Chicago's mayor on Wednesday rejected an alternative proposal by Uber Technologies Inc to tax ride-hailing services, accusing the company of trying to resist any type of regulation by stirring up racial tensions.
CHICAGO/NEW YORK Chicago's mayor on Wednesday rejected an alternative proposal by Uber Technologies Inc and Lyft Inc to tax ride-hailing services, accusing Uber of trying to resist any type of regulation by stirring up racial tensions.
CHICAGO, Oct 23 An $838 million funding hole in
Chicago's upcoming budget would be filled with a combination of
cost-saving and revenue-raising measures, not a big property tax
hike for now, Mayor Lori Lightfoot told the city council on
CHICAGO Chicago would refund $1.3 billion of outstanding debt to produce a one-time, $200 million savings to help plug a big hole in its upcoming budget, city officials said on Monday
CHICAGO Wisconsin's Racine County next week will lock in $110 million, 20-year financing for a major development by Taiwan's Foxconn Technology Group that has undergone changes in scope since it was announced in 2017, the county and a bank underwriting the bonds said.
CHICAGO Chicago teachers went on strike on Thursday and set up picket lines outside many of the city's 500 public schools, as union leaders and officials of the third-largest U.S. school district pushed ahead with negotiations over a new contract. | Video
CHICAGO The Chicago Teachers Union (CTU) finalized its decision on Wednesday to go on strike against the city's school district, the third-largest in the United States, after protracted labor negotiations did not produce a deal before their deadline. | Video
CHICAGO The U.S. Federal Reserve could cut interest rates again as it would provide a little bit more insurance for the U.S. economy against potential headwinds and boost inflation, Chicago Fed President Charles Evans said on Tuesday.
CHICAGO An Illinois judge on Thursday ruled that a petition by taxpayers aiming to challenge the constitutionality of $16 billion of the state's general obligation bonds was political in nature and cannot proceed in court.
CHICAGO, Aug 29 Illinois ended fiscal 2018 with
a $7.8 billion general fund budget deficit, an improvement of
nearly 50% from the state's record $14.6 billion gap in fiscal
2017, according to a tardy annual financial report released on
Thursday by the Illinois Auditor General.