- Motley Fool
Why Johnson Controls Stock Is Up Today
An activist is reportedly building a stake in the industrial giant.
- WLS – Chicago
Airlines reach agreement with city to rebuild Terminal 2 at O'Hare
Drivers caught parking on the shoulder near O'Hare airport could soon face $100 fines, as a bipartisan bill heads to Gov. JB Pritzker's desk.
- Yahoo Finance Video
Red Lobster files for bankruptcy: What went wrong?
Red Lobster has filed for Chapter 11 bankruptcy, citing higher labor costs, rising rents, and its “Ultimate Endless Shrimp” deal. The company states in a court filing it faced "a difficult macroeconomic environment, a bloated and underperforming restaurant footprint, failed or ill-advised strategic initiatives, and increased competition within the restaurant industry." Yahoo Finance's Seana Smith and Madison Mills break down the story and Red Lobster's future in the already-strained restaurant industry. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
