Economy
The Chicago Loop is the second largest commercial business district in the United States, after New York City's Midtown Manhattan. Its financial district near LaSalle Street is home to the CME Group's Chicago Board of Trade and Chicago Mercantile Exchange.
Aon Corporation maintains its headquarters in the Aon Center. CHASE Bank has its commercial and retail banking headquarters in Chase Tower. Exelon also has its headquarters in the Chase Tower. United Airlines has its headquarters in 77 West Wacker Drive. United moved its headquarters to Chicago from Elk Grove Township, Illinois in early 2007. In addition, United's parent company, United Continental Holdings, also has its headquarters in 77 West Wacker. Blue Cross and Blue Shield Association has its headquarters in the Michigan Plaza complex. Sidley Austin has its headquarters in the One South Dearborn building in the Chicago Loop. Morton Salt has its headquarters in the Chicago Loop.
The Chicagoland Chamber of Commerce is located in an office in the Aon Center, the French-American Chamber of Commerce in Chicago has an office in 35 East Wacker, the Netherlands Chamber of Commerce in the United States is located in an office at 303 East Wacker Drive, and the US Mexico Chamber of Commerce Mid-America Chapter is located in an office in One Prudential Plaza.
Previously the grocery store company Red & White once had its headquarters in the Loop. McDonald's was headquartered in the Chicago Loop until 1971, when it moved to Oak Brook, Illinois. When Bank One Corporation existed, its headquarters were in the Bank One Plaza (now Chase Tower). When Amoco existed, its headquarters were in the Amoco Building (now the Aon Center).
Read more about this topic: Chicago Loop
Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)