Researchers at University of Illinois at Chicago will get a $950,000 grant for a three-year study to help city governments respond to recessions.The study will look at how city governments can adjust to the global economy and plan for sustainable growth.Researchers hope to help cities handle issues
On this day in 1965, Chicago got its first, full-fledged public university. The University of Illinois' Chicago Circle campus was dedicated.The university had been founded at Urbana in 1867. The first Chicago branch opened in 1946 at Navy Pier--"Harvard on the Rocks," the students called it.
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.