For 48 years, the Chicago Reporter has investigated issues of race and poverty. But last month, the publication was abruptly put on hiatus by the faith-based nonprofit that owns it. Now, dozens of former staffers are demanding answers.
Business
Federal Reserve Chair Jerome Powell warned Tuesday that a tentative recovery from the pandemic recession could falter unless the federal government supplies additional economic support.
After a developer purchased a neighborhood plaza earlier this year, some residents and business owners are concerned the fabric of the community — known as the epicenter of Mexican culture and commerce for the entire Midwest — could be at risk.
Here’s a rarity in the downtown office market amid the pandemic: a company secures a sublease for its office space. Crain’s Chicago Business Editor Ann Dwyer joins us with that story and more.
A proposal by House Democrats to give the airline industry $28.8 billion to avert thousands of furloughs failed to advance on Friday, marking a fresh setback for airlines struggling with a massive downturn in travel during the pandemic.
The community faces food insecurity, poverty and violence in addition to the coronavirus pandemic and fallout from this summer’s civil unrest. Meanwhile, residents have mobilized to support one another.
Electric cargo bicycles are set to start zipping around Chicago after aldermen advanced a measure on Thursday that would give the three-wheelers the green light.
Overall jobless aid has shrunk in recent weeks even as roughly 25 million people rely upon it. The loss of that income is likely to weaken spending and the economy in the coming months.
After sitting empty for nearly two decades, the old Cook County Hospital building has been given a new life. Leaders are touting the $140 million project as a sign of hope amid an economic downturn.
With air travel down about 70% from last year, many carriers including United and American say they’ll be forced to cut jobs without additional aid. Delta and Southwest, two other big carriers, tapped private capital markets and say they’ll avoid layoffs.
Boeing announces layoffs, United announces pay cuts and a Lincoln Park apartment sells for a high price. Crain’s Chicago Business Editor Ann Dwyer joins us with the stories behind the headlines.
Chicago bars will once again be able serve customers indoors starting Thursday, as Mayor Lori Lightfoot moved to lift restrictions after a drop in the number of confirmed cases of the coronavirus.
Little Village on Chicago’s Southwest Side is known for its rich Mexican culture. But some residents and business owners fear a neighborhood staple could be in danger.
Commonwealth Edison announced Tuesday it will not shut off electricity in homes amid the coronavirus and recession — quickly meeting a key condition set by Mayor Lori Lightfoot if the utility giant is to extend its city contract.
The city’s guidelines for 2020’s unprecedented outdoor fall-to-winter dining season allow for several types of heaters, but fire pits aren’t one of them.
Could the pandemic affect the Old Post Office’s leases with high-profile tenants? Crain’s Chicago Business reporter Danny Ecker joins us with the stories behind the headlines.
