Business Pat Quinn

  • CHICAGO, Oct 13- Illinois will seek to auction off its main building in Chicago, Governor Bruce Rauner said on Tuesday, adding that the Thompson Center is inefficient and that the sale will save the state money and generate property tax revenue for Chicago. Both Chicago and the state of Illinois are mired in financial crisis and the state is currently running...

  • CHICAGO, Sept 2- Illinois is eyeing a return to the U.S. municipal bond market this year after an absence of more than 15 months, even as the state struggles to address its many fiscal problems. Illinois last sold bonds in May 2014 with a $750 million general obligation bond issue. "If you throw out Puerto Rico, Illinois is by far the worst state in the nation," said Nick...

  • Illinois eyes bond sale this year, hires debt director Wednesday, 2 Sep 2015 | 2:23 PM ET

    CHICAGO, Sept 2- Illinois is eyeing a return to the U.S. municipal bond market this year after an absence of more than 15 months, even as the state struggles to address its many fiscal problems. Illinois last sold bonds in May 2014 with a $750 million general obligation bond issue. An impasse between Rauner and Democrats who control the House and Senate has left...

  • The other winner last night: Wealthy candidates Wednesday, 5 Nov 2014 | 12:55 PM ET
    Bruce Rauner (L), David Perdue (C) and Tom MacArthur (R)

    Of the 10 congressional candidates who spent the most on their own races, six won and four lost.

  • Report to present magnitude of Ill. fiscal woes Tuesday, 23 Oct 2012 | 4:22 PM ET

    University of Illinois economist Richard Dye says solutions to problems like the state's backlog of bills and the Medicaid squeeze will be mentioned but not recommended. Illinois was among six states examined. Pat Quinn spokesman Abdon Pallasch says the July report highlighted problems the Illinois governor has fixed or proposed solutions for.

  • Illinois Amtrak train hits 111 mph in test run Friday, 19 Oct 2012 | 1:44 PM ET

    JOLIET, Ill.-- For the first time on a key Midwestern route between Chicago and St. Louis, an Amtrak passenger train topped 110 mph Friday, ripping through fog-shrouded farm fields and blowing past cars on a parallel highway. Illinois and the country was a wasteland when it came to high speed rail, "said U.S.

  • Illinois Amtrak train hits 110 mph in test run Friday, 19 Oct 2012 | 1:08 PM ET

    JOLIET, Ill.-- An Amtrak passenger train has reached a speed of 110 mph for the first time in Illinois. The five-car, two-locomotive train zipped through the central Illinois countryside, hitting its high speed between the towns of Dwight and Pontiac.

  • Ill. Amtrak train set to hit 110 mph in test run Friday, 19 Oct 2012 | 7:54 AM ET

    CHICAGO-- In a modest milestone for President Barack Obama's high-speed rail vision, test runs will start zooming along a small section of the Amtrak line between Chicago and St. Louis at 110 mph Friday. Transportation Secretary Ray LaHood and Illinois Gov.

  • Partnerships to help control Ill. Medicaid costs Wednesday, 17 Oct 2012 | 8:42 AM ET

    CHICAGO-- A for-profit nursing home company owned by a politically connected Chicago businessman is a partner in a project Illinois Gov. Pat Quinn announced Tuesday that aims to control health spending for high-cost Medicaid recipients.

  • Video gambling goes live at 65 Ill. bars, eateries Tuesday, 9 Oct 2012 | 5:38 PM ET

    "The IGB's staff has done a tremendous job to... bring this new industry to Illinois," board Chairman Aaron Jaffe said in a written statement. Jeff Glover, manager of Chino's Pizzeria in the Chicago suburb of Justice, said he'd just finished mopping when he saw the restaurant's three terminals activated around 11:30 a.m..