We break down complex business news to help you understand how money moves in Chicago and how it affects you.
Illinois
‘The Daily Show’ Takes Illinois Gov. J.B. Pritzker Drinking, Gets Him to Debate Whether ‘The Bear’ Is a Comedy (EXCLUSIVE)
“The Daily Show” kicks off in Chicago on Monday with Governor J.B. Pritzker taking show correspondent Jordan Klepper around Chicago. And that meant several bars, including The Gman Tavern, Murphy’s Bleachers and Guthries Tavern. While they participated in some daydrinking, Klepper got Pritzker to open up on a few key issues — such as whether Chicago-based Emmy winner “The Bear” should be considered a comedy.
“I don’t know why it’s in the comedy category, but I got to say it’s one of the best shows on TV, and it shows off Chicago,” Pritzker told Klepper in the segment, set to run on Monday’s show. Variety has a first look at the clip, which you watch below ahead of the governors appearance at the Democratic National Convention.
Among the highlights, Pritzker has Klepper take a shot of Malört, a very particular liquer made in Chicago. “If you want to be like Chicagoans, you got to have a Malört,” the governor said. It is potent: “I have this aftertaste like I was sucking on the leg of a wet dog,” Klepper quipped.
Klepper noted that the 1968 DNC left a stain on Chicago for years, although the party did return in 1996 for a much more successful event. “Things have changed quite a lot, and there are protests at every convention,” Pritzker said. “But the truth is that here in Chicago, we protect people’s first amendment rights, and we’re going to put on one of the best conventions anybody has ever seen. There’s no city that has a better summer than the city of Chicago.”
Comedy Central’s “The Daily Show” kicks off a week of shows on Monday night at the Athenaeum Center for Thought & Culture in Chicago with Michael Kosta as host, with Gov. Gretchen Whitmer (D-Mich.) as guest. Desi Lydic takes over on Tuesday with Rep. Lauren Underwood (D-Ill.) and then Klepper on Wednesday with Gov. Wes Moore (D-Md.). Those shows air at the normal 11 p.m. ET/PT time, while the week will conclude with a love show hosted by Jon Stewart on Thursday, airing at 11:30 p.m. ET/PT, following the closing night of the DNC.
“The Daily Show” actually kicked off the week with a “InDogCision 2024: Rescuing Democracy” event at Gallagher Way in Chicago. The event featured meet-and-greets with “The Daily Show” news team while registering to vote, adopting dogs and grabbing free giveaways with doggie essentials. HeadCount facilitated over 250 voter registrations and checks, while Paws Chicago saw multiple adoptions in progress.
See Pritzker on “The Daily Show” below.
Illinois
Illinois lawmakers approve statewide regulations for electric bikes, scooters, skateboards
New legislation in Illinois means new rules for electric bikes, scooters, and similar devices. Supporters of the legislation said the goal is to prevent injuries and fatalities, but some e-bike riders question the additional cost that would be involved.
Benjamin Rodriguez, who recently bought an electric bike, said he knows the responsibility that comes with enjoying a ride.
“For a lot of the bikers that are going very fast on these e-bikes, e-scooters, especially along the lakefront, make it dangerous for other regular cyclists, because most of the time they’re just zipping along. They’re not paying attention,” he said.
The Illinois Secretary of State’s Office said injuries and fatalities involving these types of devices increased 300% nationwide between 2019 and 2022. With that in mind, Illinois Secretary of State Alexi Giannoulias said the passage of Senate Bill 3484 is a priority for public safety.
“Some of these devices have become faster, more powerful, and more dangerous than we could have ever have imagined, especially even just a couple of years ago,” he said.
Right now, there’s no statewide regulation in Illinois on high-speed electric bikes.
Senate Bill 3484, which was passed by state lawmakers at the end of their spring session, would require the owners of those devices statewide to only ride on the street, not on sidewalks, not in bike lanes, and not on bike paths.
Riders also would be required to have a valid driver’s license, title, registration, and insurance for their bikes.
“That may be a little too over the top, because you’re already paying several thousand dollars for these vehicles, but at the same time there needs to be some type of regulation to say where they could ride, how fast they could go, because they should be obeying the speed limits as well,” Rodriguez said.
When it comes to electric skateboards, electric unicycles, and high-speed electric scooters, the legislation would require operators to be at least 16 years old, and go no faster than 28 mph on a sidewalk. Those devices would be allowed on bike lanes, bike paths, and roads with speed limits of up to 35 mph. They could only be used on roads with a speed limit of more than 35 mph if there is a bike lane.
Dr. Michelle Macy, a pediatric emergency physician at Lurie Children’s Hospital, said she’s seen minor injuries, but also severe ones.
“Head injuries that are severe enough that someone’s lost consciousness and needs to have a breathing tube and spend days and weeks in the intensive care unit,” she said.
The legislation now goes to Gov. JB Pritzker. If he signs the bill into law, or allows it to go into effect without his signature, it would take effect on Jan. 1, 2027.
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.
-
Mississippi1 minute ago
Mississippi legislators go all-in on AI for government efficiency
-
Missouri4 minutes ago
Missouri Lottery Pick 3, Pick 4 winning numbers for June 4, 2026
-
Montana9 minutes agoBriefs: Janicki expands to Montana, Blaine pizza shop changes hands, new skincare boutique opens | Cascadia Daily News
-
Nebraska16 minutes agoBrooke Bream takes home 52nd Nebraska Women’s Amateur Championship at Lochland Country Club.
-
Nevada19 minutes ago3.8 quake in Las Vegas highlights Southern Nevada’s seismic risks
-
New Hampshire24 minutes agoLetter: New Hampshire is driving blind
-
North Carolina29 minutes agoGreenville man jailed for sex offender registration violation
-
New Jersey31 minutes agoNew details released after United plane flew 15 feet above NJ Turnpike, striking pole