The outspoken Tesla CEO, who is also the world’s wealthiest person, has said he wanted to own and privatize Twitter because he thinks it’s not living up to its potential as a platform for free speech.

Crain’s Chicago Business Editor Ann Dwyer joins us to go behind the headlines.

A casino does not belong so close to Chinatown, where it will have “human costs,” state Rep. Theresa Mah told WTTW News on Thursday.

Jobless claims fell by 2,000 to 184,000 last week, the Labor Department said Thursday. The four-week average of claims, which levels out week-to-week volatility, rose by 4,500 to 177,250.

The narrow margin of the committee’s vote sets up what could be a nailbiter at the City Council meeting set for April 27.

The CTA passes and gas cards with Mayor Lori Lightfoot's name would be sent to voters approximately 10 months before the next mayoral election.

A certification and bidding process opened Tuesday for a civil nuclear credit program that is intended to bail out financially distressed owners or operators of nuclear power reactors, the U.S. Department of Energy told The Associated Press exclusively, shortly before the official announcement. 

Twitter Inc. said in a regulatory filing on Thursday that Elon Musk, currently the company’s biggest individual shareholder, has proposed buying the remaining shares of Twitter that he doesn’t already own at $54.20 per share, an offer worth more than $43 billion.

Six months out from the midterm elections, President Joe Biden’s team is betting that smaller, discrete announcements can break through to voters better than talk of transformational plans that are so far only aspirational.

Most gasoline sold in the U.S. is blended with 10% ethanol. The Environmental Protection Agency will issue an emergency waiver to allow widespread sale of 15% ethanol blend that is usually prohibited between June 1 and Sept. 15 because of concerns that it adds to smog in high temperatures.

The program, which is expected to include 5,000 Chicago households, will study whether a universal basic income could reduce poverty in the city. Applications will close at 11:59 p.m. May 13.

With three community meetings complete, the roulette ball bounces back to Mayor Lori Lightfoot, who is expected to make her decision within the next two months and pick one of three proposed Chicago casino locations. 

Back in December 2020, the Fed’s policymakers had forecast that consumer inflation would stay below their 2% annual target and end 2021 at around 1.8%.Yet after having been merely an afterthought for decades, high inflation reasserted itself last year with brutal speed.

The Edgewater location brings the total to eight area Starbucks coffee shops seeking representation. Those workers are part of a rapidly expanding nationwide effort that organizers now say numbers 176 locations, 10 of which have voted in favor of joining a union.

Skeptical members of the Chicago City Council blasted the proposal as an election-year stunt that would benefit oil companies without offering Chicagoans real relief from the pain at the pump.

Democrats, who control the General Assembly, and therefore the budget process in the House, Senate and governor’s office have each offered different proposals with various forms of tax breaks. They aim to have their differences reconciled before Friday’s end, when the spring session is scheduled to adjourn.