We break down complex business news to help you understand how money moves in Chicago and how it affects you.
Illinois
Police seek driver in Ursa, Illinois hit and run
ADAMS COUNTY, Ill. (WGEM) – The Adams County Sheriff’s Office says a vehicle struck a bicyclist near Ursa, Illinois and fled the scene Tuesday night.
The collision happened at E. 603 Lane & N. 2050th Ave. just outside Ursa. Police were called to the scene around 8:39 p.m.
Police say the cyclist, a juvenile, was critically injured by a vehicle traveling on east 603rd Lane.
The cyclist was taken from the scene by air evacuation.
Adams County Fire Department, Emergency Services, and Sheriff’s Department reported to the scene.
The Adams County Sheriff’s Office is asking that anyone with information regarding this incident please call the Adams County Sheriff’s Office at (217) 277-2200 or the Non-Emergency Dispatch number at (217) 222-9360 as well as the Quincy Regional Crime Stoppers at (217) 228-4474.
Copyright 2024 WGEM. All rights reserved.
Illinois
Suburban Chicago man charged after Illinois Tollway worker killed on I-294
COOK COUNTY, Ill. – A Berwyn man is facing a felony DUI charge after state police said he struck and killed an Illinois Tollway worker and injured two others during overnight road work on the Tri-State Tollway in Des Plaines.
What we know:
According to Illinois State Police, 37-year-old Paul R. Ong was arrested following a deadly crash that occurred around 4:26 a.m. May 30 on southbound Interstate 294 north of Devon Avenue near milepost 41.5.
ISP said three Illinois Tollway workers were conducting pothole repairs when an SUV driven by Ong struck one of the workers.
State troopers responded to the scene and provided medical aid before the injured worker was transported to a hospital, where he died about a half hour later.
The Cook County Medical Examiner’s Office identified the worker as 52-year-old Calvin L. Holley of Chicago.
The two other tollway workers were also taken to a hospital with injuries that were not considered life-threatening.
ISP took Ong into custody at the scene. He has been charged with one count of aggravated driving under the influence involving death, a Class 2 felony.
What’s next:
As of Wednesday, Ong remained in custody awaiting his first court appearance.
The Source: The information in this story came from Illinois State Police.
Illinois
Consumer advocacy groups oppose Illinois American Water $142.4M rate hike and potential major acquisition
Consumer advocates want Illinois American Water to cut its proposed $142.4 million rate hike by 38%, saying the company is seeking exorbitant profits.
Those advocates are seeking a $54 million cut to the proposal, according to filings to the Illinois Commerce Commission from the Illinois Attorney General’s office and groups including the Citizens Utility Board. The Illinois Commerce Commission is set to rule on the company’s request later this year.
Illinois American’s proposal, filed earlier this year, was submitted after the Illinois Commerce Commission approved a separate $110 million rate increase for the company for 2025. Illinois American’s proposal could bump water bills by an average of $168 per year for residential water customers and $336 per year for wastewater customers, according to CUB estimates.
The groups argue that Illinois American’s request for an increased payout for its investors — 10.75%, the same figure the ICC reduced by nearly a full percentage point in its last rate case — is driving the rising costs, saying it’s overinflated by $30.8 million when IAW’s parent company has seen more than $1 billion dollars in profit each of the last two years.
Meanwhile, as of April, nearly 47,000 households are already behind on their bills to Illinois American Water, totaling more than $8 million, according to ICC data.
“The fact that [the current return on investment] is not enough for them already is troubling,” said Eric DuBellis, general counsel for CUB.
In a statement to the Sun-Times, the company attributed the request for a rate increase to the cost of “replacing aging pipes, upgrading treatment facilities, improving storage and pumping systems, and meeting evolving regulatory requirements.”
But in addition to $4.7 million in executive bonuses factored into the request, CUB said the company also is basing its revenue estimates on a sharp drop in water use, akin to the start of the COVID-19 pandemic, when people stopped leaving their homes.
“It’s an absurd thing to forecast — that was an unforeseeable circumstance in an otherwise normal year,” DuBellis said.
Illinois American serves 148 communities across the state, including some in suburban Chicago. It operates the water delivery systems in those communities, along with 18 water treatment plants and 17 wastewater treatment facilities around the state.
Even beyond the rate hike, Illinois American and Aqua Illinois, two of the largest water utility providers in the state, proposed an acquisition that would put the two under the same roof last October; the Illinois Commerce Commission still has yet to rule on it.
Over the last several years, the two companies have aggressively bought up depreciated municipal water and wastewater systems, which CUB says has added $411 million to Illinois water bills since 2013.
Illinois American has also purchased Prairie Path Water Company, which has about 35,000 customers in northern and central Illinois. If the proposed acquisition is approved, it would leave just about 800 private residential water customers outside Illinois American’s jurisdiction statewide — an effective monopoly for water utility and a complete monopoly for wastewater, according to CUB.
The “level of market consolidation raises obvious concerns,” representatives for CUB wrote in ICC filings.
“It would make one large private utility in the state,” Bryan McDaniel, CUB’s director of governmental affairs. “They’re buying all these systems, there’ll be no competition, just one big monopoly.”
The consumer advocate also argues the consolidation of utilities has led to worse outcomes for customers.
Data from Aqua Illinois in ICC filings show a 77% increase in “unplanned disruptions” — such as main breaks — from 2022 to 2025, as well as a 39% increase in “unplanned advisories,” which include boil orders, between 2024 and 2025. CUB said data for advisories in 2022 and 2023 weren’t provided when requested by the Attorney General’s office as part of the case for the rate hike.
“Customers pay the full price of the system, plus they replace it all,” McDaniel said. “We think shareholders ought to pay for that.”
