Chicago Corporate News
Chicago's leading business news site covers local businesses and the biggest corporations in Chicago including the reorganization and restructuring efforts, to new hires and lay offs, through consumer watchdogs reports and updates to the industry for the retail and technology industries.
Our annual survey shows that an increasing number of chief executive officers are running their companies from home or hotel rooms. We also look into the surprising reasons for people to leave their C-suite positions, along with the benefits.
As more and more jobs require specialized training, companies are looking to “navigators” to assist new hires with on-the-job learning. A Chicago tech company recently partnered with a local school to offer this unique program throughout the nation.
Amazon fulfillment center employees were evacuated because of the fire that broke out early on Thursday morning. This was followed by some further discussion with customers who wanted the facility in operation. The facility's reopening seems to be on the cards after customers expressed interest.
Chicago is currently working on resurfacing its streets and drivers will likely encounter road closures on a variety of major streets throughout the city. However, press release 5 w's (click through the next article) before you take to the roads, be sure to inspect the tread depth of your tires and air pressure.
According to a recent report, nearly half of America's most profitable airlines are losing money according to research. These financial problems are the result of a number of factors including increasing fuel costs and a more competitive industry for airlines.
The owner of Save A Lot has announced plans to close the majority of its Chicago local stores. The remaining stores will operate like they always do. This could be a surprise for shoppers used to the bargain cost of the stores.
Tupperware Brands has filed for Chapter 11 bankruptcy after a whistleblower lawsuit.
Many seniors are looking to work for themselves as a source of income however, it can be a challenge. Here are some tips to help people get started.
Private equity firm in the neighborhood takes over a stagnant project. Reorganization is likely to change one of Chicago's companies that are growing fast' view of its headquarters space within the city's Loop district.
Illinois residents should expect their utility bills to rise in the summer and reduce in the winter to come. This is due to the fact that Illinois utilities are working to maintain current rates until 2025.
Wendell Hutson covers economic development and commercial real estate for Crain's. He was recognized with three A. Philip Randolph Messenger Awards from the National Newspaper Publishers Association; Prior to joining Crain's Wendell covered entertainment, technology commercial real estate for Los Angeles Business Journal as well as DNAinfo Chicago and Illinois Real Estate Journal.