to be demolished and replaced with a 21st century use: warehouses for distributing same-day orders to online customers in Chicago.

Fed's Wells Fargo smackdown sends message to other bank giants' leaders: Shape up or else

ROBERT REED: The Fed sends a powerful message to U.S. banking giants: They must stomp out any sleazy management practices or bank directors will be held responsible.

Pritzker apologizes for remarks on African-American politicians, says he wasn't 'my best self' on Blagojevich wiretaps

The apology came less than a day after the conversation, which had never before been publicly revealed, was published by the Chicago Tribune. The chat between Pritzker and Blagojevich came from from secret government wiretaps that were part of the federal corruption investigation of the now-imprisoned former governor.

The world's richest countries guarantee mothers more than a year of paid maternity leave. The U.S. guarantees them nothing.

The United States remains the only country in the developed world that does not mandate employers offer paid leave for new mothers, according to the Organization for Economic Cooperation and Development.

Apple is investigating complaints that some iPhones are making people miss their calls

Apple said Monday that it's looking into complaints that a possible glitch is preventing some iPhone X users from answering their phone calls.

Democrats lash out at consumer watchdog amid reports it is dropping Equifax inquiry

Democratic lawmakers lashed out at the Consumer Financial Protection Bureau on Monday amid a report that the agency was backing off an investigation into a massive data breach at Equifax last year that exposed sensitive data about millions of people.

2 of the top 3 U.S. hotels are in Chicago, report says

Chicago is no longer home to the top hotel in the country, but two out of three ain't bad.

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