A bankruptcy judge approved the sale of Oberweis Dairy to the Hoffmann Family of Companies, aiming to preserve the brand and possibly expand product lines.

Lurie Children’s Hospital in Chicago expands its campus by acquiring the former ADA headquarters at 211 East Chicago Avenue, facilitating growth in healthcare services.

Over a thousand University of Chicago Medical Center residents and fellows voted to unionize with the Committee of Interns and Residents, reflecting a national trend for better working conditions.

Columbia College Chicago is laying off 70 staff and scrapping 32 unfilled positions amid financial strain and a sharp enrollment decline. The college faces a $38 million budget deficit.

Illinois Governor J.B. Pritzker has increased the sports betting tax, with potential impacts on FanDuel and DraftKings. The industry opposes the hike, fearing it will worsen odds and bolster illegal betting.

Verizon experienced a significant service outage affecting customers in Chicago and other regions, with reports peaking Thursday evening. Service was restored later, but the cause remains undisclosed.

The Illinois Commerce Commission denied the majority of Peoples Gas' funding request for its pipeline replacement program, approving only $1.6 million of the proposed $7.9 million increase.

Pinch, a Chicago-based startup, raised $3.5 million for its in-home med spa services offering treatments like Botox, targeting clients aged 20 to 35 and enabling nurses to run side businesses.

Hoffmann Family of Companies acquired Oberweis Dairy for over $20 million in a bankruptcy auction, planning to invest and expand the business while keeping existing operations intact.

Barnes & Noble opens a new Lincoln Park store in Chicago with a ribbon-cutting ceremony and future plans for more stores, including one in the former Walgreens building in Wicker Park.

Cook County has launched a $3.6 million grant program to support social-equity cannabis businesses, with different funding amounts available based on business type.

North Lawndale building set for a $40.5 million redevelopment after receiving $10 million in TIF approval, expected to create 175 jobs and energize the local economy.

Chicago City Council has voted to give local aldermen control over the approval of downtown marijuana dispensary sites, bypassing the Zoning Board of Appeals.