Nippon Sharyo points to prototype difficulties and unspecified business concerns as the main reasons behind the layoffs.

Illinois’ weak economic growth and population loss may signal the beginning of a financial death spiral.

The company plans on moving its white-collar workforce to Naperville, while keeping its manufacturing plant in Michigan.

The newly re-elected House speaker is pushing a new tax on businesses, an increase to the minimum wage and more spending, while doing nothing to address salient problems such as workers’ compensation and pension debt.

Half of Midwest out-migration losses are coming from Illinois, making it the only shrinking state in the region.

Peoria-based heavy-equipment manufacturer Caterpillar has announced a possible move of up to 800 manufacturing jobs out of Aurora.

Misplaced priorities in education funding have driven students out of the state and skyrocketed tuition costs.