Illinois

Illinois will delay November pension payments. Comptroller Leslie Geissler Munger attributed the postponement to a cash shortage. Municipal bonds and pensions expert Cate Long weighed in on the issue. Comptroller Leslie Geissler Munger said on Wednesday that Illinois will have to delay...

The Midwest is another focal point in the battle for legalized medical marijuana. Michigan is the only state in the region that allows the use of medical marijuana, but Illinois is in the midst of implementing its new law that will allow limited use for qualifying patients. Leading marijuana...

Today, Illinois holds its Republican Primary, as the candidates hope to add to their delegate counts. Polls show a close race between frontrunners Mitt Romney and Rick Santorum. While the focus is on Illinois, let's have a look at the stocks of some of the many corporations headquartered in the...

On May 16, Rahm Emanuel will take up the reins of the city of Chicago, ending the six-term administration of Mayor Richard M. Daley. Emanuel , a former White House chief of staff and Democratic member of the U.S. House of Representatives, is well known for his blunt, take-no-prisoners style. But...

Nippon Sharyo, a Japanese (NYSE: EWJ) rail car maker, said that it had received an order for 160 rail cars from suburban Illinois' Metra commuter rail line on Thursday. The order, jointly received with trading house Sumitomo Corp, is worth about ¥48 billion, or roughly $570 million. The new cars...