Chicago, the nation’s third-most populous city, has seen a rise in crime that prompted its richest resident, Citadel founder Ken Griffin, to say he’s likely to move his $38 billion hedge fund elsewhere. Chicago’s Magnificent Mile and State Street shopping districts, along with many restaurants in the downtown Loop, have yet to recover from the pandemic. Even the National Football League’s Bears franchise is considering an exit to the suburbs. (Bloomberg)
Illinois Senators Dick Durbin and Tammy Duckworth called the move “incredibly disappointing.”
“Boeing’s decision to leave Illinois is incredibly disappointing–every level of government in our state has worked to make Chicago and Illinois the perfect home for Boeing’s headquarters for the past 20 years. We are working together to ensure Boeing leadership both understands how harmful this move will be and does everything possible to protect Illinois’s workers and jobs,” the statement read.
— Mallory Vor Broker (@MVorBroker) May 5, 2022