Chicago Seeks New CFO, Warns of Layoffs After Contentious Budget

Chicago Mayor Brandon Johnson said he is confident the city will find a new finance chief and warned of possible layoffs by mid-year after a budget battle fueled concerns about...

By Shruti Singh, Miranda Davis · Bloomberg Markets

Chicago Mayor Brandon Johnson said he is confident the city will find a new finance chief and warned of possible layoffs by mid-year after a budget battle fueled concerns about revenue shortfalls.