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Daily Whale Originals

Chicago Community Trust leveraging financial strength to bridge opportunity gaps for Chicagoans

Terry Mazany, president and CEO of The Chicago Community Trust, highlighted the strong financial standing his organization has achieved over the last year while speaking at a Thursday City Club of Chicago luncheon.


Lt. Gov. talks college costs, tax transparency

Illinois Lt. Gov. Sheila Simon, who will not seek re-election in 2014, would only say on Wednesday that her future plans are “actively looking at ways that I can continue to serve the state of Illinois and have an increased impact.”

Her remarks came three weeks after the Illinois House voted to eliminate the office of lieutenant governor, a matter that is now before the state Senate.

Ricketts says outfield video board, ads vital to keep Cubs in Wrigley

Chicago Cubs owner Tom Ricketts filed with the city on Wednesday a $500 million privately financed Wrigley Field redevelopment plan, and insinuated that he would move the baseball team if his proposal for a left field video board and right field advertising signage were not approved.

DuPage board chairman warns businesses are leaving Illinois

DuPage County Board Chairman Dan Cronin declared on Tuesday that the people of Illinois “are voting with their feet” and leaving a state after “drowning under the cost of government.”

“The state of Illinois is ranked number two in terms of out migration,” Cronin said at a City Club of Chicago luncheon on Wednesday. “Residents and businesses – they can’t flee soon enough.”

Aldermen want to expand authority of city inspector general

Chicago City Council members proposed amendments to the 1989 City Inspector General Ordinance intended to significantly increase the power of the inspector general, the in-house watchdog of the city’s executive branch.

McDonald’s gets the union treatment

Workers and labor rights activists in Chicago took aim at some of the city’s biggest retail and fast food employers Wednesday in a series of demonstrations calling for higher pay.

Headed by the Workers Organizing Committee of Chicago and supported by various local unions and labor groups, the “Fight for 15” campaign prompted employee walkouts at McDonald’s, Macy’s, Victoria's Secret outlets and other chain stores and restaurants starting at 5:30 a.m. yesterday.

Emanuel: There’s an app for energy conservation

Mayor Rahm Emanuel wants Chicago to dip its toes into “cleanweb,” where public data is used to create web applications for mobile devices that will help Chicagoans save energy.

Emanuel announced Tuesday that, starting this weekend, the city of Chicago will over the next year hold a series of “hackathons,” two-day sessions where people will compete to make applications out of city data on the energy efficiency of buildings.

City’s biotech startup incubator in the works

Mayor Rahm Emanuel hopes a new city-sponsored business center will lure young biotech companies downtown.

The center will serve as a space for startup companies in the biotech and pharmaceutical industries to set up shop and network with Chicago’s established medical community.

The project will be Chicago’s second recent jaunt into business incubation; last year, the city helped launch 1871, a tech company startup space located in Merchandise Mart.

Gutierrez, Paul Ryan push for immigration reform during Chicago appearance

U.S. Reps. Luis Gutierrez (D-Ill.) and Paul Ryan (R-Wis.) made the case for reforming the U.S. immigration system while speaking at a City Club of Chicago luncheon Monday. The unlikely pair said they plan to introduce legislation that would tighten immigration rules while providing a path to citizenship for those who reside in the country illegally.


State finance authority head makes case for muni bonds’ tax-exempt status

With the federal government considering a sweeping overhaul of the tax code, the Illinois government and Cook County Board are waging a preemptive strike against Washington potentially ending the tax-exempt status of municipal bonds.