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.
The Illinois House has approved a package of tax breaks designed to keep retail giant Sears and the Chicago-based financial exchanges
The CME Group and Sears could be closer to deciding whether they will stay in Illinois, after two key tax votes in Springfield Monday.
Illinois lawmakers will try again to pass a measure aimed at keeping two of the state’s largest companies from jumping ship.
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.
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.
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.
Illinois lawmakers return to Springfield today to finish the fall veto session.
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 […]
Unfinished business is bringing Illinois lawmakers back to Springfield after Thanksgiving.
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.
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.
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.
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.
Sears is showing its strongest signs yet that it is likely to move its headquarters out of 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.
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.
Police are looking for a woman who forced her way into another woman’s car at a north suburban Sears parking lot last weekend, then robbed the victim after punching and biting her.
Sears is thinking of moving its corporate headquarters out of Illinois to Washington, D.C., according to a published report.
Walter Jacobson says Sears is bullying Gov. Pat Quinn into giving it tax breaks, by threatening to leave the state. And Quinn is playing right along.