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Chicago Corporate News

Chicago's most trusted business news site provides local business news as well as the largest corporations in Chicago including Reorganization and restructuring initiatives to new hires and laid offs, to consumer watchdogs reports and updates to the industry for the technology and retail sectors.

Our annual survey indicates that an more chief executives are managing their companies from home or in hotel rooms. In addition, we look into various reasons why people quit their C-suite jobs as well as the advantages.

As more and more jobs require specialized training, companies are using "navigators" to help new hires with on-the-job learning. A Chicago tech firm recently partnered with a local university in providing this 'first-of-its-kind' program across the country.

Amazon employees were forced to leave the fulfillment center because of an incident that occurred on early on Thursday morning. This was after customers expressed their desire to be operational. It now appears that the reopening of it has resumed following customer interest.

Chicago is currently resurfacing its streets. This means that drivers are likely to encounter lane closings the city's downtown. But before heading out onto the roads, be certain to check the tread depth of your tires and the pressure of your air.

A new study shows that nearly half of America’s top 100 airlines lose money. Many factors, including the rise in prices for fuel as well as an ever competitive industry for airlines can contribute to these financial struggles.

Save A Lot's owner Save A Lot has announced that he will close the majority of his stores located in Chicago. The remaining stores will continue operating like they always do. It could be an unexpected shock for shoppers who are used to buying from them at bargain prices.

Tupperware Brands, the company that pioneered storage of food for decades, has filed for Chapter 11 bankruptcy protection following an action brought by a whistleblower.

More seniors are looking to work for themselves as a source of income, but it can be a challenge. Here are a few suggestions to help them get started.

Local private equity firm is taking the lead on a project that has been stalled for years. Reorganization of a fast-growing Chicago company's headquarters may alter the perception of this space located in the city's Loop District.

The federal government gears up to deal with an expected power crisis, Illinois residents can anticipate their utility bills rising this summer and decreasing next winter, as Illinois utilities attempt to hold current rates in place until 2025.

Wendell Hutson covers economic development and commercial real estate for Crain's. He received three A. Philip Randolph Messenger Awards from the National Newspaper Publishers Association. Prior to joining Crain's, Wendell Hutson was a reporter covering entertainment technology, commercial real estate at Los Angeles Business Journal, DNAinfo Chicago, ecb press release - https://www.diigo.com/profile/pressez, Illinois Real Estate Journal, as well as Illinois Real Estate Journal.