WBEZ 91.5 Chicago

Sears Holdings Corp. and Chicago’s financial exchanges have quit threatening to pull up stakes now that Illinois has enacted tax breaks for them. But it remains unclear whether state incentives to big companies are wise uses of economic-development resources.

Looking over the election results from last night, all I can think is: It’s a good day in America.

"At a certain point, you can’t tell if you’ve created the momentum, or the momentum has created you" 

Illinois' two U.S. senators see the growing Occupy Wall Street movement in very different ways. Republican U.S. Sen. Mark Kirk criticized the Occupy Wall Street movement, including the Chicago branch.He said it seems like a political and pharmacological event."

Chicago Transit Authority President Forrest Claypool announced a $277 million dollar deficit heading into 2012 on Tuesday.

Union leaders say they have found ways to save Chicago about $242 million that will also save the jobs of as many as 625 workers who Mayor Rahm Emanuel plans to lay off.On Tuesday, union leaders said they'd delivered a report to Emanuel's office that takes aim at a bloated middle mana

A coalition of union leaders is expected to meet with officials from the City of Chicago on Monday. The meeting comes after last week’s announcement by Mayor Emanuel that some 625 unionized employees may lose their jobs.