Business and Economy

Illinois Attorney General Kwame Raoul has settled a labor dispute with three companies doing work at the Rivian plant in Normal for $390,000 in back wages and penalties.

Rivian on Thursday confirmed plans to build a $5 billion manufacturing plant in the state of Georgia that will have more employees and capacity than its first facility in Normal.

The electric automaker announced its first quarterly results on Thursday. Included was news that Rivian has produced 652 R1 vehicles (mostly trucks) since production began in September. That means Rivian will be “a few hundred vehicles short” of its target of 1,200 by the end of 2021.

The current job market continues to be a source of woe — and not workers — for area businesses.

Pawnbrokers are hoping that supply chain problems will prompt holiday shoppers to consider buying secondhand gifts this year.

As homeowners in central and southern Illinois and three other states count up the damage from Friday's storms that spawned twisters and high winds, insurance claims are beginning to flow into property and casualty insurers.

The electric automaker started the week by earning MotorTrend’s Truck of the Year honors. It might end the week with a major announcement about its second manufacturing plant.

It's been five years -- almost to the day -- since the word "Rivian" was first uttered publicly in Bloomington-Normal. WGLT's Sound Ideas has this look back at the last five years, from small meetings with taxing bodies ... to stealth mode ... to the Nasdaq.

A car dealership in Normal plans to make a $7 million addition and could get tax breaks to do it.

Despite President Biden’s ride in an electric Hummer and Rivian’s massive stock market debut, a longtime industry watcher says the U.S. may not be ready for the electric vehicle revolution.