Traders Silenced: CME To Close Most Futures Trading PitsThe parent company of the Chicago Board of Trade and other exchanges is ending most trading involving people on the floor who establish prices by flashing hand signals and shouting at each other.
Protesters To CME Group: Give Your Tax Break BackAbout 1,500 protesters slowly marched from the Thompson Center to the Chicago Board of Trade on Wednesday, calling for the company that runs the financial exchange to give back millions in state tax breaks.
Activists Bring Golden Toilet To City Hall, Protest Grant To CMEProtesters gathered outside the Mayor’s Office with a golden toilet Wednesday, demanding that Mayor Rahm Emanuel create jobs with $33 million in taxpayer funds that had gone in part to the CME Group so the company could renovate its restrooms.
Report: Corporate Tax Breaks Often Don't Mean Good Jobs In IllinoisIllinois is better at giving away tax breaks than at drawing good jobs as a result, according to a new national report.
Senate Passes Tax Breaks For Sears, CME GroupThe state Senate has approved a package of tax breaks designed to keep retail giant Sears and Chicago's main financial exchanges from leaving the state.
Old-School Pit Traders Protest Latest Changes By CME Group The last vestige of the frenetic trading in the pits of Chicago's option exchanges could be in jeopardy under a new plan to use electronic trading to set closing prices.
Illinois House Approves Tax Breaks For Sears, CMEThe Illinois House has approved a package of tax breaks designed to keep retail giant Sears and the Chicago-based financial exchanges
State Lawmakers To Vote On Tax Breaks For CME Group, SearsThe CME Group and Sears could be closer to deciding whether they will stay in Illinois, after two key tax votes in Springfield Monday.
House Reaches Deal For Tax Breaks For Sears, CMEIllinois lawmakers will try again to pass a measure aimed at keeping two of the state’s largest companies from jumping ship.
Lawmakers To Try Again On Package To Keep Sears, CME GroupState lawmakers are going take one more try before the end of the year to pass tax relief for Illinois businesses that are threatening to leave.
Sears Disappointed In State House's Rejection Of Tax BreakSears Holdings Corp. says it is disappointed after the Illinois House of Representatives voted down legislation that would have provided tax breaks to keep the retailer, as well as the CME Group, in the state.
Illinois House Rejects Tax Breaks For CME, CBOE, SearsIllinois lawmakers went home Tuesday night after hitting an impasse over a $250 million package of tax relief designed to keep several high-profile companies from leaving the state.