| Apr 24, 2014
| 3:35 PM
Reading the Supreme Court's decision in Schuette v. Coalition to Defend Affirmative Action, I couldn't help thinking of Thomas Piketty's controversial new book, "Capital in the Twenty-First Century." Where would Piketty stand on affirmative action?...
| Mar 4, 2014
| 1:56 PM
Moelis & Co., a boutique Los Angeles investment bank, filed for an initial public offering, seeking to capitalize on the soaring stock market and a recent pickup in corporate mergers.
The firm was founded in 2007 by Ken Moelis, a longtime Southern...
| Jan 13, 2014
| 10:42 AM
A real estate brokerage firm affiliated with London's historic Christie's auction house is expected to soon become the new kid on the block in Winnetka's East Elm business district, village officials said recently.
As the first North Shore location...
| Mar 18, 2014
| 12:05 PM
Elmhurst residents can expect to pay more — in some cases, a lot more — for water after city council members unanimously approved higher rates and changes in the way water is billed.
The changes, effective for usage billed on or after...
| Jan 21, 2014
| 2:07 PM
Mohamed El-Erian unexpectedly resigned from his post as chief executive and co-chief investment officer of global investment management firm Pimco on Tuesday, the firm said in a statement.
El-Erian will leave the firm in March and will remain a member...
| Feb 7, 2014
| 4:00 PM
Profits at Corporate Office Properties Trust, a Columbia-based owner and developer of office parks, rose for the three months that ended Dec. 31, as the real estate investment trust finished repositioning its portfolio.
"We have completed the...
| Feb 9, 2014
| 5:01 PM
People like rich, tasty food — and sweet, smooth desserts.
That's a recipe the Cheesecake Factory Inc. has been following for more than three decades.
The company's roots can be traced to the home kitchen of Evelyn Overton, who ran a small baked...
| Feb 22, 2014
| 9:58 AM
The gleaming new Horseshoe Casino Baltimore that greets visitors entering the city on Russell Street rises from gritty surroundings, flanked by a Holiday Inn Express and a concrete bunker-like block of storage units.
Those two neighboring properties...
| Mar 4, 2014
| 4:24 AM
Jones Lang LaSalle, the professional services and investment management firm specializing in real estate, said it has changed its name to JLL.
The JLL name and a new logo will be rolled out globally during the next two years, the Chicago-based firm...
| Mar 5, 2014
| 10:55 AM
The shuttered landmark New Regal Theater in the South Shore neighborhood has been sold to a Chicago group.
Community Capital Investment, LLC bought the property for $100,000 from the Federal Deposit Insurance Corp. last month, according to the FDIC....
| Mar 12, 2014
| 2:27 PM
Los Angeles City Controller Ron Galperin called on pension officials Wednesday to take new steps to cut costs — possibly by merging the management of two of its three retirement systems.
During the recession and in its aftermath, pension costs for...