Latest News

Ghana-to-Chicago cocoa pipeline feeds American sweet tooths

Most chocolate lovers don’t realize chocolate production starts thousands of miles away in places like Ghana, the second-largest cocoa bean cultivator in the world.

Illinois American Water names winners of Imagine a Day Without Water art contest for kids

Illinois American Water has selected the winners of its "Imagine a Day Without Water" art contest for third-, fourth- and fifth-graders in the company's service area.

Real estate forecast for Chicagoland home prices, sales worst out of 100 metro areas

House prices and sales in the Chicago metropolitan area are forecast to be the lowest of all major U.S. cities and their suburbs in 2017.

ComEd, Exelon Generation and governor reach agreement on Future Energy Jobs Bill

Exelon Generation and ComEd have reached an agreement with Gov. Bruce Rauner on an amendment to the Future Energy Jobs Bill, which has been updated with customer protections.

Wintrust completes acquisition of First Community Financial Corp.

Wintrust Financial Corp. has completed the acquisition of First Community Financial Corp. (FCFC), the parent company of First Community Bank, which has two locations in Elgin.

University of Chicago commits $25 million to help affiliated startups

The University of Chicago has committed to investing $25 million from its endowment to fund over 10 years into startups launched by faculty, staff, students or alumni.

Alma Dance School wins Pro Bono Project of the Year Award

Alma Dance School has been honored with the Harry Preucil Pro Bono Project of the Year Award from Turnaround Management Association.

Cybersecurity workers are in high demand in Illinois

There's a huge need for cybersecurity workers in Illinois -- so much so that employers posted more than 15,000 job openings for such positions last year, according to CyberSeek.

Abbott files complaint to end merger with Alere

Abbott has filed a complaint to terminate its proposed acquisition of Alere due to Alere's significant loss in value since the January merger agreement.

FHLBC awards $23.5 million through affordable housing program

The Federal Home Loan Bank of Chicago has granted more than $23.5 million to help finance 39 projects through its competitive Affordable Housing Program.

Advocates call for easing state regulations against selling homemade foods

Any bureaucratic regulations that throw up barriers to home-cooking entrepreneurs are generally opposed by free-market advocates in Illinois.But there are no major issues brewing in the state on the home-baking front, according to the local chapter of Americans For Prosperity (AFP).

Match Marketing Group acquires Trisect

Match Marketing Group has acquired Chicago-based creative agency Trisect.

Pace adds bus routes, new buses in I-90 market expansion program

Pace is launching Phase 2 of the Interstate 90 Market Expansion Program with six new bus routes, two new buses and improvements to existing bus routes.

Arthur J. Gallagher's Triche named to insurance agency council board

Numa "Bumpy" Triche, regional executive vice president of Arthur J. Gallagher & Co., has been elected to the board of directors for The Council of Insurance Agents and Brokers.

Arthur J. Gallagher & Co. acquires Phoenix-based consulting firm

Arthur J. Gallagher & Co. has acquired The MW Bagnall Co. based in Phoenix.

CBRE Group sells three hotels in Chicago area

CBRE Hotels recently sold three Chicago-area hotels to separate buyers, who remain undisclosed.

Retail real estate giant GGP promotes Khan to president

GGP has promoted Shobi Khan to president and chief operating officer of the company.

Heuberger joins Deere & Co. board of directors

Deere & Co. has elected Alan C. Heuberger to its board of directors.

Moore named portfolio director for Equity Office

Equity Office, owned by Blackstone’s real estate funds, has appointed David Moore as a senior vice president and portfolio director in charge of the Chicago market.

EDF's Kelly Creek Wind Project now operational

EDF Renewable Energy's 184-megawatt Kelly Creek Wind Project is now active and operational.

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