Business
John Brennan, a real estate investor and civic leader who was an active WTTW and WFMT trustee for the last 18 years, died suddenly on Monday. He was 60 years old.
Mayor Lori Lightfoot’s plan to close a projected $170.6 million budget gap in 2023 relies on booming tax revenues that she said proves Chicago’s budget has fully recovered from the economic catastrophe caused by the COVID-19 pandemic.
Along with accepting items for donation, experts will be on hand to share tips not only about recycling but re-using, re-purposing and reducing consumption.
A new high school is slated to be built at 24th and State streets, with the recent blessing of the Chicago Board of Education. It was a tight 4-3 vote, an indication of how controversial the plan is considering that residents of Chinatown, the South Loop and surrounding communities have been asking for a new school for decades.
Northwestern University on Wednesday unveiled plans for a state-of-the-art $800 million stadium, which would replace the almost 100-year-old Ryan Field.
Mayor Lori Lightfoot did not explain Thursday how she would propose to bridge the city’s projected 2023 budget shortfall, which is now 33% bigger than the gap she detailed nearly two months ago.
The economy shrank in the first half of this year, the government confirmed in a report Thursday, underscoring fears of a broad-based slowdown that could lead to a recession.
Illinois was supposed to be the national model when government leaders pledged they’d use the 2020 legalization of marijuana to right the wrongs of the war on drugs that disproportionately harmed Black and Latino communities. Nearly three years later, those poised to benefit say they’re still stymied.
The volatile trading comes a day after a broad sell-off sent the Dow Jones Industrial Average into a bear market, joining other major U.S. indexes.
Northern Indiana Public Service Company is retiring the 130-acre Michigan City Generating Station, which has been burning coal for electricity for nearly a century. The company is also cleaning up decades of coal ash byproduct. But advocates say plans to leave some coal ash on the site puts groundwater and Lake Michigan in danger of contamination.
There’s good news for those apartment hunting in downtown Chicago as record-high prices begin to cool off. And airline passengers will have more power and goodwill under a new federal proposal that would force fees to be disclosed.
The Dow Jones Industrial Average fell 1.1%, becoming the last of the major U.S. stock indexes to fall into what’s known as a bear market. The S&P 500 closed 1% lower and the Nasdaq dropped 0.6%.
The Dow Jones Industrial Average fell 1.6%, closing at its lowest level since late 2020. The S&P 500 fell 1.7%, close to its 2022 low set in mid-June, while the Nasdaq slid 1.8%. The selling capped another rough week on Wall Street, leaving the major indexes with their fifth weekly loss in six weeks.
Many city employees and people of Polish descent call the community of Dunning home, as do veterans, who at long last are beginning to move into Chicago’s newest veterans’ home.
Back in the late 19th century, Dunning was thought of as a scary place.
“Parents used to threaten their children that if you didn’t behave, if you didn’t eat breakfast, they’d send you to Dunning,” said history buff and longtime area resident Dan Pogorzelski of the Northwest Chicago Historical Society.
Chicago's City Council approved a pilot program that will allow restaurants and grocery stores to make deliveries via "personal delivery devices (PDDs)," aka, robots.
Employees at a Starbucks in west suburban Elmhurst say they’ve filed for union representation, joining hundreds of other coffee shops around the country and in the Chicago area.