• facebook
  • twitter
  • sign up today!

Business and Finance

Emanuel’s parking meter changes advance to City Council

The Chicago City Council Committee on Finance on Monday voted 15-6 to approve the revised terms of the city’s 75-year parking meter lease that Mayor Rahm Emanuel renegotiated with Chicago Parking Meters LLC.  

Why Gallagher is chasing the big deal

CME Group fines, suspends Morgan Stanley head of rates

Boeing 787 pulled from flight in Japan due to battery problem

Connie's Pizza is coming to the Viagra Triangle

Cubs, Sox will look for future Crosstown Cup sponsor

Moody's warns Illinois about its credit rating

As vote on parking meter agreement nears, some aldermen still hope for a buyback option

Aldermen from the Committee on Finance spent another day going over the fine print of the city’s renegotiated parking meter lease agreement.

Mayor Rahm Emanuel brokered the changes to the deal between the city and Chicago Parking Meters LLC for the operation of Chicago’s parking meter system. Those changes affect how the city and the company collect meter data as well as when and where drivers are charged for parking.

Sears to transform some shuttered stores into data centers

Boeing to open design, support sites outside Seattle