State Sen. Laura Murphy had legislation up for consideration to force utility companies’ shareholders to shoulder 80% of merger and acquisition costs.
Between July 2024 and 2025, IAW customers in Des Plaines saw bills an average of 142% higher than those getting water from the municipal system, according to a study conducted by the city of Des Plaines.
The legislation was amended after push back, opting instead to give towns and cities a chance to buy back their systems every few years, but still didn’t pass by the end of the session. The problem persists, Murphy said, as she still constantly hears of complaints out of Des Plaines, the town which originally inspired the bill.
“I remember when it was rare when a utility went to the ICC [for a rate hike], people’s salaries can’t keep up, ” Murphy said. “You have to learn how to manage the same way the government does. You don’t have to have profits to increase upper management salaries.”
Looking ahead to the fall session, Murphy said her colleagues have been looking into reforming the current rate hike system and bolstering the ICC’s ability to regulate utilities.
Illinois American’s request comes at the same time Peoples Gas’ put in for a $202 million rate hike and Nicor for a $220 million rate hike; both also will be up for a vote before the ICC later this year.
“Our system structure puts the ICC as that watchdog and they’re going to have to step up like they never have before,” Murphy said.
Illinois
104th Illinois General Assembly passes bills for immigration, technology
The 104th Illinois General Assembly adjourned Monday, having passed significant bills relating to children and technology, immigration and rent.
Its most recent legislative session began on Jan. 14. The General Assembly introduced more than 3,000 bills and passed 395, according to the Illinois Municipal League.
HB5511 — The Children’s Social Media Safety Act
The Children’s Social Media Safety Act was passed by both the state Senate and state House Monday. By Jan. 1, 2028, operating system providers must present an interface when users create an account that requires them to indicate their birth date, age or both. The act then requires that operators use default privacy settings for minors if the operator knows the user is a minor, unless a parent of the minor chooses to override them. Violation of the act would be considered illegal under the Consumer Fraud and Deceptive Business Practices Act.
State Rep. Jennifer Gong-Gershowitz (D-Glenview), who represents a part of Evanston, was the lead sponsor of the bill.
Gov. JB Pritzker expressed explicit support for the Children’s Social Media Safety Act, posting a video in March on Facebook in which he spoke about his concerns about children in Illinois who struggle with mental health issues because of social media.
“Social media companies have shown us time and again they won’t step up. So, Illinois is stepping in,” Pritzker said in the video. “I want to empower parents with more tools to help protect their kids, and our kids need to know they’re safe when they’re online.”
HB5024 — a bill preventing detention center facilities from being located close to communities
The bill prohibits detention center facilities from being “located, constructed, or operated within 1,500 feet” of schools, day care centers, public housing and other community locations. It was also passed Monday and is awaiting Pritzker’s approval.
House Speaker Emanuel “Chris” Welch (D-Westchester), the lead sponsor of the bill, said during a March legislative meeting that his district is deeply impacted by the presence of detention center facilities. Welch said the Immigration and Customs Enforcement facility in Broadview, Illinois, is located in the “heart” of the district he represents.
“This is not an abstract policy debate for me — this is personal, and it is deeply local,” Welch said in March. “This bill says something very simple and very reasonable: detention facilities do not belong in the middle of our neighborhoods. They should not be next to schools.”
The mayor of Broadview, Katrina Thompson, said in a video released by the Illinois House Democrats that some Broadview residents are 600 feet away from ICE facilities.
“House Bill 5024 creates clear, common-sense boundaries that prioritize people over placement,” Thompson said in the video.
HB3564 — The Rental Fee Transparency and Limitations Act
Passed by both houses in April, the bill would amend the Landlord and Tenant Act to prevent landlords from imposing a move-in fee for renters and from “renaming” fees.
The bill would also amend the Illinois Human Rights Act, establishing in-state policy that “access to housing is a fundamental human right in preventing discrimination based on familial status or source of income in real estate transactions.”
More than 40% of Evanston households are renters as of 2024, according to U.S. Census survey data. Around half of these households are cost-burdened, meaning they spend more than 30% of their income on housing costs, according to a September 2025 Evanston Housing Gap Analysis.
The lead sponsor of the bill, State Rep. Nabeela Syed (D-Palatine), said the legislation would benefit both renters and landlords.
“When fees are transparent upfront, renters can budget accurately, and landlords avoid disputes down the line,” Syed said during a press conference in April. “That’s a win for the rental market as a whole.”
The Illinois General Assembly is expected to return for its next legislative session Nov. 17 to 19 and from Dec. 1 to 3 for a Fall Veto Session.
Email: [email protected]
Related Stories:
— Illinois state legislature narrows in on affordability concerns
— Hundreds rally for environmental legislation at State Capitol
— Illinois lawmakers hit back at ICE with constitutional rights and protections bill
-
Alabama28 seconds agoGovernor Ivey Approves Request for Alabama National Guard to Support America 250 Events in Nation’s Capital –
-
Alaska3 minutes agoTomorrow Alaska Burns $190 Million Of Taxpayer Money To Drag Oil Companies Into The Arctic Refuge
-
Arizona8 minutes agoBiosphere 3 AI system at University of Arizona facility analyzes environmental data
-
Arkansas15 minutes agoArkansas cotton, soybean planting pushes toward finish as June ‘Acreage’ surveys get underway – Pine Bluff Commercial
-
California18 minutes agoTrump claims without proof Democrats are ‘trying to steal’ California primaries
-
Colorado23 minutes agoAnyone can fish for free — without buying a license — this weekend in Colorado
-
Connecticut30 minutes agoDriver Dies After Vehicle Plunges Into Water: Police: CT News
-
Delaware33 minutes agoA favorite Delaware ice cream spot is getting a major makeover