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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...
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,...
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...
Small-scale storm sewer improvements have been approved by the Arlington Heights Village Board to help alleviate flooding in eight areas. A $166,644 contract with American Underground in Glenview was pulled from the consent agenda at a recent meeting by...
Tags: Technology, Science and Technology
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: Politics, Budgets and Budgeting, Taxation
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...
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...
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...
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...
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...
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...
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...
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