The Week in Business: Portillo's building dining room-less restaurant in Rosemont; Moody's raises Illinois' bond rating to A3.
Rail merger gets conditional OK U.S. Surface Transportation Board approved a controversial merger between the Canadian Pacific and Kansas City Southern railroads Wednesday but imposed conditions reflecting opposition from communities and other railways.
Moody's upgrades Illinois' bond rating Moody's Investors Service announced Tuesday that it has upgraded Illinois' bond rating to A3, up from Baa1, marking the eighth credit upgrade the state has received in less than two years. Moody's is now the second major rating agency to put Illinois in the 'A' category following S&P's decision on Feb. 23 to upgrade the state to A- on its scale.
Shaq set to open Rosemont restaurant NBA legend Shaquille O'Neal's Big Chicken restaurant chain still plans to open its first Illinois location in Rosemont this June, with a second soon to follow in Schaumburg. Diamonds Direct opens at Woodfield North Carolina-based Diamonds Direct has opened its first Illinois location in an outlot building north of Woodfield Mall in Schaumburg.
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