March 6, 2014
On Tuesday, March 4, the Chicagoland Chamber of Commerce held a private, gourmet dinner for Board Directors and their significant others at L2O Restaurant. The recipient of two Michelin Stars in 2013, L2O is a modern seafood restaurant offering the most exquisite fish and shellfish from around the world.
March 4, 2014
In a letter sent Tuesday, March 4 to the Chicago City Council Committee on Budget and Government Operations, the Chicagoland Chamber of Commerce stated its position on the call for Congress to raise the minimum wage.
The Chamber opposes legislative efforts to raise Illinois' minimum wage in the Illinois General Assembly at a time when the regional economy is still recovering from the recent economic recession. Raising the minimum wage would put Illinois companies at a competitive disadvantage with neighboring states, potentially forcing them to reduce hiring or eliminate jobs.
March 3, 2014
A Site Selection Magazine analysis found that the Chicago area is the number one market in the country for corporations either expanding their offices or opening new ones. The same report ranked Illinois as the third state nationally.
Governor Quinn and Adam Pollet, director of the state’s Department of Commerce and Economic Opportunity, both see positive things to come for the region and the state.
March 3, 2014
Venture capital funding has become a key component to Chicago’s economy as the city’s entrepreneurial and tech scenes have continued to thrive in recent years. The most recent installment of the Illinois Innovation Index, released last week, examines how Chicago compares with other leading U.S. metropolitan regions on venture funding in terms of total investment, concentration of funding by industry, and funding sources.
The Index found that Chicago’s venture funding performance is improving, up 122 percent from 2009 in terms of funding rounds. Despite is improvement, Chicago is still trailing several major metro areas in venture capital raised.
February 28, 2014
The Chicagoland Chamber of Commerce testified at a joint hearing of the Illinois House Revenue & Finance and State Government Administration Committees on Thursday, February 27th on Illinois business tax incentive policies.
Jim Kane, principal owner of Kane & Co. and Chairman of the Chamber’s Taxation Forum, shared his thoughts on the strengths and weaknesses of Illinois’ tax structure, what can be done to improve it, and how we can attract more business to Illinois.
February 27, 2014
It may come as a surprise to some, but a few of Chicago’s premier architecture firms may have a significant influence over the future of China’s cityscapes.
The Chicago Tribune is currently running a three-part interactive series on its website and in the business section of the newspaper entitled “The Global City: Designed in Chicago, Made in China” that is examining urbanization in China and the role Chicago architects - including Chamber members VOA and Skidmore, Owings & Merrill – have on the process. China is urbanizing at a rapid pace, marked by new skyscrapers, high-rise housing, new hotels and museums, many of which were conceived in Chicago.
February 27, 2014
On Wednesday, February 25, DLA Piper hosted Jamie Rhee, Chief Procurement Officer, City of Chicago; Shannon Andrews, Chief Procurement Officer, Cook County; and Simone McNeal, Director, Central Management System, State of Illinois to discuss strategic sourcing opportunities for small and medium size businesses, with a special emphasis on sourcing minority and woman owned businesses.
February 19, 2014
Megan Schildgen, U.S. Commercial Service Trade Officer, and Jan Blaho, Director of Supply Chain Finance, Export Import Bank of the U.S., joined the Chamber on Wednesday, February 19 to lead a group of Chamber members and international business professionals in a roundtable discussion on export services of U.S. Commercial Service.
February 19, 2014
In an announcement with Mayor Emanuel, the Federal Savings Bank says it will be moving its headquarters from Kansas to Chicago, bringing with it 100 new jobs.
The military veteran-owned bank will be located at one of its current Chicago locations and accepting applications for the new positions.
February 18, 2014
It may have been a bit under the radar, but Chamber member Northern Trust added 250 workers in Chicago and 600 globally in 2013. Even more impressive, the large bank did this while Chicago area banking jobs fell as a whole last year.
February 14, 2014
On Friday, February 14, the Chamber’s Logistics & Mobility Forum hosted Donald Orseno, CEO of Metra; Christopher Bushell, Chief Infrastructure Officer of the Chicago Transit Authority (CTA); and Carole Morey, Chief Planning Officer of the CTA, for two presentations on the future plans to update and improve the region’s passenger rail and bus systems.
Mr. Orseno discussed Metra’s response to keep the trains running during one of the worst Chicago winters in decades. The constant presence of snow on the tracks as well as the extreme cold has created difficult conditions for the system’s rail operations resulting in delays caused by equipment damaged by the snow and ice, despite continuous efforts to keep the lines clear. Metra is planning to roll out an updated communications system later in 2014 that will provide real-time data to customers including GPS tracking and detailed alerts on specific trains.
February 13, 2014
Could Michigan Avenue become one of Chicago’s new tech corridors? The possibility is worth considering.
The Wrigley Building’s new ownership group, which purchased the building in 2011 and includes Groupon co-founders Eric Lefkofsky and Brad Keywell, is hoping to attract tech companies to help fill up the newly renovated space in Michigan Avenue’s iconic building.
February 6, 2014
Despite yet another day of non-stop wintry weather, Chamber members new and old produced an excellent showing for the Chicagoland Chamber of Commerce New Office Open House on Wednesday, February 5.
February 5, 2014
What is the key to small and medium-sized business growth in 2014? What are some of the most in-demand workers in the region? What type of education has become increasingly important to today’s young workforce?
In a conversation with Chamber Board member Microsoft, Chicagoland Chamber of Commerce President & CEO Theresa E. Mintle makes a case that the answer to all of these questions is “technology”. Not only is technology a key to growth for small to medium-sized businesses in the region, technology education is an important part of developing an increasingly tech-savvy workforce.
Last Updated on 2014-03-10 14:58:58.122