Illinois News
Illinois Secretary of State offices remaining closed for another week
Driver Services facilities operating on a Tuesday–Saturday schedule will reopen on Tuesday, Jan. 25.
Illinois Business
Illinois News
Illinois court sends pipeline plans back to regulators
In a 60-page decision filed Wednesday, the appellate court’s three-judge panel ordered the Illinois Commerce Commission to review the public need for the project that moves North Dakota oil to a shipping point in Illinois.
Illinois News
Illinois Secretary of State offices to close for 2 weeks
All departments and driver services facilities will reopen on Tuesday, Jan. 18, White said. With the exception of commercial licenses, White has extended all driver’s license and ID card expiration dates to March 31, 2022.
Business
Upstart electric vehicle maker Rivian posts $1.23B Q3 loss
Revenue was $1 million from deliveries of 11 pickups.
Infrastructure
New Quad Cities bridge over the Mississippi River opens
The 3,464-foot (1,056-meter) span is supported by so-called “basket handle” arches that rise 164 feet (50 meters) above the roadway. The $1 billion project, nearly 90% of which came from federal money, replaces an initial bridge that opened in 1935.
Business
John Deere Q4 profit jumps 69% despite strike and supply problems
Deere's stock jumped about 5.5% to $368.43 in midday trading Wednesday after the results were announced.
Illinois Business
Deere workers approve 3rd contract offer, will end strike
The new contract covers 12 plants in Iowa, Illinois, and Kansas where the Moline, Illinois-based company’s iconic John Deere green agricultural and construction equipment is made.
Opinion & Comment
Comment: At least they left the tower...
All that success and the former Chicago giant that was Sears, Roebuck & Co. couldn't even see coming that which would be its demise. Itself.
Illinois Business
Electric truck maker Rivian goes public
Rivian has a contract with Amazon to build 100,000 electric delivery vans at its factory, a former Mitsubishi plant in Normal, Illinois. Amazon.com Inc. owns about 20% of Rivian before accounting for the public offering.
Business
Deere to Union: A better offer's not coming
Deere & Co. will release its next earnings report later this month. The disputed contract would cover more than 10,000 Deere workers at 12 facilities in Iowa, Illinois and Kansas, who make the company's iconic John Deere green tractors and other equipment.
Business
Deere employees reject contract offer, continue strike
Employees would have received between $22.13 an hour and $33.05 an hour, depending on their position. It would have provided an $8,500 ratification bonus, preserved a pension option for new hires, made workers eligible for health insurance sooner, and maintained no-premium health insurance coverage.
Illinois Business
Resurgent demand drives Caterpillar sales in third quarter
The construction industry that Caterpillar supplies was hit by the spread of COVID-19 like all others, but the pandemic did drive housing and construction demand as people sought larger or new places to live.