Chicago

US Court Verdict Says Caterpillar Inc. to Pay $73.6 Million to Miller UK Ltd.

US Court Verdict Says Caterpillar Inc. to Pay $73.6 Million to Miller UK Ltd.

On Friday, a federal jury in Chicago ordered Caterpillar Inc. to pay $73.6 million in damages related to a lawsuit by Miller UK Ltd. The company which is a former supplier of Caterpillar alleged the equipment manufacturer headquartered in Peoria, Illinois of misappropriate its trade secrets.

Fall in federal funds futures market raises doubt over rate hike

Fall in federal funds futures market raises doubt over rate hike

Notable declines in the U. S.

Madigan Calls for Investigation into the Peoples Gas Pipeline Project

Madigan Calls for Investigation into the Peoples Gas Pipeline Project

On Monday, Lisa Madigan, the Illinois Attorney General called for an investigation into the new project proposed by Peoples Gas, by the Illinois Commerce Commission.

Chicago Mayor Emanuel to Propose $588M Property Tax Increase to City Council which will be Phased Over Four Years

Chicago Mayor Emanuel to Propose $588M Property Tax Increase to City Council

Rahm Israel Emanuel the Mayor of Chicago is likely to ask the City Council to increase the property taxes by $588 million in a phased plan over four years by 2018 to meet the requirement of police

Fast food workers in the U.S Go on Strike Demanding $15 Minimum Wage

Fast food workers in the U.S Go on Strike Demanding $15 Minimum Wage

On Thursday, in a protest to support a minimum wage of $15 and other labour rights, thousands of fast food outlet workers along with supporters in the U. S staged a marched in about 200 cities all over the United States.

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