Berlin Packaging completes $1.43 billion deal
Chicago-based Berlin Packaging – which makes plastic, glass and metal containers and closures – has been sold to New York private equity firm Oak Hill Capital Partners in a deal...
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Kohler picks Chicago marketing firm
Kitchen and bath giant Kohler Co. has picked a heavy-hitting Chicago marketing firm to lead its advertising and creative strategy. The privately held Wisconsin-based manufacturer announced Monday that DDB Chicago...
Building wind power superhighways
The wind is so strong in Iowa and Kansas that more wind farms there could power the country's largest cities if only there was a way to move that electricity...
Cutting carbon: Cap and trade — the sequel?
When it comes to cutting carbon, what's old, it seems, is new again. Exelon Corp. executives are using terms like "cap and trade" and "carbon tax" in describing how they...
Many ComEd customers will be able to power down for cash
Starting Wednesday, ComEd customers with smart meters can sign up for a new program that rewards them with credits on their bills for reducing power use at their homes during...
Gasoline is (relatively) cheap and getting cheaper
Gas is dirt cheap at the pump right now (at least comparatively speaking) and could get even cheaper by year's end, according to price watchers. Tuesday, global crude oil prices...
Microsoft wind farm breaks ground in Kankakee
A new wind farm that will supply power to Microsoft Corp. for the next 20 years broke ground Wednesday in Kankakee before a crowd of more than 100. The 175-megawatt...
Can batteries replace coal plants?
In 1997, when Dan Foley was managing Commonwealth Edison's electrical grid, mornings meant firing up two coal-fired generating plants to keep pace with the sudden spike in electricity as nearly...
How carbon cuts are measured determines winners, losers
With states under pressure to cut greenhouse gases, a battle is expected to ensue over how to measure those cuts. The reason: The U.S. Environmental Protection Agency, which has proposed...
Committee taking 45 more days to review fracking rules
The Illinois legislature's Joint Committee on Administrative Rules will take an additional 45 days to review rules that would govern horizontal hydraulic fracturing in the state, saying they would like...