AGP Executive Report
Last update: 44 minutes agoIllinois Politics & Business: Gov. JB Pritzker won a third term as Democrats swept statewide races, giving the party more room to pursue its agenda as affordability concerns shape the debate. Separately, lawmakers and business groups introduced EDGE Essentials legislation to support independent grocers and pharmacies. Chicago Tech: Data analytics firm Ocient raised $100 million to expand its AI business, saying revenue is expected to more than triple this fiscal year. Company Results: Portillo’s reported third-quarter revenue up 7% to $194.1 million and raised its full-year earnings outlook. Ingredion posted $1.79 billion in revenue but cited higher costs and soft demand as profits weakened. EV Infrastructure: EVgo opened its first Chicago-area Supercharger site, part of a national rollout; the company says Illinois EV registrations have climbed nearly 60% in two years. Food Manufacturing: The USDA is investing $1.1 million in six Illinois meat processors to expand processing capacity.
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