Business and Economy | WGLT

Business and Economy

Judy and Jeff pose outside GLT
Ryan Denham / WGLT

If you're looking for the federal government to fix the American health care system, Jeff Bauer says you're looking in the wrong place.

Mary Cullen / WGLT

The grand opening of Bakery & PickleEpiphany Farms Hospitality Group’s newest venture, is right around the corner. The private dinner club is unlike any other in Bloomington-Normal, transforming into a speakeasy-style bar after hours.

Farm towns in Illinois have been shrinking for decades, and the trend doesn’t show signs of reversing.

By 2025, rural counties with populations of less than 10,000 people will see 7.4 percent of their residents leave, while counties with populations between 10,000 and 25,000 will lose 5.4 percent. That’s according to projections from the Illinois Department of Public Health.

Home with For Sale sign
Carleigh Gray / WGLT

The local Realtors president said corporate relocations helped the Bloomington-Normal real estate market play some catchup during an especially busy July.

Sears
Eric Stock / WGLT

Eastland Mall's owner says it sees Sears' plans to close this fall as an opportunity to further redefine what a modern mall looks like.

Chad at the bar
Ryan Denham / WGLT

A few years ago, Brandon Leach and Zack Poleto were ready to open their pop-up restaurant in Bloomington, inspired by their favorite dishes from all over the world.

BERNARD GOITEIN / CENTER FOR BUSINESS AND ECONOMIC RESEARCH, BRADLEY UNIVERSITY

The Peoria area's economy saw improved labor market conditions during the second quarter of 2018.

Combine harvests corn in a field
Seth Perlman / AP

In many ways, the history of farming is about its future—how we went from hand tools and horses to self-driving tractors and $10,000-an-acre farmland.

Construction worker at a home project
Charles Krupa / AP

Ten years after the Great Recession, a new housing crisis has developed in America. You’ve been hearing reports all week on Morning Edition and All Things Considered, about those who’ve been shut out of the housing market. Here's a look at how the homebuilding slowdown is playing out in Bloomington-Normal.

Biaggi's exterior
Biaggi's Ristorante Italiano / Facebook

Biaggi's Ristorante Italiano is moving, while the company is planning a second restaurant in Bloomington.

Staff / WGLT

Pantagraph owner Lee Enterprises Inc. reported Friday overall quarterly earnings of $4.8 million, down $1.5 million from this time last year.

Advocates of the so-called Illinois Human Rights Act "expansion bill" are urging Governor Bruce Rauner to sign that piece of legislation, which is currently on his desk. Otherwise, without his action, it would die by mid-August.

Pile of soybeans at an elevator
Seth Perlman / AP

Agricultural economist Todd Hubbs had just finished telling a room full of farmers about how all the uncertainty surrounding global trade is affecting U.S. corn growers.

help wanted sign
Charles Krupa / AP

Bloomington-Normal’s jobless rate rose in June, though state officials say that’s not necessarily a bad thing.

A field of corn
Randy Wick / Flickr

Farmers across the nation have expressed concern about economic hardship created by Trump tariffs and retaliation by other nations against U.S. agricultural products.

Bistro
Eric Stock / WGLT

A first-time event in downtown Saturday celebrates 25 years since the city's first bar for the LGBTQ community opened.

Andy Netzer on a balcony overlooking the Lodge
Ryan Denham / WGLT

Morgan Anderson is a junior nursing major at Illinois State University. One of her dreams for senior year is to live at the Lodge—the massive apartment complex on Willow Street that, from the outside, looks like where multi-millionaires would spend the night after going skiing.

Green Top Grocery owners look at their new store
Ryan Denham / WGLT

Green Top Grocery has hired a new general manager as the co-op continues its turnaround effort.

Ryan Denham / WGLT

You know what’s not good for a real estate market? A ton of uncertainty at the market’s biggest employer.

Bridgestone plant in Normal
Staff / WGLT

The Bridgestone plant in Normal will add 30 new employees as part of a $12 million investment, the tiremaker announced Tuesday.

Ryan Denham / WGLT

A semipro baseball team. A band performing at the Castle Theatre. A mom visiting to watch her son play college football. A family reunion. An author writing a book about historic Route 66.

The U.S. Supreme Court’s decision on online shopping left two things clear – consumers who buy online will have to pay sales tax on more items, and some states will see more money from those online purchases.

Charlie Schlenker / WGLT

The Bloomington-Normal Economic Development Council released its latest quarterly update showing record low unemployment rates and a slight increase in jobs over 2017.

Rivian Automotive

The electric vehicle startup Rivian continued to emerge from its “extreme stealth” mode Tuesday, revealing its “skateboard” chassis and a timeline for when its first truck will be available for pre-order. 

Elise Amendola / AP

Walgreens says it's opening a new office in Chicago and staffing it with 1,800 people.

When you think of Bloomington-Normal brands with national or even international reputations, it's State Farm and Beer Nuts. Now Destihl is on the list.

help wanted sign
Charles Krupa / AP

The Bloomington-Normal area's jobless rate plunged to 3.1 percent in April, the lowest rate for that month since 2000, the Illinois Department of Employment Security reported Thursday.

Ryan Denham / WGLT

Looks like stealth mode is over.

The usually quiet Rivian Automotive made some noise in the past week, as the company revealed lots of new information in at least three media interviews and a press release.

Rivian employee works on battery
Twitter / @Rivian

Rivian Automotive will unveil its first two vehicles at the Los Angeles Auto Show in November, GLT has confirmed.

Carleigh Gray / WGLT

Changes at State Farm are impacting many parts of the local economy—from real estate to jobs to downtown Bloomington’s future.

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