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Quick Hit

by Josh Kalven

3:48pm

Wed Feb 3, 2010

"Hartmarx Hero"

That's how the Wall Street Journal describes Democratic U.S. Senate candidate Alexi Giannoulias in a headline today. To learn more about last year's Hartmarx saga -- and Giannoulias' role in it -- check out our full recap.

News

9:04am

Tue Feb 2, 2010

Chicago Teachers File Suit Over Pension Fund Losses

The Chicago Teachers' Pension Fund files suit against Northern Trust Co., alleging that the company improperly placed their investments in risky, long-term securities that resulted in huge losses.

Sources

Sun-Times

PI Original

by Angela Caputo

12:49pm

Mon Feb 1, 2010

1 comment

The Latest In TIF Reform: Burke's Living Wage Measure

TIF

While Wal-Mart has long been criticized for paying low-wages, the mega-retailer's insistence on expanding its reach in the Chicago market could end up lifting the floor on wages in those large swathes of the city made up of tax increment financing (TIF) districts.

Quick Hit

by Josh Kalven

12:31pm

Wed Jan 27, 2010

Schakowsky Ends "Abusive Relationship" With Bank Of America

The Illinois congressional delegation was all over MSNBC yesterday. Rep. Jan Schakowsky showed up on the Dylan Ratigan Show to discuss her decision to move her personal accounts from Bank of America to a community bank on Chicago's North Side. You can check out her full appearance here. Also, Rep. Phil Hare talked to Ed Schultz about his job creation bill. Watch it.

News

9:16am

Wed Jan 27, 2010

8 comments

CTA Union: Strike May Be Imminent

The Chicago Transit Authority is still planning to make more than 1,000 layoffs and major service cuts on February 7. If they do, the CTA's biggest union says a strike is a real possibility.

Sources

WBEZ

News

6:33pm

Tue Jan 26, 2010

11 comments

AFSCME Cuts Deal On Layoffs, Pay Cuts

According to an internal memo obtained by Capitol Fax, AFSCME Council 31 has reached an agreement with the Quinn administration on layoffs, wages and facility closures.

Sources

Capitol Fax

News

9:06am

Tue Jan 26, 2010

8 comments

Ford To Hire 1,200 For Chicago Plant

Gov. Pat Quinn will be on hand today as Ford Motor Co. executives announce plans to add 1,200 jobs at its Far South Side plant later this year. The company is ramping up manufacturing of Explorer sport-utility vehicles.

Sources

Crain's

News

2:55pm

Fri Jan 22, 2010

State Unemployment Rate Jumps Over 11 Percent

The unemployment rate in Illinois is back over 11 percent. New data released today by the Illinois Department of Employment Security shows that non-farm payroll fell for the 23rd straight month and the jobless rate jumped to 11.1 percent, the highest it's been since 1983.

Sources

Northwest Herald

News

1:45pm

Fri Jan 22, 2010

SEIU Illinois Endorses Preckwinkle

On the heels of the new Tribune poll showing her with a significant lead in the Democratic primary for Cook County board president, Toni Preckwinkle received the endorsement of the SEIU Illinois State Council (which sponsors this website).

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