Business
A merger that would have created the world’s largest insurance brokerage falls through. Crain’s Chicago Business editor Ann Dwyer takes us behind the headline of that story and more business news.
Residents and property owners in the city and state are seeking aid in recovering economic losses or securing housing. But for some Latino residents, language barriers and concerns over their immigration status keep them from getting the help they need.
Cleveland’s new name was inspired by the large landmark stone edifices — referred to as traffic guardians — that flank both ends of the Hope Memorial Bridge, which connects downtown to Ohio City.
The historic Bronzeville neighborhood on the city’s South Side sits just south of McCormick Place, and has been known for decades as a hub of Black arts and culture in Chicago. Wednesday, City Council paved the way for a massive new development that could reshape the community’s future.
Meet a group of Chicago food vendors who are now the owners of a shared kitchen after renting it for years. With it, they hope they can help their community achieve the American dream.
The site of the long-defunct hospital is poised to be transformed into a new Chicago neighborhood offering 4,800 homes, plus offices, research facilities and stores as part of a $4 billion redevelopment. “This has been a long time coming,” said Ald. Sophia King.
One of the show-stopping entries at this year’s event? The Ford F-150 Lightning. That truck and other electric cars that were on display have electric vehicle advocates eager to accelerate the shift from gas to electric.
The famed Chicago hot dog chain is adding an IPO to the menu. Crain’s Chicago Business reporter A.D. Quig has details on that story and more.
Shared rides were a key part of how the founders of Uber and Lyft envisioned disrupting transportation. Back in 2014, the companies raced each other to be first to announce their carpooling options. Then the pandemic hit, and the companies swiftly suspended their shared offerings.
U.S. Transportation Secretary Pete Buttigieg says he’s confident the Biden administration’s infrastructure bill will pass Congress, touting on Friday its bipartisan support and saying both the president and the public are impatient to see the deal finalized.
Eight miles north from the Loop, manufacturing buildings, Victorian homes and small businesses line Ravenswood’s streets. The community is neighbored by North Center and Lincoln Square, and there’s much disagreement over where the three neighborhoods’ borders end and begin.
Chicago generates more than 4 million tons of material waste annually. A new, highly anticipated report recommends a number of strategies aimed at keeping more of that trash out of landfills.
The Biden administration is beginning to distribute expanded child tax credit payments, giving parents on average $423 this month, with payments continuing through the end of the year.
Three lotteries have been set where successful applicants will win coveted licenses to collectively open another 185 cannabis dispensaries throughout Illinois.
The child tax credit had always been an empty gesture to millions of parents. That changes Thursday when the first payment of $1,000 hits bank accounts — and dollars start flowing to the pockets of more than 35 million families around the country.
More than 224,000 renters in the Chicago area said they aren’t confident they’ll be able to pay next month’s rent, according to a recent survey. With the state’s ban on evictions ending soon, organizations serving the homeless anticipate an uptick in the number of people who need help.