Business
How exactly are streets organized in Chicago? WTTW News gives you a guided tour of the grid system that organizes the city’s streets and addresses.
The Illinois Department of Financial and Professional Regulation announced the latest timeline and application process for obtaining a cannabis dispensary license.
It is the company’s biggest-ever round of layoffs and adds to tens of thousands of other job losses recently announced by Microsoft, Amazon, Facebook parent Meta and other tech companies as they tighten their belts amid a darkening outlook for the industry. Just this month, there have been at least 48,000 job cuts announced by major companies in the sector.
A coalition of community-led groups just received $10 million from the Pritzker Traubert Foundation to help fund a wide-ranging project. It’ll bring together a range of services and opportunities — from health and wellness, to arts and culture and beyond.
Utilities companies like ComEd and Peoples Gas make money by delivering energy. The rates they’re seeking to hike are for distribution, including infrastructure like pipes and transmission lines, and the profit they can tack on to those costs.
The company said it secured $150 million in financing that will allow it keep its stores open and operations running. As of October, the Company had 761 total Party City stores and 149 temporary Halloween City stores.
The ongoing slowdown in wholesale price growth is adding to evidence that the worst bout of inflation in four decades is steadily easing, though it remains far above the Federal Reserve’s target of 2%.
The historic LaSalle Street corridor has been an economic engine for the city since the turn of the last century. But in recent years, the once vibrant financial district has suffered as major banks that anchored the area moved elsewhere in the city.
What was once a cheap source of protein has become a luxury breakfast food. Egg prices have soared over the past year, as the worst avian flu outbreak in U.S. history has infected more than 57 million chickens.
When Martin Luther King Jr. came to Chicago in 1965, his mission was to end the slum housing conditions that many Black residents were forced to live in. For 17 months, he fought with boycotts, rallies and marches — a campaign that ultimately contributed to the passage of the Fair Housing Act in 1968.
The long stretch without a Mega Millions jackpot winner is because of the game’s steep odds of 1 in 302.6 million.
A lingering bird flu outbreak, combined with soaring feed, fuel and labor costs, has led to U.S. egg prices more than doubling over the past year and hatched a lot of sticker shock on grocery aisles.
The new jackpot drawing on Friday night will be another milestone in the game, Mega Millions said in a statement early Wednesday.
The Federal Aviation Administration is lifting a ground stop on flights across the U.S. following a computer outage early Wednesday that resulted in thousands of delays and hundreds of cancellations quickly cascading through the system at airports nationwide.
Chicagoans are all too familiar with having to sit in traffic. A recent report shows that the average Chicago-area driver spent 155 hours in traffic last year. That's the highest number in North America and second highest in the world.
If someone wins Tuesday’s jackpot, it would be the third-largest jackpot in Mega Millions history, the lottery announced in a news release.