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Chicago Corporate News

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

A rising number of chief executives run their companies at home or in a hotel room Our annual survey reveals the top locations in which this trend is occurring. We also look into the surprising reasons for people to leave their posts in the C-suite as well as some of the advantages.

Companies are increasingly relying on "navigators" who help new employees learn on their job. This "first of its kind program was launched by a Chicago-based tech firm in collaboration with the local university.

Amazon employees were forced to leave the fulfillment center because of the fire that broke out on Thursday morning. This was after customers expressed their desire for it to stay operational. It now appears that the reopening of it is now underway following the interest of customers.

Chicago is currently working on resurfacing streets and drivers will likely encounter lane closures on several major roads throughout downtown. Before you hit the road be sure to make sure you check the tread depth of your tires and pressure.

According to a recent report, nearly half of America's most profitable airlines are losing money as per research. The financial challenges are caused by a variety of factors including increasing fuel costs and a more competitive airline industry.

The owner of Save A Lot has revealed plans to close most of its Chicago area stores; its remaining stores will operate as usual. This could come as the biggest shock for those who have become accustomed to shopping at low costs.

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

Self-employment is an increasingly popular option for those over 65 however, it's not always easy. Here are a few tips to help those who are just starting out.

Private equity company in the area takes over a stalled project. A reorganization could transform one of Chicago's fast-growing companies' views of its headquarters space within Chicago's Loop district.

Illinois residents should anticipate their utility bills to increase this summer, and then reduce next winter. This is because Illinois utilities are trying to maintain their current rates up to 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 covered technology, entertainment, commercial real estate for Los Angeles Business Journal as well as DNAinfo Chicago and illinois basketball post game press conference (https://Independent.academia.edu/pressez) Real Estate Journal.