Chicago City Wire

Chicago City Wire

Wednesday, April 8, 2020

Business News

Business

Art Institute of Chicago anticipates $9 million revenue loss, hopes to reopen in 12 weeks

The Art Institute of Chicago (AIC) is expected to remain closed for at least 12 more weeks and is projecting approximately $9 million in lost revenue due to the COVID-19 stay-at-home orders, according to an email sent to museum staff and volunteers from the leadership team.

By April Bamburg | Apr 7, 2020

Business

Kin, fellow startups lead Chicago tech industry's rapid growth

Chicago’s tech industry continued its rapid growth in 2019 and was on target to add more than 2,000 jobs this year, Mayor Lori Lightfoot said.

By Bob Pepalis | Apr 2, 2020

Latest News

From Prairie State Wire

175 Illinois nursing homes rated ‘much below average’ in federal database

By LGIS News Service | 7 days ago

The number of Illinois nursing homes ranked “much below average” now numbers 175, according to a database managed by the Centers for Medicare and Medicaid Services (CMS).

Medium bayless1

Business

Chef Rick Bayless calls on Gov. Pritzker to help restaurant industry

By April Bamburg | Mar 26, 2020

Chef Rick Bayless wrote an open letter via Twitter to Gov. J.B. Pritzker expressing concerns about the effect of Illinois business shutdowns on the Chicago restaurant industry and around the state.

Medium business

Business

CHICAGO AREA GAY AND LESBIAN CHAMBER OF COMMERCE: Seeking Input From Businesses That Are Affected by COVID-19

By Press release submission | Mar 23, 2020

The Illinois Department of Commerce and Economic Opportunity is seeking input from businesses that are affected by COVID-19.

From Prairie State Wire

In light of COVID-19 pandemic, Illinois Business Alliance calls on Gov. Pritzker and General Assembly to take graduated income tax proposal off the ballot

20 days ago

Chicago, IL (March 19, 2020) – The Illinois Business Alliance is calling on Gov. J.B. Pritzker and the Illinois General Assembly to remove the graduated income tax amendment from the 2020 General Election ballot.

From Prairie State Wire

Restaurateurs plead with Gov. Pritzker for help after shutdown order

By W.J. Kennedy | 22 days ago

Chicago Chef Erick Williams, and other members of a coalition of city restaurants, are urging Gov. J.B. Pritzker to immediately release unemployment funds and enact additional emergency measures to help their employees withstand the economic shock of his directive to close all the state’s restaurants and bars until March 30.

Medium grant

Business

AUSTIN CHAMBER OF COMMERCE: Local Business Vying To Win Grant To Build Grocery Store

By Press release submission | Mar 12, 2020

Chicago Avenue has long been a backbone for business and foot traffic in Austin.

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Business

Restaurateur Nick Kokonas urges Chicago mayor to reduce restaurant tax

By April Bamburg | Mar 12, 2020

Nick Kokonas, co-owner of Alinea, Next, and The Aviary, Inc., among others, called on Chicago Mayor Lori Lightfoot to reduce the increase of the city’s restaurant tax, which went into effect with the new budget year.

Medium businessinternet

Business

CHICAGO AREA GAY AND LESBIAN CHAMBER OF COMMERCE: Young Professionals Mixer March 4

By Press release submission | Mar 6, 2020

Join the LGBT Chamber of Commerce of Illinois as we host our first Young Professionals Mixer of 2020

From Prairie State Wire

Illinois named the least tax-friendly state by MSN

By April Bamburg | 2 months ago

Ahead of Gov. J.B. Pritzker’s budget address where he is excepted to outline the budget for the 2021 fiscal year and his funding priorities, the State of Illinois has been named one of the "Least Tax-Friendly" states to live in, by MSN.com.

From Prairie State Wire

Nothing 'fair' about Pritzker's tax plan for pass-through businesses, IBA president says

By Tom Lawrence | 2 months ago

Illinois Gov. J.B. Pritzker calls it a "fair tax," but critics say it is far from fair and that it would be a mistake to support it when it appears as a referendum question on ballots in November.

Medium lightfoot

Business

Chicago's ride-share surcharges jump to highest in U.S.

By Glenn Minnis | Jan 3, 2020

The city of Chicago is now home to the highest ride-share surcharges in the U.S. after peak time rides in the Central Business District more than tripled at the start of the New Year.

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Business

Desperate measures for desperate times – Chicago's big bond sell-off

By Glenn Minnis | Dec 27, 2019

Chicago officials are moving to sell off billions of dollars in bonds, which, according to Wirepoints President Ted Dabrowski, is an appropriately desperate move designed to buy the city some time to come up with a more sustainable solution to its economic crisis.

From Prairie State Wire

GOP-driven Manufacturer’s Purchase Credit to save $40 million in operations

By Glenn Minnis | 5 months ago

Illinois House Republicans are intent on keeping the manufacturing industry positioned as one of the state’s largest economic drivers.

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Business

CHICAGO AREA GAY AND LESBIAN CHAMBER OF COMMERCE: November 12 B2B Networking

By Press release submission | Oct 27, 2019

Join the LGBT Chamber of Commerce of Illinois and our members for the November Breakfast B2B at U.S. Bank.

Medium cybersecurity

Business

CHICAGOLAND CHAMBER OF COMMERCE: Tech for Execs: Are you Prepared?

By Press release submission | Oct 10, 2019

Our experts will take attendees through an interactive, simulated cyber event to better understand what to do immediately following a breach as well as strategies to mitigate the long-term fall out and maintain your organizational credibility.

Medium lightfoot

Business

Chicago's 39th Ward candidate raises questions about mayor's plan for set-asides for gay contractors

By Glenn Minnis | Oct 7, 2019

Candidate for Chicago's 39th Ward committeemen Barry Bebart is warning Mayor Lori Lightfoot that the 'set-asides' she wants to implement for gay city contractors may have the opposite effect of what she claims to be seeking.

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Business

Cook County GOP commissioner speaks out against set-aside contracts

By Glenn Minnis | Oct 7, 2019

Cook County Republican Board Commissioner Sean Morrison has a simple but stern philosophy when it comes to the way Chicago business is conducted.

Medium lightfoot

Business

Political strategist sees flaws in Chicago mayor's plan for set-aside contracts

By Glenn Minnis | Oct 7, 2019

Republican political strategist Chris Robling points to Chicago Mayor Lori Lightfoot’s plan of creating 'set-asides' for city contractors who identify as gay as an example of good intentions gone awry.