“The beauty enthusiast has an emotional, deep connection with beauty despite the economic environment,” says Ulta Beauty CEO Mary Dillon. “We don’t see that changing.”
The extra yield that investors are demanding to own Illinois bonds has surged to a record high, surpassing even the levels hit three years ago when it was on the verge of seeing its rating cut to junk.
Strategic Properties has acquired a 480-unit apartment tower in Streeterville at a time when many real estate investors are taking a hiatus from big deals.
Cresco Labs and MOCA receive approval to open the first recreational weed shops in River North.
The Chicago carrier says coronavirus cost it $100 million a day in revenue last month. It's hoping for turnaround by the fourth quarter.
The Near West Side hospital is offering differential pay to more than 900 nurses amid the COVID-19 outbreak.
The Preckwinkle administration plans to tap the entirety of its $100 million revolving line of credit with BMO Harris "in light of the uncertain economic circumstances surrounding COVID-19."
"I don't agree that this crisis means we should keep the state's unfair tax system."
The battered chain has few defenses against a retail collapse.
When does adjusting targets after an "act of God" lapse into setting the bar too low? These companies—and their CEOs and shareholders—are about to find out.
Crain's has lifted the pay wall on coverage of the public health response to coronavirus.
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