Illinois

Goodwill Cuts 136 Jobs as it Closes Milwaukee Laundry, Linen Services Site

Goodwill Cuts 136 Jobs as it Closes Milwaukee Laundry, Linen Services Site

Goodwill announced the permanent closure of its Milwaukee commercial laundry and linen services facility, which also meant the redundancy of 136 jobs there.

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Rivian

Rivian Secures $827 Million Incentive Package to Expand Its Illinois Facility

Rivian received $827 million in Illinois subsidies to support producing its upcoming SUV.

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Cannabis

Illinois Cannabis Industry Applauds DEA's Plans to Downgrade Marijuana's Narcotic Classification

Illinois cannabis company owners are applauding the federal government's expected categorization of marijuana as a medication with therapeutic advantages and decreased abuse.

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Illinois Woman, Who Mysteriously Drowned in River After Giving $1.5 Million to Online Romance Scammers, Knew She'd 'End up Dead'

Illinois Woman, Who Mysteriously Drowned After Giving $1.5 Million to Online Romance Scammers, Knew She'd 'End up Dead'

An Illinois woman who mysteriously drowned to death left a letter for her daughter to tell her that she knew she would "end up dead" after losing $1.5 million to an online romance scam.

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McDonald's First CosMc's Spinoff Restaurant to Open This Week in Illinois

McDonald's First CosMc’s Spinoff Restaurant to Open This Week in Illinois

McDonald's has unveiled its latest venture, CosMc's, a new spinoff brand that promises a unique and extraterrestrial fast-food experience.

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Illinois Company Asks Regulatory OK in FairPoint Merger

Illinois Company is asking for regulatory approval in FairPoint Merger.

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After Senator Kirk’s Statement on Duckworth, HRC Revokes Endorsement

"I forgot your parents came all the way from Thailand to serve George Washington," said Mark Kirk during a debate with Tammy Duckworth on Thursday.

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Debate on Transportation Fund Lockbox Amendments Continues

Michael Sturino, president and CEO of Illinois Road and Transportation Builders Association had proposed an amendment that asked for a huge budget. This earned criticism as some critics opposed on the huge amount involved since there are more areas of concern to be given priority.

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Study reveals the U.S. Pension System is short by $1 Trillion

The states of Illinois, Kentucky and Connecticut, according to a study by Pew Charitable Trust, have been found underfunded by at least $1 trillion.

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C&A adds bankrupt Chicago photo chain Calumet in $4M deal

Ridgefield Park, New Jersey-based camera and photography equipment manufacturer C&A Marketing Inc added the already-bankrupt Chicago, Illinois-based photo chain Calumet Photographic Inc for $4 million to rebuild the shuttered business.

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GE Financial Services funds Rockland's acquisition of Elgin Energy Center in Illinois

GE Financial Services is lending $50 million to investment company Rockland Capital LLC to be used for the latter's acquisition of power generation facility Elgin Energy Center in Illinois, US.

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Rural Broadband Investments snaps up Poplar Bluff cable system

Kansas, US-based broadband infrastructure investor Rural Broadband Investments LLC snapped up the cable system catering to Poplar Bluff, Missouri, for an undisclosed amount to provide people with better cable and internet services.

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Illinois firm Professional Service Industries adds Midwest Engineering

Illinois, US-based testing and consulting firm Professional Service Industries Inc added Midwest Engineering Services Inc for an undisclosed amount to become the biggest testing firm in Wisconsin.

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US-based cleantech firm LanzaTech lands $60M in Series D round to clean up toxic gasses

Illinois, US-based cleantech firm LanzaTech landed $60 million in a Series D funding round led by Mitsui & Co LTD to convert toxic factory gases into renewable fuel.

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Illinois-based packaging firm Arpac adds Lambert Material Handling

Illinois, US-based specialist packaging supplier Arpac added New York-based conventional palletiser manufacturer Lambert Material Handling for an undisclosed amount to increase its portfolio of packaging solutions.

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