A chain store is a menace. Or perhaps it is a blessing. The discourse on the matter changes swiftly, but one thing's for certain: the rise of shopping local is not a trend. At its core, it is an issue of community. It is about what a community needs and what a community does not realize it needs.
The mayor is promising an ordinance that would trim the types of business licenses the city requires by 60 percent. He says the measure, planned for City Council introduction on Wednesday, would cut the number from 117 to 49 and make it easier for companies to operate in the city.
One of the nation’s largest banks Friday provided details about an agreement with some nonprofit groups in Chicago-area neighborhoods devastated by foreclosures. The deal, revealed Wednesday by WBEZ, stems from the collapse of Oak Park-based banking chain FBOP Corp.