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Business news

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. 

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.

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.

Susan Stephens / WNIJ

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

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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