Groupon IPO Watch: Groupon Versus the Accounting Blogs
Last week Groupon restated its revenue, essentially cutting it in half. The move was a big shock, but it actually originated from the blogosphere, where the reasons behind it are made clear.
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Chicago's Rising Property Taxes and TIFs Part Etc
Another year, another contrast between stagnant home values and rising property taxes. The complexity of the property tax system makes it a confusing, if useful, crutch.
There Is Power in a Union: The Latest Chicago Pension Scandal
State-union relations and public pensions are on the political frontburner… and a Tribune-WGN investigation into local union leaders drawing substantial city pensions will add fuel to the fire.
Why Barack Obama Shouldn't Withdraw
The economy is in terrible shape, but unemployment is still lower than it was during a comparable point in Ronald Reagan’s first term, a year before “morning in America.”
Ventas CEO Debra Cafaro on Senior Living Facilities, Medicare, and Female Execs
WHAT I WAS THINKING: The largest owner of senior living facilities in the U.S. discusses baby boomers, sexism, and more.
The Chicago Fed President Stirs the Pot Before Obama's Job Speech
Charles Evans makes his own plea for employment-friendly federal policy in advance of the President’s speech. But his institution is in as much of a pickle as Obama’s, now that the economy is trapped in a consumerist staring contest. Welcome to hangover Sunday.
Power Outages and the Future of the Electric Grid
Chicago’s summer storms and Hurricane Irene have focused the kind of attention on power outages that you don’t get when it’s in the boonies. But it’s not just you, or the weather: power outages are on the rise.
Mike Daisey to Talk Steve Jobs With Chris Hayes
The author, monologuist, and former Apple fanboy has an increasingly complicated relationship with his technology, and should provide an interesting reflection on the great entrepreneur’s resignation.
Caterpillar, GE, and Groupon in China
Three companies go to the world’s biggest developing market… and it’s the new kid that learns the hardest lesson. What it means for the new economy, and the new old economy.
More Reasons Walmart Is Moving into Chicago
As America goes, so goes Walmart: as the economy contracts, the big-box retailer is creating ever smaller boxes to fit our shrinking incomes into.