Articles filed under Business

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  • Keep the cold air out with these simple tips Jan 31, 2015 12:01 AM
    If you are finding drafty spots that you missed when insulating and weatherstripping your home during the fall, never fear. There still are some things you can do from the inside of your home to make it more comfy on those cold, drafty days.

     
  • Heirs receive updated cost basis at time of death Jan 31, 2015 12:01 AM
    Q. My father died last year and left his children his home under a life estate. We sold the home in June and were told by our attorney that if we sold the house within 12 months, our basis would equal the selling price and as a result, no capital gains tax would result.

     
  • Solution sought for reverse mortgage problem Jan 31, 2015 12:01 AM
    potential problem facing homeowners who have signed up for a reverse mortgage has still not been corrected. Congressional leaders are now trying to solve the problem.

     
  • State can involuntarily dissolve association Jan 31, 2015 12:01 AM
    Q. I was looking at the Illinois Secretary of State’s website, and it indicates that our homeowner association, a not for profit corporation, was involuntarily dissolved. What does this mean, and can it be corrected?

     
  • Builder sees a much different market emerge Jan 31, 2015 12:01 AM
    The home construction business has fundamentally changed in the Chicago area since the recession hit in 2008, said Andy Konovodoff, president of the Chicago division of K. Hovnanian Homes.

     
  • Reverse mortgage borrowers will have to prove they are not deadbeats Jan 31, 2015 12:00 AM
    One of the attractive features of the HECM reverse mortgage has been that there are no income or credit requirements. But all that will change effective March 2 when a series of drastic new FHA rules come into play.

     
  • Cook: Apple Watch to Be Shipped Starting in April Jan 31, 2015 7:35 AM
    Apple Watch is coming in April. Apple Inc. Chief Executive Officer Tim Cook said on a conference call that the much-anticipated wearable gadget will be shipped starting that month. The company hadn’t previously announced what specific month the watch would be available.

     
  • How U.K.’s queen of tech turned London into Europe’s Silicon Valley Jan 31, 2015 7:35 AM
    It’s a bit ironic, really, speaking to Baroness Joanna Shields at 1776 in Washington. The venue, an incubator for some of the area’s most innovative and rapidly growing businesses, takes its name from the year that the United States split from Great Britain. The United States would later take from the United Kingdom its long-held title of world’s largest economy.

     
  • Facebook launching Trending Super Bowl for the big game Jan 31, 2015 7:35 AM
    As Facebook’s latest step into sports, the social media giant is launching Trending Super Bowl — a real-time hub for content from Sunday’s game between the Patriots and Seahawks. The hub will allow followers to see how the game is going on a scoreboard module, while also viewing Super Bowl-related posts, photos and video posted by professional media, celebrities and friends. The module will also include a running play-by-play from the game, and videos of some of the commercials from the broadcast.

     
  • Law enforcement wants popular police-tracking app disabled Jan 31, 2015 7:33 AM
    Law enforcement is concerned that the popular Waze mobile traffic app by Google Inc., which provides real-time road conditions, can also be used to hunt and harm police. Waze users mark police — who are generally working in public spaces — on maps without much distinction other than “visible” or “hidden.” Users see a police icon, but it’s not immediately clear whether police are there for a speed trap, a sobriety check or a lunch break.

     
  • Review: Hands-on with Microsoft’s hologram device Jan 31, 2015 7:32 AM
    Microsoft’s HoloLens was built by engineers who created the Kinect motion-sensing system for Xbox games. It projects a realistic image on a screen in front of your eyes, but the screen is transparent, so you can still see what’s in front of you. The holograms respond to gestures and spoken commands, detected by cameras and other sensors in the device.

     
  • Review: Good price, limited functions with online Sling TV Jan 31, 2015 7:31 AM
    Satellite TV provider Dish Network made a splash this month when it unveiled an online alternative with fewer channels and a lower price tag than its regular service. The Sling TV option is aimed at people who have dropped their cable or satellite packages or never had either. Based on a few days of viewing, Sling TV comes across as a good stopgap for those who don’t already pay for cable or satellite — but it’s not compelling enough for most people to cut the cord.

     
  • 2 weeks after ‘je suis Charlie,’ Facebook censoring images of Muhammad Jan 31, 2015 7:34 AM
    Only two weeks after Facebook CEO Mark Zuckerberg released a strongly worded #JeSuisCharlie statement on the importance of free speech, Facebook has agreed to censor images of the prophet Muhammad in Turkey -- including the very type of image that precipitated the Charlie Hebdo attack.

     
  • Naperville families find fame in McDonald’s Super Bowl ad Jan 31, 2015 7:33 AM
    A trip to McDonald’s is turning into a few seconds of fame in a Super Bowl ad for a couple of Naperville families who showed up at a McDonald's one day in December at Route 59 and Brookdale Road — hungry and unsuspecting. “It’s just crazy how you take your family to lunch one day and the next thing you know, you’re on the mecca of advertising on the Super Bowl,” Dale Ramsburg said.

     
  • Glen Ellyn considering fee for shoppers who want paper, plastic bags Jan 31, 2015 7:36 AM
    Shoppers who want to use a plastic or paper bag may soon have to pay a fee at some Glen Ellyn businesses. The village’s environmental commission has drafted an ordinance calling for some retailers to charge their customers a fee of not less than 5 cents per disposable bag when they check out. The charge would be applied to both plastic and paper bags. Some materials would be exempt, such as bags used before the point of sale to wrap flowers or meat.

     
  • Cuban youth build secret computer network despite Wi-Fi ban Jan 31, 2015 7:43 AM
    Cut off from the Internet, young Cubans have quietly linked thousands of computers into a hidden network that stretches miles across Havana, letting them chat with friends, play games and download hit movies in a mini-replica of the online world that most can’t access.

     
  • App Reviews: Translate, Shadowmatic Jan 31, 2015 7:42 AM
    Google this month released a major update to its Translate app with a super-nifty function that lets you translate signs by simply pointing your phone camera at them. The feature works when translating basic text between English and Spanish, Portuguese, French, Russian, Italian and German.

     
  • Google announces next four cities getting Google Fiber Jan 31, 2015 7:44 AM
    After months of speculation, Google confirmed Tuesday that its ultra-fast Internet service will soon be coming to four more cities -- Atlanta, Charlotte, North Carolina, Nashville, Tennessee and Raleigh-Durham, North Carolina.

     
  • New $39 million Oakton science and health building open for classes Jan 31, 2015 7:43 AM
    The $39 million Margaret Burke Lee Science and Health Careers Center has opened at Oakton Community College — the culmination of the largest construction project since the Des Plaines campus opened in 1980. "Obviously the hope is we can accommodate more students because these fields are booming now," said Kristi Zenchak, a biology professor.

     
  • Farm animals may come to Brunner forest preserve in Carpentersville Jan 31, 2015 7:41 AM
    A commercial, organic farm may take over about 20 percent of the Brunner Family Forest Preserve in Carpentersville. The plan would save the existing barn on the property and put some new money in the Kane County Forest Preserve District's coffers. But there are some concerns about dedicating such a large portion of the district's "crown jewel" preserve to a private, for-profit use.

     
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