Chicago Corporate News

Chicago's top business news source covers local businesses as well as the biggest corporations in Chicago - from Reorganization and restructuring initiatives to hiring new employees and lay offs, to consumer watchdogs reports and industry updates for the technology and retail sectors.

Our annual survey indicates that an more chief executive officers are leading their companies from home or in hotel rooms. We also explore the unexpected reasons for people to leave their executive positions in the C-suite, along with some of its benefits.

Employers are increasingly relying on "navigators" who assist new employees in learning on the job. This "first of its kind' program was recently offered by a Chicago-based tech company in partnership with a local university.

Amazon fulfillment center employees were evacuated due to the fire that broke out early on Thursday morning. This was followed by some further discussion with customers who wanted the facility to opened. Reopening it now seems to be on the cards after customers expressed an interest.

Chicago is currently resurfacing streets, meaning drivers may encounter the closure of laneways on several major roads in downtown. However, before you take to the streets, make sure to inspect your tires' tread depth and the pressure of your air.

According to a new report almost half of America's top 100 airlines are losing money, as per research. Numerous factors, such as rising prices for fuel as well as an ever competitive airline industry can contribute to the financial challenges.

Save A Lot's owner has revealed plans to close the majority of its Chicago store locations; the remaining stores will operate in the same way. This could be a surprise for customers who have grown accustomed to the cheap costs.

Tupperware Brands, the company which pioneered the concept of food storage for decades ago has filed for Chapter 11 bankruptcy protection following an action brought by a whistleblower.

More seniors are looking to work for themselves as a source of income, but it's not easy. Here are a few suggestions to help people get started.

Private equity firm in the area takes over a stalled project. The reorganization of a rapidly growing Chicago company's headquarters may alter the perception of this space in Chicago's Loop District.

Illinois residents should expect their utility bills to rise during the summer months, but then decrease the following winter. This is due to the fact that Illinois utilities are trying to maintain current rates until 2025.

Wendell Hutson covers economic development and commercial real estate for Crain's. He has been awarded three A. Philip Randolph Messenger Awards by the National Newspaper Publishers Association. Prior to joining Crain's, Wendell Hutson was a reporter covering entertainment, technology and commercial real estate for Los Angeles Business Journal, DNAinfo Chicago, Illinois Real Estate Journal, as well as Illinois Real Estate Journal.