Business

Mortgage Crisis
1:14 pm
Thu August 21, 2014

Illinois Gets A Cut Of The Bank Of America Settlement

Credit Bank of America Sign by Jeepers Media / CC by 2.0

$300,000,000. That's Illinois' share of the nearly $17-billion national settlement with Bank of America.

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Jet Maintenance and Repair
2:32 pm
Mon August 18, 2014

500 Jobs In Aviation Coming To Rockford

Governor Pat Quinn is backed up by a long row of dignitaries at the announcement of a huge new maintenance facility at Rockford's airport.
Credit Susan Stephens / WNIJ

A new jet repair and maintenance facility means 500 full-time jobs for Rockford. 

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Business
5:13 pm
Thu August 14, 2014

BorgWarner To Expand Operations In Dixon

Credit BorgWarner

BorgWarner is expanding its operations in Dixon, Illinois.

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Transform Rockford
6:15 am
Wed July 9, 2014

Group To Reveal Vision For Rockford Tonight

Transform Rockford's Mike Schablaske and the Rock River, on the river walk behind Riverfront Museum Park.
Credit Susan Stephens / WNIJ

It has taken hundreds of people pulling together at dozens of community meetings to get to this point: tonight, the group “Transform Rockford” will reveal its draft of a vision for the city at a rally at the Coronado Theater, starting at 6:30.

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Transform Rockford
5:59 am
Tue June 24, 2014

Lessons For Rockford In Federal Reserve's 'Industrial Cities Initiative'

Credit Federal Reserve Bank of Chicago

Ten industrial cities in the Midwest share lessons in economic recovery in a new report from the Chicago Federal Reserve. 

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Business
6:32 am
Mon June 16, 2014

Rockford Fastpitch "'Shark Tank' Without The Bite"

Credit Eigerlab

Rockford’s EIGERlab hosts its 8th annual Fastpitch Competition Wednesday, June 18, at the University of Illinois-Chicago College of Medicine at Rockford.

EIGERlab Marketing Coodinator Sherry Pritz compares Fastpitch to the television show “Shark Tank,” where entrants pitch their ideas for a new product or process to a panel of investors.

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Business
5:00 am
Wed April 30, 2014

Another Proposed Health Care Merger In Rockford; Will This One Move Forward?

SwedishAmerican Regional Cancer Center
Credit Swedish American Hospital

Rockford's Swedish American Health System and University of Wisconsin Health, based in Madison, Wis., have committed to merge later this year pending regulatory approval, officials of both entities announced Tuesday.

The boards of both organizations have approved a letter of intent to make  Swedish American a partner in the community healthcare delivery model of UW Health, a major regional healthcare network.

Swedish American and UW Health have had a formal affiliation since 2010.

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New Route and funding announced
4:51 am
Fri April 11, 2014

All Aboard? Rockford To Chicago Train On Track For Next Year

Governor Pat Quinn and Rockford Mayor Larry Morrissey congratulate each other over progress toward passenger rail service for Rockford. 4/10/14
Credit Susan Stephens / WNIJ

Rockford residents can look forward to taking a train into Chicago next year, after three decades without passenger rail service. 

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Business
2:57 pm
Thu April 3, 2014

Series Reveals The Secret Life Of A Food Stamp

Credit Marketplace and Slate

Marketplace and Slate continue their series The Secret Life of a Food Stamp by asking: What if Wal-Mart paid its employees more?

Slate's Andrew Bouve produced a video which estimates how much more Wal-Mart might have to charge for some products, if it raised wages high enough so that a typical worker would no longer qualify for food stamps.

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Business
9:35 am
Sat February 15, 2014

Tenn. VW Workers Reject Move To Join Union

Volkswagen's car plant in Chattanooga, Tenn., is the company's only one in the U.S. Its employees voted this week on whether to join the United Auto Workers union.
Credit Volkswqagen

Some 1,500 workers at a Volkswagen plant in Tennessee have voted not to join the United Auto Workers union. The tally of the three-day vote follows days of political prodding from both sides of the issue.

The 712-626 vote was a devastating blow to the UAW, which had tacit support from VW. The union had hoped to make inroads in auto plants in the South, where organizers have been striving for decades to represent factory workers.

VW had even allowed organizers into the plant to make their sales pitches.

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