Chicago Corporate News
Chicago's top business news site includes local businesses as well as the largest corporations in Chicago including Reorganization and restructuring initiatives to new hires and laid offs, to consumer watchdogs reports and updates on industry trends for the technology and retail sectors.
A growing amount of CEOs are running their companies from their homes or in a hotel room, and our annual survey reveals the most popular places where this trend occurs. We also look into the surprising reasons that people quit their C-suite positions, as well as some of its benefits.
As more and more jobs require specialized training, companies are looking to "navigators" to assist new hires with on-the-job learning. This "first-of-its-kind program was launched by a Chicago-based tech company working in conjunction with an local university.
Amazon fulfillment center employees were evacuated because of an incident on Thursday morning; after some further discussion with customers who wanted to keep the center opened. It now appears that the reopening of it is now underway following the interest of customers.
Chicago is currently resurfacing its roads. That means drivers may encounter lane closures the city's downtown. Before you travel, check your tire tread depth and the pressure.
A new report shows that over half of America's top 100 airlines fail to make money. The financial challenges are caused by a variety of factors including increasing cost of fuel and a highly competitive airline industry.
Save A Lot's owner Save A Lot has announced that he plans to sell the majority of his stores in Chicago. The remaining stores will continue operating like they always do. It could be a shock for shoppers used to the bargain costs.
Tupperware Brands, the company which pioneered the concept of storage of food for decades is now seeking Chapter 11 bankruptcy protection following the whistleblower lawsuit.
More seniors are taking on self-employment to earn a living however, it's not easy. Here are a few suggestions to help those who are just starting out.
Private equity firm in the area takes over a stalled project. The reorganization of a rapidly growing Chicago company's headquarters could change the perception of this area located in the city's Loop District.
As the federal government gears up to address an anticipated power crisis, Illinois residents can anticipate their utility bills rising in the summer, and then decreasing over the winter as Illinois utilities work to hold current rates in place until 2025.
Wendell Hutson is responsible for Crain's coverage of economic development, commercial real estate and other related subjects. He received three A. Philip Randolph Messenger Awards by the National Newspaper Publishers Association. Prior to joining Crain's, Wendell Hutson worked in entertainment technology, business and estate for Los Angeles Business Journal, DNAinfo Chicago, Illinois Real Estate Journal and 2 interesting facts about illinois (start.me) Real Estate Journal.
