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economy

Neiman Marcus files for Chapter 11 bankruptcy

By Anne D'Innocenzio AP Retail Writer NEW YORK (AP) — Neiman Marcus has filed for Chapter 11 bankruptcy protection, the first department store chain and second major retailer to be toppled by the coronavirus pandemic.  The move by…

Belvidere Assembly Plant re-opening June 1

Staff Report BELVIDERE, Ill. - The Belvidere Assembly Plant will re-open June 1, a FCA Group spokesman said Wednesday, May 6. "This plan has been developed following continuous discussions with the unions – the UAW, Unifor and Section…

Adam Kinzinger calls on Pritzker re-open state by region

Staff Report WASHINGTON, D.C. - U.S. Rep. Adam Kinzinger (Illinois-16), along with four other Illinois Republicans, has sent a letter to Gov. J.B. Pritzker, urging a him to consider a regional, phased re-opening of the economy. The…

Demolition of former Magna grocery store begins Thursday

Staff Report ROCKFORD - Demolition of the former Magna grocery store, 3915 E. State St., will begin at 7 a.m., Thursday, April 30, the city announced Wednesday. The building has been vacant for more than 20 years. The city recently…

COVID-19: Is the US headed toward a new New Deal?

By Michael Tackett and Josh Boak Associated Press WASHINGTON (AP) — The New Deal was really a series of new deals, spread out over more than six years during the Great Depression — a menu of nationally scaled projects that were one part…
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