Recent Contributions

Greising: Complex Rowe a Rare CEO

The man at the lectern boasted about his company’s performance record, criticized the mishmash of government regulations and explained his industry with help of a Venn diagram. Yet in his speech Wednesday at the Economic Club of Chicago, he also quoted Alexander Pope, Mark Twain and Huey Long. He made a biting remark about Jon

City Sees Summits as Boon to Image, Economy

Careful planning always precedes summit meetings like those scheduled for May in Chicago for the Group of 8 economic powers and the NATO military alliance. But events rarely unfold as planned. Host cities were tarnished after at least five recent G-8 summit conferences. The 2010 meeting, outside Toronto, gave rise to claims that the government

As Shoplifting Evolves, Law Enforcement Aims to Keep Pace

In T. J. McCarthy’s 17 years as Orland Park’s police chief, he has tracked the rise of retail-theft gangs, mainly by tallying the arrests at Orland Square Mall. But it wasn’t until the arrest of a shoplifting ring last year that he realized how organized the thieves had become and how unprepared his department was

Greising: Can Groupon Deliver for Chicago?

For Kevin Willer, chief executive of the Chicago Entrepreneurial Center, last week’s $700 million initial public offering for Groupon Inc. could be the start of something big. “It’s a really big, big thing for Chicago, a watershed,” Willer said. “Until now, we haven’t had a massive tent-pole, something that can create a lot of wealth

State Pension Overhaul Caught in Limbo

Lawmakers have tinkered on the edges of the state budget during the fall veto session, but it now appears they could close shop for the year on Thursday without plugging the deep hole at the budget’s core: Illinois’s underfinanced pension systems. Pension reform has been one of the most contentious issues of this legislative session.

Marijuana Maneuvers | ComEd’s ‘Smart’ Investment | Pawar to the People

PIPE DREAM? Ald. Daniel Solis (25th Ward) said the city could expect a $7 million a year revenue boost for its cash-poor coffers after approval of his newly introduced plan to issue $200 tickets instead of arresting people caught with small amounts of marijuana. http://ow.ly/7gZVU - But Mayor Rahm Emanuel said he has not yet made

Greising: Chicago, Home of the Corporate Bust-Up

It was less than a year ago that the company now known as Motorola Mobility was just a struggling cellphone unit that its parent company, Motorola Inc., couldn’t seem to give away even if it tried. And boy, did it try. Now Google’s planned $12.5 billion purchase of Motorola Mobility — with its valuable cache

Greising: Groupon’s Special Case

When Groupon Inc. first filed papers for its initial stock offering in June, the company floated the novel idea that investors should ignore its steep marketing costs when figuring its financial results. Quite deservedly, Chicago’s tech darling drew nothing but scorn. Then last week, when Groupon tried to undo the damage by abandoning its attempted

Greising: Post Office Plan a Pipe Dream

Reclusive British developer Bill Davies has come up with quite a vision for the old Chicago Post Office Building. He sees the 2.5 million-square-foot hunk of concrete that looms over the Eisenhower Expressway as the centerpiece of a 20-acre complex that would include a 120-story office tower, a privately-owned bridge over the Chicago River, a

Greising: Mayor’s Fix-It Plan Needs More Work

In his first two months in office, Chicago’s new mayor generally has taken the view that there’ s nothing a little dose of Rahm can’t fix. The city needs a casino to help raise revenue, and Mayor Rahm Emanuel is all over that. The mayor wants to give an impression he is creating corporate growth,

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