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Chicago Corporate News

Chicago's most trusted business news site provides local business news as well as the largest corporations in Chicago - from Reorganization and restructuring initiatives to new hires and lay offs, to consumer watchdogs reports and updates on industry trends for the retail and technology industries.

Our annual survey shows that more chief executive officers are running their businesses from their homes or in hotel rooms. We also explore the unexpected reasons that people quit their executive positions in the C-suite, along with some of its benefits.

Businesses are increasingly relying on "navigators" who assist new employees in learning on their job. A Chicago tech company recently joined with a local university in launching this first-of-its-kind program across the country.

Amazon employees evacuated the fulfillment center due to the fire that broke out on early on Thursday morning. This was after customers expressed their desire to be operational. It now appears that it will be reopened. has resumed following customer interest.

Chicago is currently resurfacing streets which means that drivers could face road closures on a variety of major roads in the city. Before you hit the road be sure to check your tire tread depth and the pressure.

According to a recent report almost half of America's most profitable airlines are losing money as per research. The financial challenges are caused by a variety of factors including increasing fuel costs and a more competitive airline industry.

Save A Lot's owner Save A Lot has announced that he is planning to sell the majority of his stores in Chicago. The remaining stores will continue operating in the same way. This may come as a shock to shoppers accustomed to shopping there at low 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.

The aging population is increasingly turning to self-employment for income however, it's not easy. Here are some tips to help people get started.

Private equity firm in the locality takes over stalled project. The reorganization of a rapidly growing Chicago headquarters of a company could alter the perception of that location in Chicago's Loop District.

Illinois residents can expect their utility bills to increase in the summer and decrease next winter. This is due to Illinois utilities are trying to maintain their current rates until 2025.

Wendell Hutson covers economic development and press release guide (www.diigo.com) commercial real estate for Crain's. He was awarded three A. Philip Randolph Messenger Awards from the National Newspaper Publishers Association; Prior to joining Crain's Wendell covered entertainment, technology commercial real estate, and entertainment for Los Angeles Business Journal as in addition to DNAinfo Chicago and Illinois Real Estate Journal.