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Chicago Corporate News

Chicago's most trusted business news source includes local businesses as well as the largest corporations in Chicago including restructuring and reorganization efforts to hiring new employees and lay offs, to consumer watchdogs reports and updates to the industry for the technology and retail sectors.

Our annual survey indicates that an an increasing number of chief executive officers are running their businesses from home or in hotel rooms. We also look into the surprising reasons for people to leave their C-suite positions, along with the benefits.

Since more jobs require special training, employers are using "navigators" to assist new hires with on-the-job learning. A Chicago tech company recently joined with a local school in launching this first-of-its-kind program across the country.

Amazon employees evacuated the fulfillment center following an fire Thursday morning. The evacuation was prompted by customers who expressed their desire for it to be operational. It is now believed that the reopening of it is now underway following the interest of customers.

Chicago is currently resurfacing its streets which means that drivers could face lane closures on several major streets throughout downtown. Before you drive make sure you make sure you check the tread depth of your tires and the pressure.

According to a report released today almost half of America's most profitable airlines are losing money according to research. These financial problems result from a range of factors including increasing fuel costs and a more aggressive airline industry.

Save A Lot's owner Save A Lot has announced that he will close the majority of his stores located in Chicago. Its remaining stores will remain open as usual. This could come as a shock to shoppers accustomed to shopping at low prices.

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

More seniors are looking to work for themselves as a source of income however, it can be challenging. Here are some suggestions to help them get started.

Private equity firm from the neighborhood takes over a stagnant project. The reorganization of a rapidly growing Chicago company's headquarters could change the perception surrounding that space in Chicago's Loop District.

Illinois residents can expect their utility bills to increase this summer, and then decrease in the winter to come. This is due to Illinois utilities are working to keep current rates in place up to 2025.

Wendell Hutson is responsible for Crain's coverage of economic development, commercial real estate and other related subjects. He has been awarded three A. Philip Randolph Messenger Awards from the National Newspaper Publishers Association. Before joining Crain's Wendell Hutson was a reporter covering entertainment technology, commercial real estate for Los Angeles Business Journal, DNAinfo Chicago, Illinois Real Estate Journal and Illinois Real Estate Journal.

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