Business and Economy

The demolition of Central Illinois Regional Airport’s old terminal building is slated to begin this month.

The site is the former location of CJ’s Restaurant, which closed in 2018.

In a virtual meeting with the Bloomington-Normal Airport Authority on Tuesday, CIRA Deputy Director Javier Centeno said work will begin on Sept. 14 and is projected to last 85 days.

For the first time in months, you’ll be able to go see a movie in Bloomington-Normal on Friday.

Wages for Bloomington-Normal and Peoria workers were headed in very different directions when the pandemic hit like a freight train, according to newly released economic data.

The owner of Eastland Mall, which last month signaled it was in trouble as tenants struggled to pay rent during the pandemic, plans to file for bankruptcy as part of a debt restructuring.

As COVID-19 continues to hang over the economy, more insurance companies say they’re pessimistic about revenue growth and likely to shed employees in the next year, according to a new labor market study.

The pandemic has changed a lot about how we live our lives, including how much spare change we spend. It has caused a nationwide coin shortage.

Thousands of people are traveling this summer to COVID-19 hotspots and coming back to the Bloomington-Normal and the Tri-County areas — and none of them are being told to quarantine when they return.

The Peoria-based OSF Healthcare system will borrow $450 million this fall with the money financing construction of a new comprehensive cancer center in Peoria.

Bloomington-Normal's jobless rate stayed stuck in double digits in June for the third straight month, the Illinois Department of Employment Security reported Thursday.

The COVID-19 pandemic has put tens of millions of people out of work and dramatically changed the American way of life. It's not an easy time to open a business.

The electric automaker Rivian has pulled in another $2.5 billion—its largest single investment round to date—as it prepares to begin production in Normal.

Bloomington-Normal businesses and other organizations were approved to borrow at least $130 million through the federal Paycheck Protection Program, with the most money going to restaurants and doctor’s and lawyer’s offices, according to a WGLT review of the loan data.

Union leaders are calling on local governments to do more to protect workers the next time they offer tax incentive agreements to companies.

The pandemic has hurt so many businesses in central Illinois. But not, apparently, some alcohol producers.

A McLean County pandemic-relief loan program remains unused as more options emerge for struggling businesses.

Businesses, schools and other organizations are starting to reopen while reducing coronavirus risk. They also must protect themselves from legal liability if there is a breakout.

Another 2,800 people in the Bloomington-Normal area filed for jobless benefits for the first time in May, fewer than the two previous months but still worse than at the peak of the Great Recession, the state reported Thursday.

The owner of Eastland Mall says it has “substantial doubt” about its future as it’s unable to collect rent from most of its retail tenants that are struggling because of the pandemic.

Mayor Lori Lightfoot says Chicago will proceed with its next stage of reopening after coronavirus stay-at-home orders despite days of unrest and violence. Vandalism and violent clashes have followed peaceful protests citywide after George Floyd's death.