Boeing To Cut 16,000 Jobs After Posting $1.7 Billion Loss In First Quarter
"The demand for commercial airline travel has fallen off a cliff," said Boeing CEO Dave Calhoun. "The pandemic is also delivering a body blow to our business."
Watch CBS News
"The demand for commercial airline travel has fallen off a cliff," said Boeing CEO Dave Calhoun. "The pandemic is also delivering a body blow to our business."
In response to multiple complaints, an Illinois state senator is calling for a discussion on penalty weeks preventing people from receiving unemployment benefits.
"I'll say the biggest thing on my mind in the last week is how many people have actually applied for this. That let me know there's a problem in our city."
Experts said people who were laid off due to COVID-19 have 60 days to apply for health insurance through state plans.
"It's hard to change your business model. It's like trying to change your tires while the car is going 100 miles an hour.''
Boeing's CEO said Monday that it will take years for the aircraft-building business to return to levels seen before the coronavirus pandemic, which has slowed air travel to a trickle and led airlines to park 2,800 jets.
The company has already withdrawn all financial guidance and said Tuesday that it expects that the outbreak will skew its performance throughout the year.
The coronavirus pandemic has reached one of Chicago's sweetest places.
Already-anxious business owners were left rattled Monday by a court ruling in favor of a downstate Republican lawmaker who is challenging Gov. JB Pritzker's stay-at-home order extension.
With so many people now working from home, many employees and employers alike are now wondering if it will become permanent or semi-permanent.
There were long lines outside the 26th Street El Milagro store in Little Village on Monday, after the tortilla maker announced it is shutting down for two weeks.
"There might be a lag where in a couple of weeks time we might see shortages and that's because right now farmers are having to kill baby animals, baby pigs, just because they don't have the space."
They want to understand who you are, why you are calling them, how you got their contact information. They have a lot of questions. They are concerned about their well being and their safety."
"May is our largest month so if I can make some decent numbers in May that would set me up for the whole year."
We exposed Wednesday night how few people are working the phones in Illinois to help those struggling to get through to finish filing for unemployment. On Thursday night, we were happy to report that number is getting a much needed boost.
With the school district at odds with the Chicago Teachers Union and its allies on which budget plan to pass, there has been no shortage of last-minute lobbying and jockeying.
Some municipalities have decided to keep the tax in place at the municipal level, on the grounds that they need the revenue.
This summer, many West Side residents had their homes inundated after significant rain on July 25. Some got hit again last week.
Questions have arisen about the future of Illinois' criminal detention system, in light of President Trump's executive order to bring back cash bail.
A coalition of organizers in Chicago were joined by Mayor Brandon Johnson to announce Labor Day rally and march called "Workers Over Billionaires."
Some municipalities have decided to keep the tax in place at the municipal level, on the grounds that they need the revenue.
Some local gas stations as of Tuesday afternoon were posting prices of $4 per gallon for regular unleaded, and more than $5 for premium.
Many drivers are as frustrated with the unexplained spike in their auto insurance as they are with congestion on the roads.
The Arlington Heights Village Board on Monday night approved a new 5% streaming tax.
Morton Grove slapped the seller with code violations after the sale to the Hovey family was completed, which prevented them from getting a deed.
Illinois is one of 20 states now suing the Trump administration for withholding grant money for crime victims. In Illinois, $54 million goes to provide services for crime victims. Workers warn many will now be left behind.
A Chicago rock climber was grounded by a scary medical issue — a cyst in her brain. But a friendly face in the operating room helped Sophie Lin get to the gym again.
With school starting next week for thousands of students, health officials are urging parents to get their kids vaccinated.
Chicago public health officials on Tuesday confirmed the city's first three human cases of West Nile virus in 2025.
Sicknesses creep up with kids being in close quarters in school. With that in mind, a grieving Northwest Indiana family wants to share a message about vaccinating children.
The private equity firm Sycamore Partners has completed its acquisition of Walgreens, ending the drugstore chain's run as a publicly traded company.
