Chicago Corporate News

Chicago Press's most trusted business news source covers local businesses as well as the biggest corporations in Chicago - from restructuring and reorganization efforts to new hires and laid offs, through consumer watchdogs reports and updates to the industry for the technology and retail sectors.

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

Since more jobs require special training, employers are turning to "navigators" to assist new hires with on-the-job learning. This 'first of its kind' program was recently offered by a Chicago-based tech company in partnership with a local university.

Amazon employees evacuated the fulfillment center because of an incident that occurred on Thursday morning. This was after customers expressed their desire to stay operational. Reopening it now seems to be on the cards following a request from customers.

Chicago is currently resurfacing its streets and drivers will likely encounter lane closures on several major roads in the city. However, before you take to the streets, make sure to examine your tires' tread depth and the pressure of your air.

According to a new report that shows nearly half of the nation's top 100 airlines are losing money, according to research. Numerous factors, such as rising cost of fuel and a more competitive industry of airlines are a major reason behind these financial difficulties.

The owner of Save A Lot has revealed plans to close the majority of its Chicago area stores; its remaining stores will operate like they always do. This could come as the biggest shock for those who have become accustomed to shopping at low prices.

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

The aging population is increasingly looking to work for themselves as a source of income However, it can be a challenge. Here are some tips to help those who are just starting out.

Private equity company in the area takes over a stalled project. Reorganization of a fast-growing Chicago company's headquarters may alter the perception of this location in Chicago's Loop District.

Illinois residents should anticipate that their utility bills will rise during the summer months, but then decrease the following winter. This is because Illinois utilities are working to maintain their current rates until 2025.

Wendell Hutson covers economic development and commercial real estate for Crain's. He received three A. Philip Randolph Messenger Awards by the National Newspaper Publishers Association. Before joining Crain's Wendell Hutson worked in entertainment technology, commercial real estate for Los Angeles Business Journal, DNAinfo Chicago, Illinois Real Estate Journal, as well as Illinois Real Estate Journal.