Business
There’s a very real anxiety that Chicago’s main shopping districts are on the precipice of falling apart. And without the revenue generated from those areas, the city faces a potentially disastrous fiscal future.
Love ‘em or hate ‘em, electric scooters are back on Chicago streets. What you need to know about this year’s program.
Grants of $10,000 to $20,000 have been awarded to more than 2,600 small businesses throughout the state that have experienced financial loss or disruptions as a result of coronavirus-related closures.
Lawmakers on Tuesday approved new rules crafted by Gov. J.B. Pritzker to reduce the spread of the coronavirus despite opposition from Illinois Republicans and the Illinois Retail Merchants Association.
President Donald Trump has ordered sweeping but vague ban on dealings with the Chinese owners of popular apps TikTok and WeChat, saying they are a threat to U.S. national security, foreign policy and the economy.
The unrest that followed a police-involved shooting Sunday in Englewood was a blow to many areas of the city that were still recovering from protests earlier this summer and the economic fallout from the pandemic.
The inaugural $10 million Chicago Prize grant was awarded last week to a team from Auburn Gresham, which has ambitious plans to bring transformational change to the community.
McDonald’s files a lawsuit against its former CEO, who was ousted last fall. That story and more with Crain’s Chicago Business Editor Ann Dwyer.
McDonald’s says it’s suing Stephen Easterbrook, the CEO it ousted last year over an inappropriate relationship with an employee, alleging Monday that he covered up relationships with three other employees and destroyed evidence.
Blue Cross and Blue Shield of Illinois opened a new health and wellness center in Morgan Park on Monday after renovating a building abandoned by Target.
“This is a make or break moment for the state of Illinois, for making sure people are doing everything they can to mitigate, to reduce the spread,” the governor said. “This is a moment for us to enforce the masking requirement across the state.”
For a time, the ZIP code that comprises much of West Ridge had the highest number of confirmed COVID-19 cases – but not anymore. The community’s positivity rate is now below the city average.
It is the 20th straight week that at least 1 million people have sought jobless aid. Before the pandemic hit hard in March, the number of Americans seeking unemployment checks had never surpassed 700,000 in a week.
Following a May explosion, General Iron has put appropriate controls in place to resume its metal shredding operation, experts say. Neighbors say they have little faith in the company’s commitment to compliance.
A bank franchise reassesses one of its locations on Chicago’s Far South Side. That story and more with Crain’s Chicago Business Editor Ann Dwyer.
Their size and reach allow them to get assistance quickly and efficiently to people in need, but nonprofits with more than 500 employees cannot apply for forgivable loans under the CARES Act.