Business

$650M Chicago Fire Stadium Approved in South Loop

$650M Chicago Fire Stadium Approved in South Loop — Privately Funded Project to Anchor The 78 Development

CHICAGO — A major sports infrastructure project is now officially underway in Chicago, as the Chicago Fire FC has announced plans to construct a ...

|
Thoma Bravo Secures $34.4 Billion for New Funds, Cementing Its Status as Software PE Giant

Thoma Bravo Secures $34.4 Billion for New Funds, Cementing Its Status as Software PE Giant

CHICAGO — Thoma Bravo, a leading private equity firm focused on software and technology, has announced the successful completion of a massive $34.4 billion ...

|
Meta Signs 20-Year Nuclear Energy Deal to Power Illinois Plant, Secure Jobs

Meta Signs 20-Year Nuclear Energy Deal to Power Illinois Plant, Secure Jobs

CLINTON, Ill. — In a landmark partnership aimed at boosting clean energy and preserving local jobs, Meta has signed a 20-year power purchase agreement ...

|
University of Chicago Students Push Vacancy Tax to Boost Affordable Housing

University of Chicago Students Push Vacancy Tax to Boost Affordable Housing

CHICAGO — In a new pitch to tackle the city’s housing crisis, a group of University of Chicago undergraduates is proposing a vacancy tax ...

|
Roman Catholic Archdiocese Sells Historic Kenwood Mansion to UChicago Surgeon for $1.15M

Roman Catholic Archdiocese Sells Kenwood Mansion to University of Chicago Surgeon for $1.15M

CHICAGO — A historic South Side property in Kenwood has changed hands. The Roman Catholic Archdiocese of Chicago has sold a nine-bedroom, 12-room mansion ...

|
Former Chicago Bear and Entrepreneur Israel Idonije Buys St. Regis Condo

Former Chicago Bear and Entrepreneur Israel Idonije Buys St. Regis Condo

CHICAGO, IL — Former Chicago Bears defensive end and entrepreneur Israel Idonije has expanded his real estate portfolio with the purchase of a one-bedroom ...

|
Illinois Budget Boosts Rockford-Chicago Rail Line with 2027 Launch Goal

Illinois Budget Boosts Rockford-Chicago Rail Line with 2027 Launch Goal

ROCKFORD, IL — The long-awaited return of passenger rail service between Rockford and Chicago is now one step closer to reality, thanks to Illinois’ ...

|

Johnsonville Shuts Down Kankakee County Meat Plant, Laying Off 274 Workers

MOMENCE, ILLINOIS — Johnsonville LLC has permanently closed its meat processing plant in Kankakee County this week, laying off 274 workers as part of ...

|
Trump and Xi May Resume Trade Talks Amid Tensions, Hassett Says

Trump and Xi May Reignite Trade Talks, But No Date Set Yet, Says White House Official

Chicago, IL — A new round of U.S.-China trade talks may be on the horizon as White House officials say President Donald Trump and ...

|
Ascension Approaches $3.9B Acquisition of Amsurg's Outpatient Centers

Ascension Nears $3.9B Deal to Acquire Amsurg’s Outpatient Centers, Including Three in Chicago

CHICAGO, IL — Ascension, one of the nation’s largest nonprofit health systems, is reportedly in advanced negotiations to acquire Amsurg, a prominent operator of ...

|