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A collection of news and information related to Illinois Department of Commerce and Economic Opportunity published by this site and its partners.
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New music park ready for opening season
RiverEdge Park Music Garden has yet to host an event, but Aurora's $13 million outdoor entertainment venue might have all the makings of a hit. An inaugural summer season features a mix of big names, regional entertainers and community events and debuts...
Tags: Music, Aurora, Robin Williams, Bruce Springsteen, Buddy Guy
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Illinois considers extending tax break to small businesses
Legislators are considering a bill that would expand the scope of the state's main economic development program to small businesses. House Bill 1336 calls for eliminating a requirement that companies make a capital investment in the state of at least $1...
Tags: Government, Business, Motorola Mobility, Inc., Jack D Franks, JPMorgan Chase & Co.
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Art Van Furniture to open stores in Chicago region
Art Van Furniture, a 53-year-old Michigan-based furniture chain, plans to break into the Chicago market this year bringing five new stores, a distribution center and 600 new jobs. The retailer, which has a total of 76 furniture and mattress stores,...
Tags: Services and Shopping, Ford City, Illinois Governor, Vehicles, Pat Quinn
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State turns off UNO money spigot after charter school scandal
State officials have temporarily halted funding to the United Neighborhood Organization, contending the large charter school operator violated terms of a $98 million grant by hiring contractors who are related to one of the group's top executives. The...
Tags: Richard M. Daley, Government, Edward M. Burke, Regional Authority, House Building
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Woodridge budget gets OK
Woodridge trustees have signed off on a new $47.1 million budget that includes no property tax increase for residents. Of the total expenditures, $26.2 million is budgeted for operating costs, representing a 6 percent increase attributed to a spike in...
Tags: Budgets and Budgeting, Taxation, Politics
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District 95 says energy changes could save up to $240K a year
In a move that Lake Zurich Community Unit School District 95 officials say could save the district up to $240,000 a year in energy bills at the high school, the district plans to upgrade its facilities to make them more efficient. The district partnered...
Tags: Urbana (Champaign, Illinois), University of Illinois at Urbana-Champaign
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Naperville officials push for economic development
Illinois' image problem and pension-funding crisis are the main obstacles holding it back from strong economic development, Naperville area business leaders told state officials. Suburban business officials sent the message to an Illinois Senate...
Tags: Lisle, Business Enterprises, Political Corruption, Business, Naperville
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Homer Glen to receive grant to help combat emerald ash borer
Homer Glen has been notified that it will receive a competitive grant to help combat the emerald ash borer. "We received word today that the village will be receiving a 2013 grant," Mayor Jim Daley announced at a recent Village Board meeting. The...
Tags: Local Government, Christianity, Inventories, Christian Orthodoxy, Science and Technology
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Judge halts O'Hare convention center project
A project to build a convention center near O'Hare International Airport has been temporarily stopped by a federal judge after a government lawsuit accused the developer of trying to bilk Chinese investors out of millions of dollars. Anshoo Sethi's...
Tags: Government, O'Hare International Airport, Judges, Brooklyn Nets, Hotel and Accommodation Industry
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NU students lead charge for university to divest from coal
For RedEyeNorthwestern University's Associated Student Government passed a resolution at the end of January urging the school's administration to divest from the coal industry. Since passing the resolution, the student government and Northwestern's Responsible...Tags: Government, University of Chicago, Teaching and Learning, Mining, Metal and Mineral
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Illinois corporate tax credits swelled to $161 million in 2011
When lawmakers raised taxes on Illinois residents and businesses, they also increased corporate income tax breaks for a select group of companies. In 2011, businesses were eligible to claim about $161 million in tax credits — double from the...Tags: Employment, Motorola Mobility, Inc., Jack D Franks, Crime, Law and Justice, Sears Holdings Corp.
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Lake County Housing Authority gets $300K grant
The Lake County Housing Authority recently learned it will receive almost $300,000 to upgrade several subsidized public housing properties. The grant was given by the Illinois Public Housing Authority's energy program at the University of Illinois and...
Tags: Public Housing, Interior Policy, Social Issues, Housing and Urban Planning, Johnson Controls Incorporated
May 21, 2013
|Story| Chicago Tribune
May 10, 2013
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Apr 26, 2013
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Apr 26, 2013
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Apr 22, 2013
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Apr 16, 2013
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Apr 8, 2013
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Mar 17, 2013
|Story| Chicago Tribune
Feb 14, 2013
|Story| Chicago Tribune
Feb 21, 2013
|Story| RedEye
Feb 17, 2013
|Story| Chicago Tribune
Feb 6, 2013
|Story| Chicago Tribune
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