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Chicago Corporate News

Chicago's most trusted business news source provides local business news as well as the biggest corporations in Chicago including Reorganization and restructuring initiatives to hiring new employees and lay offs, to consumer watchdog reports and updates on industry trends for the retail and technology industries.

Our annual survey shows that the majority of chief executive officers are running their businesses from their homes or hotel rooms. We also explore the unexpected reasons that people quit their C-suite positions, and also some of the advantages.

Businesses are increasingly relying on "navigators" who are able to help new employees learn on the job. This "first of its kind program was launched by a Chicago-based tech firm in collaboration with a local university.

Amazon employees evacuated the fulfillment center following an fire early on Thursday morning. This happened after customers have expressed their desire to remain open. The facility's reopening seems to be on the cards after customers expressed interest.

Chicago is currently working on resurfacing its streets. That means motorists may encounter lane closures the city's downtown. Before you travel be sure to make sure you check the tread depth of your tires and pressure.

According to a recent report that shows nearly half of the nation's most profitable airlines are losing money as per research. These financial problems result from a range of reasons, including rising fuel costs and a more competitive airline industry.

The owner of Save A Lot has announced that he plans to sell the majority of his stores in Chicago. Its remaining stores will remain open as usual. It could be a shock for customers who have grown accustomed to the low prices.

Tupperware Brands has filed for Chapter 11 bankruptcy after a whistleblower lawsuit.

The aging population is increasingly turning to self-employment for income, but it can be a challenge. Here are a few tips to help people get started.

Local private equity company takes on long-stalled project. Reorganization of the fast-growing Chicago headquarters of a company could alter the perception of this space in Chicago's Loop District.

Illinois residents can expect that their utility bills will rise in the summer and reduce next winter. This is due to Illinois utilities are working to keep current rates in place until 2025.

Wendell Hutson covers economic development and commercial real estate for Crain's. He was honored with three A. Philip Randolph Messenger Awards from the National Newspaper Publishers Association; before joining Crain's, Wendell covered technology, entertainment, commercial real estate for Los Angeles Business Journal as along with DNAinfo Chicago and Illinois Real Estate Journal.