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Sears

Gov. Pat Quinn

Quinn OKs Tax Breaks For CME, Sears

Illinois Gov. Pat Quinn has approved legislation designed to keep key companies from leaving the state.

12/16/2011

Walter Jacobson

Walter’s Perspective: Get Ready For More Corporations Demanding Handouts

CHICAGO (CBS) – Imagine, tonight, just try to imagine the corporations in Illinois that are planning to join the Sears and the Chicago Mercantile blackmail team, thinking: “Now, it’s OUR turn. Give us a tax […]

12/15/2011

Unemployment Line

Report: Corporate Tax Breaks Often Don’t Mean Good Jobs In Illinois

Illinois is better at giving away tax breaks than at drawing good jobs as a result, according to a new national report.

CBS Chicago–12/15/2011

Chicago Board of Trade (Scott Olson/Getty Images)

Senate Passes Tax Breaks For Sears, CME Group

The 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.

12/13/2011

The headquarters of Sears Holding Corporation rises above the trees on the company's corporate campus in Hoffman Estates. (Credit: Scott Olson/Getty Images)

Illinois House Approves Tax Breaks For Sears, CME

The Illinois House has approved a package of tax breaks designed to keep retail giant Sears and the Chicago-based financial exchanges

12/12/2011

Illinois House Floor

State Lawmakers To Vote On Tax Breaks For CME Group, Sears

The CME Group and Sears could be closer to deciding whether they will stay in Illinois, after two key tax votes in Springfield Monday.

CBS Chicago–12/12/2011

Illinois House Floor

House Reaches Deal For Tax Breaks For Sears, CME

Illinois lawmakers will try again to pass a measure aimed at keeping two of the state’s largest companies from jumping ship.

CBS Chicago–12/08/2011

Illinois House Floor

Lawmakers To Try Again On Package To Keep Sears, CME Group

State 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.

CBS Chicago–12/07/2011

The headquarters of Sears Holding Corporation rises above the trees on the company's corporate campus in Hoffman Estates. (Credit: Scott Olson/Getty Images)

Quinn: No Bidding War To Keep Sears

Governor Pat Quinn says he’s confident Sears will stay in Illinois but won’t get into a bidding war to keep the retailer in the Chicago suburbs.

12/01/2011

Illinois House Floor

Sears Disappointed In State House’s Rejection Of Tax Break

Sears 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.

CBS Chicago–12/01/2011

The headquarters of Sears Holding Corporation rises above the trees on the company's corporate campus in Hoffman Estates. (Credit: Scott Olson/Getty Images)

Lawmakers Consider Tax Breaks For Sears, CME

Illinois lawmakers return to Springfield today to finish the fall veto session.

11/28/2011

Illinois State Capitol

Tax Breaks For CME Group, Sears To Be Discussed After Thanksgiving

SPRINGFIELD, Ill. (CBS) — Tax breaks for a few big businesses could get a vote in the Illinois General Assembly after Thanksgiving. As WBBM Newsradio’s Dave Dahl reports, lawmakers will return on Nov. 29, after […]

CBS Chicago–11/17/2011

Illinois House Floor

State Lawmakers Still Must Deal With Tax Breaks, Facility Closures

Unfinished business is bringing Illinois lawmakers back to Springfield after Thanksgiving.

CBS Chicago–11/16/2011

Gov. Pat Quinn (Credit: CBS)

Quinn Hopes For Tax Breaks For Financial Exchanges, Sears

The Illinois General Assembly begins the second round of its fall veto session Tuesday, and Gov. Pat Quinn is hoping tax relief is among the things on the agenda.

CBS Chicago–11/08/2011

The headquarters of Sears Holding Corporation rises above the trees on the company's corporate campus in Hoffman Estates. (Credit: Scott Olson/Getty Images)

School District 300 Head Offers Alternative To Keep Sears In Illinois

A northwest suburban school superintendent is trying to keep Sears headquarters in his district with a more evenhanded approach than hundreds of protestors who don’t care if Sears stays or goes.

CBS Chicago–10/25/2011

Illinois State Capitol

Students To Rally At Capitol To Oppose Tax Break For Sears

Staff, parents and students from School District 300 in the northwestern suburbs were headed to Springfield on Monday to tell lawmakers they oppose extending existing tax incentives to keep Sears headquarters in Hoffman Estates.

CBS Chicago–10/24/2011

Sears Sign (Photo by Justin Sullivan/Getty Images)

Protesters: Give Tax Revenues To Schools, Not Sears

A protest rally in northwest suburban Algonquin drew some 3,000 people, who said continued tax breaks for Sears would be lost revenue for schools in the area.

CBS Chicago–10/14/2011

Sears Sign (Photo by Justin Sullivan/Getty Images)

Sears In Serious Discussions About Moving Out Of Illinois

Sears is showing its strongest signs yet that it is likely to move its headquarters out of Illinois.

CBS Chicago–10/06/2011

Sears Sign (Photo by Justin Sullivan/Getty Images)

State Working Hard To Keep Sears In Illinois

Sears and Chicago have gone hand-in-hand longer than anyone living today has been alive, and now, the State of Illinois is working hard to keep Sears from moving out of state.

CBS Chicago–08/31/2011

Sears Sign (Photo by Justin Sullivan/Getty Images)

Sears Explores Move, But Experts Have Their Doubts

While Sears Holding Corp. is considering leaving its suburban Chicago headquarters and taking more than 6,000 jobs out of Illinois, the costs – in money, lost employees and disruption – make moving an expensive proposition, one that some experts say they doubt the struggling retailer will undertake.

08/06/2011

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