Business

Orvis To Exit Chicago’s Magnificent Mile After 20+ Years
Business

Orvis To Exit Chicago’s Magnificent Mile After 20+ Years

CHICAGO — After more than two decades on Chicago’s iconic Magnificent Mile, outdoor retailer Orvis has announced it will permanently close its only city ...

Marisol Vega
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Chicago May Force Uber And Lyft To Boost Driver Pay In Sweeping New Ordinance
Business

Chicago May Force Uber And Lyft To Boost Driver Pay In Sweeping New Ordinance

CHICAGO — A major proposal by Ald. Michael Rodriguez (22nd) could soon require ride-share companies like Uber and Lyft to pay Chicago drivers above ...

Marisol Vega
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FanDuel Imposes New $0.50 Transaction Fee On Illinois Bets Starting September 1
Business

FanDuel Imposes New $0.50 Transaction Fee On Illinois Bets Starting September 1

ILLINOIS — Starting September 1, bettors in Illinois using FanDuel will be charged a $0.50 transaction fee per bet, as the sportsbook responds to ...

Marisol Vega
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Builders Paving Sues IDOT Over $21M in Frozen Road Contracts Linked to Palumbo Family
Business

Builders Paving Sues IDOT Over $21M in Frozen Road Contracts Linked to Palumbo Family

Legal Clash Over Frozen Road Contracts Builders Paving LLC, a Hillside-based road construction firm tied to relatives of convicted developer Sebastian “Sam” Palumbo, is ...

Marisol Vega
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Jel Sert Expansion Adds 100 Jobs in West Chicago with State-Backed Boost
Business

Jel Sert Expansion Adds 100 Jobs in West Chicago with State-Backed Boost

WEST CHICAGO, Ill. — Jel Sert Co., the nation’s largest producer of powdered drink sticks, has completed a $10 million expansion of its West ...

Marisol Vega
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The Good Life Economy: A New Blueprint For Bottom-Up Growth
Business

The Good Life Economy: A New Blueprint For Bottom-Up Growth

What if the problem with the economy isn’t about how much money we have — but how it moves? That’s the core idea behind ...

Marisol Vega
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Downtown Chicago Office Building Sells For 61% Loss As Real Estate Market Slumps
Business

Downtown Chicago Office Building Sells For 61% Loss As Real Estate Market Slumps

CHICAGO — The cracks in the nation’s commercial real estate sector are becoming impossible to ignore — and Chicago just offered up one of ...

Marisol Vega
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Illinois ‘Chicken Bill’ Aims To Boost Small Poultry Farms And Expand Access To Local Products
Business

Illinois ‘Chicken Bill’ Aims To Boost Small Poultry Farms And Expand Access To Local Products

ILLINOIS — A new bill headed to the governor’s desk could transform how small poultry farms operate in Illinois — lifting long-standing restrictions and ...

Marisol Vega
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CareerBuilder + Monster Closing Loop Headquarters, Laying Off Staff Amid Potential Sale
Business

CareerBuilder + Monster Closing Loop Headquarters, Laying Off Staff Amid Potential Sale

CHICAGO — Two major online job platforms — CareerBuilder and Monster — are shuttering their shared U.S. headquarters in Chicago’s Loop, signaling another shake-up ...

Marisol Vega
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Johnsonville Closes Longstanding Momence Plant, Nearly 300 Workers Laid Off
Business

Johnsonville Closes Longstanding Momence Plant, Nearly 300 Workers Laid Off

ILLINOIS — In a blow to the local workforce, Johnsonville Foods has shut down its Momence, Illinois manufacturing facility, resulting in the layoff of ...

Marisol Vega
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