The Chicago Transit Authority's board of directors is scheduled to vote on the agency's $1.24 billion proposed budget on Tuesday.Under the proposed budget, CTA President Forrest Claypool hopes to close the agency's $277 million deficit next year and avoid fare hikes or service cuts in large part by
The Chicago Transit Authority is threatening to reduce some suburban bus service if several Cook County commissioners follow through with a plan to cut $1.3 million in county funding to the agency.The proposal filed this week could set up a showdown between County Board President Toni Preckwinkle an
Unionized Chicago Transit Authority employees could face losing their free ride passes.CTA President Forrest Claypool said on Tuesday that ending free rides is one money-saving option the agency is looking at in its upcoming union contract negotiations, which he said will help fill the agency's $277
The Chicago Transit Authority says more than 700 new rail cars are being added to the city's "L" trains as part of a plan to upgrade the transit system.The new, more energy-efficient 5000 series rail cars will have wider aisle, sideways seating and LED maps.
Companies and government agencies announced a lot fewer job cuts in Illinois last month compared with September. The latest job cuts data come from Challenger, Gray and Christmas, a Chicago company that helps employers manage the process of laying off workers.
Chicago Mayor Rahm Emanuel on Thursday defended the Chicago Transit Authority's plan to close its budget deficit largely through union contract negotiations.The CTA is proposing changes to union work rules that it says would save the agency $160 million to avoid fare increases and service cuts.
The head of the Chicago Transit Authority says no fare increases and service cuts are slated for next year under a proposed budget that would close the agency's more than $250 million deficit.CTA President Forrest Claypool proposed a $1.24 billion budget for 2012 - a five percent reduction from last