Business

Stocks closed sharply lower in volatile trading Thursday as investors shifted from riskier assets to traditional safe havens like bonds and precious metals.

Stocks plunged on Wall Street Wednesday, suffering their biggest decline since February, as rising interest rates and concerns about financial market valuation put traders in a selling mood.

Lyric Opera's General Director Anthony Freud said what it takes to be one of the world's great opera companies in 2018 -- and what it will take years from now -- is different from two decades ago.

Chicago's hospitality industry and city officials are celebrating another record year for tourism here.

The online retailing giant hopes to fill 6,000 jobs over the next 10 days across the Chicago region.

Lakeview shop owner Tom Boyle has got some memorabilia -- and stories -- for you. WBBM Newsradio's Steve Miller pays a visit.

The Houston-based company filed for Chapter 11 bankruptcy protection in federal court in Delaware, saying it plans to close up to 700 stores around the country as part of its reorganization plan to continue operating.

The Chicago-based media company says it's ditching the name and will revert to its "Tribune Publishing Co." moniker.

Matt Matigian, CEO of Blue World Asset Managers in Chicago, talks about how the defeat will impact businesses.

General Motors and Honda are teaming up on self-driving vehicle technology as big automakers and tech giants race to develop the next generation of personal transportation. Japan's Honda Motor Co. will invest $2.75 billion in the autonomous vehicle unit run by General Motors Co., called GM Cruise,...