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Wednesday, April 16, 2025

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Business

Illinois Chamber Unveils Business-Led Push for Mass Transit Reform Amid Funding Crisis

“Our state’s economy relies on a reliable, safe, modern and efficient transit system that provides access to jobs, services, and opportunities,” Sandoval said. #transit

Global Business Icon Daymond John Set to Headline ACHIEVE Summit 2025 as Keynote Speaker

The ACHIEVE Summit is a landmark event aimed at driving millions of dollars in regional economic growth and fostering hundreds of business and real estate transactions. #business

Record Number of Property Tax Appeals Filed for 2024 Tax Year

The unprecedented volume of 273,907 property tax appeals filed with CCBOR for tax year 2024 has presented the biggest challenge in the agency’s history—a challenge it continues to meet, as more than half the appeals have already been finalized. #tax

Pekin Secures International Medical Supply Manufacturer, Epic Medical, for New Facility at Riverway Business Park

City Attorney James Vasselli shared that the legal complexities of working with an international company posed challenges, but the City successfully navigated them. #pekin

Chicago partners set to break ground on The Ave., affordable housing and retail in Humboldt Park

In addition to POAH and KMW, the development includes Neighborhood Housing Services (NHS) of Chicago, a long-standing Community Development Financing Institution focused on affordable homeownership. #housing

Labor Alliance for Public Transportation Reacts to RTA Report

The labor group is calling for immediate action, urging transit officials and lawmakers to implement reforms and establish...

Gambling insider says Illinois’ internet gambling legislation likely doomed

This marks the third consecutive year that legislation has been proposed, with the latest version including a tax rate of 25% on adjusted iGaming revenue. Supporters of the iGaming bill claim Illinois could collect an additional $1 billion annually in taxes. #gambling

EPA union slams Trump administration destruction of Environmental Justice office, funding

“Environmental justice simply means ensuring the communities most disproportionately impacted by pollution are protected. #epa

Cook County Clerk Monica Gordon Marks 100 Days in Office with New Initiatives Focused on Diversity, Equity, and Inclusion

These measures come as the office experiences a significant rise in public demand for Vital Records, especially birth certificates and marriage licenses, amidst growing national uncertainty about legal and civil rights protections.

SBA Should Not Abandon its Chicago Office

Closing the Chicago office of the SBA would likely make it more difficult for Chicago’s robust entrepreneurial community to access valuable resources. #business

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