Chicago Corporate News

Chicago's most trusted business news site covers everything from small local firms to Chicago's largest companies including the process of restructuring and reorganization, new hires and layoffs to consumer watchdog reports as well as news from the tech and Press Release; My Source, retail sectors.

An increasing number of chief executives are leading their companies from their homes or in a hotel room Our annual survey shows the most popular places where this trend occurs. We also examine the unanticipated reasons for people to leave their executive positions in the C-suite, and also some of the advantages.

As more and more jobs require specialized training, companies are turning to "navigators" to help new hires with on-the-job learning. A Chicago tech firm recently partnered with a local college to offer this unique program across the country.

Amazon employees were forced to leave the fulfillment center due to the fire that broke out on Thursday morning. This was after customers have expressed their desire to stay open. It is now believed that it will be reopened. has resumed following customer interest.

Chicago is currently working on resurfacing its streets which means that drivers could face the closure of laneways on several major streets throughout downtown. Before you hit the road be sure to examine the tire tread depth and the pressure.

According to a new report almost half of America's top 100 airlines are losing money, as per research. Many factors, including the rise in cost of fuel and a more competitive industry of airlines, contribute to these financial struggles.

The owner of Save A Lot has announced that he will close the majority of his stores located in Chicago. Its remaining stores will continue operating in the same way. This may come as the biggest shock for those who have become accustomed to shopping at low prices.

Tupperware Brands has filed for Chapter 11 bankruptcy after a whistleblower lawsuit.

Self-employment is a popular option for those over 65 however, it's not always straightforward. Here are a few tips to help them get started.

Private equity firm from the neighborhood takes over a stagnant project. Reorganization is likely to change one of Chicago's companies that are growing fast' views of its office space in the city's Loop district.

The federal government gets ready to tackle an anticipated power shortage, Illinois residents can anticipate the cost of their utilities rising this summer and decreasing next winter, as Illinois utilities try to maintain current rates through 2025.

Wendell Hutson covers economic development and commercial real estate for Crain's. He received three A. Philip Randolph Messenger Awards from the National Newspaper Publishers Association. Before joining Crain's Wendell Hutson was a reporter covering entertainment, technology and commercial real estate for Los Angeles Business Journal, DNAinfo Chicago, Illinois Real Estate Journal, as well as Illinois Real Estate Journal.