Starbucks has announced they are closing 20 locations across the Chicago area, as part of a move to regain its footing and get rid of unprofitable locations.
Citigroup posted another loss and laid off 6,000 employees in the second quarter as it struggled with surging loan defaults, but the $2.5 billion shortfall was smaller than Wall Street anticipated.
American Airlines executives say 1,300 aircraft mechanics and 200 managers and support workers will be laid off from the company's maintenance organization.
Wall Street fluctuated Friday as investors had little appetite to buy stocks after disappointing earnings from technology companies offset an upbeat report from Citigroup Inc.
A 13-year-old runaway was ordered held in juvenile court Friday morning after she somehow -- while shackled and handcuffed - stole a minivan that was taking her to the police station Thursday afternoon near south suburban Chicago Heights.
A man is in custody Friday afternoon for allegedly bludgeoning an 86 year-old man -- who died Thursday -- in the head with a baseball bat at his West Side home earlier this month.
Among those expected to travel with Sen. Obama on his upcoming international journey is his longtime campaign advisor, David Axelrod. CBS 2's Political Editor Mike Flannery spoke with him late today about the promise and peril of the Illinois senator's
Vandals have hit a northwest suburban church, and the victims are single mothers. The windows of several used cars meant to be donated to single mothers as part of a church ministry program were smashed at Medinah Baptist Church. CBS
Ads depicting cows, pigs and hens in cramped, dirty cages and gestation quarters are staring CTA commuters in the face as part of Mercy For Animals' two-month anti-meat campaign.
The makers of the new "Batman" movie really burned through the bucks in Chicago. "The Dark Knight" was filmed here, of course. The movie makers purchased tons of steel, lots of glass and they even blew up a building. It
A "person of interest" is reportedly in police custody Friday afternoon for the slaying of a 9-year-old girl found dead by her father on the South Side on Tuesday. CBS 2's Derrick Blakley reports police are officially neither confirming nor
We all want that summer glow and there are plenty of tanning products that promise to deliver, without getting out in the sun. CBS 2's Liz Keptner reports there is a new tanning product on the market, and it promises
