Illinois Economy

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Ira Belgrade had been a Hollywood talent manager for decades when his wife, who was also his business partner, died suddenly from Lyme disease.  

“I fell apart, my business fell apart,” Belgrade said.  “How was I going to tell my 2 1/2-year-old, 'Now we’ve got to move, you can’t have that bedroom anymore'?

10/16/2017: Preventing distracted driving

Oct 16, 2017

(Markets Edition) The Federal Reserve still wants another interest rate hike or two. Julia Coronado, founder of MacroPolicy Perspectives, joined us to discuss why Fed Chair Janet Yellen has been pushing for them. Afterwards, we'll look at the issue of distracted driving, which causes more than 3,000 deaths a year. We now have software that will allow police to scan a driver's phone for activity.

Colin Kaepernick says the NFL colluded against him

Oct 16, 2017

Colin Kaepernick — the football player who started kneeling during the national anthem to protest social injustice — has now filed a grievance against the NFL, accusing its teams of colluding against him.

He opted out of his contract with the San Francisco 49ers in March, and no team has signed him despite a strong season last year. That's led to speculation in the sports community that he’s been blackballed by the NFL because of his political activism.

(U.S. Edition) Colin Kaepernick — the football player who began kneeling during the national anthem to protest social injustice — has filed a grievance against the NFL, claiming that the league's teams colluded to keep him from getting a new contract. On today's show, we'll look at what the league's collective bargaining agreement means for his case. Afterwards, we'll discuss Alibaba's plan to double its spending on research and development to $15 billion over the next three years.

In 2011, Ben Lieberman got the call every parent dreads. His college age son had been in a car accident and later diedLieberman was told the driver fell asleep at the wheel. But the accident happened during rush hour – on a windy road. So Lieberman wondered if the driver had been texting but says he was shocked at how difficult that can be to investigate. 

“I learned the hard way that there’s really no system in place right now," he said. 

Chinese internet giant Alibaba is taking a big step toward competing globally. It plans to more than double spending on research and development to $15 billion over the next three years, and will open labs in seven cities around the world, including in Russia, Singapore and in the U.S. But can its dominance of the Chinese market translate into international success?

Click the above audio player to hear the full story.

10/16/2017: European investors weigh new risks

Oct 16, 2017

(Global Edition) From the BBC's World Service ... European investors are waking up to the return of political risk -- another showdown over Catalonia is playing out and Austria has elected the world’s youngest leader, with fears over immigration helping bring Sebastian Kurz to power. We examine the implications for Europe. Tensions have flared in the oil rich region around Kirkuk, with Iraqi forces saying they have captured the disputed city from Kurdish fighters. But how crucial is the area to the world’s oil supply?

Microsoft recently announced that it’s doing away with its Windows Phone operating system. That basically leaves consumers with two options: iPhone or Android. Marketplace Tech host Molly Wood talks with Julie Ask, a principal analyst at Forrester Research, about how the smartphone industry got here and what it would take for a third player to enter the market. 

Carter Staley / NPR Illinois | 91.9 UIS

Illinois and New Jersey are in dire financial straits, but experts hope California's fiscal gains can be duplicated in those states now struggling.

Nancy Hudspeth, who lived in Chicago for nearly 30 years, says she feels as if she escaped the state’s current fiscal problems when she left to pursue a teaching job in California two years ago. Before her move, Hudspeth spent six years analyzing Illinois’ finances with the University of Illinois’ Fiscal Futures Project.

Carter Staley / NPR Illinois | 91.9 UIS

NPR Illinois and WVIK hosted the eighth Illinois Issues Forum on the state's financial health and the lasting impacts of the two-year-long state budget impasse on the Quad Cities community. 

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Sean Crawford talks with Tim Landis of the State Journal-Register.

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Law enforcement in Sangamon County is gearing up for Luke Bryan’s concert on Friday after a late venue change due to rain. The concert was originally scheduled to be held at the Ayers Family Farm in Edinburg, Illinois, a small town in Christian County. It is now moved to the Illinois State Fairgrounds. 

SJ-R.com

Sean Crawford talks with Tim Landis, Business Editor for the State Journal-Register.

Copyright 2017 NPR. To see more, visit http://www.npr.org/.

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Sean Crawford talked with State Journal-Register Business Editor Tim Landis.

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Producing electricity at Springfield’s coal-fired power plant instead of buying it on the wholesale market cost customers $261 million over the last nine years, according to an analysis commissioned by the local chapter of the Sierra Club.

simone.brunozzi / Flickr

After a nationwide call , cities across America are looking to land Amazon’s second headquarters attracting bids from big cities like Chicago.  But, Edwardsville, in the Metro East near St. Louis, is also throwing its hat in the ring.  

MOLLY ADAMS / FLICKR

Commentary: Is democracy a root cause of the state's budget woes?

SJ-R.com

Sean Crawford talks with State Journal-Register Business Editor Tim Landis.

Bill Mathews / City Water, Light and Power

A  dozen linemen from Springfield’s City Water, Light and Power repaired electricity lines Thursday in the hurricane-damaged town of Lake Worth, Florida, about 60 miles north of Miami.

The crews arrived Tuesday to assist in restoring power to tens of thousands of residents after Hurricane Irma swept through the city.

“We kind of have to help each other out because you can’t staff enough workers for a storm like this,” said Bill Mathews, a CWLP supervisor. “Maybe we have an ice storm some time and they come up here and give us a hand.”

SJ-R

Sean Crawford talks with the State Journal-Register Business Editor Tim Landis.

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Sean Crawford talks with State Journal-Register Business Editor Tim Landis.

NPR Illinois and Tri States Public Radio host the seventh Illinois Issues Forum on the state's financial health and the lasting impacts of the two-year-long state budget impasse.

NPR Illinois and WGLT host the sixth Illinois Issues Forum on the state's financial health and the lasting impacts of the two-year-long state budget impasse. 

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TavisJacobs/flickr

Sean Crawford talks with Tim Landis, Business Editor for the State Journal-Register.

SJ-R.com

Sean Crawford talks with State Journal-Register Business Editor Tim Landis.

Illinois Issues: The Rural Exodus

Aug 10, 2017
Chumlee 10 / Flickr

Analysis: What should be done to respond to loss of rural population?

Carter Staley / NPR Illinois | 91.9 UIS

NPR Illinois hosted its fifth Illinois Issues forum August 9 at the Union League Club of Chicago. The listening tour of the state focuses on the financial health of Illinois and the lasting impacts of the two-year-long state budget impasse. 

Americans have been waiting for a solid pay raise for years. Maybe there's good news awaiting them as the country employs more people.

The U.S. economic recovery has gone on for eight long years, and the unemployment rate is at a low 4.4 percent. But wage gains have barely budged.

That's got economists scratching their heads.

Ferris wheel
flickr/Katherine Johnson

Sean Crawford talks with State Journal-Register Business Editor Tim Landis.

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