A major Chicago developer was poised to buy a nearly empty office tower at a fraction of its original sale price
Category: Business
Superhot Rock Geothermal Renaissance Propels Clean Energy Beyond Solar and Wind
New drilling technology was enabling geothermal energy to scale rapidly alongside solar and wind power
Damage from Iran War Looms Larger in S&P Global Survey of US Companies Hitting Inflation and Employment
S&P Global data showed more US firms were citing Iran war impacts as a drag on business outlook and workforce plans
Jobless Claims Remain Near Multi-Decade Low at 210000 Signaling No Imminent Recession
US initial unemployment claims stayed near historically low levels projecting unemployment falling toward 4 percent
Kevin Warsh Sworn In as Federal Reserve Chair at White House Replacing Jerome Powell
Kevin Warsh was officially installed as the 11th modern Fed chair in a White House East Room ceremony with Justice Clarence Thomas administering the oath
Chicago City Council Approves 54.7 Million Dollar Tax Break to Jump-Start United Center Development
Chicago approved a major tax incentive package to spur redevelopment around the United Center sports arena
Dow Jones Rises 294 Points to Set New Record High Ahead of Memorial Day Weekend
US stocks rallied on Friday with the Dow setting a record close driven by optimism about potential progress in Iran talks
Bill Gates-Backed TerraPower Partners with Hyundai for Next-Generation 345 MW Nuclear Reactor
TerraPower and Hyundai announced a deal to develop and manufacture a new advanced nuclear reactor design
SpaceX Files for IPO That Could Raise Up to 75 Billion Dollars in Biggest-Ever Market Debut
Elon Musk’s rocket and satellite company disclosed its finances for the first time as it prepares for a Wall Street listing
Enbridge and Meta Expand Clean Energy Partnership with 365 MW Wyoming Solar and Storage Project
The two companies announced a major solar and battery storage project to power Meta’s data centres with clean energy