The financial arm of General Electric is announcing plans to bring 1,000 jobs to Chicago.At a press conference with Chicago Mayor Rahm Emanuel on Monday, officials from GE Capital said the expansion will nearly double the company's presence in the city.
A proposal for Chicago to regulate exhaust from coal-fired power plants may be dying. But the bill’s sponsor, Ald. Joe Moore, 49th Ward, says it will come back to life soon.Moore’s legislation is stuck in a joint City Council committee chaired by Alds.
Each week on Venture, we trek out into the local business scene to see how wider economic trends are playing out on the micro-level. This week, we'll get unemployment rates for cities across Illinois.The state's been slowly adding jobs again, but the gains aren't spread evenly.
The latest government data suggest some states are recovering much faster than others from the recession, including a few that were hit the hardest. U.S. companies have added jobs for 12 straight months, but the gains have been uneven.The U.S.
Some community leaders on Chicago’s West Side don’t like the way Illinois Gov. Pat Quinn’s administration is doling out funds in a $31 million program to combat Chicago-area youth violence. They wonder why aldermen are involved and why the pastor of Ald.
There were 297,000 jobs added to businesses' payrolls in December, according to the widely watched ADP National Employment Report, which was released just a short time ago.And that's well above the 100,000 or so that economists had been expecting, the Associated Press says.Meanwhile, the latest Intu
A new law in Illinois prevents employers from looking up a job applicant’s credit report, except in certain cases. Increasingly, employers have been looking up people’s credit histories when they apply for a job. The new law in Illinois makes that illegal.