Illinois quick hits: Report shows rate of businesses leaving state

Illinois quick hits: Report shows rate of businesses leaving state

August 12, 2025/
Spread the love

By The Center Square
The Center Square

Report shows rate of businesses leaving state

Illinois businesses are moving to other states at triple the rate they did before the pandemic, according to new research from the Illinois Policy Institute.

In 2023, 218 businesses left Illinois, more than any state in the country after New York and California.

Despite having the most business applications filed in the Midwest, only 5.6% of applicants in Illinois actually opened a business and became operational within 12 months.

Former mayor sentenced for corruption

A federal judge has sentenced former McCook Mayor and Cook County Commissioner Jeff Tobolski to four years in prison for public corruption.

Tobolski pleaded guilty to extortion conspiracy and tax charges in 2020. Tobolski admitted that he abused his elected positions to benefit individuals who paid him more than $250,000 in bribes.

Towns make crowd-free boating list

Three Illinois towns made the list of Best Small Towns for Crowd-Free Boating.

BoatBooker’s 2025 study reviewed online reviews of small boating towns nationwide and found Port Barrington, Illinois came in at No. 6, Morris at No. 10 and Warrenville at No. 18.

Events

No events

Leave a Comment





Latest News Stories

Experts call for probe after Microsoft left out China ties in Pentagon security plan

Experts call for probe after Microsoft left out China ties in Pentagon security plan

By Tom JoyceThe Center Square Microsoft is facing renewed calls for a congressional investigation after ProPublica revealed the company omitted key details about its use of China-based engineers in a...
FBI raids the home of John Bolton

FBI raids the home of John Bolton

By Sarah Roderick-FitchThe Center Square The Maryland home of former UN Ambassador John Bolton has been raided by the FBI, according to multiple reports. FBI Director Kash Patel posted a...
WCO Board Aug 21.1

Will County Executive Proposes $791 Million Budget Focused on Stability Amidst Economic Uncertainty

Article Summary: Will County Executive Jennifer Bertino-Tarrant presented a balanced $791 million budget proposal for Fiscal Year 2026 that aims to maintain services and prepare for potential economic challenges without...
Screenshot-2025-08-19-at-6.09.01-PM

Peotone School Board Rejects Mandating Live-Streaming in 4-3 Vote

Article Summary: The Peotone school board has opted against requiring its meetings to be live-streamed, finalizing a new committee policy after a 4-3 vote defeated the mandate. The decision followed...
WATCH: Detransitioner gets a second chance at medical malpractice lawsuit

WATCH: Detransitioner gets a second chance at medical malpractice lawsuit

By Carleen JohnsonThe Center Square A young woman whose detransition story has been one of the most widely covered in the nation will soon learn if a judge in North...
WATCH: CA Democrats pass congressional redistricting plan

WATCH: CA Democrats pass congressional redistricting plan

By Dave MasonThe Center Square After a day of vigorous debates punctuated by occasional applause, both houses of the California Legislature Thursday passed the three bills making up the congressional...
Pew: U.S. immigrant population declines for first time in nearly 60 years

Pew: U.S. immigrant population declines for first time in nearly 60 years

By Caroline BodaThe Center Square The U.S.’s foreign-born population shrunk this year for the first time since the 1960s, new data released Thursday from the nonpartisan Pew Research Center found....
WATCH: Illinois’ FY23 financial audit released amid criticism of tardy reports

WATCH: Illinois’ FY23 financial audit released amid criticism of tardy reports

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois taxpayers can now look at how the state spent their money in the fiscal year that...
European Union says U.S. consumers will end up paying tariffs

European Union says U.S. consumers will end up paying tariffs

By Brett RowlandThe Center Square European Union leaders detailed the terms of a trade deal they struck with President Donald Trump on Thursday, making sure to point out who will...
Illinois quick hits: Anti-SLAPP bill signed; Chicago schools settles meditation case

Illinois quick hits: Anti-SLAPP bill signed; Chicago schools settles meditation case

By Jim Talamonti | The Center SquareThe Center Square Anti-SLAPP bill signed Gov. J.B. Pritzker has signed legislation to protect news media from strategic lawsuits against public participation (SLAPP). The...
U.S.-EU trade deal includes ceiling for European pharmaceutical imports

U.S.-EU trade deal includes ceiling for European pharmaceutical imports

By Morgan SweeneyThe Center Square The European Union has escaped a potential 250% pharmaceutical tariff and instead has secured a maximum 15% levy with the U.S. according to a joint...
Supreme Court allows Trump to block DEI funding

Supreme Court allows Trump to block DEI funding

By Andrew RiceThe Center Square The U.S. Supreme Court, in a 5-4 decision on Thursday, allowed President Donald Trump to cut hundreds of millions of dollars in federal research grants....
Trump to probe Smithsonian museums for 'woke' ideology

Trump to probe Smithsonian museums for ‘woke’ ideology

By Andrew RiceThe Center Square President Donald Trump has promised to crack down on “woke” ideas promoted in museums across the United States, including the federally funded Smithsonian museums in...
Director: Nation’s largest outdoor ag show brings economic impact to central IL

Director: Nation’s largest outdoor ag show brings economic impact to central IL

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The nation’s largest outdoor agricultural show is set for next week in Central Illinois. The Farm Progress...
NY appeals court overturns Trump's civil fraud penalty

NY appeals court overturns Trump’s civil fraud penalty

By Chris WadeThe Center Square A New York appeals court has tossed out a $454 million civil fraud verdict against Donald Trump and his family business over charges he broke...