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Chicago Corporate News

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

Our annual survey shows that the majority of chief executive officers are leading their businesses from home or in hotel rooms. Additionally, we explore some unexpected reasons people leave C-suite posts and the benefits.

Employers are increasingly relying on "navigators", who can assist new employees in learning on their job. A Chicago tech firm recently partnered with a local university in providing this 'first-of-its-kind' program nationwide.

Amazon fulfillment center workers were evicted due to an incident in the early hours of Thursday morning. The evacuation was prompted by some further discussion with customers who wanted the facility to opened. It is now believed that it is reopening has been reopened following interest from customers.

Chicago is currently working on resurfacing its streets, meaning drivers may encounter lane closures on several major roads in the city. Before you drive make sure you make sure you check the tread depth of your tires and the pressure.

According to a report released today that shows nearly half of the nation's most profitable airlines are losing money as per research. Numerous factors, including the rise in fuel costs and an increasingly competitive industry of airlines, contribute to the financial challenges.

Save A Lot's owner Save A Lot has announced that he is planning to sell the majority of his stores in Chicago. The remaining stores will continue operating as usual. This could come as the biggest shock for those who have become accustomed to buying from them at bargain prices.

Tupperware Brands, the company that invented food storage decades ago, has filed for Chapter 11 bankruptcy protection following the whistleblower lawsuit.

Self-employment is a popular option for seniors, but it's not always straightforward. Here are a few tips to help those who are just starting out.

Private equity company in the neighborhood takes over a stagnant project. The reorganization of a rapidly growing Chicago headquarters of a company could alter the perception of this area located in the city's Loop District.

As the federal government gets ready to deal with an expected power shortage, Illinois residents can anticipate their utility bills rising this summer before reducing next winter as Illinois utilities try to hold current rates in place until 2025.

Wendell Hutson is responsible for Crain's coverage of economic development commercial real estate, and other related topics. He was honored with three A. Philip Randolph Messenger Awards from the National Newspaper Publishers Association; prior to joining Crain's Wendell was a reporter covering entertainment, technology, commercial real estate for Los Angeles Business Journal as well as DNAinfo chicago press brake (www.speedrun.com) and Illinois Real Estate Journal.