Chicago City Wire

Chicago City Wire

Monday, January 20, 2020

Business News

Business

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

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.

By Glenn Minnis | Jan 3, 2020

Business

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

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.

By Glenn Minnis | Dec 27, 2019

Latest News

From Prairie State Wire

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

By Glenn Minnis | 2 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.

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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.

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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.

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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.

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Business

Chicago hotel/home sharing taxes “relatively high” versus peers

By Glenn Minnis | Oct 7, 2019

The Civic Federation recently reported that Chicago’s projected revenue from the city’s hotel accommodations tax for fiscal year 2019 is expected to be in the neighborhood of $126.3 million, with another $25.9 million to be generated from a hotel operators’ tax.

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Business

Chicago Mayor Lightfoot planning set-aside deals for gay contractors

By Glenn Minnis | Oct 7, 2019

Chicago Republican Party Chairman Chris Cleveland adamantly opposes Chicago Mayor Lori Lightfoot’s stated plan to create a "set-aside" for gay city contractors.

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Business

CHICAGO AREA GAY AND LESBIAN CHAMBER OF COMMERCE: October B2B Mixer: Taco Tuesday!

By Press release submission | Oct 3, 2019

Join the LGBT Chamber of Commerce of Illinois and our members for a Taco Tuesday Mixer B2B.

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Business

AUSTIN CHAMBER OF COMMERCE: New Coffeehouse Headed to East Garfield Park

By Press release submission | Oct 3, 2019

Passion House Coffee Roasters, a Near West Side-based coffee roaster with coffee shops in Logan Square, Goose Island and the Loop, is moving its roastery to a refurbished warehouse in East Garfield Park, at 328 N. Albany Ave., and it plans to open a coffee shop in the same building.

From Prairie State Wire

Illinois’ pension debt remains worst in the nation

By Glenn Minnis | 4 months ago

Illinois’ record-setting 2017 income tax hike has done little to slow the state’s rising pension costs, leaving state taxpayers on the hook for nearly $250 billion in unfunded public pension liability.

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Business

CHICAGOLAND CHAMBER OF COMMERCE: Building Your Benefits to Drive Employee Engagement

By Press release submission | Sep 14, 2019

Are your employees engaged with their benefits?

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Business

Alderman Lopez: Minimum wage should be tied to consumer price index, not 'whims of politicians'

By Hollie Ferguson | Aug 16, 2019

CHICAGO – Last month, U.S. Rep. Rashida Tlaib (D-Mich.) proposed a $18 to $20 an hour minimum wage increase instead of $15 per hour. The Congressional Budget Office warns that a $15 increase alone could put nearly 1.3 million jobs at risk.

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Business

CHICAGO AREA GAY AND LESBIAN CHAMBER OF COMMERCE: BlueCross BlueShield of Illinois Entrepreneur Bootcamp

By Press release submission | Aug 2, 2019

Is your business still in its infancy? Do you need a refresher on best business practices and strategy? Are you looking to network and learn from other entrepreneurs?

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CHICAGO AREA GAY AND LESBIAN CHAMBER OF COMMERCE: 2019 Annual Chamber Boat Cruise

By Press release submission | Jul 18, 2019

Join the LGBT Chamber of Commerce of Illinois for our Annual Summer Boat Cruise! 2018 featured a record-breaking 175 guests, and we hope you will be there in the number as we reach for 200 guests!

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Business

CITY OF CHICAGO: Mayor Lightfoot Announces Next Steps Forward in the Creation of a New Chicago Casino

By Press release submission | Jul 18, 2019

Mayor Lori E. Lightfoot today announced the first steps toward the development of a new casino for the City of Chicago with consent on the selection of an independent consultant to perform an economic feasibility study.

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Business

AUSTIN CHAMBER OF COMMERCE: North Ave. Apartment Building Breaks Ground

By Press release submission | Jul 18, 2019

New residential development is coming to North Avenue, with a company breaking ground on a seven-unit rental building in late June along the oft-overlooked commercial corridor.

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Business

CATA director says Pritzker's auto trade-in tax cap could blindside consumers if not stopped

By Glenn Minnis | Jul 17, 2019

Mark Bilek, senior director of communications for the Chicago Automobile Trade Association (CATA), fears that the trickle-down effect from a new Illinois law that caps trade-in tax credits on most motor vehicles at $10,000 could have devastating consequences for the industry.