Business Pat Quinn

  • CHICAGO, June 13- Illinois has never missed a bond payment, but the state for the first time is addressing that doomsday scenario in a document filed ahead of a scheduled $550 million bond sale this week. In the prospectus for its June 16 sale of $550 million of bonds, dated June 6, Illinois warned that if it were to miss a payment, bondholders' ability to collect their...

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • "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..