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Chicago Corporate News
Chicago's top business news site includes local businesses as well as the biggest corporations in Chicago including restructuring and reorganization efforts to hiring new employees and lay offs, through consumer watchdogs reports and updates to the industry for retail and technology sectors.
Our annual survey reveals that an increasing number of chief executive officers are leading their businesses from their homes or in hotel rooms. We also explore the unexpected reasons that people quit their executive positions in the C-suite, Press Release (top article) and also the benefits.
Businesses are increasingly relying on "navigators" who are able to aid new employees to learn on the job. This "first of its kind program was recently launched by a Chicago-based tech firm working in conjunction with a local university.
Amazon fulfillment center employees were evacuated because of a fire in the early hours of Thursday morning. The evacuation was prompted by further consideration by customers who wanted the facility open. The facility's reopening appears to have resumed after customers expressed interest.
Chicago is currently working on resurfacing streets which means that drivers could face lane closures on several major roads throughout the city. Before you head out on the roads, be certain to check your tires' tread depth and the pressure of your air.
A new report shows that over half of America's top 100 airlines are losing money. These financial problems are the result of a number of factors, including the rising cost of fuel prices and a more competitive airline industry.
The owner of Save A Lot has announced that he plans to close the majority of his stores located in Chicago. The remaining stores will remain open like they always do. This could come as an unexpected shock for shoppers who are used to shopping at low prices.
Tupperware Brands has filed for Chapter 11 bankruptcy after a whistleblower lawsuit.
Self-employment is a popular option for older adults however, it's not always simple. Here are some helpful tips to help you get started.
Local private equity company takes the lead on a project that has been stalled for years. Reorganization is likely to change one of Chicago's fastest-growing businesses' perception of its headquarters in Chicago's Loop district.
Illinois residents should expect that their utility bills will rise during the summer months, but then fall in the winter to come. This is due to Illinois utilities are working to maintain their current rates until 2025.
Wendell Hutson covers economic development and commercial real estate for Crain's. He was awarded three A. Philip Randolph Messenger Awards from the National Newspaper Publishers Association. Prior to joining Crain's, Wendell Hutson covered entertainment technology, commercial real property at Los Angeles Business Journal, DNAinfo Chicago, Illinois Real Estate Journal, as well as Illinois Real Estate Journal.
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