Accessories retailer Claire's just revealed a list of hundreds of stores it will close as part of its Chapter 11 bankruptcy proceedings.
A company that installs license plate-detecting cameras to aid law enforcement has halted operations with federal agencies because of ongoing concerns among officials in Illinois and elsewhere.
A Wisconsin man has pleaded guilty to smuggling lab equipment to Russian companies in violation of U.S. sanctions.
Some of the fans who received the email have long histories with the team, and there are a lot of concerns.
Fans have been eager to learn everything they can ever since Taylor Swift and Travis Kelce announced their engagement in a joint post.
Taylor Swift and Travis Kelce announced the news of their engagement with photos on Instagram.
Oasis won't be in Chicago for another two days, but you can get merch from their tour now.
A Maryland ticket broker is accused of illegally purchasing and reselling hundreds of thousands of tickets for profit, including thousands to Taylor Swift's highly-sought Eras Tour.
President Trump announced this year's "truly exceptional class" of Kennedy Center Honorees and said he will host the annual ceremony himself.
Federal Reserve Governor Lisa Cook filed suit against President Trump, Chair Jerome Powell and the Fed's Board of Governors on Thursday, asking a federal judge to block the president's attempt to fire her from the central bank.
Police said two students, ages 8 and 10, were killed. The gunman died from a self-inflicted gunshot wound in the church parking lot. It's not clear if the shooter ever entered the building.
Police in Chicago's western suburbs are investigating a smash-and-grab burglary on Thursday morning at a smoke shop.
Anthony Banks, an African American officer, said the harassment started back in March.
Police did not release a photo of the suspected vehicle, but described the SUV as a Mercedes, BMW, or Lexus with front-end damage and a broken headlight.
Officials said the car was fully engulfed in flames when fire crews arrived.
With the school district at odds with the Chicago Teachers Union and its allies on which budget plan to pass, there has been no shortage of last-minute lobbying and jockeying.
Officers were pursuing the driver for hitting several Chicago police vehicles.
The commemoration of 70 years since Emmett Till's death is being marked by family, friends and officials Wednesday as they repeated the fateful train ride he took from Chicago to Mississippi in 1955.
The Lake County Coroner's Office said the vehicle matched the same information from a person reported missing in 2024
Questions have arisen about the future of Illinois' criminal detention system, in light of President Trump's executive order to bring back cash bail.
Anthony Filomena said his firing by the Chicago Blackhawks has made it difficult to find another job in public relations.
In an exclusive interview, a whistleblower said the mental health crews want to work — but are being held back from helping people by limited hours and red tape.
Illinois is one of 20 states now suing the Trump administration for withholding grant money for crime victims. In Illinois, $54 million goes to provide services for crime victims. Workers warn many will now be left behind.
Neighbors in Lincoln Park said mail trucks parked as far as the eye can see along busy Clark Street aren't just taking up valuable parking, but potentially putting students in danger while they walk to school.
Rafael Devers homered twice and doubled in a run on the way to five RBIs, Matt Chapman hit his 200th career home run in the seventh, and the San Francisco Giants beat the Chicago Cubs 12-3 for their fourth straight win.
Andrew Benintendi hit his 15th home run in the White Sox's fourth.
Now that the competition is over, the Bears are looking for some continuity — especially up front.
Justin Verlander finally won at home for the first time since joining the Giants.
Colson Montgomery homered for the fourth consecutive game, and fellow rookie Kyle Teel had three hits and an RBI for the White Sox.
Officers were pursuing the driver for hitting several Chicago police vehicles.
Police said the incident stemmed from a stolen vehicle pursuit, and the suspect ran off on foot and entered a home.
Investigators are examining the videos and writings of the shooter who fired through the windows of Annunciation Catholic Church, killing two children and wounding 17 people.
Two young children were killed and 17 others were injured in a shooting during a Catholic Mass packed with young students in south Minneapolis Wednesday morning. The shooter is also dead.
Danya Bell, 29, was charged with one felony count of causing child endangerment and death.
