As you may have heard on Wednesday, independent music label and distributor Touch and Go announced they're scaling back their operations. The Chicago operation has been an integral part of the independent music industry for more than 25 years.
As the business reporter at Chicago Public Radio, I am tasked with covering the economic impact on the Chicago area. Needless to say, my plate is pretty full right now. I'm working on this story for the near future...
This morning when I got into the office everyone was talking about the Great American Job Fair taking place in Navy Pier's Grand Ballroom. The event was part of Good Morning America's job fair tour and featured a speech from Tory Johnson, GMA's workplace contributor.
According to a new report from a D.C. group called "Good Jobs First" the state of Illinois leads the nation in the amount of sales tax receipts it lets retailers keep. The group says the national loss numbers are around $1 billion a year. Illinois accounts for $126 million of that.