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2018年4月23日 星期一

Sears CEO proposes breaking up retailer | Illinois solar boom | Deadly air bags

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

Chicago Tribune

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April 23, 2018

chicagotribune.com

BizWrap

Sears' CEO proposes breaking up troubled retailer with offer to buy Kenmore brand, other assets

Monday, Apr 23

The hedge fund run by Sears CEO Edward Lampert has offered to buy the retailer's popular appliance brand Kenmore and other Sears divisions, moving to break up the company after it failed to find other buyers for the assets.

Solar farms set to sprout across Illinois

Solar farms are set to spring up in Kankakee County and across Illinois as renewable energy mandates generate many proposed projects — and some opposition.

Reddit to open Chicago office as part of advertising push

Reddit is opening an office in Chicago, the social media platform's first outside the coasts, as it seeks to lure advertisers with Midwest ties.

Polished makes perfect: Nail salon targets busy working women

BACK STORY: Ezza Nails has opened a membership-based manicure salon for professional women: "We believe there needs to be a new option in nails."

Illinois attorney general sues bus company, alleging discriminatory practices, customer mistreatment

The Champaign-based company, Suburban Express, primarily serves University of Illinois and other college students and has been under investigation since December.

10 years later, thousands of risky air bags are still on the road

Ten years after the biggest safety recall in U.S. history began, Honda says there are more than 60,000 vehicles on the nation's roads equipped with what experts have called a "ticking time bomb."

Court fight looms after Fresenius drops $4.3 billion Akorn deal

Fresenius and Akorn prepared to square off in court after the German company walked away from a planned $4.3 billion purchase and alleged that its jilted target misled the would-be acquirer during the due-diligence process.

E. coli outbreak warning expands to all romaine lettuce

An unusually virulent strain of E. coli bacteria on romaine lettuce has sent 31 people to hospitals in 16 states, and health officials are urging consumers to throw out any of the lettuce they may have bought recently.

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