Chicago Corporate News

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

Our annual survey reveals that an increasing number of chief executives are managing their businesses from home or hotel rooms. We also look into the surprising reasons for people to leave their posts in the C-suite as well as some of the advantages.

As more jobs require specific training, companies are looking to "navigators" to assist new employees with learning on the job. A Chicago tech company recently joined with a local university in launching this first-of-its-kind program across the country.

Amazon employees evacuated the fulfillment center following the fire that broke out on Thursday morning. This was after customers expressed their desire to stay operational. The facility's reopening seems to be on the cards after customers expressed an interest.

Chicago is currently resurfacing its streets. That means drivers will encounter lane closures in downtown. Before you head out on the streets, make certain to check the tread depth of your tires and air pressure.

A new study shows that more than half of America's top 100 airlines lose money. The financial challenges are caused by a variety of reasons, x- press (pressez.substack.com) including rising fuel costs and a more aggressive airline industry.

The owner of Save A Lot has announced that he plans to close the majority of his stores located in Chicago. The remaining stores will remain open as usual. This could come as the biggest shock for those who have become accustomed to shopping there at low prices.

Tupperware Brands has filed for Chapter 11 bankruptcy after a whistleblower lawsuit.

Many seniors are looking to work for themselves as a source of income However, it can be a challenge. Here are a few tips to help people get started.

Local private equity company is taking on long-stalled project. Reorganization is likely to change one of Chicago's companies that are growing fast' views of its office space in Chicago's Loop district.

As the federal government gets ready to tackle an anticipated power crisis, Illinois residents can anticipate their utility bills rising this summer before reducing next winter, as Illinois utilities try to keep current rates through 2025.

Wendell Hutson is responsible for Crain's coverage of economic development, commercial real estate and other related topics. 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 and commercial real property at Los Angeles Business Journal, DNAinfo Chicago, Illinois Real Estate Journal as well as Illinois Real Estate Journal.