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Embracing AI is a pathway to prosperity for Illinois

By Scott Gartner
Oct 31, 2025 2:13 pm - Illinois has all the ingredients it needs to emerge as a national leader in innovation. From the Chicago region’s thriving startup ecosystem to our world-class universities and central location, the promise of our state is undeniable, says Antioch Mayor Scott Gartner.
Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates

By MICHELLE CHAPMAN
Oct 28, 2025 8:09 am - Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere.
French tech company announces new headquarters at Chicago quantum research park

By Maggie Dougherty
Oct 11, 2025 2:04 pm - French quantum computing company Pasqal plans to build its U.S. headquarters in Chicago at the state’s new tech research park.
‘A place of innovation and opportunity’: Work underway for data center campus in Grayslake

By Mick Zawislak
Oct 11, 2025 1:54 pm - A huge project Grayslake officials say represents one of the largest private investments in Lake County history and a major step for the village’s long-term economic growth is underway.
North Dakota to become second state to issue stablecoin with ‘roughrider’ token

By Emily Mason
Oct 10, 2025 2:07 pm - North Dakota plans to follow Wyoming to become only the second state to issue a stablecoin, in this case to initially facilitate bank-to-bank transactions while the digital tokens are being more widely experimented with in the US the financial system.
Is there an AI bubble? Financial institutions sound a warning

By KELVIN CHAN and MATT O'BRIEN
Oct 09, 2025 2:23 pm - Lingering doubts about the economic promise of artificial intelligence technology are starting to get the attention of financial institutions that raised warning flags this week about an AI investment bubble.
The US stock market keeps setting records as AI excitement keeps building

By STAN CHOE
Oct 06, 2025 4:21 pm - Wall Street keeps setting more records, and excitement about the artificial-intelligence industry keeps leading the way.
The Biz Week That Was: Bears stadium impact, a new Costco Business Center, and federal government shutdown fallout are among the highlights

Daily Herald report
Oct 04, 2025 1:30 pm - Arlington Heights could collect $15 million a year from Bears stadium, but costs still unknown Economic impact reports released by Arlington Heights officials Tuesda...
State, private developers break ground on quantum research park

By Andrew Adams
Oct 01, 2025 10:30 am - Officials broke ground on a quantum research park development on Chicago’s Southeast Side, more than a year after it was first announced. The project has received significant state financing. The governor says the state’s quantum strategy, centered on the research park, will bring billions of dollars of economic development to the region.
Automation comes for tech jobs in the world capital of AI

By Caroline O'Donovan
Sep 08, 2025 3:34 pm - Salesforce, a $240 billion cloud software company, told 262 employees in San Francisco they were being let go, according to a state filing this week. As AI is rocking the software industry, tech jobs are vanishing.

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