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Bill Would Cut Corporate Taxes For CME, CBOE

CHICAGO (CBS) — The Illinois General Assembly got an early start on a plan to try to keep Chicago’s two financial exchange companies in the state Monday, just ahead of today’s opening of the fall veto...

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‘Occupy Chicago’ Group Protests Tax Breaks For CME, CBOE

CHICAGO (CBS) – About “Occupy Chicago” 100 protesters marched on the offices of Mayor Rahm Emanuel and legislative leaders downtown Tuesday. The demonstrators, marching under the banner of “Make Wall...

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Quinn Hopes For Tax Breaks For Financial Exchanges, Sears

SPRINGFIELD, Ill. (CBS) — The Illinois General Assembly begins the second round of its fall veto session Tuesday, and Gov. Pat Quinn is hoping tax relief is among the things on the agenda. As WBBM...

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Walter’s Perspective: Say No To Tax Breaks For CME

CHICAGO (CBS) – Hear ye, hear ye, the Illinois General Assembly is back at work for the people of Illinois and it’s not doing very well – cutting our services and raising our taxes. But, for some...

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Emanuel Gets Split Decision On Springfield Agenda

SPRINGFIELD, Ill. (CBS) – It was a “split decision” in the state capitol for Chicago Mayor Rahm Emanuel during the General Assembly’s veto session. Lawmakers approved his plan for speed cameras for...

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Tax Breaks For CME Group, Sears To Be Discussed After Thanksgiving

SPRINGFIELD, Ill. (CBS) — Tax breaks for a few big businesses could get a vote in the Illinois General Assembly after Thanksgiving. As WBBM Newsradio’s Dave Dahl reports, lawmakers will return on Nov....

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Illinois House Approves Tax Breaks For Sears, CME

CHICAGO (CBS) — The Illinois House has approved a package of tax breaks designed to keep retail giant Sears and Chicago-based financial exchanges in the state. CME Group Inc. owns the Chicago Board of...

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CBOE Reopens Trading After Half-Day Outage

NEW YORK (AP) – Trading on the biggest exchange for financial options resumed Thursday following an outage caused by software problems. The Chicago Board Options Exchange reopened at 12:50 p.m. Eastern...

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Connecticut Investor Charged With Swindling Millions From Chicagoans

CHICAGO (CBS) — An investment manager from Connecticut who previously worked as director of the Chicago Board Options Exchange has been charged with bilking $13 million over about 17 years from dozens...

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Bitcoin Skyrockets During First Day Of Futures Trading

CHICAGO (CBS) — Futures trading on bitcoin began Monday at the Chicago Board Options Exchange (CBOE). “We feel it’s important we are on the cutting edge of technology,” said Macaire Douglas, who’s with...

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