Groupon has been grabbing headlines in recent days, from the leaked Andrew Mason memo to numbers showing a slowdown in site traffic to an executive resignation. Lisa Leiter talks with Morningstar's Rick Summer about his outlook for the Chicago-based daily-deal company and its planned IPO.
Venture capitalists descend upon Excelerate Labs' Demo Day to hear pitches from the 10 companies in the summer incubator program. Lisa Leiter reports from the event about how Chicago's tech scene is now attracting investors from around the world.
In this week's Inside the Leather video, Ed Sherman and Steve Olken discuss how Cog Hill could be hosting its last BMW Championship for several years.
Sights and sounds from Excelerate Labs Demo Day 2011.
A new report shows business activity nationwide grew more than expected this month. CME Group's CEO blasts the Dodd-Frank financial system reform bill. And despite the rising rent at commercial properties, banks are still hesitant to lend.
Groupon's co-founders are investing in a restaurant-focused tablet computer maker — one of their biggest investments yet. Meanwhile, fresh numbers show a drop in site traffic at Groupon and Living Social. And a new report shows local home prices are on the rise but still far from the peak.
Allstate stock rises on news that Hurricane Irene losses will fall short of estimates. The Playboy Club is making a Chicago comeback. And Chicago restaurant legends are teaming up with reality TV stars to open a new eatery.
Their businesses couldn't be more different, but Jessica Kim, Dave Wachtendonk and Ryan Hutmacher have one thing in common: They've altered their business plans dramatically in order to make their entrepreneurial dreams come true.
As Irene barrels toward the Northeast, Allstate hopes changes it made in the aftermath of Hurricane Katrina will protect it against massive losses. Groupon CEO Andrew Mason defends the company's growth strategy. And the owner of a Wrigley rooftop files for bankruptcy.
Apple co-founder and visionary Steve Jobs resigns as CEO. Lisa Leiter talks with Morningstar's associate director of equity research, Grady Burkett, about his outlook on the company and its stock.