Chicago Tribune BizWrap

 

December 20, 2016 View email in browser
 

Amazon to open distribution centers in Aurora, add 1,000 jobs

Amazon is again expanding its operations in the Chicago area, announcing Tuesday that it will build two fulfillment centers in Aurora that will employ more than 1,000 people.

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Ending the year with unused vacation days? You’re not alone

More than half of Americans who get paid vacation time won’t use all of their days off this year, according to a report from New York-based Bankrate.com.

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Tribune Media to sell Gracenote for $560 million

Tribune Media has agreed to sell Gracenote, its digital entertainment and data business, to Nielsen for $560 million.

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Walgreens, Rite Aid shed 865 stores in bid to close $9.4B deal

Walgreens and Rite Aid will sell 865 stores to rival retailer Fred’s for $950 million, possibly removing the final roadblock to the Walgreens-Rite Aid merger.

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Boeing deepens jetliner job cuts as risk of sales downturn looms

Boeing is making deeper job cuts in its commercial airplane business and planning further reductions for 2017, citing “fewer sales opportunities and tough competition.”

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Banks just can’t quit charging you overdraft fees

Of all the many fees that banks charge, the overdraft fee may be the most perverse. And the most infuriating.

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5 mistakes Americans are making with their money

Americans have a long way to go when it comes to understanding and managing money.

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For-profit woes shrink college population

Plummeting enrollment at for-profit colleges drove a 270,000-student decline in the number of undergraduate and graduate students across the U.S. this fall.

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