Hyatt Hotels Corp.

State will not be downgraded if Hyatt Regency Chesapeake Bay fails to make bond payments

The Maryland Economic Development Corp. expects to fall short next year on payments to investors who bought the bonds that funded the Hyatt Regency Chesapeake Bay, a state-owned golf resort hotel and conference center on the Eastern Shore. Known as...

Tags: Economy, Business and Finance, Franklin Templeton Limited Duration Income Trust, Credit and Debt, Deutsche Bank AG, Bonds

The day ahead in business June 10

Local earnings: Navistar International Corp. Other major earnings: Lululemon Athletica Inc., Pep Boys - Manny Moe and Jack, Pier 1 Imports Inc., Sonic Corp. Sales and revenue: McDonald's Corp. for May Annual meetings: Hyatt Hotels Corp.

Tags: McDonald's, Navistar International Corporation, Pier 1 Imports Incorporated

U.S. Commerce nominee faces questions on failed bank, tax havens

Tags: Economy, Business and Finance, Politics, Canadian Imperial Bank of Commerce, Republican Party, Finance

Pritzker knows commerce

Tags: Penny Pritzker, Politics, Federal Deposit Insurance Corporation, Chicago Teachers Union, Elections

Penny Pritzker is pick as commerce secretary

President Barack Obama lauded her skills, several prominent business groups quickly heaped praise and critics remained generally quiet after Chicago business executive Penny Pritzker was introduced Thursday as Obama's nominee to lead the Commerce...

Tags: Rahm Emanuel, National Government, White House, U.S. Senate, Hotel and Accommodation Industry

Obama nominates Penny Pritzker, Mike Froman to his economic team

WASHINGTON – President Obama praised Chicago billionaire Penny Pritzker for her commitment to American workers on Thursday morning as he nominated her as his next Commerce secretary. In a Rose Garden announcement, Obama listed Pritzker’s...

Tags: Penny Pritzker, Valerie Jarrett, Politics, White House, Barack Obama

Tom Pritzker woos big names for U. of C.'s big data

University of Chicago computer scientist Ian Foster pressed the clicker and up popped a map of the most sophisticated fiber-optic networks in the world. On that map, at least, Chicago appeared to be the center of everything, a crossroads of...

Tags: American Airlines, Inc., Economy, Business and Finance, Biology, Rahm Emanuel, Federal Reserve

Obama to nominate Penny Pritzker as Commerce secretary

WASHINGTON – Making official what many Democrats have expected for weeks, President Obama plans to nominate Chicago business executive Penny Pritzker, a longtime political supporter and heavyweight fundraiser, as his new Commerce secretary on...

Tags: Economy, Business and Finance, Politics, Chicago Teachers Union, White House, PlayStation Portable

Penny Pritzker resigns from the Chicago school board

Billionaire Chicago businesswoman Penny Pritzker resigned from the Chicago Board of Education on Thursday. A spokeswoman for Pritzker declined to provide a reason for the resignation. Pritzker is being vetted as a potential candidate for U.S. Commerce...

Tags: Economy, Business and Finance, Rahm Emanuel, Politics, Chicago Teachers Union, White House

Hyatt leader wowed Pritzkers early, then fell for hospitality

Tribune staff reporter

Mark Hoplamazian was a freshly minted MBA graduate when consummate dealmaker Jay Pritzker hired him to work on new investments and acquisitions in 1989. Almost immediately, the 25-year-old grandson of Armenian Christian immigrants found himself in an...

Tags: Family, Tennis, New York City, Vince Lombardi, JPMorgan Chase & Co.

School closing protesters march along Michigan Ave.

Tribune reporter

Several hundred protesters marched along Michigan Avenue Monday morning to voice opposition to the school closings plan being put together by Chicago Public Schools. Organized by the Chicago Teachers Union and Stand Up Chicago, a coalition of labor...

Tags: Hotel and Accommodation Industry, Chicago Teachers Union, Chicago Hotels, Michigan Avenue

Tags: Public Employees, Travel, Economy, Business and Finance, Politics, Employment