Business
Cinespace Studios, which helped spark a boom in movie and television production in Chicago, has been sold to a private equity firm that tapped a former Netflix executive to lead the operation on Chicago’s West Side.
The Labor Department said Friday that 4.4 million people quit their jobs in September, or about 3% of the nation’s workforce. That’s up from 4.3 million in August.
$50M airfield cargo expansion first phase of grander plan
The Rockford Airport Authority is not ceding Bell Bowl Prairie, an ancient prairie remnant that’s part of the airport’s nearly 3,000-acre property. In an interview with WTTW News, the authority reaffirmed its commitment to a $50 million expansion plan that would impact the five-acre prairie.
Construction on the Chicago Park District’s new $65 million headquarters in Brighton Park is already $4 million over budget just months after the project broke ground, demonstrating how challenging it is to redevelop former industrial sites, officials said.
The opening trade of $106.75 gave Rivian a market value of about $91 billion, greater than that of Ford and General Motors. That’s noteworthy because Rivian has so far delivered about 150 of its electric pickup trucks to customers, mostly employees, whereas Ford and GM sell millions of cars globally each year.
Following controversial remarks by McDonald’s CEO, a new campaign asks the company to do more than apologize. That story and more with Crain’s Chicago Business reporter A.D. Quig.
The bells will be clanging, but coins won’t necessarily be clinking as the Salvation Army kicks off its annual Red Kettle campaign Monday. With people carrying less cash, the Salvation Army has adjusted to accept more contactless payment methods in 2021.
As the holiday season nears and families across the country prepare to observe the traditions that make their celebrations special, the state of the global supply chain has been thrust into the spotlight.
As the weather starts to turn chillier and the days grayer, many Chicagoans rely on coffee to bring them some daily sunshine. But the people who grow the beans around the world don’t always benefit from the wealth their product creates.
The North Side food pantry is teaming up with nonprofit Fresh Food Connect to launch a mobile app that will allow home and community gardeners to donate some of their fresh grown produce.
Friday’s report from the Labor Department also showed that the unemployment rate fell to 4.6% last month from 4.8% in September. That is a comparatively low level though still well above the pre-pandemic jobless rate of 3.5%.
The predominantly African American community on the Far South Side has high rates of homeownership but a relatively low COVID-19 vaccination rate.
Small businesses and nonprofits grappling with lower-than-expected revenue and higher-than-expected costs have until Nov. 12 to apply for a new round of grants, between $5,000 and $10,000, from the city of Chicago.
The Occupational Safety and Health Administration said companies that fail to comply could face penalties of nearly $14,000 per violation.
Deere executives said Wednesday that the company wouldn’t return to the bargaining table with striking workers because it wouldn’t offer a better contract than one they rejected that included immediate 10% raises.
There’s a new bar in Andersonville that is one of the only bars left catering to queer women. Chicago Tonight’s Joanna Hernandez recently stopped by to learn more about the inspiration behind the bar’s name, Nobody’s Darling.