Michigan City’s downtown revival gains momentum with a new 12-story tower, signaling renewed economic growth and urban development. The centerpiece project aims to attract residents and businesses, boosting the local community.
Browsing: Business
A three-way deal has saved an 1840s house in St. Charles from demolition. The collaboration between local preservationists, the city, and a private buyer secures the historic structure’s future, preserving a key piece of the town’s heritage.
Chicago’s small businesses are backing General Strike Friday with closures, donations, and supportive messages. Many see the action as vital to workers’ rights and community solidarity, boosting local voices in the broader movement.
Greg Hinz, a longtime Trump insider, offers a critical yet nuanced view of the former president’s foreign policy, highlighting contradictions and challenges that shaped his global approach.
Crain’s Chicago Business spotlights the leading voices in sustainability for 2025. These innovators and executives are shaping the future with bold eco-friendly initiatives and cutting-edge green technologies.
Chicago is emerging as a leader in the AI revolution, driven by its tech talent, robust infrastructure, and strategic investments. The city’s blend of innovation and industry positions it for major growth in the AI era.
Retail vacancy in Chicago’s Loop has declined for the second consecutive year, signaling a strengthening market. Experts attribute the drop to rising demand from both national retailers and local businesses.
Chicago is leading the U.S. in cold-storage construction, driven by soaring e-commerce and food demand. The city’s strategic location and infrastructure make it a prime hub for expanding refrigerated warehouse capacity.
The family of Nenko Gantchev, a Bulgarian Chicago business owner who died in ICE custody, is seeking a second autopsy amid concerns over the circumstances of his death, ABC7Chicago reports.
Crystal Lake is witnessing a surge in housing demand, opening new doors for builders and investors. This growth signals promising economic expansion and revitalization for the community, according to chicagobusiness.com.
The “Pope economy” is booming in Chicago as businesses and tourism surge following Pope Francis’s visit. Local shops, hotels, and services report increased revenue, highlighting the event’s strong economic impact on the city.
Chicago’s decision to eliminate the tip credit has sparked debate among business owners and workers. Critics argue it may increase labor costs and reduce job opportunities in the hospitality sector, impacting the local economy.
Chicago’s business activity has experienced a significant slowdown, marking nearly two years of decline, according to illinoispolicy.org. The downturn raises concerns over the city’s economic recovery and future growth prospects.
The Chicago Business Barometer rebounded in December, rising from November’s low. Despite the uptick, the index remains below 50, signaling ongoing contraction in regional economic activity, according to The Wall Street Journal.
Chicago’s rail system, a vital national asset, demands increased investment and care. Experts urge policymakers to prioritize its maintenance and expansion to support economic growth and regional connectivity.
ChicagoBusiness.com highlights the notable leaders shaping finance in 2025. From innovative fintech CEOs to veteran bankers, these trailblazers are driving industry growth and transforming the financial landscape.
Vice President Kamala Harris will deliver the keynote address for the Martin Luther King Jr. Day celebration in Chicago, highlighting themes of equality and justice, according to chicagobusiness.com.
Bulgarian Chicago business owner Nenko Gantchev has died in ICE custody. His family and a local congresswoman are demanding an immediate investigation into the circumstances surrounding his death, ABC7 Chicago reports.
Undergraduate students can now engage with the University of Chicago Booth School of Business through workshops, networking events, and mentorship programs designed to prepare future business leaders.
Chicago’s biotech sector trails key hubs like Boston and San Francisco, but industry leaders anticipate swift growth fueled by new investments, talent influx, and supportive policies, signaling a major shift ahead.




















