Business and Economy | WGLT

Business and Economy

Cash in a jar
Mark Lennihan / AP

Wages in McLean County are flat and lagging the rest of the U.S. economy despite low unemployment, according to new data from the U.S. Bureau of Labor Statistics.

JP's Wheel and Ale House
Eric Stock / WGLT

Video gambling has created a substantial cash windfall for thousands of businesses in Illinois since the state legalized the machines in 2009.

Containers set up at 2012 W. College Ave.
Eric Stock / WGLT

Town of Normal officials contend town council member Stan Nord continues to expand a business on his property in defiance of town zoning rules.

Former State Farm building
Eric Stock / WGLT

The company that is taking over the former State Farm building in downtown Bloomington has secured its first tenant, prompting the developer to abandon its plans to build luxury apartments.

Richard Guebert speaking at conference
Facebook/Illinois Farm Bureau

The head of the Illinois Farm Bureau on Wednesday told the U.S. House Ways and Means Committee the China trade agreement is good for the country. That's in spite of trade war damage to Illinois farmers.

Design of new building
Town of Normal

Property owners who want to demolish three aging student apartments and build a new complex are expected to face opposition Monday when their plans go in front of the Normal Town Council.

Rivian truck
@Rivian / Twitter

A landscape architect from Queens. A marketing professional in Colorado Springs. A systems engineer from Columbus, Ohio. A cancer scientist near San Diego. An electrical engineer from British Columbia.

Mark searches
Ashley Binkowski / WGLT

At 10 p.m. on a snowy Thursday in late January, Kimberly Maddox and her volunteer team bundled up and wandered the streets of Bloomington-Normal, looking for something that’s often invisible: those experiencing homelessness.

Carl speaks
Jolie Sherman / WGLT

Allegiant will add its third nonstop route to Florida from Central Illinois Regional Airport (CIRA) in Bloomington starting this summer, officials said Tuesday.

Agracel building
Eric Stock / WGLT

A technology and logistics company has announced plans to open an office in Bloomington and hire about 150 workers within its first year.

Ron Batory
Eric Stock / WGLT

The head of the Federal Railroad Administration took to a train ride to Uptown Station to see the facility that's getting $13 million for an underpass.

Empty building on Hamilton Road
Eric Stock / WGLT

A developer has axed plans for an indoor sports recreation business near downtown Bloomington and plans to open on the east side instead.

For Sale sign
Staff / WGLT

The Bloomington-Normal housing market slowed down in 2019, and real estate agents again pointed the finger at low inventory as a main culprit.

Unemployment Office

The Bloomington-Normal area’s jobless rate declined in December, as the local economy added 400 jobs in the past year, the Illinois Department of Employment Security said Thursday.

Tilton family at McLean County Chamber event
Vicki Tilton

A Bloomington business owner honored for her years of service to the community said she wants to help others the way so many have helped her.

West Bloomington Revitalization Project
Facebook / WBRP

The West Bloomington Revitalization Project wants to build the economy with teeny tiny loans.

Storage containers
Eric Stock / WGLT

Town of Normal staff has asked Town Council Member Stan Nord to halt development on his property in west Normal for a business until the town approves a site plan he has yet to submit.

Dave and Charlie

One of the most recognizable names in the Bloomington-Normal business community has changed to reflect a shift in ownership.

When the McLean County Regional Planning Commission recently finished its national search for a new director, it found the leader it wanted pretty close to home.

Cars on Veterans Parkway
Ralph Weisheit / WGLT

The outlook is not good for the nation's cities if current trends continue.

Normal City Hall
Staff / WGLT

The head of the McLean County Chamber of Commerce said he disagrees with Normal Town Council member Stan Nord's view that "business and government should not be doing things together."

Blue Rivian pickup
Megan McGowan / WGLT

Rivian on Monday announced its fourth major investment of 2019—this time $1.3 billion led by funds and accounts advised by T. Rowe Price.

State Farm HQ
Staff / WGLT

State Farm is relocating its investment department from its corporate headquarters in Bloomington to its regional hub near Dallas, though State Farm officials say the company’s total workforce in McLean County will go largely unchanged.

Front of Hyatt Place
Cristian Jaramillo / WGLT

The Hyatt Place hotel in Uptown Normal has a new owner.

dairy cows
Jeff Roberson / AP

Illinois Farm Bureau President Richard Guebert said Tuesday the new U.S. trade agreement with Canada and Mexico will make two of the state's top export markets even stronger.

Dreams Are Possible mural
Eric Stock / WGLT

A free job training site for women is starting its first classes Monday after renovating a dilapidated building on Bloomington's west side.

Eastland Mall exterior
Staff / WGLT

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Rivian employee works on battery
Twitter / @Rivian

An auto services company hopes its $350 million investment in Rivian will help it better understand the value of used batteries after they’re pulled out of electric vehicles.

Gracie Weinzierl
Ryan Denham / WGLT

2019 was a memorable year for central Illinois farmers—and not in a good way. Trade disputes cut into prices and drove up anxiety. A soggy planting season led to a late harvest. And just as farmers finally were able to get into this fields this fall, it snowed.

CVS downtown
Google Maps

Downtown Bloomington will soon be losing its CVS store.