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2018年5月31日 星期四

Trump's tariffs trigger trade war | More Sears stores closing | Midwest Express comeback?

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

Chicago Tribune

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May 31, 2018

chicagotribune.com

BizWrap

Trump's metal tariffs trigger retaliation from Mexico, EU in escalating trade war

Thursday, May 31

President Donald Trump Thursday imposed tariffs on imported steel and aluminum from the European Union, Canada and Mexico, triggering immediate retaliation from U.S. allies against American businesses and farmers.

 5 Illinois Sears and Kmart stores among dozens identified in latest round of closures 

Sears Holdings will close another 63 unprofitable stores after another quarter of losses and slowing sales.

Northwestern enters $65 million partnership to create new drugs

Northwestern University is partnering with an investment management company that has pledged $65 million to help bring potential, new drugs to market.

United accused of broad anti-union campaign using TVs, threats

Workers say TVs have been broadcasting anti-union messages in the cafeteria, the loading dock and the food production area: "It's driving people crazy. They're trying to wash people's brains."

Food truck case against Chicago heads to state Supreme Court

A food truck owner has argued for years that the city's rules for mobile food vendors are unconstitutional and hurt small businesses.

New U. of C. trauma center has busy first month

Less than one month after opening, University of Chicago Medicine's new Level I adult trauma center is already among the busiest serving the city.

Midwest Express Airlines comeback bid begins, service could resume in 2020

The push to bring back Midwest Express Airlines has taken off, and could be flying high by 2020, a spokeswoman says.

Rust-Oleum to close factories in New Jersey and Oklahoma; Vernon Hills HQ affected

Paint and coatings maker Rust-Oleum is closing New Jersey and Oklahoma factories. Employees in its Vernon Hills headquarters will also be affected.

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