Illinois has become infamous for encouraging cronyism and discouraging entrepreneurship, but there are a number of steps state lawmakers could take to end this cycle and encourage growth. Without serious changes, Illinois will continue on a cycle of job loss and economic decline. According to the Kauffman Foundation, Illinois ranks near the bottom for entrepreneurial...

Should the right to open a new business be put up to a public vote? At a meeting this week in Geneva, Ill., aldermen voted to reject tattoo artist Ramiro Guillen’s plan to open a tattoo parlor on Randall road because of opposition from other business owners. And, one alderman speculated, because of stereotypes about...

Though Baxter International Inc. has denied reports that it is considering relocating to Boston, Illinois officials are in damage-control mode to ensure that the Deerfield, Ill.-based company stays put. On Aug. 27, the Boston Business Journal reported that Baxter, a biotech giant that has been based in Illinois since the 1930s, is looking to make a...

Nearly three months after the Illinois General Assembly passed devastating restrictions on innovative ridesharing services such as Uber and Lyft, Gov. Pat Quinn issued a surprising blow to the taxicab lobby by vetoing the job-killing legislation in its entirety. This March, in response to the recent success and popularity of ridesharing programs such as Uber...

On Aug. 25 Gov. Pat Quinn vetoed a bill pushed by the taxi lobby that would have restricted ridesharing services such as UberX and Lyft in Chicago. The veto is good news for ridesharing consumers and drivers. Uber will now move forward with its plan to bring 425 new jobs to Illinois. The bill’s champion...