Economy

Economy

Rauner veto stands

SPRINGFIELD — The Illinois House Wednesday fell three votes short of overriding Gov. Bruce Rauner's veto of a union-backed bill that the governor had called "a dangerous proposal."

HB 580 would have sent stalled contract talks with the state's top public employee union, AFSCME, to binding arbitration, essentially locking the governor's office out of the bargaining process.

Protests for $15 wage expected at McDonald's headquarters

OAK BROOK, Ill. (AP) — Protesters demanding a higher minimum wage are expected to march on the McDonald's Corp. headquarters near Chicago ahead of the fast-food giant's annual shareholders' meeting.

Rockford jet repair hub on schedule, to be finished by June

ROCKFORD, Ill. (AP) — The executive director of Rockford's international airport says construction of a $41 million jet repair hub is on schedule and under budget.

Female CEOs see pay rise, but numbers remain small

SARAH SKIDMORE SELL, AP Business Writer

Area update: Air Force to test land for chemical warfare agents

RANTOUL — This summer, the Air Force will begin testing for chemical warfare agents that were used on the former Chanute Air Force Base.

UPDATED: Report says Eagle Creek should be demolished

SPRINGFIELD — The 27-year-old Eagle Creek Resort, closed by a court order in 2009 after mold was detected, should be demolished, the Illinois Department of Natural Resources said Tuesday.

Thousands rally for Exelon; Madigan calls bill a 'bailout'

SPRINGFIELD — On the same day that thousands of people came to the Capitol to rally for Exelon Corp.'s Next Generation energy plan, Attorney General Lisa Madigan issued another statement opposed to the legislation that she called a "bailout."

U.S. new-home sales jump to highest level in more than 8 years

CHRISTOPHER S. RUGABER, AP Economics Writer

Family Checkbook: What's the payback for home energy improvements?

By Kathy Sweedler

After months of cold winter days and paying to heat my home, I'm ready in the spring for new ways to make my home more energy efficient. This time of the year is also when many homeowners like myself scramble to put home-improvement plans into action, especially those plans that require hiring expertise to do the work.

Tribune rejects second Gannett bid; sets the stage for talks

NEW YORK (AP) — Tribune Publishing rejected a second takeover bid from USA Today owner Gannett, but did say Monday that it was open to further talks.