The most complete business news and market update, delivered weekdays after the closing bell.
Wednesday, Dec 20 RYAN ORI: The owner of the old main post office, one of the Chicago sites proposed for Amazon's HQ2, secured a $500 million construction loan, one of the largest in the city's history. |
| The plan, which is expected to lower income tax bills next year for many households, is the most significant overhaul to the tax code since 1986. |
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| As mobile payments grow and more Americans turn to plastic for purchases, in Chicago, the Salvation Army's iconic red kettles remain cash-dependent. |
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| Americans purchased homes at the fastest pace in nearly 11 years, as sales climbed 5.6 percent in November, but the Chicago area continued its slow recovery from the Great Recession. |
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| ROBERT REED: Let's remember that corporations enjoying this hefty tax gift are under no formal obligation to use this money in the United States or to improve the lot of American workers. |
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| Bitcoin's smaller cousins are outpacing the largest cryptocurrency's gains since major U.S. exchanges started offering futures. |
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| Barney Harford, the former chief executive officer of online travel site Orbitz, has been named chief operating officer at Uber, making him the second-highest ranking executive at the ride-hailing company. |
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| Operating as the "Chicago Sports Alliance," the Bears, Blackhawks, Bulls, Cubs and White Sox committed a combined $1 million to the cause. |
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