A company under fire for using a carcinogenic gas to sterilize medical equipment announced Monday it is permanently closing its sole Illinois facility on account of an “unstable legislative and regulatory landscape.”
Business
Sep 30, 2019 |
Sep 26, 2019 |
Michelin, the global fine dining guide, granted its prestigious star awards Thursday to a swath of Chicago restaurants, this year bestowing the honor on 25 local venues. That’s up from 22 last year.
Sep 25, 2019 |
The corporate parent of Arby’s, Sonic Drive-Ins and Buffalo Wild Wings is adding Jimmy John’s to its widening roster of restaurant chains.
Sep 24, 2019 |
Investors in municipal bonds are increasingly weighing the effects of climate change in their calculations, and a new report out Tuesday from Moody’s Investor Service indicates Illinois bonds are not going to benefit from the new math.
Sep 23, 2019 |
U.S. Rep. Mike Quigley announces $100 million in federal funding for a major Chicago Transit Authority project. The most visible portion of the project – the Belmont Avenue flyover – is scheduled to begin within days.
Sep 19, 2019 |
An electric vehicle maker is on tap to build 100,000 delivery vans for the e-commerce giant Amazon. The massive order is just part of a broader commitment, announced Thursday by Amazon CEO Jeff Bezos, to make his company greener.
Sep 18, 2019 |
A relatively nondescript seven-story office building in the Fulton Market District has become the most expensive office building sale in the city’s history.
Sep 18, 2019 |
The nation’s Republican state attorneys general have, for the most part, lined up in support of a tentative multibillion-dollar settlement with OxyContin maker Purdue Pharma, while their Democratic counterparts have mostly come out against it, decrying it as woefully inadequate.
Sep 17, 2019 |
The Lightfoot administration makes its first moves to regulate the recreational marijuana industry, releasing guidelines on where the new businesses can locate. And here’s the catch: they’re all outside the city’s central business district.
Sep 17, 2019 |
At a City Council hearing on Tuesday, committee members discussed a proposal to raise the city’s minimum wage to $15 an hour by 2021. Activists say it’s long overdue. But could it hurt small businesses? We debate the issue.
Sep 16, 2019 |
The retail giant is roughly doubling the number of employees in its Loop office. But these aren’t warehouse jobs – the new hires that will work in fields including cloud computing, advertising and business development.
Sep 16, 2019 |
It’s a job as old as time, but one Chicagoan is beekeeping in her own unique way. Meet graphic designer-turned-beekeeper Jana Kinsman.
Sep 16, 2019 |
OxyContin maker Purdue Pharma and its owners expressed sympathy but not responsibility for the nation’s opioid crisis as the company filed for bankruptcy protection late Sunday night.
Sep 12, 2019 |
Rent control has been barred in Illinois since 1997 but is once again under consideration. How does it work, and is it the answer to Chicago’s affordable housing crisis?
Sep 12, 2019 |
Boeing 787 Dreamliners once praised as “beautiful” by President Donald Trump could become a casualty of his escalating trade war with China. That and other business news from Crain’s Chicago Business.
Sep 11, 2019 |
Ten years ago, less than 2 million records were purchased in the U.S. But last year, nearly 17 million were sold. And now there are records being made in Chicago for the first time in decades. We stop by to see how it’s done.
