business news in context, analysis with attitude

• The Chicago Sun Times reports that Mayor Richard Daley there has “called on aldermen, union leaders and Wal-Mart to broker an agreement that would pave the way for a major Chicago expansion by the world’s largest retailer.” Acknowledging that this is a “political hot potato” in view of union resistance to Walmart’s expansion in the city - there is only one, on the west side - Daley said that the economy has created a climate in which some sort of accord is necessary.
KC's View: