Aug. 24, 2010 at 5:43 a.m.
Filed under:
Hotels
By Dow Jones Newswires-Wall Street Journal
Penny Pritzker, one of America’s richest and most powerful businesswomen, is no longer considered an independent director of Hyatt Hotels Corp., the publicly traded company that her family controls.
Hyatt disclosed that change in its proxy statement in late April, when the list of independent directors no longer included the 51-year-old Pritzker, who was national finance chair for Barack Obama’s presidential campaign and leads several companies that are part of her family’s business empire. Get the full story »
Aug. 18, 2010 at 7:54 p.m.
Filed under:
Economy,
Hotels,
Movies,
Tourism,
Unions
By Julie Wernau
Workers at the Union Tank Car plant. (Show Us The Tax Breaks)
A short film produced by the hotel workers’ union and screened Wednesday evening in Chicago holds up the city’s wealthy Pritzker family as poster children for corporate decision-making that they say has contributed to the downfall of the economy.
“Show Us the Tax Breaks” attacks the family, and Penny Pritzker in particular, for the decision to close East Chicago’s Union Tank Car plant in 2008. The plant was one of the largest employers in East Chicago, Ind., and when it closed, hundreds of workers were left unemployed. Get the full story »