Business and Economy

The board of electric automaker Rivian has restructured the pay package for Chief Executive Officer RJ Scaringe that could net him $4.6 billion over the next decade.

Trump administration trade and regulatory policy initially hurt Rivian. Changes in the administration stance may now help some.

The head of electric vehicle maker Rivian says the future is not just EVs, it’s artificial intelligence and autonomous vehicles. And it’s coming sooner than you might think.

Kevin Surace, an AI pioneer and futurist entrepreneur, will host a talk, "Win with AI Today: Practical Tips for Work, School, and Home," as part of ISU's presidential speaker series at 7 p.m. Tuesday, Nov. 4, at the Brown Ballroom of Bone Student Center.

Demolition began Tuesday on the Front N Center building in Downtown Bloomington. The property will initially become a parking lot, with hopes for redevelopment later.

A business group in McLean County has come up with a plan it says will save employers money on employee health care — not just in McLean County, but across the state.

Mayor Dan Brady says he does not think a close city council vote to dedicate grocery sales tax money to infrastructure came about because of inconsistent messaging.

Farmland owners who want to sell their acreage are holding back this fall, compared with this time last year — while land prices have declined slightly.

Mark Denzler, president of the Illinois Manufacturers Association, says many companies are deciding whether they can afford to absorb those costs or pass them on to their customers.

The final tally of job cuts at the Bridgestone Firestone plant in Normal is less than first thought. And United Steelworkers Union Local 787 President Jason Beckett said it does not involve layoffs.